Press Release

May 02,2011

Mitek Systems Announces Conference Call and Webcast of Second-Quarter 2011 Financial Results

Mitek Systems Announces Conference Call and Webcast of Second-Quarter 2011 Financial Results SAN DIEGOMay 2, 2011 /PRNewswire/ -- Mitek Systems, Inc. (OTC: MITK.OB; www.miteksystems.com), the leader in mobile-imaging applications using smart phone cameras for check deposits, bill payments and ACH enrollments, will report its second-quarter 2011 financial results before the open of financial markets on Monday, May 9.  Mitek's fiscal year begins Oct. 1 and concludes Sept. 30.

Mitek President and CEO James B. DeBello will discuss the earnings results in a conference call for shareholders, financial analysts and other interested parties at 6 a.m. PDT / 9 a.m. EDT on May 9.  

Callers should dial as follows several minutes in advance of the scheduled start time:  

Domestic

1- 800-299-7098

 

International

1- 617-801-9715

 

Passcode

26838214

The link to participate online via webcast is http://phx.corporate-ir.net/playerlink.zhtml?c=85785&s=wm&e=3992195

The company's patented flagship product, Mobile Deposit®, which allows users to deposit checks anytime, anywhere simply by snapping photos of checks with their camera-equipped smartphones, is now being deployed by dozens of banks – including five of the top 10 retail banks in the United States – credit unions, brokerages and cash-management organizations, such as PayPal. The company's recently launched Mobile Photo Bill Pay™ allows a consumer to pay any bill by photographing it with a smartphone camera.

About Mitek Systems

For more than 20 years, Mitek Systems (OTC: MITK.OB) has provided financial institutions with advanced imaging and analytics software to authenticate and extract data from imaged checks and other financial documents.  Mitek's patented technology is currently used by all leading financial organizations in the United States to process more than 10 billion items per year.

Today, Mitek is applying its patented technology and extensive expertise in image correction, optical character recognition and intelligent data extraction to mobile devices.  Using Mitek Mobile Apps, smartphone users can now deposit checks, pay bills, save receipts and fax documents while on the road or sitting at a desk -- eliminating trips to the bank, Post Office and file cabinet.  Simply take a picture of the document and Mitek does the rest -- correcting image distortion, extracting relevant data, routing images to their desired location, and processing transactions through users' financial institutions.  

For more information about Mitek Systems, contact the company at 858-503-7810 or visit www.miteksystems.com.

Contact:

 

Bud Leedom, Finance Director

 

bleedom@miteksystems.com

 

858.503.7810, x-309