03/22/2007 14:30:00 - PRESS RELEASE: One Voice Technologies Issues an Industry and Competitive Market Overview for Voice Recognition Sector
LA JOLLA, Calif.--(BUSINESS WIRE)--March 22, 2007--
One Voice Technologies, Inc. (OTCBB:ONEV) Chairman and CEO Dean Weber today issued the following industry and competitive market overview:
"In recent months there have been several exciting developments in the voice recognition sector, namely the acquisition of Tellme Networks (http://www.tellme.com/microsoft/index.html) by Microsoft Corporation for an estimated $800 million and the acquisition of Bevocal (http://www.bevocal.com/corporateweb/press-releases/pr_0222200701.html ) by Nuance Corporation for an estimated $140 million. Both Tellme and Bevocal are voice recognition companies in the telecommunications sectors with overlapping products and technology to One Voice. These recent acquisitions highlight an industry push for the development and deployment of voice recognition solutions in the mass consumer sector and are good news for One Voice by setting high standards for competitive market valuations in the industry.
As a pioneer of this industry One Voice is well positioned to capitalize on the growing market of voice recognition. Voice recognition is a large global sector with the ability to reach billions of phones and computers/Internet users worldwide. Tellme has domestic customers including AT&T and Bevocal has domestic customers including Cingular. One Voice has domestic and international customers including the largest telephone company in Latin America and we anticipate closing a deal with one of the largest telephone companies in Asia.
Regarding patents One Voice has a strong global portfolio including patented voice search technology. Two of our patents (6,434,524 and 6,532,444 filed October 1998 and 1999) were recently referenced by Google patent (7,027,987 filed February 2001) as prior patents in Google's only issued voice search patent. In addition, One Voice has a very broad patent pending for remote control devices using voice recognition and/or voice-over-Internet (VoIP) communications. If issued, this could change the remote control industry (TV, music and media players, etc.) for remote control devices used for voice recognition and/or VoIP phone calling.
One Voice is well positioned in the growing digital home sector with leading voice recognition solutions to voice control Microsoft Windows XP Media Center, Windows Vista and Linux based devices. The digital home sector is driven by industry giants including Microsoft, Apple, Google and Intel Corporation. Neither Tellme nor Bevocal have solutions in the PC or digital home sectors. One Voice's award winning Media Center Communicator offers users the ultimate digital home experience to play music, view photos, videos, TV and even place Skype calls using voice commands with no training.
The coming months and years will be very exciting for our company as voice interfaces become pervasive throughout our lives. This is an exciting high growth sector and One Voice is well positioned with our current and future products that will benefit users worldwide."
About One Voice Technologies, Inc.
One Voice Technologies, Inc. (OTCBB: ONEV) is the world's first developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets. Our Intelligent Voice(TM) solutions employ revolutionary, patented technology that allows people to send messages (E-mail, SMS, Instant Messaging and paging), purchase products, get information and control devices - all by using their voice. The company is headquartered in La Jolla, California. For more information, please visit http://www.onev.com
FORWARD-LOOKING STATEMENT DISCLAIMER
Some of the statements made in this press release discuss future events and developments, including our future business strategy and our ability to generate revenue, income and cash flow, and should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These "forward-looking" statements can generally be identified by words such as "expect," "anticipate," "believe," "estimate," "intend," "plan," and similar expressions. These statements involve a high degree of risk and uncertainty that exists in the Company's operations and business environment and are subject to change based on various factors that could cause actual Company results, performance, plans, goals and objectives to differ materially from those contemplated or implied in these forward-looking statements. Actual results may be different from anticipated results for a number of reasons, including the Company's new and uncertain business model, uncertainty regarding acceptance of the Company's products and services and the Company's limited operating history.
MobileVoice, Media Center Communicator and mceSpeechTools are trademarks of One Voice Technologies, Inc. All other products and company names herein may be trademarks of their registered owners.
CONTACT: The Cervelle Group
Rob Karbowsky, 407-475-9966
Fax: 407-475-9859
rob@thecervellegroup.com
SOURCE: One Voice Technologies, Inc.
Copyright Business Wire 2007
(END) Dow Jones Newswires
March 22, 2007 09:30 ET (13:30 GMT)
|
Thread abonnieren
