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Harland's Validify(TM) Solution Detects Up to 85% of Simulated Forged Checks in Financial Institution Pilot Test Sites POWAY, Calif., Nov. 9 /PRNewswire-FirstCall/ -- Mitek Systems, Inc. (OTC:MITK) (BULLETIN BOARD: MITK) (http://www.miteksystems.com/), a leading provider of image analytics and intelligent character recognition software, today announced that its software enables John H. Harland Company's newly released Validify(TM) solution to combat identity theft and check fraud. Harland is unveiling the solution at the upcoming BAI Retail Delivery Conference & Expo, November 15-18, 2005 in Orlando, Fla., at booth #1545. (Logo: http://www.newscom.com/cgi-bin/prnh/20041117/LAW022LOGO) Mitek's innovative image processing software provides the capability to encode, encrypt, decode and validate signatures with the objective of detecting forgeries at any point a check is presented for payment. The solution is unique in its ability to catch forgeries without relying on information stored in a database and was created based on specifications jointly developed with Harland. Several financial institutions, including a national bank and community banks, participated in a pilot of the technology led by Harland. Results indicate Validify successfully detected up to 85% of simulated forgeries. "Mitek has been a strategic partner of Harland's for two years, working very closely with us on this project. Their innovation in the field of image analytics and consistent execution has been pivotal to bringing Validify to market," said Kevin Lee, president of Harland Services and Payment Solutions. Harland will deliver the solution to financial institutions, for which Mitek will receive recurring royalties based on Harland's sale of Validify printed checks. In addition, Mitek retains the exclusive rights to license the validation software to vendors of ATM machines, Point of Sale systems, kiosks, scanners, and other Check 21 compliant devices used to process check payments. "We are very pleased to have Harland as our key Financial Industry partner for this exciting opportunity. We believe that detecting signature forgeries at any point of presentment is valuable to a number of industries such as Retail, Healthcare, and homeland security. We will continue to innovate and plan to pursue these markets with our technology," said Mr. James DeBello, president & chief executive officer of Mitek. Mitek has 11 patents filed or in process to protect its intellectual property in the areas of signature area pre-processing including stamp removal, signature analysis, encoding, compression, and validation. Mitek will be demonstrating the capabilities of signature encoding and validation along with its intelligent character recognition and check fraud detection software and solutions at the upcoming BAI Retail Delivery Conference & Expo, November 15-18, 2005 in Orlando, Fla., in booth #578. About Mitek Systems Mitek Systems (OTC:MITK) (BULLETIN BOARD: MITK) (http://www.miteksystems.com/) is a global leader in Image Analytics used by financial institutions to detect fraud and improve customer service. The Company also develops and markets the most comprehensive suite of intelligent character recognition software used to test, clean, read and authenticate imaged documents. Sold to partners and directly to end users, the Company's software is used in the processing of over 8 billion transactions per year. For more information about Mitek Systems, contact the company at 14145 Danielson Street, Suite B, Poway, CA 92064; 858-513-4600 or visit http://www.miteksystems.com/. About Harland Atlanta-based John H. Harland Company (NYSE:JH) (http://www.harland.net/) is a leading provider of software and printed products to the financial and educational markets. Harland Financial Solutions, Inc. (http://www.harlandfinancialsolutions.com/), a wholly owned subsidiary, supplies software and services, including customer relationship management, deposit and loan origination, core systems and mortgage services to thousands of financial institutions of all sizes. Harland Printed Products' offerings include checks, direct marketing and financial forms. Scantron Corporation (http://www.scantron.com/), a wholly owned subsidiary, is a leading provider of both paper and electronic-based services and systems for the collection, management and interpretation of data to the financial, commercial and educational markets. Forward-Looking Statement Disclosure With the exception of historical matters, the matters discussed in this news release are forward-looking statements that involve risks and uncertainty. Forward-looking statements include, but are not limited to, statements relating to the Company's products, future development, and software use by RDM. The Company's actual results could differ from such forward-looking statements. There can be no assurance that the Company will achieve the results set forth herein. Mitek and Mitek Systems are registered trademarks of Mitek Systems, Inc. Media Contact: Murali Narayanan Vice President Mitek Systems, Inc. 14145 Danielson St, Suite B Poway, CA 92064 (630) 362-0641 http://www.newscom.com/cgi-bin/prnh/20041117/LAW022LOGO http://photoarchive.ap.org/ DATASOURCE: Mitek Systems, Inc. CONTACT: Murali Narayanan, Vice President of Mitek Systems, Inc., +1-630-362-0641, Web site: http://www.harlandfinancialsolutions.com/ Web site: http://www.scantron.com/ Web site: http://www.harland.net/ Web site: http://www.miteksystems.com/

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