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Mitek Hires Green Dot CTO Michael Strange as Mobile Imaging Leader's Chief Technology Officer
SAN DIEGO, July 9, 2012 (GLOBE NEWSWIRE) -- Leading mobile imaging software solutions provider Mitek Systems, Inc., (Nasdaq:MITK) today announced that Michael Strange has joined the Company as chief technology officer. In this capacity, Strange is responsible for leading the technological advancements of Mitek's mobile imaging software solutions and finding new markets for the technology to serve both the banked and underbanked industry segments. Dr. Grigori Nepomniachtchi has been named chief scientist and will report directly to Strange, as will engineering, product management and quality assurance.
"Mike brings 20 years experience in payments, prepaid, hosted services (BSO and SaaS), professional services, and proven product leadership and project management to his new role at Mitek," said James DeBello, Mitek Systems president and CEO. "His experience in leading mobile product development will help Mitek expand its capabilities and product portfolio for the banked and underbanked marketplace, including driver's license capture for identity verification, as well as other markets set to benefit from the gold standard in mobile imaging technology."
Prior to joining Mitek Systems, Strange was CTO of Green Dot Corporation, a provider of retail-based prepaid products to a broad base of U.S. consumers. In this role, he led the architecture planning and strategy functions, resulting in a reusable platform to serve the large underserved market known as the underbanked, including launching the company's mobile program.
"Mitek is extremely well positioned in the marketplace, and I am proud to have the opportunity to extend and expand on such a strong foundation. Remote deposit capture is just the beginning. Mitek has developed patented mobile imaging technology that can enable depositing checks, loading prepaid cards, paying bills and managing personal finances." said Strange. "I feel my experience is the perfect match for a company on the cutting edge of taking smartphones and tablets to the next level of functionality for consumers."
Strange has also served as director at Neudesic, where he led numerous practices and projects, including systems architecture, product development, business intelligence, data warehousing, and CRM implementations. Before that he was senior vice president at William O'Neil + Company, where he led enterprise architecture, product configuration, and data management modernization. Mike Strange holds a B.S. degree in Computer Science from the Massachusetts Institute of Technology (MIT).
About Mitek Systems
Headquartered in San Diego, Calif., Mitek Systems (Nasdaq:MITK) is a mobile imaging software solutions provider that allows users to remotely deposit checks, pay bills, get insurance quotes, and transfer credit card balances by snapping a picture with their camera-equipped smartphones and tablets instead of using the device keyboard. Mitek's technology increases convenience for the consumer by eliminating the need to go to the bank branch or automated teller machine, and dramatically reduces processing and customer acquisition costs while increasing customer retention. With a strong patent portfolio, Mitek is positioned as the leading innovator in mobile imaging software and currently provides its solutions to Fortune 500 financial services companies. For more information about Mitek Systems, please visit www.miteksystems.com.
CONTACT: Investor Relations: Julie Cunningham 858.309.1780 firstname.lastname@example.org Media Relations: MIX Public Relations for Mitek Systems email@example.com