Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: BarbaraT who wrote (32331)	4/26/2000 2:43:00 PM
From: Stock Watcher	Read Replies (1) \| Respond to of 52051

Barbara; thanx for FONX/Panasonic update; tight spread 1.72 X 1.73 + .56....exciting news: Wednesday April 26, 1:21 pm Eastern Time Company Press Release SOURCE: Fonix Corporation Panasonic Consumer Products to Include Fonix Speech-Enabling Technologies; Fonix and Panasonic Sign First License Contract for Embedded Solutions SALT LAKE CITY, April 26 /PRNewswire/ -- Fonix Corporation (OTC Bulletin Board: FONX - news) announced today an agreement with Kyushu Matsushita Electric Co., Ltd. (KME), best known in the U.S. by the Panasonic brand products it produces, to integrate Fonix speech technologies into Panasonic consumer and commercial electronic products manufactured by KME. The signing of the license agreement is the result of a collaborative product development effort between the two companies designed to provide the highest-quality speech-enabled consumer and commercial electronic products. These products will be distributed initially under the Panasonic brand. About Fonix Corporation Fonix Corporation (OTC Bulletin Board: FONX - news) develops and markets software products that enable intuitive human interaction with computers, consumer electronics, and other intelligent devices. Leading chip manufactures, 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 Application Accelerator Speech Toolkit) software development kits. For more information visit www.fonix.com or call (801) 553-6600. About Panasonic/KME Panasonic is the best known U.S. brand name of Japan-based Matsushita Electric Industrial Co., Ltd. (NYSE: MC - news; MEI), one of the world's leading producers of electronic and electric products for consumer, business and industrial use. Kyushu Matsushita Electric Co., Ltd., is a publicly traded MEI affiliate and one of the world's largest suppliers of fax machines, phones and answering machines and other information technology products. Additional information on Panasonic and Matsushita Electric is available at www.panasonic.com. 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. Risk factors specific to this release include those inherent in creating a new working relationship with an industry partner, uncertainty and confusion which can result when the principal language of the partner (Japanese) is different from that spoken by the majority of the employees of the Company, difficulties arising in the course of integrating the Company's technologies into KME's target consumer and commercial electronics products, delays incurred in connection with such integration which may impact production and shipping of products and other similar risks associated with new production introduction. 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.