Tuesday October 3, 8:30 am Eastern Time
Press Release
Interactive Telesis Announces VoiceVault Hosting Services --World Class Voice-Hosting Utility Will Cost-Effectively Voice-Enable Enterprises
SAN DIEGO--(BUSINESS WIRE)--Oct. 3, 2000--Interactive Telesis(TM), Inc. (OTCBB:TSIS - news), a leading provider of speech-enabled hosting services, today announced the latest addition to their suite of service offerings, VoiceVault(TM).
VoiceVault is a voice hosting utility for enterprises that are seeking to voice-enable their Web-based e-commerce or information services. This turnkey, scalable service platform provides customers with a low-risk, low-cost entry into the voice-enabled Web.
``Everyone's talking about convergence,'' said Donald E. Cameron, chief executive officer of Interactive Telesis. ``Industry analysts forecast that within 5 to 10 years your voice and telephone will largely replace the keyboard and PC as the primary means to send, access and retrieve information from the Internet or enterprise networks. This will open up the power of the Internet to hundreds of millions of new users which translates to huge revenue opportunities in voice-enabled e-commerce as well as significant cost-savings resulting from automated customer service. In turn, this will drive a rapid adoption of speech recognition technologies and the demand for a new class of networked infrastructure services -- voice hosting.''
Voice hosting services serve as a front-end processor to Internet databases, processing phone calls into digital requests and returning the data response to the requester in a voice format. Much of the demand for voice-enable applications will be driven by the proliferation of wireless telephones. Yankee Group projects that by 2003 there will be more than one billion wireless phone users worldwide. According to the Kelsey Group, 45 million users of wireless phones in North America will regularly use voice portals by 2005.
With VoiceVault, Interactive Telesis is able to support the growing demand for voice hosting that emerging voice-enabled offerings will create. VoiceVault's turnkey solution consists of access to the latest speech recognition technology, computer telephony equipment and telecommunications services, 24/7 monitoring and maintenance and customer on-line access to application management and real-time call detail information. Customers pay only for the capacity they require resulting in low up-front costs combined with immediate scalability.
A complete overview of Interactive Telesis' suite of services, including VoiceVault, will be available on the company's new Web site scheduled to launch in the next week. The updated web site is part of a new corporate identity implementation that will be unveiled at the company's new corporate headquarters. The new look has been designed to better reflect the positioning of the company as a leader in delivering voice-enabled services.
About Interactive Telesis
Interactive Telesis is a leader in specialized interactive voice response (IVR) services and deployment of automated speech recognition (ASR) technologies. Interactive Telesis presents a very compelling offering for companies wishing to leverage the benefits of speech recognition without the high cost of ownership, capital outlay and internal IT staff requirements. Clients include industry leaders such as Verizon, Excite@Home, Global Crossing, MCI Worldcom, Nike, Seagate, Sprint, Yahoo! and others. Interactive Telesis is headquartered in San Diego. For additional information, visit www.interactivetelesis.com.
Interactive Telesis is a registered trademark of Interactive Telesis. All other trademarks are the property of their respective owners.
This press release contains forward-looking statements that involve risk and uncertainties. These statements include, without limitation, statements relating to the company's future economic performance, management's opinions about the ability of the company to compete successfully and other non-historical information. The company's actual results could differ materially from those discussed herein.
-------------------------------------------------------------------------------- Contact:
Interactive Telesis Inc. JJ Jeffrey, (investors) 888/546-2957 or Elizabeth Myers (media) 800/995-5798 |