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Technology Stocks : Fonix:Voice Recognition Product (FONX)

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To: Dave Rebok who started this subject5/14/2002 10:51:34 AM
From: dkgross   of 3347
 
Fonix Wins Best Consumer Product Award at AVIOS Conference
May 14, 2002 09:04:00 AM ET

Fonix VoiceCentral(TM) Selected as Most Versatile Product by Peers in Speech

Industry; Pocket PC Product Enables Users to Navigate PDA with Voice

SALT LAKE CITY, May 14 /PRNewswire-FirstCall/ -- Fonix(R) Corporation (OTC Bulletin Board: FONX), a leading provider of natural-user interface technology and voice solutions for wireless and mobile devices, Internet and telephony systems, and vehicle telematics, today announced that it was awarded the Best Consumer Product Award, at the 21st annual AVIOS speech industry conference, for the new Fonix VoiceCentral(TM) product for Pocket PCs.

"Best Consumer Product Award is a great distinction for Fonix, and a great tribute to Fonix VoiceCentral," said Thomas A. Murdock, CEO of Fonix. "We believe that this award reflects the continued growth of Fonix and the increasing acceptance of our speech solutions in the marketplace. The AVIOS Conference is a gathering of the speech industry leaders and we are pleased that they have selected a Fonix product as the best."

Fonix VoiceCentral allows individuals to navigate their Pocket PC-powered device with their voices. Now, users can access and listen to contact information, calendar events, tasks, and email, as well as launch applications with no specialized voice training.

AVIOS (Applied Voice Input/Output Society) is a not-for-profit entity, managed by a voluntary board of directors that includes leaders in the speech technology industry, in business and academia. AVIOS provides a forum that brings researchers, developers, and users to together to advance the progress of real world applications of speech technology.

About Fonix Corporation

Fonix Corporation (OTC Bulletin Board: FONX) is a leading provider of natural-user interface technology solutions 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 additional information, visit www.fonix.com , or contact a Fonix representative at (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. Risk factors include 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.

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