CIC Named to Independent Research Firm's 'Hot Banking Tech Companies to Watch in...

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Mon Dec 29, 2008 8:35am EST

CIC Named to Independent Research Firm's 'Hot Banking Tech Companies to Watch
in 2009' Report

REDWOOD SHORES, Calif., Dec. 29 /PRNewswire-FirstCall/ --Communication
Intelligence Corporation ("CIC") (OTC Bulletin Board: CICI), a leading
supplier of electronic signature solutions for business process automation in
the financial industry and the recognized leader in biometric signature
verification, announced today it has been named to Forrester Research's "Hot
Banking Tech Companies To Watch In 2009" Report dated December 2008.

The Forrester report states in part:

"Communications Intelligence Corporation, or "CIC" (www.cic.com), provides
legally binding and compliant electronic signature solutions targeted at the
contract execution needs of banks, insurers, and public sector markets... CIC
has struck a partnership with CSC that, while complementing a number of CSC's
core banking application offerings, is being delivered as one of the tools
that CSC is providing to facilitate mortgage loan modifications and workouts
and improve loss mitigation process efficiency... CIC's SaaS-based electronic
signature solutions help speed up a very lengthy and painful process that can
often take as long as 90 days, reducing the time to less than three days to
say nothing of borrower stress levels. 

Why it's important. At the end of the third quarter of 2008, the seasonally
adjusted total delinquency rate was the highest recorded by the Mortgage
Bankers Association... As the economy further deteriorates, the number of
foreclosures will increase, along with the call for more regulation to move
more borrowers through the process faster and more fairly... There have been
few technology vendors that have targeted the mortgage workout market, despite
the obvious need and the far-reaching economic consequences if the industry
maintains its 'business as usual' approach. Partnerships such as the one
struck by CIC and CSC bring technology that addresses a complex and very real
economic and social problem."

CIC's Chairman & CEO, Guido DiGregorio stated: "We are pleased to be
recognized for our contribution to automating the mortgage workout process. 
Partnering with CSC to integrate our technologies to deliver a SaaS-based
electronic signature solution reduces a very lengthy and painful process
involving many parties, that can often take several months, to less than three
days alleviating borrower stress along with significant expense reductions. 
This product offering reflects the timeliness and benefits of our technology
coupled with our ability to effectively and efficiently integrate our
technology with selected partner offerings to significantly enhance the value
of the end solution." 

For the full Report including an overview of the financial market factors
driving the need for CIC's solutions, click on link below:
Forrester Report

About CIC
Communication Intelligence Corporation ("CIC") is a leading supplier of
electronic signature solutions for business process automation in the
Financial Industry and the recognized leader in biometric signature
verification. CIC's products enable companies to achieve truly paperless work
flow in their eBusiness processes by enabling them with "The Power to Sign
Online(R)" with multiple signature technologies across virtually all
applications in SaaS and fully deployed delivery models.

Industry leaders such as AEGON, AIG, Charles Schwab, Prudential, Nationwide
(UK), Snap-on Credit and Wells Fargo chose CIC's products to meet their needs.
 CIC has deployments with over 400 channel partners and enterprises worldwide
representing hundreds of thousands of users, with over 500 million electronic
signatures captured, eliminating the need for over a billion pieces of paper. 
CIC sells directly to enterprises and through system integrators, channel
partners and OEMs. CIC is headquartered in Redwood Shores, California and has
a joint venture, CICC, in Nanjing, China. For more information, please visit
our website at http://www.cic.com

Forward Looking StatementOTC Bulletin Board - CICI
Certain statements contained in this press release, including without
limitation, statements containing the words "believes", "anticipates",
"hopes", "intends", "expects", and other words of similar import, constitute
"forward looking" statements within the meaning of the Private Litigation
Reform Act of 1995. Such statements involve known and unknown risks,
uncertainties and other factors which may cause actual events to differ
materially from expectations.  Such factors include the following (1)
technological, engineering, quality control or other circumstances which could
delay the sale or shipment of products containing the Company's technology;
(2) economic, business, market and competitive conditions in the software
industry and technological innovations which could affect the Company's
business; (3) the Company's inability to protect its trade secrets or other
proprietary rights, operate without infringing upon the proprietary rights of
others or prevent others from infringing on the proprietary rights of the
Company; and (4) general economic and business conditions and the availability
of sufficient financing. 

CIC, its logo, Ceremony, Sign-it and the Power to Sign Online are registered
trademarks.  All other trademarks and registered trademarks are the property
of their respective holders.

    Contact Information  

    CIC
    Investor Relations & Media Inquiries:
    Chantal Eshghipour
    650-802-7740
    investorrelations@cic.com




SOURCE  Communication Intelligence Corporation

Chantal Eshghipour of Communication Intelligence Corporation, +1-650-802-7740
, investorrelations@cic.com
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