REDWOOD SHORES, Calif., Oct. 26 /PRNewswire/ -- Communication Intelligence Corporation ("CIC") (OTC Bulletin Board: CICI), the leading supplier of electronic signature solutions for business process automation in the financial industry and the recognized leader in biometric signature verification announced today that it will exhibit its full suite of products at the upcoming NAILBA 29 conference to be held in Dallas, Texas, November 18-20, 2010 at Exhibition Booth #623.
"The key challenge facing insurers today is achieving cost effective sales growth in the face of a constricted economy. Leveraging CIC's electronic signature has emerged as the key enabler in achieving that objective," stated Guido DiGregorio, CIC's President. "According to a recent Gartner study an estimated 75 to 100 life and P&C insurers are currently pursuing eSignature based deployments. In addition, Gartner recommends that insurers focus on eSignature vendors who possess core infrastructure and workflow knowledge.
"We are pleased with the increasing recognition by insurers that eSignature technology provides the solutions to the challenges they face and that analysts are acknowledging and recommending the key factors that differentiate CIC from its competitors. These factors include successful large scale deployments with 6 of the top 10 insurers, both on premise and hosted solutions, together with a complete suite of enterprise class products from SKUs, APIs and SOA architectures that complements our core competence to optimize any insurer's solution."
CIC invites all NAILBA attendees to visit us at Exhibition Booth #623 to discuss how our electronic signature software solution can increase revenue while significantly reducing costs, and ensuring regulatory compliance.
- Learn how to accommodate any signature type in your application process.
- Consistently deliver improved customer service.
- Improve cross-sell opportunities.
- Eliminate costly and time consuming not-in-good order (NIGO) processing.
- Learn how to improve risk compliance and operational efficiencies.
- Drive increased revenue and profitability.
For more information about NAILBA please visit: http://www.nailba.org/nailba29
Communication Intelligence Corporation's (CIC) products enable companies to achieve truly paperless work flow in their eBusiness processes by providing multiple signature technologies across virtually all applications in SaaS (Software as a Service) and fully deployed on-premise delivery models. CIC based solutions afford Straight through Processing (STP) which delivers increased revenue generation by enhancing the customer experience and significant expense reduction through paperless and virtually error free electronic transactions.
Industry leaders such as AGLA, Allstate, American Family, Charles Schwab, JP Morgan Chase, Nationwide (UK), Prudential, Snap-on Credit, Travelers, Wachovia, Wells Fargo and WFG (World Financial Group) chose CIC's products to meet their needs. CIC has deployments with over 400 channel partners and enterprises worldwide representing millions of end users, with over 500 million electronic signatures captured, eliminating the need for over a billion paper documents. 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.
The National Association of Independent Life Brokerage Agencies (NAILBA) is a nonprofit trade association with over 350 member agencies in the U.S. and Canada, representing 100,000 producers who deliver more than one billion dollars in first year life insurance premiums annually. Since 1981, NAILBA has represented independent wholesale life brokerage agencies, leading the way in protecting your interests.
Forward Looking Statement
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 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. These forward-looking statements speak only as of the date hereof and the Company disclaims any intent or obligation to update these forward-looking statements.
CIC and The Power to Sign on Line are registered trademarks of Communications Intelligence Corporation. All other trademarks and registered trademarks are the property of their respective holders.
Investor Relations & Media Inquiries:
SOURCE Communication Intelligence Corporation