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Technology Stocks : Registry Magic Systems- "RMAG" Voice Recognition

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To: Tiegang who wrote (79)6/22/2000 3:34:00 AM
From: Scrapps   of 118
 
Registry Magic Announces Early Release of Virtual Operator Version 3.0
BOCA RATON, Fla.--(BUSINESS WIRE)--June 21, 2000--Registry Magic, Incorporated today announced the early release of its Virtual Operator(TM) version 3.0 in third quarter of this year to limited, qualified partners. Virtual Operator(TM) is an award-winning speech-enabled auto attendant and call-routing system which has been recognized by the industry, customers and telecommunications dealers for its outstanding speech recognition accuracy and ease of installation/administration.

Version 3.0 of the Virtual Operator will offer increased speech functionality and the integration of voice mail through a cross-licensing agreement with Triax Technology, a wholly owned subsidiary of KS Telecom. The new version offers a single, scalable, solution that accommodates both large and small-sized companies. ``We are excited about this limited release to our partners. It means we are one step further in allowing our customers to offer the leading conversational speech recognition technology in a single solution,'' says David Dickson, spokesperson for Registry Magic.

Speech recognition is the ability for a computer to process spoken information and produce a result. Registry Magic has increased the Virtual Operator's accuracy, ease of use, and reliability in order to create speech recognition applications that businesses can usefully deploy to lower operational costs and increase productivity. Virtual Operator transfers calls like a live operator for less than the cost of a person, answers multiple calls simultaneously, and never puts a caller on hold. The Virtual Operator is sold through a network of telecommunications dealers, distributors and international partners.

About Registry Magic

Registry Magic is a leader in developing speech recognition applications that listen, understand, and respond to the user. The U.S. market in speech recognition telephony products accounts for a substantial portion of the forecasted growth of the market, with experts predicting that most U.S. businesses will deploy speech recognition auto attendants with the next five years (TMA Associates).

www.registrymagic.com

About KS Telecom

Triax Technology Incorporated, a subsidiary of KS Telecom, is a technology and telephony focused subsidiary. KS Telecom is a nationwide network of independent interconnect telephone companies. The company manufactures and distributes (ATLAS and SALTA products Key Systems, PBX, Voice Mail) with a history of over one million phones installed in over 100,000 worldwide locations under various brand names and private labels. The largest of these is the ATLAS brand.

www.keystsyemus.com

www.keysystem.com

Certain statements contained in this press release are forward-looking statements that are based upon assumptions about future conditions that may prove to be inaccurate. Actual events and results may materially differ from anticipated results.
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