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Monday October 8, 11:40 am Eastern Time
Press Release
SOURCE: Fonix Corporation
Samsung's Technology Group, HCI Lab, Selects Fonix to Integrate Speech Solutions for Korean Voice Products
SALT LAKE CITY and SEOUL, Republic of South Korea, Oct. 8 /PRNewswire/ -- Fonix® Corporation (OTC Bulletin Board: FONX - news), a leading provider of natural-user interface solutions for wireless and mobile devices, Internet and telephony systems, and vehicle telematics, and HCI Lab, a venture company of Samsung Electronics that focuses on human and computer interaction, today announced the signing of a collaboration agreement. As part of the agreement, HCI has licensed Fonix Text-To-Speech (TTS) for use in its development platforms and solutions. HCI and Fonix will also collaborate to develop and integrate speech solutions and products using the FAAST® Framework for both Korean and English applications for telephony-based systems and wireless, mobile computing devices and automotive telematics markets.
``Fonix technology and the FAAST framework provide extremely advanced English TTS and speech solutions,'' said Lee Gye Ho at HCI Lab. ``We have worked consistently over the last several years to deploy the best speech solutions in the marketplace. We are confident that the FAAST TTS framework will allow us to optimize and fully integrate the Korean and English TTS systems. The time is right in Korea for the deployment and acceptance of powerful telephony applications using Fonix TTS solutions, particularly in the English language.'' FAAST provides powerful API's to work across a variety of engines and platforms.
``HCI is a market-leading developer of solutions and applications for more effective human interaction with technology,'' said Dr. K.H. Loken-Kim, Vice President and General Manager, Asian Operations, Fonix Corporation. ``Fonix TTS and the FAAST Framework fit seamlessly into HCI's multifaceted architecture. HCI is an ideal company for us to extend our market reach and to deploy our FAAST Framework on a global scale. They produce a top-quality Korean TTS that, together with Fonix TTS, will provide enhanced customer flexibility and options.''
Under the terms of the joint agreement, HCI will market, sell, and implement Fonix TTS in its speech solutions, and in turn, Fonix will integrate HCI's Korean TTS in offerings to customers.
About Fonix Corporation
Fonix Corporation is a leading provider of natural-language interfaces for wireless and mobile devices, Internet and telephony systems, and vehicle telematics. Leading chip manufacturers, independent software and hardware vendors, and Internet content and service providers incorporate Fonix technology to provide their customers with an easier and more convenient user experience. Fonix products, including Text-To-Speech (TTS), Automatic Speech Recognition (ASR), and Handwriting Recognition (HWR), provide the most natural communication solutions available. For more information visit www.fonix.com or call (801) 553-6600.
For further information, please contact: media, Whitney Seamons, +1-801-553-6600, mediarel@fonix.com, or investors, Michelle Aamodt, +1-801-328-0161, invrel@fonix.com, both of Fonix Corporation.
About Samsung
Samsung Electronics Co. Ltd. is a global leader in semiconductors, the consumer electronics industry, and digital convergence technology. With year 2000 sales of US $27 billion, Samsung employs approximately 66,000 people in 46 countries. The company is the world's largest producer of memory chips, TFT-LCDs, CDMA mobile phones and monitors and the sixth-largest manufacturer of mobile phones. Samsung Electronics consists of four main business units: Digital Media, Semiconductor, Information & Communications, and Home Appliance Businesses. For more information, please visit our website, samsungelectronics.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 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 |
