Videogame Market Prepares for Next Generation -- Console Capabilities and Creative Technologies Open Door for Unsurpassed Gaming Experiences
Tuesday November 22, 7:15 am ET
SALT LAKE CITY--(BUSINESS WIRE)--Nov. 22, 2005--Today's biggest entertainment news hits retail outlets in the form of Microsoft's hotly anticipated Xbox 360(TM) videogame console. Marking a revolution in gaming consoles, Xbox 360(TM) offers increased power and performance, high-definition images, digital media, networking features and voice recognition interfaces to game developers and players alike.
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Fonix Speech, an operating group of Fonix® Corporation (OTCBB:FNIX - News), an integrated communications carrier providing telecommunications services and value-added speech technologies, selected by Microsoft to deliver voice command technology for the Xbox 360(TM) videogame and entertainment system.
" The global videogame market is expected to exceed $12 billion in the upcoming year," said Tim K. Hong, VP of Games, Fonix Corp. " With our continued collaboration with Microsoft, Fonix is uniquely positioned to keep providing Xbox developers and gamers with cutting-edge technology. Next-generation videogames are eagerly anticipated by the market, and Fonix expects increased revenue growth, market leadership and industry accolades as developers use the increased capabilities of Xbox 360(TM) to showcase the many possibilities for voice recognition in games."
Currently, there are eight Xbox games shipping with Fonix voice command technology: " Delta Force®-Black Hawk Down," published by Novalogic; " SWAT(TM): Global Strike Team," published by Vivendi Universal Games; " NASCAR® 06 Total Team Control," published by EA Sports; and select titles from Ubisoft. See http://fonixspeech.com/pages/voiceIn_game.php for more information about Fonix voice recognition in videogames.
About The Fonix Speech Group
The Fonix Speech Group, an operating division of Fonix Corporation, currently offers voice technology solutions for mobile/wireless devices; interactive videogames, toys and appliances; computer telephony systems; and the assistive market.
About Fonix
Fonix Corporation (OTCBB:FNIX - News), based in Salt Lake City, is an innovative communications and technology company that provides integrated telecommunications services and value-added speech technologies through Fonix Telecom, Inc.; LecStar Telecom, Inc.; and The Fonix Speech Group. The combination of interactive speech technology and integrated telecommunications services allows Fonix to provide customers with comprehensive cost-effective solutions to enhance and expand their communications needs. Visit www.fonix.com for more information, or call 801-553-6600 and say " Sales."
Statements released by Fonix that are not purely historical are forward looking within the meaning of the " Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company's business prospects and performance. The Company's actual results could differ materially from those in such forward-looking statements. Risk factors include general economic, competitive, governmental and technological factors as discussed in the Company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The Company does not undertake any responsibility to update the forward-looking statements contained in this release.
Xbox is a registered trademark of Microsoft Corporation in the United States and/or other countries.
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