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Microcap & Penny Stocks : IVOC iVoice, Inc.

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To: mtnres who wrote (2)9/1/2003 10:39:24 AM
From: mtnres  Read Replies (1) of 9
 
iVoice Receives Notification of Patent Award for Second Name Dialer Application from U.S. Patent and Trademark Office
TUESDAY, AUGUST 26, 2003 7:00 AM
- BusinessWire

MATAWAN, N.J., Aug 26, 2003 (BUSINESS WIRE) -- iVoice, Inc. (OTC Bulletin Board: IVOC), a leader in speech recognition technology, today announced receipt of a notice of allowance for a it's second patent for Speech-Enabled Automatic Telephone Dialer using a seamless interface with computer based address book programs such as Microsoft(R) Outlook(R), without the use of PBX's. "As part of its technology certification, this is the second award, with pending applications for speech-enabled telephony applications submitted for patent endorsement." Says Jerry Mahoney, of iVoice.

"The grant of these patents is centrally important to iVoice, Inc. not only to defend its technology but also to leverage offensively in the marketplace." added Mr. Mahoney. "We believe that any name dialer solution sufficient to satisfy the minimum customer requirements will require either a license from us under one or more of our patents or many years of research and development in search of an alternative solution." he furthered.

The patent award will mark a significant milestone in product development for the iVoice technical staff and is the second in a series of patents pending for its speech-enabled telephony applications. With millions of worldwide users of contact management programs such as Outlook(R), ACT(R), GoldMine(R), and other database address books. iVoice is positioned to capture significant demand for The Name Dialer which delivers increased worker productivity and office efficiencies.

The iVoice Name Dialer is an automatic phone dialing system. The system imports the necessary contact information for dialing (names and phone numbers) from a variety of sources including, but not limited to, Microsoft Outlook, ACT, and Gold Mine. The imported names are then transcribed, through software, into a set of phonemes to be used for voice recognition. When the end user picks up the handset, the call is automatically transferred through the PBX, to the Name Dialer software running on a server machine. The user simply says the name of the person (whose name came from the contact list) and the Name Dialer places the call.

About iVoice, Inc.

iVoice, Inc. designs, manufactures and markets innovative voice activated computerized telephone applications for businesses and corporate departments. Our Speech Enabled Auto Attendant allows callers to contact their intended party using their spoken voice, eliminating cumbersome dial by name or extension menus. Our Interactive Voice Response (IVR) products allow information in PC databases to be accessed via voice or from a standard touch-tone telephone. iVoice products are designed to be simple for the end user and provide a cohesive system to access messaging systems. The company's goal is to become a leader in speech recognition technology.

NOTE: Any statements that are not historical facts contained in this release are forward-looking statements. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, and intellectual property rights, and the outcome of competitive products, risks in product development, the results of financing effort, the ability to complete transactions, and other risks identified in this release, and the Company's Securities and Exchange Commission filings.

SOURCE: iVoice, Inc.

iVoice, Inc.
Investor Relations
Dolores Serafin-Sloboda
1-732-441-7700 and say "Investor Relations"
investors@ivoice.com
www.ivoice.com
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