Lernout Hauspie (NASDAQ:LHSPF) Kurzweil Contract ref/reply 548,SEC 20F
"Sunday September 28 7:56 PM EDT
Company Press Release
Lernout & Hauspie Introduces Award-Winning Continuous Speech Editing and Formatting Software Application
IEPER, Belgium, BURLINGTON, Mass.--(BUSINESS WIRE)--Sept. 28, 1997--
Breakthrough Voice Recognition Software, Kurzweil VoiceCommands(TM),
Lets Users Control MS Word With Natural Voice Commands,
Simplifies Access to Word Features and Functions
Lernout & Hauspie Speech Products (NASDAQ:LHSPF, EASDAQ:LHSP.ED) (L&H), today announced the availability of Kurzweil VoiceCommands(TM) on the US market, a breakthrough continuous speech ''command and control'' product. This continuous speech recognition-based software enables users to format and edit Microsoft Word documents by voice rather than keyboard and mouse, reducing the time required to revise and correct documents. The company said that the product is one in a series of continuous speech recognition products -- including offerings for continuous dictation pathology and general business -- that it plans to bring to the market by the end of this year (12/31). Kurzweil VoiceCommands allows users to speak naturally and understands a variety of commands for any given action. Other Microsoft Word compatible products available today have a limited and rigid set of commands which the user must memorize and employ. Kurzweil VoiceCommands is designed for any user that regularly creates, formats and edits Microsoft Word documents...The product is being distributed by Alpha Software and is now available in over 3,500 retail locations in North America, including CompUSA, EggHead, Staples and Office Depot. Interested parties can get additional information and send us feedback by visiting the L&H Website at www.lhs.com/kurzweil or by calling 1-800-380-1234...The company has its worldwide headquarters in Ieper, Belgium, its U.S. headquarters in Burlington, Massachusetts and international sales offices throughout Asia...This news release contains forward-looking statements. Such forward-looking statements, include, without limitation, that the Kurzweil VoiceCommands(TM) is...the first of a series of continuous speech dictation products that L&H plans to bring to market over the next three months; that the product is scheduled to be available by late September and that Kurzweil VoiceCommands' features will perform as stated herein...Lernout & Hauspie can be found on the World Wide Web at www.lhs.com ..."
Contact:
Lernout & Hauspie Audrey Pobre, 617/221-8341, apobre@lhs.com or Ellen Spooren, 617/221-8344 espooren@lhs.com or Fitzgerald Communications, Jim Williams, 617/494-9500 jwilliams@fitzcomm.com
source: biz.yahoo.com
Comment and Note: It is very interesting this release would be issued 1) on a Sunday 2) Without a SoftQuad Co-L&H or SoftQuad contemporaneous news release 3) and mentions Alpha as its retail distributor 90 days before contract termination 4) L&H and Alpha are both located in Burlington, Mass and 5) is one of several such products to be released prior to 12/31/97 or prior to Kurzweil contract termination implying there are several more Kurzweil voice rec products Alpha would have the contractual right to distribute unless they just happen to be cooincidentally released on January 1, 1998... |