Mitek Systems, Inc. (MITK)

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SAN DIEGO, June 14, 2016 (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. Patents No. 9,292,737 and 9,324,073 by the U.S. Patent and Trademark Office. Mitek now has 26 patents issued and 17 patents pending. These latest patents cover Mitek's technology for automatically identifying different types of remittance and invoice documents facilitating the extraction of data from an image captured with a mobile device. This innovation, which is integral to Commercial Mobile Deposit Capture(R) , enables employees to capture invoices and checks at point of presentment, making processing a payment accepted from a customer in the field easier. These patents illustrate Mitek's technological advantages over conventional systems which require foreknowledge of document layouts and labor-intensive setup processes in order to extract data from these documents.