Press Release

Jun 06,2017

Mitek Awarded 30th Patent For Mobile Capture Innovation

SAN DIEGO and LONDON, June 06, 2017 (GLOBE NEWSWIRE) -- Mitek (NASDAQ:MITK) (www.miteksystems.com), a global leader in mobile capture and identity verification software solutions, today announced that it has been issued U.S. Patent No. 14,217,361 "Methods For Mobile Image Capture Of Vehicle Identification Numbers (VIN) In A Non-Document" by the U.S. Patent and Trademark Office. Mitek now has 30 patents issued. 

"Mitek is a recognized technology innovator and industry leader in mobile capture," said James DeBello, Chairman and CEO, Mitek. "The award of this new patent demonstrates our ongoing innovation and further strengthens one of the leading patent portfolios in the industry."

"This latest patent covers the ability to scan a VIN directly from a vehicle with the camera on a mobile device and has the potential to replace the stand alone VIN scanners that many in the government, logistics and manufacturing industries currently use to track and monitor their fleets," said Stephen Ritter, Chief Technology Officer, Mitek. "As proven in financial services, Mitek's technology saves organizations time and money with reduced hardware costs and increased efficiency."

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 5,600 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 or  www.miteksystems.co.uk. (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 Byers

MKR Group, Inc.

mitk@mkr-group.com

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Source: Mitek Systems, Inc.

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