Striata and CIC Launch Integrated eSignature, eDelivery, and eBilling for the Financial...

* Reuters is not responsible for the content in this press release.

Mon May 11, 2009 8:30am EDT

Striata and CIC Launch Integrated eSignature, eDelivery, and eBilling for the
Financial Services Industry

Industry Leading Providers Team Up to Provide High Volume Transaction Solution
Enabling Paperless Processing for Banking and Insurance

REDWOOD SHORES, Calif. and NEW YORK, May 11 /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 and Striata, the leading North American provider of
email bill presentment and payment, announced today that they have entered an
agreement to provide their products and services as an integrated solution for
the financial services industry.

Under the terms of the agreement, CIC will provide its industry proven
electronic signature technology for Striata secure electronic document
delivery http://www.cic.comand email bill payment. The joint product offerings
represent an ideal solution for virtually any financial application requiring
electronic approvals.  

As a global eDocuments and eBilling software application developer and
services specialist, Striata provides both proven solutions and cutting edge
methodologies to maximize both high volume consumer and business to business
paper turn off initiatives. Striata has an impressive legacy of dramatically
reducing paper, from your local bank to the world's largest financial
institutions.

The combined offering enables Striata to offer electronic signature
capabilities to its current financial institution customers and extend its
platform into new areas of investment and insurance products. 

"The financial services industry is administratively burdensome and very
paper-intensive," stated Garin Toren, Chief Operating Officer of Striata.
"Incorporating CIC's electronic signature technology into our product offering
enhances our initiative for providing solutions that reduce costs, increase
document security and integrity as well as providing the final and essential
step for our customers to easily migrate to a truly paperless environment." 

CIC's eSignature solutions have provided documented ROI and are proven to meet
the requirements of the most demanding and successful firms in the industry as
well as affording top tier software solution providers the opportunity to meet
the need to deliver electronic signature based solutions which enhance the
customer experience while providing an exceptional competitive advantage. 

"We continue to identify select integration partners capable of expanding our
technology within key vertical market segments," stated Guido DiGregorio,
CIC's Chairman & CEO.  "We expect our partnership with Striata and the
integration of eSignature with eDelivery and eBilling to be a major
opportunity for increasing revenue growth for both firms and to provide
further penetration in the financial services industry worldwide."

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 AGLA, AllState, Charles Schwab, Prudential, Snap-on
Credit, Travelers, Wells Fargo and WFG (World Financial Group) 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

*In December 2008, CIC was named to Forrester Research's "Hot Banking Tech
Companies To Watch in 2009" Report.

**In October 2007, CIC was awarded the 2007 Global Frost & Sullivan Award for
Market Leadership in the dynamic signature verification market.

About Striata
Striata's Secure eDocument Delivery and Email Bill Presentment & Payment
(EBPP) are solution sets that deliver a rapid reduction in operational costs,
quicker payments and an enhanced customer experience.

Striata revolutionizes the way bills, statements, policies, collection
notices, letters, paystubs and other high volume system-generated documents
are delivered and paid. Registration requirements are eliminated by emailing
feature rich, interactive, encrypted documents directly to the inbox and
enabling innovative 1-click electronic payment from within the document
itself.

Direct email delivery of bills and statements dramatically increases customer
adoption of electronic documents, paper turn off and ePayments. This enables
Striata's clients to achieve rapid ROI; complement their existing self-service
and e-communication strategies; significantly reduce paper output and to meet
their carbon footprint/environmental impact targets.

As a leading international provider of electronic messaging since 1999 with
more than 200 blue chip customers, Striata has operations in New York, London,
Hong Kong, Sydney, Johannesburg and partners in North, Central & South
America, Europe and Asia Pacific.  For more information, please visit:
http://www.striata.com
 
Forward Looking Statement
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 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


    Striata
    Marketing
    88 88 USAPAY (872 729)
    info@usa.striata.com




SOURCE  Communication Intelligence Corporation

Investors or Media, Chantal Eshghipour of Communication Intelligence
Corporation, +1-650-802-7740, investorrelations@cic.com; or Marketing,
Striata, 88 88 USAPAY (872 729)
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.