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Mitek Bolsters Sales Organization With New Vice President of Sales and Senior Director of Professional Services

SAN DIEGO and WASHINGTON, Oct. 10, 2012 (GLOBE NEWSWIRE) -- Mitek Systems (Nasdaq:MITK) (www.miteksystems.com), a leading mobile imaging software solutions provider, today announced at the BAI Retail Delivery Conference the appointment of Keith Gray as vice president of sales and Thomas Dockman as senior director of professional services. The seasoned mobile banking executives will report directly to Michael Diamond, senior vice president of sales and business development, to drive sales efforts for the Company's mobile imaging software and expand professional services offerings.

"We've seen tremendous adoption of our Mobile Deposit® product across financial services organizations of all sizes, and it's clear that our customers want Mitek to help them build on their innovative mobile strategies," said Michael Diamond, senior vice president, sales and business development, Mitek Systems. "Keith and Tom, with their depth of mobile banking sales and professional services experience, will help us achieve our goal of providing best practice support from the very beginning of the sales process through successful implementation and beyond."

With more than 15 years of experience providing technology solutions to financial services companies, Keith Gray brings a strong track record to his new role as vice president of sales. Gray joins Mitek from Yodlee, where he was vice president of sales, responsible for new account acquisition and customer relationship management. Previously, Gray was regional vice president at ClairMail, a provider of mobile banking services for financial institutions that was acquired by Monetize. Gray also held executive management roles at S1 Corporation and other companies in the online banking market.

Tom Dockman joins Mitek as senior director of professional services and will lead the effort to develop and execute the Company's professional services offerings. With over 20 years of experience both in start-up and mature organizations, Dockman is a veteran with a track record of successfully delivering innovative solutions to financial services organizations. Previously, Dockman held management positions at several companies including Ally Bank, Obopay Corporation and Intuit. Dockman has a wealth of experience that ranges from product management and strategy to developing and executing delivery strategies for professional services organizations.

About Mitek Systems

Headquartered in San Diego, Calif., Mitek Systems (MITK) is a mobile imaging software solutions provider that allows users to remotely deposit checks, pay bills, get insurance quotes, and transfer credit card balances by snapping a picture with their smartphone or tablet cameras instead of using the device keyboard. Mitek's technology increases convenience for the consumer by eliminating the need to have to go to the bank branch or automated teller machine, and dramatically reduces processing and customer acquisition costs while increasing customer retention. With a strong patent portfolio, Mitek is positioned as the leading innovator in mobile imaging software and currently provides its solutions to Fortune 500 financial services companies. For more information about Mitek Systems, please visit www.miteksystems.com.

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CONTACT: Investor Relations: Julie Cunningham Vice President, Investor Relations and Corp Comm ir@miteksystems.com Media Relations: Sarah Schulz Mix Public Relations pr@mix-pr.comSource:Mitek Systems