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Andrea Electronics Launches New E-Commerce Site; Co-marketing AgreementsExecuted with Industry Leaders Tue Feb 15 08:30:00 EST 2000
<<<MELVILLE, N.Y., Feb 15, 2000 /PRNewswire via COMTEX/ -- Andrea Electronics Corporation (Amex: AND) announced today the launch of its new e-commerce site, audiocommander.com, at the Intel Developer Forum ("IDF") Spring 2000, taking place in Palm Springs, California, February 15th to 17th. As part of the launch, Andrea Electronics has entered into several co-marketing agreements with key industry leaders offering next generation voice communications applications, including Fonix Corporation, HearMe (Nasdaq: HEAR), IBM Corporation (NYSE: IBM), InterWise, Inc., Logitech, Inc. (Nasdaq: LOGIY), Net2Phone Inc. (Nasdaq: NTOP), Voyetra Turtle Beach, Inc. and Zeroplus.com, Inc. (Nasdaq: ZPLS).
The new site, supporting the IDF Spring 2000 theme of "Designing Solutions for the Internet Economy," offers all visitors the ability to download and purchase Andrea Electronics' audio input microphone products and technologies that enhance e-communications solutions. Andrea technologies to be offered through audiocommander.com include a free download of patented AudioCommander(R) software, a superior audio interface for PC multimedia microphone control applications; PureAudio(TM) software, a noise canceling algorithm which improves the intelligibility of audio communications by enhancing speech and reducing noise; the Andrea DA-400 Desktop Array(TM), a digital, far-field microphone system which allows users to speak to or through their computers without a headset or handset; the Andrea Universal Serial Bus (USB) Microphone Array(TM), a digital, far-field microphone solution with the convenience of USB plug-and-play compatibility and the new Andrea Sound Card Array(TM), a small desktop device which captures and passes multiple streams of audio to the sound card line-input for audio processing.
"We are very excited to launch audiocommander.com with the support of the innovative technology companies who are partnering with us on this significant step in the execution of our e-business strategy," said Christopher P. Sauvigne, President and Chief Operating Officer of Andrea Electronics Corporation. "Together, Andrea and its partners provide ways in which our respective technologies create optimum audio communications solutions and, ultimately, advance the acceptance of speech as the natural language interface."
About AudioCommander.com Partners
Fonix Corporation
Fonix provides solutions to make human interaction with computers and other intelligent appliances simpler and more convenient. The Fonix suite of products and services, including speech recognition and handwriting recognition technology, provide natural, intuitive solutions that allow people and their technological tools to speak to and interact with each other in human terms. Visit fonix.com.
HearMe
HearMe (Nasdaq: HEAR) is dedicated to reshaping today's Internet applications into real-time interactive experiences through which large groups of people can interact and communicate using text, voice and video. The company develops, operates and licenses technology that enables real-time Internet communication and communities where people can gather to share affinities, interests, or ideas. Communication tools such as text chat applications and instant messengers are already incorporating HearMe (TM) technology to enable real-time voice interaction among multiple people. The company operates its own real-time consumer Internet communities, HearMe.com(TM) and Mplayer.com(TM). Founded in early 1995, as Mpath Interactive, Inc., HearMe is located in Mountain View, Calif. The Company can be found on the Internet at hearme.com or reached at 650/429-3900.
IBM Corporation
IBM Corporation (NYSE: IBM) speech recognition technology is based on 30 years of speech recognition research and development. With a portfolio of more than 100 patents, an established R&D business that includes researchers worldwide and a robust, proven speech technology available in many languages, IBM is a leader in speech recognition. For more information about IBM Voice Systems, visit ibm.com.
InterWise, Inc.
InterWise offers eLearning solutions for the extended enterprise. InterWise Millennium offers customers an effective way to extend the reach of their learning programs with live and recorded classes over the Internet. InterWise Millennium enables customers to offer end user training, executive briefings, sales and consulting programs, new product roll-outs and customer training to remote students all over the world. Visit interwise.com.
Logitech
Logitech Inc. (Nasdaq: LOGIY) designs, manufactures and markets human interface devices and supporting software that link people to the Internet and enable them to work, play, learn and communicate more effectively in the digital world. Logitech's interface products include Internet video cameras; input and pointing devices such as cordless and corded mice, cordless and optical trackballs and cordless and corded keyboards; multimedia speakers; and entertainment products such as force feedback joysticks, force feedback racing wheels and gamepads. For more information about Logitech, visit logitech.com.
Net2Phone
Net2Phone Inc. (Nasdaq: NTOP) is a leading provider of voice-enhanced Internet communications services to individuals and businesses worldwide. Net2Phone enables people to place low-cost high quality calls from their computer, telephone, or fax machine to any telephone or fax machine in the world. Net2Phone develops and markets technology and services for IP voice and e-commerce solutions for the web and other IP networks. For more information about Net2Phone's products and services, please visit net2phone.com.
Voyetra Turtle Beach
Voyetra Turtle Beach is one of the world's leading PC audio solutions providers, focusing on the development of integrated audiophile-grade software and hardware products for creating music and audio with multimedia PCs. For more information about Turtle Beach, visit turtle-beach.com.
ZeroPlus.com
ZeroPlus.com (Nasdaq: ZPLS) provides consumers with their own permanent Internet telephone number and specialized software that enables them to place and receive phone calls anytime, anywhere via their computers -- completely free of charge. In addition to free PC-to-PC service, ZeroPlus.com provides PC-to-Phone, Phone-to-PC, Phone-to-Phone and voice-enabling solutions for e-commerce companies. To begin using this new service, consumers simply register on-line at zeroplus.com, select their permanent Internet phone number and download e-Net's free software.
Andrea Electronics Corporation designs, develops and manufactures audio technologies and equipment for enhancing applications that require high performance and high quality voice input. The Company's patented Active Noise Reduction (ANR READY (R)) earphone, Active Noise Cancellation (ANC) near-field microphone, patented Digital Super Directional Array (DSDA(TM)) and patent-pending Directional Finding and Tracking Array (DFTA(TM)) far-field microphone technologies enhance a wide range of audio products to eliminate background noise and ensure the optimum performance of voice applications. Applications for the Company's technologies include: speech recognition programs, Internet telephony, video/audio conferencing, automobile PCs, home automation systems, hand-held devices and multiplayer online games, among others. OEM and software publisher customers and strategic partners of Andrea Electronics' include: IBM Corporation, Intel Corporation, Clarion Corporation of America, Microsoft Corp., Lernout & Hauspie, Audio Technica, J. D'Addario & Co., Lotus Development Corporation, Fonix Corporation, HearMe.com, InterWise, Inc., ILINC, Logitech, Inc., Net2Phone Voyetra Turtle Beach and ZeroPlus.com, among others. Visit Andrea Electronics' website at www.AndreaElectronics.com or call 1-800-707-5779.
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," variations of such words, and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and involve matters that are subject to certain risks, uncertainties and assumptions that are difficult to predict, including economic, competitive, governmental, technological and other factors, that may affect the business and prospects of Andrea Electronics Corporation (the "Company"). The Company cautions investors about the following significant factors, which, among others, have in some cases affected the Company's actual results and are in the future likely to affect the Company's actual results and could cause them to differ materially from those expressed in any forward-looking statements: the rate at which Andrea Anti-Noise, DSDA, DFTA and other Andrea technologies are accepted in the marketplace; the competitiveness of Andrea Anti-Noise, DSDA, DFTA and other Andrea products in terms of technical specifications, quality, price, reliability and service; the sufficiency of the Company's funds for research and development, marketing and general and administrative expenses; infringement and other disputes relating to patents and other intellectual property rights held or licensed by the Company or third parties; and the Company's continuing ability to enter and maintain collaborative relationships with other manufacturers, software authoring and publishing companies, and distributors. No assurance can be given that the Company will achieve any material sales or profits from the products introduced in this release. These and other similar factors are discussed under the heading "Cautionary Statement Regarding Forward-looking statements" included in the Management's Discussion and Analysis of Financial Condition and Results of Operations in the Company's Annual Report on Form 10- K and in the Company's Annual Report to shareholders, and in documents subsequently filed by the Company with the Securities and Exchange Commission.
"Andrea Anti-Noise," "ANR Ready," "DSDA," DSDA-PRO", "DFTA", "SuperBeam" and "Desktop Array" are trademarks of Andrea Electronics Corporation or an Andrea Electronics Corporation subsidiary.
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