Mitek's New Windows NT Fax Server Targets Small Offices; New Entry-Level Pricing Designed to Maximize Low-End Market Penetration.

SAN DIEGO--(BUSINESS WIRE)--July 22, 1997--Mitek Systems Inc. (NASDAQ:MITK) Tuesday announced new entry-level pricing for FaxShare v3.0, a full-featured, 32-bit Windows NT or Windows 95 fax server solution designed for creating, sending and receiving faxes on any local area network.

FaxShare v3.0 includes Mitek's award-winning ICR (Intelligent Character Recognition) software for accurate and automatic inbound routing of faxes to recipients' desktops on the network. Automatic routing of faxes can save companies significant time and expense compared with manual inbound routing systems or systems requiring additional hardware or software.

FaxShare v3.0 is available immediately, with prices starting at $495 for a five-user starter kit with support for two fax lines.

"FaxShare v3.0 is a powerful, easy to use and cost effective network fax solution for any size company, department or workgroup," noted John Kessler, president of Mitek Systems. "Our new pricing allows smaller businesses to benefit from the same technology traditionally only affordable to larger companies."

FaxShare v3.0 is the world's only fax solution that includes, at no extra charge, ICR software for accurate and automatic inbound routing of faxes to recipients' desktops.

FaxShare's intelligent router can find a fax recipient's name on a cover page, even if misspelled or hand printed, and automatically route the fax to the recipient's workstation through a variety of e-mail systems including Lotus Notes or CC: Mail, Microsoft Exchange or Mail, Novell MHS or through the native FaxShare intelligent routing module.

FaxShare v3.0 is a 32-bit network application designed to run on a Windows NT or Windows 95 server. It is an open platform solution and compatible with any size network including Novell NetWare 2.x, 3.x, IntranetWare 4.11, Microsoft LAN Manager, Windows NT v3.5 and v4.0, Windows 95, Windows for Workgroups, Banyan Vines and Artisoft's LANtastic.

Up to 24 fax lines are supported in a single server and can be used with any combination of intelligent fax boards from Brooktrout, GammaLink as well as with Class 1, Class 2 and Class 2.0 modems.

The FaxShare v3.0 server features include on-screen diagnostics, dynamic fax and line activity display, fax activity logs as well as administration and/or remote maintenance from any LAN workstation. Additional inbound routing options are supported through Direct Inward Dialing (DID) and DTMF.

FaxShare v3.0 has broad client support as well, allowing faxes to be sent and received from Windows NT, Windows 95, Windows 3.x and even DOS applications. Client features include private and company phonebooks, fax preview, user-defined cover pages, fax forwarding, individual and broadcast fax capability, scheduled and delayed fax transmissions, an extensive fax activity log, and a reference field for cost accounting.

FaxShare v3.0's automatic inbound routing system can save companies significant time and money compared with distributing paper faxes by hand, having a network administrator view and route faxes manually, having a dedicated phone line for each fax recipient (DID), or purchasing an optional OCR (Optical Character Recognition) module, which is more expensive, is less accurate and doesn't recognize hand print.

Pricing and Availability

FaxShare v3.0 is available immediately, with prices starting at $495 for a five-user starter kit, which includes the FaxShare server software, the intelligent router software, a five-user client license and support for two fax lines. Mitek offers additional client licenses based on five, 10, 50, 100 and unlimited users.

A FREE 30-day evaluation of FaxShare and other Mitek products are available via download from the company's Web site: http://www.miteksys.com .

Mitek Systems Inc. is the manufacturer of the award-winning FaxShare network fax software and NiF intelligent routing software. The integration of Mitek's ICR software with its network fax server solution has allowed Mitek to fully leverage its technology leadership position in document imaging and intelligent character recognition products to enter the high-growth fax server software marketplace.

For more information, contact Mitek Systems Inc. at 10070 Carroll Canyon Road, San Diego, Calif. 92131. Telephone: [phone] or 619/635-5900. Fax: [phone]. World Web Web: http://www.miteksys.com .

CONTACT: Mitek Systems Inc., San Diego

Noel Flynn, 619/635-5900

[e-mail] (e-mail)

or

JW Communications Inc., San Diego

Joe Waldygo, 520/292-9400

[e-mail] (e-mail)