CIC's CEO Applauds the Presidential Signing of E-Signature Legislation
REDWOOD SHORES, Calif., Jun 30, 2000 /PRNewswire via COMTEX/ -- Communication Intelligence Corporation (Nasdaq: CICI chart, msgs), the leading supplier of natural input and electronic signature solutions, today applauds the signing by President Clinton of the Electronic Signatures in Global and National Commerce Act, known as the E-SIGN bill.
President and CEO Guido DiGregorio commented today, "The E-SIGN bill significantly contributes towards moving us from the paper age to the digital/biometric age allowing major improvements in the way people conduct business while giving electronic signatures the same legally binding status as traditional hand written signatures." He further commented, "Through our biometric signature verification technology, businesses and consumers are able to dramatically improve the speed of transactions, at the highest level of security, while eliminating the cost of paper. Signature dependent industry sectors like financial services, banking, healthcare, insurance, and real estate represent enormous potential and CIC is well positioned to participate in this rapidly emerging market."
A CIC signature is based on biometric measurements and information that uniquely describes how a person actually signs their name. The verification process takes into account changes in speed, style and timing that occur during the act of signing making it virtually impossible to forge another person's signature. CIC's product offerings are designed to provide a cost-effective means for securing electronic transactions and enabling workflow automation of traditional paper form processing.
For more information about CIC product offerings please visit www.cic.com or for purchasing information email sales@cic.com.
About CIC
Communication Intelligence Corporation (CIC) is the leading supplier of natural input and electronic signature solutions for wireless Internet and e-Commerce applications. The Company's core software technologies include multilingual handwriting recognition systems, dynamic signature verification, natural messaging, and operating system extensions that enable pen input. CIC's products are designed to increase the ease of use, functionality, and security of wireless electronic devices ranging from handheld companions to cellular phones. Key licensees of the Company's technologies include Ericsson, Fujitsu, Hitachi, Mitsubishi, National Semiconductor and Symbian. CIC is headquartered in Redwood Shores, California and has a joint venture, CICC, in Nanjing, China. For more information, please visit our website at www.cic.com.
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 the products; (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 |
