FONX I was just going to post the news Don, here it is:
SALT LAKE CITY, Apr 26, 2000 /PRNewswire via COMTEX/ -- Fonix Corporation (OTC
Bulletin Board: FONX) announced today an agreement with Kyushu Matsushita
Electric Co., Ltd. (KME), best known in the U.S. by the Panasonic brand products
it produces, to integrate Fonix speech technologies into Panasonic consumer and
commercial electronic products manufactured by KME.
The signing of the license agreement is the result of a collaborative product
development effort between the two companies designed to provide the
highest-quality speech-enabled consumer and commercial electronic products.
These products will be distributed initially under the Panasonic brand.
About Fonix Corporation
Fonix Corporation (OTC Bulletin Board: FONX) develops and markets software
products that enable intuitive human interaction with computers, consumer
electronics, and other intelligent devices. Leading chip manufactures,
independent software and hardware vendors, and Internet content providers
incorporate Fonix technologies to make their products easier and more convenient
to use. Fonix products, including Text-To-Speech (TTS), Automatic Speech
Recognition (ASR), and Handwriting Recognition technology, provide the most
natural communication solutions available. Fonix solutions can be easily
implemented on multiple hardware and software platforms via the Fonix FAAST(TM)
(Fonix Application Accelerator Speech Toolkit) software development kits. For
more information visit www.fonix.com or call (801) 553-6600.
About Panasonic/KME
Panasonic is the best known U.S. brand name of Japan-based Matsushita Electric
Industrial Co., Ltd. (NYSE: MC) (MEI), one of the world's leading producers of
electronic and electric products for consumer, business and industrial use.
Kyushu Matsushita Electric Co., Ltd., is a publicly traded MEI affiliate and one
of the world's largest suppliers of fax machines, phones and answering machines
and other information technology products. Additional information on Panasonic
and Matsushita Electric is available at www.panasonic.com.
Note: The statements released by Fonix Corporation 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. It is important to note that the Company's actual
results could differ materially from those in such forward- looking statements.
Risk factors specific to this release include those inherent in creating a new
working relationship with an industry partner, uncertainty and confusion which
can result when the principal language of the partner (Japanese) is different
from that spoken by the majority of the employees of the Company, difficulties
arising in the course of integrating the Company's technologies into KME's
target consumer and commercial electronics products, delays incurred in
connection with such integration which may impact production and shipping of
products and other similar risks associated with new production introduction.
Other risk factors including 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.
SOURCE Fonix Corporation
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Kelly R. Kenyon, Corporate Communications, 801-553-6600,
kkenyon@fonix.com, or Michelle Aamodt, Investor Relations, 80
-328-0161,
invrel@fonix.com, both of Fonix Corporation
KEYWORD: Utah
Japan
INDUSTRY KEYWORD: CPR
SUBJECT CODE: LIC
CON
URL: panasonic.com
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