Fonix Signs Marketing - Distribution Agreement With Nuance; Fonix Text-To-Speech to be Integrated with Nuance 7.0
SALT LAKE CITY, May 30, 2000 /PRNewswire via COMTEX/ -- Fonix Corporation (OTC Bulletin Board: FONX) today announced that it has signed a marketing and distribution agreement with Nuance(R) (Nasdaq: NUAN), the leader in voice interface software. As part of this agreement, Nuance will distribute Fonix's Text-To-Speech (TTS) products with each Nuance 7.0 Developer Toolkit and V-Builder(TM), Nuance's integrated tool for creation of Voice Web sites. "More and more developers are creating voice applications every day," said Steve Ehrlich, vice president of marketing for Nuance. "By incorporating Fonix's TTS product into our toolkit, developers can get all the software they need to build voice applications from a single source -- the Nuance Developer Network." "Nuance provides superb quality speech recognition products with exceptional product support and service which directly matches our business philosophy," said Thomas A. Murdock, President and CEO of Fonix Corporation. "We expect this relationship to provide the best text-to-speech to Nuance and their customers, and to open new market opportunities for both our companies." About Nuance 7.0 Nuance 7.0 is the latest version of Nuance's flagship speech recognition and natural language understanding server software. Nuance 7.0 is designed to address the demands of enterprise and carrier-class applications around the world. It delivers breakthrough wireless and hands-free recognition accuracy, unmatched scalability and reliability, and a comprehensive feature set designed to support 15 languages and multi-lingual systems of all types. Developer Toolkit CDs will be available at V-World, Nuance's annual speech conference, taking place in Scottsdale, Ariz. June 11-14. V-World is open to the general public. For more information or to register for V-World please visit the Nuance Web site at www.nuance.com or call (910) 452-0426. Accredited press and analysts can register by contacting Katie Martin at katie_martin@benjamingroup.com or by calling (408) 559-6090. 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 other Internet content providers incorporate Fonix technology to make their products easier and more convenient to use. Fonix products, including Text-To-Speech (TTS), Automatic Speech Recognition (ASR), and Handwriting Recognition (HWR), provide the most natural communication solutions available. (TM)For more information visit www.fonix.com or call (801) 553-6600. 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. Risks specific to the information in this release include risks associated with the introduction of a new technology product and its acceptance in the marketplace, uncertainty as to number of developers that will use the SDK and the uncertainty relating to the company's ability to port to new and/or additional microprocessors, the resulting potential applications developed therefrom which may generate license revenue to the Company and fluctuations in the microchip industry which would effect the number of chips sold which include Fonix technology. 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 CONTACT: Corporate Communications, Kelly R. Kenyon, 801-553-6600, kkenyon@fonix.com, or Investor Relations, Michelle Aamodt, 80 -328-0161, invrel@fonix.com, both of Fonix Corporation URL: nuance.com fonix.com
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