Seasoned Mobile Payments Executive Joins Mobile Imaging
     Technology Leader to Drive Sales and Business Development
                              Efforts

SAN DIEGO, June 18, 2012 (GLOBE NEWSWIRE) -- Mitek Systems, Inc.,
(Nasdaq:MITK), a leading mobile imaging software solutions provider,
today announced that Michael Diamond has joined the company as senior
vice president of sales and business development, effective June 18,
2012. In his new role, Diamond will be responsible for driving sales
and spearheading business development efforts for the Company's mobile
imaging software solutions.

"Mike brings extensive mobile payments experience and proven business
development success to his new role at Mitek," said Mitek Systems
President and Chief Executive Office, James DeBello. "We believe that
his experience and leadership will take Mitek into an exciting new era
of growth and innovation."

"As the leader in mobile imaging technology, there is tremendous
opportunity for Mitek to grow and expand its reach into new areas of
the financial services market, including mobile payments, mobile
wallets, insurance and more," said Michael Diamond, senior vice
president, sales and business development, Mitek Systems. "I look
forward to helping take Mitek to the next phase of growth."

Prior to joining Mitek Systems, Diamond was senior vice president,
business development, of Obopay Corporation, a global mobile payments
company with live service in the United States, India, and multiple
countries in Africa. In addition to leading Obopay's business
development teams, Diamond was directly involved in negotiating
partnerships with some of the top brands in the payments industry.

Diamond has also served in senior business development roles at a
number of global companies including IBM Corporation where he led a
worldwide team of business development managers within IBM Software
Group. Prior to IBM, as senior vice president and general manager of S1
Corporation, Diamond was responsible for worldwide strategic
partnerships and new market entry.

About Mitek Systems

Headquartered in San Diego, Calif., Mitek Systems (Nasdaq:MITK) is a
mobile imaging software solutions provider that allows users to
remotely deposit checks, pay bills, get insurance quotes, and transfer
credit card balances by snapping a picture with their camera-equipped
smartphones and tablets instead of using the device keyboard. Mitek's
technology increases convenience for the consumer by eliminating the
need to go to the bank branch or automated teller machine, and
dramatically reduces processing and customer acquisition costs while
increasing customer retention. With a strong patent portfolio, Mitek is
positioned as the leading innovator in mobile imaging software and
currently provides its solutions to Fortune 500 financial services
companies. For more information about Mitek Systems, please visit
www.miteksystems.com.


CONTACT: Investor Relations:
         Julie Cunningham
         858.309.1780
         ir@miteksystems.com
         
         Media Relations:
         Sarah Schulz
         miteksystems@mix-pr.com