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Technology Stocks : Accent Softwr (acntf): Addressing Huge Multilingual Mkt?

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To: pappy who wrote (264)7/20/1998 11:35:00 AM
From: esterina  Read Replies (2) of 356
 
Shouldn't this help ACNTF

Ericsson Worldwide, Affiliates and Divisions to
License Speech Technology From Lernout &
Hauspie

Business Wire - July 20, 1998 03:01

BURLINGTON, Mass.--(BUSINESS WIRE)--July 20, 1998--

Contract Points to L&H's Popularity among Telecomm Providers

Lernout & Hauspie Speech Products (Nasdaq:LHSPF)(Easdaq:LHSP-ED)
(L&H) today announced that Ericsson has signed a software licensing
agreement under which L&H will provide Ericsson worldwide, including all
of its divisions and its affiliates, with speech recognition, text-to-speech and
speech compression technology. The telecomm giant selected L&H from a
field of speech technology vendors, underscoring L&H's growing market
dominance. Within the past quarters L&H has signed contracts to provide
speech technology to several telecommunications providers, including
companies such as Motorola, Deutche Telekom, Northern Telekom,
Intellivoice Communications and others.

"Telecommunications applications are an outstanding example of how a
speech user interface (SUI) can increase the power and ease of use of a
product," said Jan Ahrenbring, vice president marketing and communications,
Ericsson Mobile Communications. "By building SUIs into telecommunication
applications, not only can people talk to one another, but they can talk to their
communication devices and their devices can respond. We're working with
L&H because no one has accomplished more with speech technology than they
have."

"Our partnerships with telecommunication leaders like Ericsson is a natural,
just as speech is the natural user interface for a wide variety of applications,"
said Jerry Calabrese, president of L&H's Core Technologies Division.
"Devices such as cell phones, for example, often require hands-free operation
and are used in very busy environments. A speech user interface is an ideal
solution to address these challenges. "

L&H speech and language technology will be used in a wide variety of
telecomm applications, including:

-- hands-free dialing and automated directory assistance applications;

-- phone-based access to e-mail operations, and devices such as personal
digital assistants (PDAs) and caller ID systems that speak; and

-- applications that need compressed speech and music for storage or
transmission, including Internet telephony, videoconferencing, digital
answering machines, voice recorders and voice pagers.

Ericsson is expected to announce new products that incorporate L&H
technology in the future.

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