CIC and Cloakware Partner to Deliver a Secure Signature Authentication Solution for Mobile Devices.Business Editors/High-Tech Writers REDWOOD SHORES, Calif.--(BUSINESS WIRE)--June 9, 2000 Communication Intelligence Corporation ("CIC CIC circulating immune complexes. CIC Circulating immune complexes. See Immune complexes. "),(Nasdaq:CICI CICI Cochlear Implant Club International ) the leading supplier of natural input and electronic signature solutions, today announced that it has agreed to a joint development and licensing agreement with Cloakware Corporation to integrate Cloakware's tamper-resistant software with CIC's electronic signature solutions. The development effort is expected to result in a secure application for mobile devices that will facilitate e-business and financial transactions. F.B. Fallah, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. for Cloakware, stated, "We chose to work with CIC because they have one of the most robust dynamic signature verification biometrics on the market today. By combining the Cloakware technology with CIC's solution, we will be able to provide an innovative and simple yet secure solution to mobile device security." Guido DiGregorio, president and CEO for CIC commented, "Biometric authentication See biometrics. using our signature verification is quick, non-invasive and unique to each given user. As financial and e-commerce transactions via wireless devices increases so does the ability for people to try to access sensitive information stored on these devices. This partnership will provide a secure method to protect e-wallet information or other key containers." Cloakware Technology is a patent-pending tamper-resistant software technology that performs deep structural changes in the data flow, program control structures and large data structures, such as arrays. Cloakware protects executable programs See executable code. , unlike cryptography, which protects data and files. A software program is fed through the Cloakware encoder, resulting in a "cloaked" file that can be run or executed just like an uncloaked file. Unlike alpha-numeric passwords, which can be guessed or forgotten, signature verification provides a natural way to authenticate (1) To verify (guarantee) the identity of a person or company. To ensure that the individual or organization is really who it says it is. See authentication and digital certificate. (2) To verify (guarantee) that data has not been altered. an individual. The Company has introduced three products, Inktools(TM), iSign(TM) and Sign-it(R) to enable enterprise applications to employ this technology for approval of electronic forms, e-commerce or on-line transactions. Additional information about the application being developed by CIC and Cloakware will be announced at a later date. 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 Handwriting recognition is the ability of a computer to receive intelligible handwritten input. The image of the written text may be sensed "off line" from a piece of paper by optical scanning (optical character recognition). systems, dynamic signature verification, natural messaging, and operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. 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 Redwood Shores is an upscale and desirable [1] waterfront neighborhood on the San Francisco Peninsula in California. It is located on the eastern edge of Belmont, but is actually part of incorporated Redwood City. and has a joint venture, CICC CICC Custom Integrated Circuits Conference CICC Center for the Improvement of Child Caring (Studio City, CA) CICC China International Capital Corp. , in Nanjing, China. For more information, please visit our website at www.cic.com. About Cloakware Cloakware (www.cloakware.com) has developed a radical new approach to software protection. A quantum leap quantum leap n. An abrupt change or step, especially in method, information, or knowledge: "War was going to take a quantum leap; it would never be the same" Garry Wills. forward from current techniques, the technology makes programs effectively tamper-resistant. Cloakware's added security layer enables new architectures for client software applications and wireless devices. The Company is privately held, with offices in Kanata and Toronto, Canada. 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 An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called 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; (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 to Editors: CIC, its logo and Sign-it are registered trademarks and Inktools and iSign are trademarks of Communication Intelligence Corporation. All other trademarks are properties of their respective owners. |
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