VERIFONE AND CIC SIGN RESELLER LICENSING AGREEMENT

Industry Leaders Partner to Bring Biometrics to the Retail Market

Redwood Shores, CA, and Santa Clara, CA, February 17, 2004 - (OTC BB: CICI) Communication Intelligence Corporation (“CIC”), the leader in biometric signature verification and a leading supplier of electronic signature solutions and VeriFone, Inc., the world’s leading provider of payment solutions, announced today a reseller and marketing agreement to provide CIC’s products to VeriFone’s customers and jointly promote their product offerings.

Under the terms of the agreement, CIC will provide VeriFone with its full range of biometric and electronic signature solutions targeted at the retail industry. VeriFone will promote CIC’s signature products to VeriFone’s customers and Value-added Resellers, enabling them to offer software solutions to address the various electronic document and transaction process needs of today’s mass merchants. CIC will also be able to leverage VeriFone’s Omni 7000 series customer activated terminals in its financial and other vertical market applications.

“The relationship with VeriFone dramatically extends our reach into the retail space and represents another milestone in CIC’s initiative to open new markets with industry leading partners,” stated Robert Williams, CIC’s Vice President of Retail Sales. “We look forward to working with VeriFone to strengthen its leading-edge product portfolio with technology that will enable them to extend the value proposition of their payment solutions into the retail back-office and other applications.”

The joint product offerings represent an ideal solution for any application requiring an electronic signature or biometric authentication in the retail environment. Specific application examples include:

  • Membership and Loyalty Account Access
  • Private Label Card and Check Cashing Authentication
  • Rental Agreement and Work Order Confirmation
  • Secure Employee Sign-in
  • HR and Cash Management Form Automation.

“With the growing demand for more innovative and secure technology in the retail point-of-sale market, CIC was the natural choice for us to enhance our Omni 7000 series product offerings. Our customers are leaders in their industries and we need to insure that VeriFone continues to provide them the latest technological advancements to meet their needs,” stated Jesse Adams, VeriFone’s Executive Vice President for North America. “This partnership enables us to provide a diverse set of functionality through our existing signature enabled hardware and CIC’s software that allows our customers to easily migrate to a truly paperless environment and realize the immediate cost savings which that provides.”

About CIC
Communication Intelligence Corporation (“CIC”) is the leading supplier of biometric signature verification and natural input software and a leading supplier of electronic signature solutions focused on emerging, high potential applications including paperless workflow, handheld computers, smartphones and eCommerce, enabling the world with “The Power to Sign Online®”. CIC’s products are designed to increase the ease of use, functionality, and security of electronic devices and eBusiness processes. CIC sells directly to OEMs and Enterprises and has products available through major retail outlets such as, CompUSA, Staples, OfficeMax, and key integration/channel partners or direct via our website. Industry leaders such as Charles Schwab, Fujitsu, Handspring, IBM, Oracle, PalmSource, Prudential, Siebel Systems, Sony Ericsson, Symbol and TVA have licensed the company’s technology. CIC is headquartered in Redwood Shores, California and has a joint venture, CICC, in Nanjing, China. For more information, please visit our website at http://www.cic.com

About VeriFone, Inc.
VeriFone, Inc., (http://www.verifone.com) recognized worldwide as the trusted leader in secure electronic payment technologies, provides expertise, solutions and services for today with a smart migration strategy for tomorrow. VeriFone is leading the industry in the delivery of solutions that add value to the point of sale, resulting in improved merchant retention and the generation of new sources of revenue for its partners and customers. VeriFone solutions are specifically designed to meet the needs of vertical markets including financial, retail, petroleum, government and healthcare. VeriFone has shipped over eleven million electronic-payment systems.


CIC, its logo and the Power to Sign Online are registered trademarks. All other trademarks and registered trademarks are the property of their respective holders.

Forward Looking Statement
Certain statements contained in this press release, including without limitation, statements containing the words “believes”, “anticipates”, “hopes”, “intends”, “expects”, and other words of similar import, constitute “forward looking” statements within the meaning of the Private Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual events to differ materially from expectations. Such factors include the following (1) technological, engineering, quality control or other circumstances which could delay the sale or shipment of the products; (2) economic, business, market and competitive conditions in the software industry and technological innovations which could affect the Company's business; (3) the Company's inability to protect its trade secrets or other proprietary rights, operate without infringing upon the proprietary rights of others or prevent others from infringing on the proprietary rights of the Company; and (4) general economic and business conditions and the availability of sufficient financing.

Contact Information  

CIC
Investor Relations Inquiries:
Chantal Eshghipour
Phone: 650-802-7740
E-mail: investorrelations@cic.com

VeriFone, Inc.

Jim Nickerson
770-754-3667
jim_nickerson@verifone.com
Pioneer and leading supplier of large scale electronic signature deployments to leading financial institutions and the financial industry.
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