Registry Magic Signs World's Largest Independent Interconnect Distributor
Teleco to Market and Sell Virtual Operator Through More Than 200 Dealers to Over Half a Million Customers
BOCA RATON, Fla., Feb. 10 /PRNewswire/ -- Registry Magic® (Nasdaq: RMAG - news), a leader in conversational speech recognition products and services, announced today it has entered into a definitive distribution agreement with Teleco to market and sell its proprietary Virtual Operator® product.
This agreement calls for significant annual volume commitments and allows Registry Magic to distribute the Virtual Operator through Teleco's international dealer network of more than 200 locations and a customer base of more than half a million.
''We chose Registry Magic to be our partner for speech recognition products because we found their product to be the leader in accuracy, simplicity and price performance, and their support to be responsive and reliable,'' said Bill Rogers, Teleco's Founder, CEO and President. ''We believe in making our customers stronger by turning communications from a cost of doing business to a powerful competitive tool. The Virtual Operator does just that by helping customers reduce their operational cost and increase productivity at the same time.''
Founded in 1981, Teleco has dealers located throughout North America and Europe that market and sell a range of products including telephone systems, voice processing products, IVR systems and computer telephony products.
''Teleco is a strong distribution partner for Registry Magic,'' said Bill Burbank, Registry Magic's Vice President of Worldwide Sales and Marketing. ''We are excited to expand the sales of the Virtual Operator through Teleco's national distribution coverage, complementary products and commitment to customer service.''
The Virtual Operator is an award-winning speech recognition telephone solution that performs the tasks of a live operator as it answers and routes calls for small, medium and large companies alike and eliminates the need for inefficient touch-tone menus. The Virtual Operator has earned an exceptional amount of industry accolades including Product of the Year for two consecutive years and named a ''national treasure'' by the Smithsonian Institution. Most recently the Virtual Operator earned an Editor's Choice Award by Teleconnect Magazine being described as the ''voice recognition auto attendant that is easy to set up, easy to use and affordable.''
About Teleco
Teleco, with corporate headquarters in Greenville, South Carolina, has over $500 million annually in combined dealer revenues and services over 500,000 customers through more than 200 dealers located throughout North America and Europe. Among other products, Teleco manufactures and distributes the Perfect Voice® family of voice and fax processing solutions and distributes Teleco branded telephone systems, Lucent (NYSE: LU - news) telephone systems and Brooktrout (Nasdaq: BRKT - news) computer telephony products. For more information on Teleco, please call 1-800-6159 or visit the Web site at www.teleco.com.
About Registry Magic
Registry Magic, with corporate headquarters in Boca Raton, Florida, is an industry leader in conversational speech recognition products and services. The company's award-winning products, based on proprietary technologies, understand the spoken word making it easy to access data and perform human- like tasks. For more information on Registry Magic, please call 1-888-RMAGIC- 8 or visit the Web site 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 contained herein speak only as of the date of this release and are subject to risks set forth in Registry Magic's reports filed with the Securities and Exchange Commission. Registry Magic expressly disclaims any obligations 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.
SOURCE: Registry Magic
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