USRF rocks along...try this one on phor size!!!
Preferred Voice, Inc. (OTC BB:PFVI)
This company is just about to get hot and I do mean hot. We should start seeing news as early as next week. Smart traders are already buying in and I like their chances of hitting the 5.00 level in the near future.
This one could go fast so I'm not waiting any longer to get in.
biz.yahoo.com Company Profile
Preferred Voice, Inc. (the "Company"; OTC Bulletin Board "PFVI") has
developed a series of proprietary “value-added” telecommunication services utilizing speech recognition technology in new and exciting ways. Recently, the Company successfully integrated these services into a low-cost plug-and-play, PC-based system that it refers to as the Voice Integrated Platform (VIP). The Company believes VIP offers telecommunication providers such as Cellular and PCS Carriers (Wireless), Competitive Local Exchange Carriers (CLEC's), Independent Local Exchange Carriers (ILEC's) and Inter-exchange Carriers (IXC's) a significant competitive advantage with which to increase and maintain their customer base. PFVI's unique platform can be co-located in a service bureau configuration with existing central office switching equipment, and/or operate effectively in a stand-alone environment connected by Centrex T's. The platforms will not be sold; rather the Company will offer the VIP services to end-users directly or through distributors to take advantage of the benefits of recurringrevenues.
Headquartered in Dallas, Texas, the Company was incorporated in Delaware in 1992. PFVI plans to build a successful telecommunications company offering long-distance and telemanagement services in conjunction with its unique speech recognition services by establishing strategic alliances with CLEC's and other telecom providers. These strategic alliances will encompass co-location, co-marketing, and facilities purchases. The Company became public on August 14, 1995 thru a public company dividend spin-off.
The Company's authorized capital stock consists of 20,000,000 shares of common stock, $0.001 par value per share. As of September 30, 1998, 7,304,885 shares of common stock were issued and outstanding.
The Company began operations in April 1995. The initial PFVI Business Plan focused upon traditional 1+ long-distance sales to end-users and the development of leading-edge speech recognition products to enhance its long-distance services. Toward this end, the Company formed a strategic alliance with Voice Control Systems, Inc. (NASDAQ: VCSI), the leading provider of speech recognition and speaker verification technology to the telecommunication industry. The Company engaged Brite Voice System Inc. (NASDAQ: BVSI) to develop and deliver the Company's speech recognition application software through a service bureau agreement. In July 1996, the Company determined that Brite could not provide the technological solutions that PFVI was committed to. Therefore, the Company decided to rewrite its software and develop its own hardware platform in order to exploit its proprietary call flow functions. To accomplish its objectives, the Company revised its core technology agreement with Voice Control Systems, Inc. and retained the services of a Dallas-based software
development and hardware supplier to convert PFVI's call-flow design and to develop the Company's unique hardware platform. The first VIP system containing the Company's proprietary, release-link technology, long-distance call termination, and speech recognition software technology was successfully Beta tested in December 1997.
As the intense competition between cellular carriers, PCS carriers, LEC's, CLEC's, voice mail, telephone answering, pager companies and IXC's accelerates, and as price becomes less of a differentiating factor, the need for cost-effective products and services will become more important. From this perspective, "speech recognition" may represent the next playing field upon which industry participants will compete.
Over the last 120 years, only three basic methods of using the telephone have been employed. First, the human operator processed the call. Second, rotary dialing became the standard. Third, touch-tone (i.e.: DTMF) became standard. PFVI will market its speech recognition technology as the next generation dial tone (i.e.:
calling method). In addition to the use of speech recognition, which speeds the completion of calls, the Company has designed and developed several technological breakthroughs for the placement and routing of long-distance calls that are not currently available on other platforms.
In addition, VIP can be the technological and economical answer to the demands of today's telecommunication user from single location to multi-internationalapplications. The Company is focusing its marketing efforts upon providing speech recognition-based products and services thru domestic and international inter-exchange carriers, local exchange carriers, wireless providers and master distributors. Target markets can be divided into two major categories: end-users that can utilize the VIP services to reduce costs and increase functionality; and telecommunication providers that will market VIP
's services to protect their customer base and increase their revenue.
The Company estimates that its potential market is over $3 billion and growing. The initial projections address less than 1% of this market. The Company believes that this target is conservative and achievable. PFVI has a number of competitors for the individual services it offers, but knows of no other competitor who currently has the same diversity of services available commercially. Currently the Company is pursuing trademarks, copyrights, and patents on its services and applications.
THIS IS A WINNER IN MY BOOK....get it bephore it gets too HOT!!
Phatt Jake |
