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Microcap & Penny Stocks : E-COMMERCE by JVWEB, INC. (OTCBB:JVWB)

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To: GC who wrote (639)6/22/1999 9:17:00 AM
From: GC  Read Replies (1) of 767
 
I hope this news from LHSP is part of the Crisis Communication
Tuesday June 22, 8:36 am Eastern Time

Company Press Release

Lernout & Hauspie Ships L&H Voice
Xpress Mobile Professional

Product Gives Mobile Users Accurate, Easy Dictation Away From the Office

L&H Combines L&H Voice Xpress Continuous Speech Dictation Software
with Olympus DS 150 Digital Recorder, to Meet Real World Needs of Mobile
Professional

NEW YORK--(BUSINESS WIRE)--June 22, 1999-- PC Expo, Javits Center, -- Lernout &
Hauspie (NASDAQ:LHSP - news; EASDAQ:LHSP) (L&H(tm)), today announced the availability
of its new L&H Voice Xpress(tm) Mobile Professional. The new product, specifically designed to
meet the demands of the mobile professional, combines L&H's award winning continuous speech
dictation product, L&H Voice Xpress Professional Version 4, with the new Olympus DS-150 digital
hand-held recorder. The product is expected to boost productivity for mobile professionals by
enabling them to conveniently dictate notes, e-mails, letters and other documents while away from
their computer and later use L&H's Voice Xpress speech recognition technology to instantly
transcribe recorded .wav files into text. L&H also announced a special $30.00 introductory mail-in
rebate with the purchase of L&H Voice Xpress Mobile Professional.

Unlike competitive offerings, L&H Voice Xpress Mobile Professional features sophisticated
environmental adjustments that combined with a headset allow for accurate speech recognition even
while dictating in different noise environments. These adjustments leverage L&H's expertise in
developing speech technology for a variety of acoustical environments. Users can dictate up to 75
minutes of speech with the recently released Olympus DS-150 digital voice recorder, a lightweight
(2 oz.), elegant and versatile device that can easily be carried in a pocket.

''More and more professionals are spending an increasing amount of time on the go -- driving a car,
or catching a plane -- where they do not have access to a PC or laptop. These mobile professionals
need an alternative solution for accomplishing their jobs where they don't have access to or don't
wish to carry a PC or laptop,'' said Anatoly Tikhman, President of L&H's PC Applications Division.
''L&H Voice Xpress Mobile Professional is an ideal product for professionals who need to create
documents and increase their productivity while away from their computer. L&H's improvements in
usability, accuracy and performance underscore L&H's commitment to the user and its continued
leadership in the expanding speech recognition market.''

''We are pleased that Olympus has been selected to be the recorder of choice for L&H Voice
Xpress Mobile Professional,'' said Michael Handa, Assistant Division Manager, Olympus America,
Digital & Imaging Systems Group. ''Lernout & Hauspie is a leader and innovator in the speech
recognition industry, and we look forward to a long and beneficial partnership.''

Breakthrough Technologies Support Ease of Use

L&H Voice Xpress Mobile Professional includes a variety of features to provide fast, easy, accurate
dictation for mobile users. These features include the breakthrough technologies for enhanced
usability, accuracy and performance found in the L&H Voice Xpress 4.0 family of products. L&H, a
worldwide market leader in speech and language technologies, products and services, recently
introduced the L&H Voice Xpress 4.0 family with features that include dramatically reduced
enrollment, improved accuracy, advanced Natural Language Technology (NLT(tm)) commands for
Microsoft® Office® 2000 and Internet Explorer 5, and a set of voice powered desktop
accessories.

L&H Voice Xpress Professional also provides the ability for users to add multiple input devices to a
single speaker profile. The unique language model allows users to simply conduct an initial training
with each input device; following the initial training for each device, any vocabulary customizations,
personal command creation or dictation shortcuts are available to all input devices within that profile.

Product Features and Benefits

L&H Voice Xpress Mobile Professional enhances the productivity of professionals by allowing them
to conveniently capture their thoughts while they are away from their computer. Features that
increase the accuracy and convenience of the solution include;

Dictation in High Noise Environments - Users can dictate with a headset and achieve high
recognition accuracy in most environments regardless of background noise;
Batch Processing - Users can continue working on their PC while L&H Voice Xpress
transcribes digitally recorded .wav files into text in the background;
One Language Model - Users do not have to create separate profiles for each input device.
Following an initial training for each, information is synchronized across all devices.
Customization of vocabulary applies to a headset or a hand-held recording device, eliminating
the time-consuming duplication of effort required to customize multiple profiles.
XpressRecorder -Enables users to easily and intuitively record, listen to and edit digitally
recorded .wav files in any Windows environment. This utility allows users to remove
unwanted speech in their .wav files before they are converted into text. XpressRecorder can
be installed on any laptop and also be used to record dictation that can be e-mailed to an
assistant for transcription using L&H Voice Xpress.
Digital Pairing - Precisely matches a user's recorded .wav file with the transcribed text and
allows users to hear a segment of the original recording by simply highlighting the desired
sections. This feature helps users or their assistants proof and edit documents created using a
recorded dictation.

L&H Voice Xpress Mobile Professional is based on L&H Voice Xpress Professional Version 4
core engine and includes the full set of continuous speech recognition and command and control
features. Specifically, most users are able to enroll in just five minutes, benefit from accuracy
improvements and have full command and control support of Microsoft® Office 2000.

System Requirements and Availability

The estimated street price of L&H Voice Xpress Mobile Professional is $229 and includes software
on a CD-ROM, documentation, a high quality, noise-canceling headset and the Olympus DS-150
handheld digital recorder. L&H Voice Xpress Mobile Professional is expected to be available in July
in over 3,500 retail locations in North America, including but not limited to: Best Buy, CompUSA,
Computer City, Fry's, Micro Center, Office Depot, Office Max and Staples. Interested parties can
obtain additional information by visiting the L&H Web site at www.lhsl.com or by calling
800-380-1234.

Designed for Microsoft® Windows® 98, 95 or Windows NT® 4.0, the recommended system
requirements for L&H Voice Xpress Mobile Professional include: a Pentium® II processor; 48 MB
RAM; Windows 98/95 or 64 MB RAM Windows NT; 200 MB hard disk space; VGA or better
monitor; and a 16-bit sound board from Creative® Labs or other SoundBlaster®-compatible 16-bit
soundcard. Additionally, L&H Voice Xpress Mobile Professional supports most processors
including Pentium III and AMD processors and provides support for USB microphone.

About Lernout & Hauspie

Lernout & Hauspie (L&H) is a global leader in advanced speech and language solutions for vertical
markets, computers, automobiles, telecommunications, embedded products, consumer goods and
the Internet. The company is making the speech user interface (SUI) the keystone of simple,
convenient interaction between humans and technology, and is using advanced translation technology
to break down language barriers. L&H's products and services originate in four basic areas:
automatic speech recognition (ASR), text-to-speech (TTS), digital speech and music compression
(SMC) and text-to-text (translation). For more information, please visit Lernout & Hauspie on the
World Wide Web at www.lhsl.com.

This press release contains forward-looking information. Such statements include, without limitation
but not limited to statements involving L&H's plans, objectives, expectations and intentions regarding
the introduction of the L&H Voice Xpress Mobile Professional. There can be no assurance that
actual results will not be materially different than those anticipated in these forward-looking
statements. Readers are cautioned that such forward- looking statements involve risk and
uncertainties, including, with limitation, the risk that the company or one or more of the companies
involved in this project will not successfully complete the development of these products on a timely
basis, that the technologies will not perform as anticipated, that the features of the product will not
perform as anticipated, that the product will be successful in the market, and the general risks
associated with the intense competition and rapid technological change characteristic of the speech
technology market. The forward-looking statements are also subject to risks set forth in L&H's
reports filed with the Securities and Exchange Commission. The forward-looking statements
contained herein speak only as of the date of this Report. L&H expressly disclaims any obligation or
undertaking to release publicly any updates or revisions to any such statement to reflect any change
in L&H's expectations or any change in events, conditions or circumstances on which any such
statement is based. All product names and trademarks mentioned herein are trademarks of L&H or
their respective owners.

Contact:

Lernout & Hauspie
Audrey Pobre, (781) 203-5341
apobre@lhs.com
or
Michelle Doherty, (781) 203-5324
mdoherty@lhs.com

More Quotes and News:
Lernout En Hauspie Speech Products (Nasdaq:LHSP - news)
Related News Categories: computers, internet, telecom

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