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Technology Stocks : Registry Magic Systems- "RMAG" Voice Recognition

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To: Kat who wrote (2)11/24/1998 3:04:00 AM
From: Scrapps  Read Replies (1) of 118
 
New Technology Makes Registry Magic's Virtual Operator(R) More Affordable
Popular Speech Recognition Telephone Solution Answers Calls for Small and Large Companies Alike
BOCA RATON, Fla., Nov. 23 /PRNewswire/ -- Registry Magic (Nasdaq: RMAG - news), a leader in speech recognition technologies and products, announced today a dramatic price reduction of approximately 50 percent for the Virtual Operator. New and improved technology developed by Registry Magic has allowed the company to significantly lower costs and pass the savings on to the business marketplace.

Targeted at businesses with l0 to 500 employees per location, the Virtual Operator now becomes the industry leader in price performance and more affordable than ever to mainstream businesses, both small and large in size. Recognized by the industry, customers and telecom dealers for its leadership in accuracy and understanding natural speech, the Virtual Operator is available for purchase through an authorized nationwide telecom dealer network or for rent directly from Registry Magic.

Registry Magic's Virtual Operator is a turnkey, speech recognition auto attendant that attaches seamlessly to a business' telephone system and performs the tasks of a live operator. It can answer up to twelve calls at the same time, never takes breaks or vacations, eliminates the need for inefficient touch-tone menus and has the potential to save a company thousands of dollars in operational costs, improve customer service and enhance corporate image.

''The Virtual Operator is a communications breakthrough taking its place in the business market following the fax machine, voicemail and e-mail,'' said Bill Burbank, vice president of worldwide sales and marketing. ''Callers speak to the Virtual Operator as they would a real operator. In turn, the Virtual Operator listens and understands their natural speech and quickly transfers their call. We're very excited to make it affordable for almost any size business, especially those with a high volume of incoming calls and multiple locations.''

Utilizing a Microsoft NT and Dell platform and named a ''National Treasure'' by the Smithsonian Institution, the Virtual Operator continues to earn an outstanding number of industry awards and product certifications.

Registry Magic was founded in 1995 and provides businesses with conversational speech recognition technologies, products and services on a worldwide basis. The Company is a leader in developing realistic speech recognition applications that listen, understand and respond to the user, eliminating the need for touch-tone menus and allowing the world to access information using natural speech. For more information, please visit Registry Magic at www.registrymagic.com .

Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements. Readers are cautioned that such forward-looking statements involve risk and uncertainties including without limitation the general risks associated with the intense competition and rapid technological change characteristic of the computer telephony and speech technology markets. The forward-looking statements are also subject to risks set forth in Registry Magic's reports filed with the Securities and Exchange Commission. The forward-looking statements contained herein speak only as of the date of this release. Registry Magic expressly disclaims any obligation or undertaking to publicly release any updates or revisions to any such statement to reflect any change in expectations or any change in events, conditions or circumstances on which any such statement is based.
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