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Technology Stocks : Voice Control Systems, Inc (VCSI)

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To: FIFO_kid2 who wrote (90)3/3/1998 3:05:00 PM
From: Charlie Smith  Read Replies (3) of 194
 
Jeffery:

News out today:

Voice Control Systems Announces Integration With Lucent Technologies -- a Leading Open Platform Provider

BusinessWire, Tuesday, March 03, 1998 at 08:57

DALLAS--(BUSINESS WIRE)--March 3, 1998--CT EXPO

VCS Products Now Available On Three Major Open System Platforms
Representing More Than 85% Market Share

Voice Control Systems, Inc. (NASDAQ:VCSI), a leading developer of
speech recognition and speech software platforms, today announced that
it has integrated its host-based FreedomRecognition(tm) with Lucent's
RealCT(tm) Release 2 API, making it the only speech recognition
supplier that has technology available on three major open system
platforms: Dialogic, Natural MicroSystems, and now Lucent
Technologies. Together, these companies ship more than 85 percent of
all open standards-based hardware in the computer telephony industry.
Through this latest integration, companies using open platforms from
these leading vendors can provide their customers with the most
natural way for people to communicate, speech.
Based on the same technology found in Voice Control Systems'
SpeechWave(tm) software platform, FreedomRecognition is a
cost-effective, host-based speech recognition solution that provides
VCS' field-proven speech technology without the need for costly
digital signal processing boards, reducing the cost of speech-enabling
applications by as much as 50 percent. This major cost reduction
allows the benefits of a natural speech recognition interface to now
be affordable for entirely new market segments, from small voice mail
systems to customer-based voice response systems such as telephone
banking, to voice driven call directors. Available in nearly 40
languages, FreedomRecognition can be used to speech-enable standard
dual tone multi frequency or continuous digit applications. Advanced
features such as Personal Vocabularies(tm) are also available as an
option, for applications requiring personal databases such as
telephone and address directories.
"The integration of FreedomRecognition with Lucent's RealCT
Release 2 API demonstrates VCS' long-standing commitment to make
available the broadest range of speech technologies on the greatest
number of industry-leading platforms," said Peter Foster, president
and chief executive officer of Voice Control Systems. "With speech
recognition technology now ported to three major open system
platforms, VCS is the only speech software provider with more than 85
percent coverage of the open computer telephony market, furthering our
objective of making speech recognition affordable and available to
application developers in as many environments as possible."
Voice Control Systems is a leading speech software platform
provider, offering vocabularies in over 50 languages with more than
2.5 million recognizers, including 500,000 in telecom, installed in 30
countries. Speech-driven applications using VCS products are used
today in telecommunications, automotive, consumer electronics, and
interactive multimedia software to enable computers and electronic
devices to understand and process human speech. VCS is headquartered
in Dallas, Texas, with regional offices in Cambridge, Massachusetts,
and Portsmouth, England. The company's stock is traded on the NASDAQ
National Market System under the symbol VCSI. For more information
visit the company's web site at voicecontrol.com.

CONTACT: Voice Control Systems, Inc.
Mike Savel
1 617-494-0100
msavel@vcsi.com
or
Neva Group
Jane Hiscock/Ian White
1 617-441-4000, ext. 224/238
jhiscock@neva.com/iwhite@neva.com

KEYWORD: TEXAS
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS
TELECOMMUNICATIONS TRADESHOW

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Copyright 1998, Business Wire
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