The following article appeared on the Motley Fool message board:
Subject: Speech Recognition Investment
Date: Tue, Nov 4, 1997 11:26 EST
Thought you would be interested in this AOL News clip.
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Subj: Seagate Increases its Investment in Speech Recognition Leader Dragon Systems
Date: 97-11-04 11:06:46 EST
From: AOL News
SCOTTS VALLEY, Calif., Nov. 4 /PRNewswire/ -- Seagate Technology, Inc.
(NYSE: SEG) today announced that it has increased its equity position in Dragon Systems, Incorporated, a Newton, Massachusetts-based worldwide leading developer of advanced speech recognition technology and market leader in speech recognition products for personal computer/workstation platforms. The additional investment brings Seagate's ownership in Dragon Systems to approximately 35%.
Dragon Systems, Inc., is a leading worldwide supplier of speech and language technology, including award-winning speech recognition software. Dragon's goal is to "humanize" the interface between people and machines by expanding the use of speech, which is the most natural and efficient way for people to ommunicate. The speech capabilities available from Dragon Systems include continuous and discrete dictation systems, voice command systems, text-to-speech systems, customized telephony solutions, and developer tools which enable users to build interactive dialogues or custom vocabularies that do not need to be retrained.
"Seagate views speech recognition as a key enabling technology that provides a natural user interface to computer systems," said Al Shugart, Seagate chairman and CEO. "Our investment in Dragon Systems represents a continued effort to make computers work more like people, rather than the other way around. The world's currency is information, and people want access to that information to be faster and easier. Speech recognition technology provides multiple benefits to users by providing a more natural human interface for existing applications while also opening up vast markets and applications that are not easily accessible with the more traditional interface devices such as a keyboard or mouse."
Dragon Systems, Inc., the Natural Speech Company, is a worldwide leader in PC speech recognition. Dragon develops and markets high-performance, cost-effective speech and language technology tools that, in multiple world languages (including American English, British English, French, German, Italian, Spanish and Swedish), enable users to create any text, issue commands, and enter and access data simply by speaking. The company also licenses its technology worldwide through developers, distributors, resellers, OEMs (Original Equipment Manufacturers) and ISVs (Integrated Software Vendors). Dragon Systems ports its technology across multiple operating systems and hardware platforms from hand-held devices and personal computers to workstations, and is pursuing leading-edge research and development projects for computer and telecommunications applications.
Founded in 1982, Dragon Systems is headquartered in Newton, Massachusetts; its Dragon Systems UK Ltd. subsidiary, which is focused on speech recognition for telephony and high-noise environments, is based in Cheltenham, England; Dragon Systems GmbH is located in Munich, Germany. Dragon Systems can be found
on the world wide web: www.naturalspeech.com or dragonsys.com.
Seagate Technology, Inc. (NYSE: SEG) is a leading provider of technology and products enabling people to store, access, and manage information. The Company is committed to providing best-in-class products to help people get their information when, where and how they want it. Seagate is the world's largest manufacturer of disc drives, magnetic discs and read-write heads, a market leader in tape drives, and a leading developer of software for information availability, access and analysis. With nearly $9 billion in revenues for its 1997 fiscal year, Seagate can be found around the globe and on the World Wide Web at seagate.com.
NOTE: Dragon Systems is a registered trademark of Dragon Systems, Inc. NaturallySpeaking, and The Natural Speech Company are trademarks of Dragon Systems. All other trademarks are the property of their respective holders.
SOURCE Seagate Technology, Inc.
End Article
remember KURZWEIL.
The debacle in speech recognition. |
