CIC and 4Point Partner to Provide Enhanced Solutions for the Financial Services Industry - May 08, 2008
Leading Adobe(R) Partners Deliver End-to-End Solutions for Truly Paperless Processes
REDWOOD SHORES, Calif. and OTTAWA, - Communication Intelligence Corporation ("CIC") (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 Four Point Solutions Ltd. ("4Point"), an Adobe Gold Solution Partner announced today a strategic partnership alliance.
Under this agreement, the companies will jointly market and sell each other's product and service offerings. CIC, an Adobe Security Technology Partner, and 4Point, will leverage each other's strengths in products and services to offer leading organizations utilizing Adobe's LiveCycle(R) ES or Acrobat(R) enterprise products a turnkey approach for implementing signature technologies. CIC will provide 4Point its full range of biometric and electronic signature solutions targeted at the banking and insurance industries and 4Point will provide CIC with expertise on Adobe technologies, including reselling Adobe's full suite of solution components as well as providing consulting and systems integration services.
"CIC continues to team with select integration partners who can provide broad market access and effective sales coverage for eSignature solutions aimed at financial services and other vertical market applications," commented Joe DePaola, CIC's Vice President Worldwide Sales for CIC. "Leveraging 4Point's extensive experience in architecting and integrating Adobe's Enterprise Document Solutions will help ensure optimum ROI, for our joint customers and will create new opportunities in the market place."
CIC's enterprise eSignature suite includes multi-modal eSignature solutions that have been successfully deployed by several Tier 1 insurance and banking firms. 4Point addresses today's complex business process issues with secure Adobe enterprise solutions and has a legacy of innovation that allows rapid and tailored response to each client's needs. With this strategic partnership alliance, customers benefit from the best of both worlds.
"As the leading Adobe Gold Solution Partner in North America, 4Point has been involved in many successful customer deployments including large scale projects involving CIC," commented Denis Parisien, Vice President of Sales and Marketing at 4Point. "Leveraging the strengths of our combined offerings will create new opportunities in the marketplace and enable us to provide a more complete solution for our financial services customers."
CIC's products include its SignatureOne(R) Profile and Ceremony(R) Servers, Sign-it(R), and iSign(R) software. CIC's SignatureOne Servers provide full life cycle management of electronic approval processes. Sign-it and iSign provide shrink-wrapped application plug-in as well as developer tools for the integration of signatures into complex enterprise architectures and custom applications. CIC's technology supports a common process and methodology to provide a uniform program interface for multiple signature methods and multiple signature capture devices, simplifying enterprise-wide
integration of business process automation tasks requiring eSignatures, and virtually eliminating the need for paper copies and wet-ink signatures.
4Point provides customers with leading industry and subject-matter expertise utilizing Adobe enterprise products. 4Point engages with key customer stakeholders to understand business process needs and deploy solutions with the appropriate level of support. The end result is immediate process improvements and increased collaboration and security that can bring about a significant return on investment. 4Point has deployed Adobe LiveCycle ES and Flex solutions worldwide to hundreds of customers in every sector.
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 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 tens of thousand 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/
About 4Point
With extensive expertise and experience in Adobe's enterprise solutions, Four Point Solutions Ltd. (4Point) delivers consulting services, training, and technical and application support that ensure customer satisfaction lasts. 4Point's breadth and depth of solution deployment experience in all sectors, including financial services, government, life sciences, education, and manufacturing, has made 4Point Adobe's leading Solution Partner in North America. 4Point continues that success in the European market. From 4Point's executive team to its consultants, solution architects, Adobe-certified trainers, and sales engineers immediate access to wide-ranging experience is available in every aspect of Adobe(R) LiveCycle(R) ES and Adobe Flex deployment.
For more information, please visit our website at http://www.4point.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, its logo, Sign-it, SignatureOne, Ceremony, iSign 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 Inquiries:
Chantal Eshghipour
Phone: 650-802-7740
Email: investorrelations@cic.com
4Point
Sarah Samplonius
Phone: 613-907-6439
Email: sarah.samplonius@4point.com
Communication Intelligence Corporation
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