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EXHIBIT 99.1
FOR IMMEDIATE RELEASE
LOUIS PANETTA, SILICON VALLEY EXECUTIVE, JOINS
CIC BOARD OF DIRECTORS
REDWOOD SHORES, CA, OCTOBER 31, 2000 - (Nasdaq: CICI) Communication Intelligence
Corporation ("CIC"), the leading supplier of natural input and electronic
signature solutions, announced today that Louis Panetta, a senior high
technology executive, has joined CIC Board of Directors.
Mr. Panetta has over twenty years of experience, in CIC related markets and
technologies, in Silicon Valley including Vice President-Sales for Novell, Inc.,
(the leading supplier of LAN network software), Director-Product Marketing for
Grid Systems, (a leading manufacturer of Laptop & Pen Based Computers), and
President and CEO of Fujitsu Personal Systems, Inc. (the leading supplier of
Windows Pen Tablets). His most recent position was founder, President and
Director of PortableLife.com, Inc, a venture backed e-commerce business serving
personal and corporate users of mobile, portable and wireless computers. Mr.
Panetta currently serves on the board of directors for Luna Communications, (a
wireless systems integrator), WalkAbout Computer, (a manufacturer of ruggedized
handheld tablet computers), and PortableLife.com, Inc.
Guido DiGregorio, CIC's President and CEO stated, "I am extremely pleased to
have Louis Panetta on the board. His industry experience and know-how will
significantly enhance and strengthen our ability to achieve the company's
objectives." He further commented, "Concurrently with Mr. Panetta's appointment,
Jess Ravich, who has served as a Director since June of 1998 has resigned. Let
me take this opportunity to thank Mr. Ravich for his years of service."
ABOUT CIC
Communication Intelligence Corporation (CIC) is the leading supplier of natural
input and electronic signature solutions for wireless Internet and e-Commerce
applications. The Company's core software technologies include multilingual
handwriting recognition systems, dynamic signature verification, natural
messaging, and operating system extensions that enable pen input. CIC's products
are designed to increase the ease of use, functionality, and security of
wireless electronic devices ranging from handheld companions to cellular phones.
Ericsson, Fujitsu, Hitachi, Microsoft, Mitsubishi, National Semiconductor and
Symbian among others 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 WWW.CIC.COM.
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
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expectations. Such factors include the following (1) technological, engineering,
quality control or other circumstances which could delay the sale or shipment of
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.
CIC, its logo are registered trademarks of Communication Intelligence
Corporation. All other trademarks are properties of their respective owners.
CONTACT INFORMATION
INVESTOR RELATIONS INQUIRIES: PRESS INQUIRIES:
Chantal Eshghipour Lou Podover
650-802-7740 650-802-7708
[email protected] [email protected]
