Mitek Systems Inc.

Mitek Systems is the leading innovator of software that captures/reads data from mobile devices using proprietary technology called Mobile Capture. Mitek's Mobile Capture technology converts a camera-equipped cell phone into a mobile scanner that has the ability to read & extract data from any digital photo and video image. Mitek has invented proprietary technology for image optimization and data extraction from photos taken by these cameras and transmitted over advanced wireless networks. Mitek created Mobile Capture by utilizing its proprietary pattern recognition software that identifies and reads typed or hand written characters and numbers on documents, forms and checks.

Mitek utilized Mobile Capture technology to launch ImageNet Mobile Deposit(tm), the first mobile banking software application that allows banks to accept paper check deposits and bill payments via camera-equipped mobile phones. With Mobile Deposit, Mitek extends convenient mobile payments and deposit capabilities to millions of consumers who use camera-equipped mobile phones.

Mitek has also designed its core technology to read and extract data from digital photos and video images from additional sources including images taken from security and Web cameras or images or video directly uploaded from the Web. This allows companies and government agencies the ability to read captured objects embedded in video stills or images such as license plates, shipping containers, street signs or billboards.

A pioneer in advanced image recognition technology since 1985, Mitek Systems' software is used by 3 of the top 5 financial institutions in the United States and is used to help process nearly 30% of the nearly 30 billion checks written annually. Its software is also used by life science companies to verify physician signatures and by government agencies to record and verify voter signatures on absentee ballots.

Specialties

Mobile Applications, Mobile Remote Deposit Capture, Image Analytics, Mobile Imaging