Press Release

Jan 18,2017

Mitek's Mobile Verify™ Used by Financial Services Companies Globally to Mitigate Risk and Achieve Compliance

SAN DIEGO and LONDON, Jan. 18, 2017 (GLOBE NEWSWIRE) -- Mitek (NASDAQ:MITK) (www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced  several new Mobile Verify™ customers from Europe, North America and Asia-Pacific including Online Home Loans Australia, Alfa Accountants and Advisors, and bitcoin platform provider BTCDirect. These and other innovative lending, accounting and currency exchange companies are using Mitek's ID authentication technology to mitigate risk by quickly and easily verifying the identities of new users.

"Knowing for certain that your customers are who they say they are is the key to digital transformation for financial services organizations," said James DeBello, Chairman and CEO, Mitek. "Having that trust enables innovative financial services companies of all sizes to optimize the digital channel for safe and compliant transactions."

Mobile Verify, Mitek's ID authentication technology, is used by financial services organizations across the globe for safe onboarding, secure money movement, and fast user authentication. Digital leaders trust the identity verification provided by Mobile Verify because of its proven, customer friendly user experience and because it keeps them in compliance with ever-increasing Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

About Mitek
Mitek (NASDAQ:MITK) is a global leader in mobile capture and identity verification software solutions. Mitek's ID document verification allows an enterprise to verify a user's identity during a mobile transaction, enabling financial institutions, payments companies and other businesses operating in highly regulated markets to transact business safely while increasing revenue from the mobile channel. Mitek also reduces the friction in the mobile users' experience with advanced data prefill. These innovative mobile solutions are embedded into the apps of more than 5,400 organizations and used by tens of millions of consumers for mobile check deposit, new account opening, insurance quoting, and more. For more information, visit www.miteksystems.com. (MITK-F)

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Mitek Contact:

Ann Reichert

Senior Director of Marketing

pr@miteksystems.com



Katherine Verducci

MIX Public Relations

pr@mix-pr.com



Mitek Investor Contacts:

Todd Kehrli or Jim ByersMKR Group, Inc.mitk@mkr-group.com

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Source: Mitek Systems, Inc.

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