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Enter Symbol:
Rating: MITK
Outperform

Mitek Systems, Inc. (NASDAQ: MITK) rated to Outperform by Northland Capital

Monday,  Jan 25, 2016  8:25 AM ET by Lynn Gilbert

Northland Capital rated
Mitek Systems, Inc. (NASDAQ: MITK) to Outperform.

Mitek Systems, Inc. (Mitek) is engaged in the development and sale of software solutions. The Company?s business develops and markets intelligent character recognition and document capture products and services deployed in the financial services markets. The Company?s technology is used to process checks by banks and is used in other markets for specialized applications. Branded Oomph for Office on My Phone, the Company?s new mobile applications use its proprietary technology to capture and read data from photos of documents taken using camera-equipped smartphones. The Company has developed and deployed a software application that allows users to remotely deposit a check using their smartphone camera. In addition, the Company has developed and deployed a receipt archival application and a mobile document faxing application using its proprietary technology. The Company?s product family consists of mobile applications and software development toolkits (SDKs).

Northland Capital



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