COMMUNICATION INTELLIGENCE CORP

COMMUNICATION INTELLIGENCE CORP

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Company Overview
Communication Intelligence Corporation (CIC), with headquarters in Redwood Shores, California, is a leading supplier of electronic signature solutions within the Financial Services Industry by enabling enterprises to fully execute Business Process Automation initiatives resulting in truly paperless workflow and legally binding electronic transactions. CIC was founded in 1981 in conjunction with Stanford Research Institute (SRI), based on research conducted by SRI on proprietary pattern recognition technologies. CIC focused on further research and development of the technology, including multi-lingual handwriting recognition, digital ink compression, biometric signature verification and electronic signature technologies.
CIC’s electronic signature solutions provide the basis for significant expense reduction through document and workflow automation at a much higher level of security. Recognizing the need to address electronic signatures from and overall enterprise perspective, The CIC SignatureOne(TM) Solutions Suite of Sign-itr, SignatureOne Profile Server, and iSignr products provide a common interface and methodology for eSignature based, enterprise-wide, business process automation applications. The SignatureOne(TM) Profile Server provides server based enterprise administration and authentication of user eSignatures, and maintenance of signature transaction logs for eSigned documents. The SignatureOne architecture implements a common process and methodology that provides a uniform program interface for multiple signature methods and multiple capture devices, simplifying enterprise wide integration of business process automation tasks requiring eSignatures.
The CIC Sign-itr and Sign-itr XF products allow users to electronically sign many different types of documents using almost any eSignature method. Once signed, the document is bound cryptographically to the signature so that any tampering can be detected. Sign-it provides eSignatures for Adobe PDF and LiveCycle, Microsoft Word, and Autodesk Autocad documents. The Sign-it SDK allows enterprise IT staff and developers with API access to these more shrink-wrapped plug-ins to support their unique implementation requirements. Lastly, iSign is a versatile and powerful software developer’s kit for implementing applications using electronic ink, electronic signatures, biometric signatures and basic cryptography. This toolkit enables software developers to create legally compliant electronic signature and biometric authentication systems for a wide variety of applications.
The company’s mission is to continue leading the burgeoning growth of eSignature technology primarily within the Financial Services industry enabling secure transactions at the speed of the Internet. The company works in partnership with systems integrators (SI), independent software vendors (ISV) and original equipment manufacturers (OEM). CIC’s products and solutions are used by leading financial institutions including such companies as AIG, Charles Schwab, JP Morgan Chase, Prudential Insurance, Nationwide (UK), First American Bank and Wells Fargo. Other major customers and licensees include Dade County, EDS, FMC Corp., GE Viceroy, Missouri Lottery, Oracle, Turner Construction Co. and Tennessee Valley Authority. The company is also active in China.
Business Summary
Communication Intelligence Corporation (CIC) is a supplier of electronic signature solutions for business process automation in the financial industry, as well as in biometric signature verification. CIC’s products enable companies to achieve paperless business transactions with multiple signature technologies across virtually all applications and hardware platforms. As of December 31, 2009, the Company has delivered biometric and electronic signature solutions to over 400 channel partners and end user customers worldwide, representing well over $30 million in deployments and hundreds of millions of electronic documents and well over 500 million electronic signatures. These deployments are primarily in the financial industry and include end users, such as Allstate Insurance Company, American General Life, Charles Schwab & Co., JP Morgan Chase, Prudential Financial, Inc., Snap-On-Credit, State Farm Insurance Co., Travelers Indemnity Company, Wells Fargo Bank and World Financial Group.
Description and history
Communication Intelligence Corporation (CIC), incorporated in October 1986, is a supplier of electronic signature solutions for business process automation in the financial industry, as well as in biometric signature verification. CIC’s products enable companies to achieve paperless business transactions with multiple signature technologies across virtually all applications and hardware platforms. As of December 31, 2009, the Company has delivered biometric and electronic signature solutions to over 400 channel partners and end user customers worldwide, representing well over $30 million in deployments and hundreds of millions of electronic documents and well over 500 million electronic signatures. These deployments are primarily in the financial industry and include end users, such as Allstate Insurance Company, American General Life, Charles Schwab & Co., JP Morgan Chase, Prudential Financial, Inc., Snap-On-Credit, State Farm Insurance Co., Travelers Indemnity Company, Wells Fargo Bank and World Financial Group.

SignatureOne Profile Server

SignatureOne Profile Server is the server compliment to CIC’s Sign-it software, which enables the real-time capture of electronic and digital signatures in various application environments. All user enrollment, authentication and transaction tracking in SignatureOne are based on data from the Sign-it client software. The SignatureOne Profile Server provides server-based enterprise administration and authentication of user eSignatures and maintenance of signature transaction logs for eSigned documents. The SignatureOne architecture implements a common process and methodology that provides a uniform program interface for multiple signature methods and multiple capture devices, simplifying enterprise integration of business process automation tasks requiring eSignature.

SignatureOne Ceremony Server

The SignatureOne Ceremony Server is a Java 2 Platform, Enterprise Edition (J2EE) server product that provides the capability to define and manage an electronic signature process within a Service Oriented Architecture to be implemented in an On-Premise Deployed Model or through a software as a service (SaaS) environment. This product enables the use of Web services to facilitate end to end management of multi-party approvals of documents. This product enables the use of Web services to pass documents and/or packages of documents and related extensible markup language (XML) data to a server that facilitates end to end management of multi-party approvals of documents.

iSign

iSign is a suite of application development tools for electronic digitized signatures, biometric signature verification and cryptography for custom developed applications and Web based development. iSign is an electronic signature and handwritten signature verification software developer’s kit for custom applications or Web based processes. It captures and analyzes the image, speed, stroke sequence and acceleration of a person’s handwritten electronic signature. iSign provides handwriting security check for immediate authentication. It also stores certain forensic elements of a signature for use in determining whether a person actually electronically signed a document. The iSign kit includes software libraries for industry standard encryption and hashing to protect the sensitive nature of a user signature and the data captured in association with that signature. This software toolkit is used internally by the Company as the underlying technology in its SignatureOne and Sign-it products.

Sign-it

Sign-it is a multi-modal electronic signature software for common applications, including Microsoft Word, Adobe Acrobat, Web based applications using hypertext markup language (HTML), XML and extensible hypertext markup language (XHTML), and custom applications for .NET, C# and similar development environments for the enterprise market. Sign-it is a family of electronic signature products for recording multi-modal electronic signatures as they are being captured, as well as binding and verifying electronic signatures within standard consumer applications.

The Company competes with Silanis, SoftPro, Wondernet and DocuSign.

Founded in conjunction with Stanford Research Institute (SRI), based on research conducted by SRI on proprietary pattern recognition technologies

Business Line
Supplier of electronic signature solutions within the Financial Services Industry by enabling enterprises to fully execute Business Process Automation initiatives resulting in truly paperless workflow and legally binding electronic transactions
Subsidiary
CIC LIMITTED
Advisor
GHP HORWATH, P.C.
IPO date
3/14/2003
US SIC Code
7371
Company Address
Suite 500
275, Shoreline Drive
City province or state postal code
94065, REDWOOD SHORES, CA
Phone: +1 650 802 7888
Fax: +1 650 802 7777
Country address: UNITED STATES OF AMERICA
Website url: www.cic.com