Mitek Systems President and CEO James DeBello to Speak at Barclays Capital 2011 Emerging Payments Forum

SAN DIEGO, March 24, 2011 - Mitek Systems, Inc. (OTC Bulletin Board: MITK,, the leader in mobile-imaging applications using smart phone cameras for check deposits and bill payments, said today that President and CEO James B. DeBello will speak at the Barclays Capital 2011 Emerging Payments Forum next Tuesday, March 29, in New York.

DeBello will be a featured panelist during a 90-minute luncheon presentation entitled "Next Generation Payments Technology."

Mitek's Mobile Deposit® is the leading mobile Remote Deposit Capture (RDC) application that allows users to deposit checks anywhere, anytime, simply by snapping photos of their paper checks with their camera-equipped smartphones. The app offered by banks, credit unions and payment facilitators like PayPal eliminates consumers' trips to bank branches or ATMs to deposit checks.

Another Mitek innovation for mobile payments is Mobile Photo Bill Pay(TM), an application that also takes advantage of smartphone cameras and the company's patented image-analysis and data-extraction processes to enable customers to pay bills via their banking accounts.

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 has created the Gold Standard for Mobile Check Deposit and is currently used by 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


Bud Leedom

Finance Director

858.503.7810 x309

SOURCE Mitek Systems, Inc.

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