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Mitek Names Industry Luminaries To Its Board Of Directors And Advisory Board

SAN DIEGO, Oct. 9, 2012 (GLOBE NEWSWIRE) -- Mitek Systems, Inc., (Nasdaq:MITK) ( www.miteksystems.com ), a leading mobile imaging software solutions provider, today announced that its board of directors has elected Bruce Hansen as independent director, effective immediately. Mr. Hansen replaces William P. Tudor, who is rotating off the Board after eight years due to health reasons.  Mr. Tudor will continue to serve on the Company's advisory board.

Bruce Hansen, who has served on Mitek's advisory board, brings decades of "big data" analytics industry experience as the co-founder and former chairman and CEO of ID Analytics, a consumer risk management company that was acquired by identity theft protection leader, LifeLock earlier this year.  During his tenure, Mr. Hansen built ID Analytics from concept-stage into a high-growth, profitable firm serving over 280 enterprise clients, including the nation's leading banks and mobile network telcos, and five million consumers.  Previously, Mr. Hansen was president of HNC Software and CEO of the Center for Adaptive Systems Applications.  Bruce Hansen holds a BA in economics from Harvard University and an MBA from the University of Chicago.

In addition, Mitek welcomed Jane J. Thompson and Jim Hale to its advisory board.  Jane Thompson is a recognized thought leader in financial services, serving banks and non-banks through her firm, Jane J. Thompson Financial Services, LLC.  As founder and former president of Walmart Financial Services for nearly a decade, Ms. Thompson is recognized as an innovator in financial services, achieving significant profit growth based on her consumer insights and operating leadership skills.  She brings over two decades of consumer-level strategy and marketing expertise to Mitek, including executive roles at Sears, Roebuck & Co., partnership at McKinsey & Company, and brand management at Procter & Gamble. Jane serves on the board of The Fresh Market (Nasdaq:TFM) and was formerly on the board of ConAgra.  Jane Thompson received her BBA from the University of Cincinnati and an MBA from Harvard Business School.

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