Global Services Network Selects General Magic's VoiceXML-Based magicTalk Platform for Their Unified Communications Applications and Services
Companies Partner to Deliver Advanced Voice-Enabled Solutions for the Mobile Professional and Enterprise Markets
SUNNYVALE, Calif.--(BUSINESS WIRE)--June 22, 2000-- General Magic, Inc.(TM) (Nasdaq: GMGC), a leading voice application service provider, today announced they have reached agreement with Global Services Network, Inc.(TM) (GSN), a provider of unified communications and messaging services, to deliver unified communications applications and services to the enterprise and mobile professional markets.
Under the terms of the agreement General Magic will develop and host customized unified communications applications for Global Services Network using General Magic's industry-leading VoiceXML-based magicTalk(TM) communications platform. This will equip GSN's Polestar(TM) branded product with advanced functionality such as e-mail by phone (text-to-speech), voice dialing, enhanced voicemail and fax, broadcast messaging, cardless calling and conference calling, as well as other features proprietary to GSN, all to be accessible via a magicTalk natural language voice-user interface (VUI). Polestar will also be WAP (wireless application protocol) enabled to allow subscribers to manage information and communications over wireless digital phones and Personal Digital Assistants (PDAs). As part of the agreement, General Magic will receive development fees and recurring revenues from hosting and licensing, as well as stock equity in Global Services Network.
"Simply stated, our decision to use General Magic's magicTalk platform provides Global Services Network with voice-technology that we believe is generations ahead of any competitor in the market," said Blake Ponuick, president and chief executive officer of Global Services Network. "This alliance with General Magic provides us with immediate, carrier grade scalability as we move to aggressively grow our subscriber base in the enterprise and carrier markets and focus on rolling out local services nationwide."
"We are very pleased to be working with GSN to rapidly deploy superior voice application services to our joint subscribers," said Steve Markman, chairman, chief executive officer and president of General Magic. "Our agreement with GSN demonstrates the value of the magicTalk platform in delivering advanced voice-enabled applications for the mobile professional and enterprise markets."
About General Magic
General Magic creates value for its customers through state-of-the-art voice solutions. General Magic offers years of expertise in combining language, personality, and logic, creating a natural conversation between people and information.
As a voice application service provider (Voice ASP), General Magic serves companies with high volumes of customer contacts who need cost-effective solutions that maintain the trust and loyalty of their customers. For more information about General Magic, visit the Company's Web site at generalmagic.com.
About Global Services Network
Global Services Network is an early entrant in the emerging, multi-billion dollar communications application service provider (ASP) category providing unified communications and messaging services to affinity organizations, enterprises, and mobile professionals. Its Polestar(TM) service is a media agile "Intelligent Communications Agent" featuring web-enabled one number service, real-time control over voice, messaging, fax, and email communications. Polestar is "One number that allows you to be reached wherever, whenever, and however you want. One number that allows you to manage all your communications instead of them managing you." Global Services Network, Inc. is privately held with offices in Portland, Oregon and Vancouver, BC, Canada. For more information about Global Services Network and Polestar, please visit our company website at mypolestar.com.
General Magic notes that some of the statements in this press release contain forward-looking statements that involve substantial uncertainties. These include, among others, statements concerning the adequacy of the Company's financial resources to execute its business plan; market acceptance of the Company's technologies and services; the Company's ability to attract, retain and motivate key technical, marketing and management personnel; the ability of the Company to establish and maintain relationships with businesses that have high volume customer interactions, and to establish alliances with companies that offer technology solutions for such businesses; the challenges inherent in the development, delivery and implementation of complex technologies; the ability of the Company's third party technology partners to timely develop, license or support technology necessary to the Company's services; and the Company's ability to respond to competitive developments. The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause industry trends, or actual results, performance or achievement to be materially different from any future trends, results, performance or achievements expressed or implied by these statements. These and other risks are detailed in General Magic's Registration Statement on Form S-3 filed with the Securities and Exchange Commission on May 26, 2000.
Note to Editors: General Magic and magicTalk are trademarks of General Magic, Inc. and may be registered in certain jurisdictions. Other trademarks are owned by their respective companies |
