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Technology Stocks : Fonix:Voice Recognition Product (FONX)
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To: ed doell who wrote (1300)11/13/1997 1:26:00 AM
From: Randall E Westberg  Read Replies (1) of 3347
 
424B3 11-05-97

>>so I'm now totally confused about whether they are developing a software platform, a chip, or both, and whether they're back to aiming at a retail market, or OEM's, or both<<

Bob, here are the current Facts :

fonix corporation (the "Company") is a
development stage company engaged in research
and development of certain proprietary
automatic computer voice recognition
technologies and related technologies. The
Company's present marketing direction is to
focus on licensing its technologies to and
entering into co-development relationships and
strategic alliances with third parties that
are participants in the horizontal computer
industry (including producers of application
software, operating systems, computers and
microprocessor chips)or are research and
development entities, including academia,
government, industry and commercial speech
product developers. The Company intends for
the foreseeable future to generate revenues
from such licensing royalties and strategic
partnerships and alliances, rather than from
the direct manufacture of products
incorporating the Company's proprietary
technologies. The Company to date has not
generated revenues from operations and has not
entered into any licensing agreements or
strategic alliances or partnerships.
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