Check this out FONX, nasdaq stock trading at 5/16, 30.5M float, previous high 3.31.....
Tuesday October 19, 2:21 pm Eastern Time Company Press Release SOURCE: Fonix Corporation Microsoft Names Fonix as a Charter Member Of its Embedded Tools Partner Program Fonix Speech, Voice, and Handwriting Recognition Technologies to be Included In Applications Running on Microsoft's Windows CE SALT LAKE CITY, Oct. 19 /PRNewswire/ -- Fonix Corporation(TM) (Nasdaq: FONX - news), a leader in text-to-speech (TTS), automatic speech recognition (ASR) and handwriting recognition (HWR) technologies, today announced that Microsoft©, at its Embedded Partner Summit in Seattle, named Fonix as a charter member of its new third-party development-tool program for embedded systems developers. Fonix is the first and the only speech and handwriting software company currently participating in the program.
As a member of the Microsoft Embedded Tools Partner Program, Fonix is integrating its core technologies into the Windows CE platform builder. This will allow Windows CE developers to create applications for industrial and consumer devices such as PDAs, set top boxes, Kiosks, and mobile computing devices using Fonix speech recognition, text-to-speech, and handwriting recognition.
``Fonix has successfully ported its speech technologies to silicon chips. Currently, our core technologies are operating on several microprocessors, such as the Intel StrongArm 1100, and now we are developing solutions for Windows CE,' said D. Lynn Shepherd, vice president of engineering at Fonix. ``Because of Fonix's low power requirements and small memory footprint, product developers can integrate speech into applications that previously did not have the computing power to process speech. Microsoft recognized this competitive advantage offered by Fonix and included Fonix in its Embedded Partner Program', said Shepherd.
As part of the Fonix product plan, several products utilizing Fonix core speech ASR, and handwriting recognition technologies have been aimed at the embedded systems markets. Initial product areas have focused on these technologies running on 16 and 32-bit processors and include command and control for PDA's, cell phones, web pads, automotive, aviation, smart appliances and consumer electronics which operate in the Windows CE environment. Using Fonix integrated development environment software (named FAAST) for embedded environments, product developers can quickly develop, optimize, and integrate ASR, TTS, and HWR into their products.
Benefits of the Embedded Tools Partner program include technical assistance and access to early releases of Microsoft software. A special focus of the programs is support for integration of partner products with Microsoft development tools. The program also offers co-marketing opportunities for members including advertising, partner catalogs, case studies, and seminars.
For more information visit the Fonix Web site at www.fonix.com or Microsoft at www.microsoft.com/windowsce.
About Fonix Corporation
Fonix(TM) Corporation (Nasdaq: FONX - news) develops and markets software products that enable intuitive human interaction with computers, consumer electronics, and other intelligent devices. Leading chip manufacturers, independent software and hardware vendors, and Internet content providers incorporate Fonix technologies to make their products easier and more convenient to use. Fonix products, including text-to-speech (TTS), automatic speech recognition (ASR), and handwriting recognition technology, provide the most natural communication solutions available. Fonix solutions can be easily implemented on multiple hardware and software platforms via the Fonix FAAST(TM) (Fonix Advanced Application Speech Toolkit) software development kit. For more information visit www.fonix.com or call (801) 553-6600.
Note: The statements released by Fonix Corporation that are not purely historical are forward-looking within the meaning of the ``Safe Harbor' provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's expectations, hopes, intentions, and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company's business prospects and performance. It is important to note that the Company's actual results could differ materially from those in such forward-looking statements. For example, Microsoft could name other speech recognition developers to its Embedded Partner Program whose technologies could be chosen by third-party developers and Microsoft customers, Fonix cannot presently determine which developers, if any, will choose to use Fonix technologies in their development programs, and developers may not develop applications which produce significant revenues to Fonix. Other risk factors including general economic, competitive, governmental, and technological factors as discussed in the Company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The Company does not undertake any responsibility to update the forward-looking statements contained in this release.
SOURCE: Fonix Corporation |