CIC Automates the Mortgage Process
October 26 2006 - 10:30AM
PR Newswire (US)
Adobe & CIC to Present a Live Online Seminar on Streamlining
eMortgage Processing REDWOOD SHORES, Calif., Oct. 26
/PRNewswire-FirstCall/ -- (OTC:CICI) (BULLETIN BOARD: CICI)
Communication Intelligence Corporation ("CIC"), 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 that on November 2, 2006 at
2:00 P.M. Eastern Time CIC and Adobe Systems Incorporated ("Adobe")
will present a live online seminar on streamlining mortgage
origination and processing. Adobe and CIC have partnered to enable
authenticated electronic signatures within Adobe(R) Acrobat(R) and
LiveCycle(TM) documents. This unique eSignature solution addresses
the diverse needs of electronic mortgage processes. Together Adobe
and CIC are making mortgage processing faster, easier, and more
cost-effective by streamlining processes and automating steps that
require paper -- from loan sourcing to servicing. Banking
institutions and mortgage lenders are turning to Adobe and CIC to
drive differentiation by more effectively and securely interacting
with customers, agents, and brokers. By supporting electronic
mortgage processes using existing systems and automating
paper-based transactions, these institutions are setting the new
standard in customer service requirements and improving margins in
a competitive market. "The CIC eSignature Solution presents a
uniform methodology for capturing electronic signatures of all
kinds," stated Russ Davis, CIC's Chief Technology Officer. "Whether
you need the socially accepted handwritten signature from a Point
of Sale type terminal, a verified biometric signature on a Tablet
PC, zero footprint eSignatures, voice signature, or a combination
fingerprint and smartcard PKI signature from a specialty device,
CIC supports a wide variety of well known products with a single
eSignature solution." "The eMortgage process involves many
different eSignature environments between application,
underwriting, processing and closing, each of which has its own
unique functional requirements. CIC's unique ability to provide a
single eSignature solution with Adobe's secure electronic forms is
vital in addressing the critical business process and transaction
integrity requirements for the entire eMortgage process," said
Scott Zieglar, CIC's Vice President of Channel Sales. "We are
delighted to team with Adobe to broaden and accelerate the
awareness of the significant benefits of CIC's eSignature
technology." Register today to learn how Adobe Solutions with CIC's
eSignature product: -- Enable lenders to produce Rich Internet
applications for research, selection, and application processes --
Minimize manual steps in credit scoring, underwriting, and pricing
-- Ensure that closing documents are on time, accurate, secure, and
compliant -- Provide lenders, notaries, and borrowers support for
eSignatures Speakers: Nicole Kealey, Group Solutions Manager, Adobe
Systems, Incorporated Russ Davis, Chief Technology Officer,
Communication Intelligence Corporation Honorable Steve McDonald,
Director, Property Records Industry Association (PRIA) What: Live
online seminar When: 2:00 p.m. Eastern Time, Thursday, November 2,
2006 Register online at:
http://www.adobe.com/cfusion/event/index.cfm?event=detail&id=615124&loc=en_us.
How: Live over the Internet; simply connect to the address above.
Questions: Please send your e-mails to . CIC supported Adobe at the
recent Mortgage & Banking Association (MBA) tradeshow in
Chicago and will demonstrate their combined solution and
capabilities at the BAI Retail Delivery conference in Las Vegas in
November. 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. Industry leaders such as AIG, Charles Schwab,
Prudential, Nationwide (UK) and Wells Fargo chose CIC's products to
meet their needs. 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 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. NOTE: CIC, its logo and the Power to Sign
Online are registered trademarks. Adobe, its logo, Adobe Acrobat
and Adobe LiveCycle are either registered trademarks or trademarks
of Adobe Systems Incorporated (NASDAQ: ADBE). Contact Information
CIC Investor Relations Inquiries: Chantal Eshghipour 650-802-7740
DATASOURCE: Communication Intelligence Corporation CONTACT: Chantal
Eshghipour of CIC, Investor Relations, +1-650-802-7740, or Web
site: http://www.cic.com/
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