This today...stock around 1.50...I would buy it here:
(COMTEX) B: Mitek Systems' Doctus Awarded 'Best of AIIM' by Imaging a
B: Mitek Systems' Doctus Awarded 'Best of AIIM' by Imaging and Document
Solutions Magazine At AIIM '99 Show and Conference
SAN DIEGO (April 29) BUSINESS WIRE -April 29, 1999--Mitek Systems Inc.
(Nasdaq:MITK) today announced that Doctus(TM), the company's new
universal document capture and forms processing solution, was awarded
'Best of AIIM' by Imaging and Document Solutions magazine at the 1999
AIIM Show and Conference in Atlanta.
A pre-release version of Doctus was introduced and demonstrated earlier
this month at AIIM. The company expects to release the product at the
end of the second quarter of 1999.
Utilizing what Mitek calls "Document Understanding," Doctus
automatically distinguishes among thousands of document types and
formats to allow for the high-speed capture, classification, indexing,
recognition and validation of most any document. Doctus provides users
with the capability to process documents with variable formats (i.e.,
unstructured documents) that previously resisted automation.
Simply submit a sample set of documents, tell Doctus what data to look
for and how to recognize and interpret the data. It will not only
process documents contained in the sample set, it will also process
similar forms from new sources without the need to define the form or
to change anything in the configuration.
"Doctus can easily be integrated within existing document management
systems and off-the-shelf imaging and workflow software packages," said
Bill Boersing, Vice President of North American Sales for Mitek Systems
Inc. "The system utilizes Mitek's proven, state-of-the-art recognition
technology, and is particularly well-suited for use in supporting
higher volume, complex applications that are focused on unstructured
forms processing. It is within these types of applications where the
most significant return on investment can be achieved."
Doctus is comprised of eleven individual modules, each of which can be
customized to meet an organization's unique requirements. The Form
Studio module is a Windows-based editor for forms definition, while
Scan provides scanner control and batch creation functionality. The
Grab-A-Fax module is a versatile fax communications utility, Recog
provides advanced document and text recognition, and CharInsp offers
high-speed character verification and editing capabilities.
The Doctus ValEdit Designer module is a screen layout creation tool,
while ValEdit furnishes data validation and editing. The program's
Store module provides for fast and flexible output of data, and
SysAdmin is a comprehensive system management and administration tool.
The MakeBatch module offers automatic batch creation, image cleanup,
and form identification, while Config provides system-wide
configuration options for administrators.
For more information about Doctus, contact Mitek Systems by phone at
619/635-5900, via fax at 619/635-6294, by e-mail at sales@miteksys.com,
or visit the company's Internet Web site at miteksys.com. In
addition, Doctus is profiled on page 45 of the May issue of Imaging and
Document Solutions magazine.
Mitek Systems Inc. is a worldwide leader in intelligent character
recognition technology, products and services for the document imaging
markets with headquarters at 10070 Carroll Canyon Road, San Diego,
California 92131. The company's document imaging software engine and
intelligent character recognition products and services are used in
mission-critical and high volume data entry, data capture, and forms
processing applications installed in many of the world's leading
financial institutions, manufacturing and service companies, and
government organizations.
Mitek, Mitek Systems and Doctus are trademarks or registered trademarks
of Mitek Systems Inc.
-0- lc/sd*
CONTACT: S&S Public Relations
Liza Beresford Dittoe, 317/722-3500
liza@sspr.com
or
Mitek Systems Inc.
John Thornton, 619/635-5900
jthornton@miteksys.com
Bill Boersing, 619/635-5900
bboersing@miteksys.com
KEYWORD: CALIFORNIA GEORGIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED PRODUCT TRADESHOW
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