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MITEK SYSTEMS, INC.
                                                     PRESS RELEASE
                                                     FOR IMMEDIATE DISTRIBUTION
MEDIA & INVESTOR RELATIONS CONTACT:
Shauli Chaudhuri
Mitek Systems, Inc.
858-513-4600
shauli@miteksys.com




          MITEK SYSTEMS APPOINTS WILLIAM P. TUDOR TO BOARD OF DIRECTORS


      POWAY,  Calif.  Sept 21, 2004 - Mitek  Systems,  Inc.  (OTC BB:  MITK),  a
leading developer of image-based fraud protection and recognition  technologies,
today  announced the  appointment of William P. Tudor to the Company's  Board of
Directors.

      Tudor  replaces John Rebelo,  who is retiring from the board due to health
reasons.  Mr.  Tudor has  assumed  the  position  of  director  effective  as of
September  15, 2004. He will also serve on the Board's  Compensation  Committee.
With  more  than 40  years  of  experience  in  computer  programming  and  data
processing,  as well as  significant  knowledge  in systems  analysis,  Tudor is
considered an expert within the systems and process reforms discipline.

      "Bill's  entrepreneurial  spirit and innovative  approach coupled with his
strong leadership abilities make him a valuable addition to Mitek's board," said
John M. Thornton,  chairman and CFO of Mitek. "We look for several attributes in
board  appointees,  not the least of which are  industry  experience,  visionary
direction  and  a  passion  for  ethical  and  fiduciary  responsibility.  In an
increasingly  aggressive  marketplace,  we  understand  the  needs of  financial
institutions,  and we are  committed to providing an advanced  fraud  protection
solution that will not only enable banks to further  leverage Check 21, but will
also provide the  necessary  protection  and security for the  institutions  and
their  customers.  As chairman and CFO of Mitek,  I am honored to have Bill join
our organization."

      Currently,  Tudor is a vice president of Scantron  Corporation,  a leading
provider of software  services and systems for the  collection,  management  and
interpretation  of data to the  educational,  financial and commercial  markets.
Prior to this  position,  Tudor  founded  EdVISION,  a  provider  of  curriculum
development  and  assessment  tools for the  education  industry.  EdVISION  was
created in response to the needs of parents and school  systems for a systematic
approach to assess students' performance at each grade level.

                                      - MORE -


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Mitek Systems Appoints William P. Tudor to Board of Directors
September 21, 2004
Page 2 of 2

      "Mitek's  gifted  staff  of  engineers  and  scientists,  and a  dedicated
management team, make this company unique from other software solution providers
for financial  institutions,"  Tudor said.  "Its  sophisticated  technology  and
superior product line as well as the strategic vision put forth by the executive
team provide a strong  platform to build on for the Company's long term success.
I am  pleased  to have  the  opportunity  to put my  personal  and  professional
experience  to work at the board  level of Mitek and am  excited to be a part of
the Company's future."

      Tudor is a  sought-after  public  speaker.  In  addition  to his duties at
Scantron  Corporation,  he publishes  an  electronic  newsletter  for parents at
www.parenttutor.com. Tudor and his family currently reside in Stuart, Florida.

ABOUT MITEK SYSTEMS

         Mitek Systems is a premier provider of check fraud protection solutions
for the banking industry and an established global supplier of embedded software
recognition engines. Mitek develops recognition technology using advanced neural
networking techniques and deploys this expertise in fraud prevention, financial
document and forms processing applications. These applications automatically
process more than 8 billion documents per year for a variety of OEMs, reseller
partners and end users.

      For more  information  about Mitek  Systems,  contact the company at 14145
Danielson  Street,   Suite  B,  Poway,  Calif.  92064;   858.513.4600  or  visit
www.miteksystems.com.


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 development and pace of sales of the Company's products,  expected trends
and growth in the Company's  results of operations,  projections  concerning the
Company's available cash flow and liquidity,  anticipated penetration in new and
existing  markets  for the  Company's  products  and the  size of such  markets,
anticipated  acceptance of the Company's products by existing and new customers,
the ability of the Company to achieve or sustain any growth in sales and revenue
and the increase in sales  representatives  and other  personnel.  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 trademarks or registered trademarks of Mitek Systems, Inc.
All other product or company names may be trademarks or registered trademarks of
their respective holders.

                                      ###

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