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Technology Stocks : LHSP: Lernout En Hauspie

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To: Dave Doriguzzi who wrote (311)10/24/1997 10:14:00 AM
From: Paul K  Read Replies (2) of 2467
 
Original contract with MSFT in the past spring I think was for just the Text to speech product @ $1.00/copy as infered from the article. Of course this has expanded to other products since the upgraded deal with Microsoft.

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COMPUTER RESELLER NEWS:
March 10, 1997
DEVELOPER TEAMS WITH MICROSOFT
By Stuart Glascock

Redmond, Wash. -- Lernout & Hauspie Speech Products, a speech-recognition software developer, signed a deal with Microsoft Corp. to embed its products in future versions of Microsoft's operating systems.

Gaston Bastiaens, president of Lernout & Hauspie, said the company will deliver speech recognition technology to Microsoft next quarter. It will be up to Microsoft to determine when it will ship in future products, he said.

It is a royalty-per-copy deal, said Bastiaens. The endorsement of Microsoft will enable speech in a number of future products, he added.

Lernout & Hauspie, Burlington, Mass., makes software that can translate dictation into computer commands to be used to read back E-mail messages and faxes remotely over a telephone.

Bastiaens said the goal is to sell the product through the reseller channel, particularly Microsoft Solution Providers. He said the software will cost as little as $1 per copy for consumer applications.
Copyright r 1997 CMP Media Inc.
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