To: Rick Buskey who wrote (31956 ) 8/14/2000 9:02:08 AM From: OpusX Read Replies (1) | Respond to of 57584 anyone follow this company? Monday August 14 8:02 AM ET SpeechWorks to Sell System to First Union NEW YORK (Reuters) - SpeechWorks International Inc. (NasdaqNM:SPWX - news) said on Monday it had signed a deal for First Union Corp.(NYSE:FTU - news), the No. 6 U.S. bank holding company, to use its speech recognition system for telephone transactions. Financial terms of the deal were not disclosed. First Union's current touch-tone system handles more than 110 million calls a year, SpeechWorks said in a statement. Under the new system, customers will be able to access account information and conduct transactions by speaking into the phone. ``With the addition of SpeechWorks, we can give our customers enhanced services while attracting future customers who realize the importance of quick and easy access to account information and funds,'' said Aaron Gani, vice president and leader of the enterprise call center technology team at First Union. Under the deal, First Union bought more than 3,700 ports of SpeechWorks software. The system is currently set to begin operating in the last three months of the year. Shares of SpeechWorks, which debuted on the Nasdaq stock market earlier this month, closed down 18-15/16 at 75-1/2 on Friday. The stock has traded as high as 108-1/2, since its initial public offering priced at $20 per share. Email this story - (View most popular) | Printer-friendly format Archived Stories by Date: Aug 13 Aug 12 Aug 11 Aug 10 Aug 09 Aug 08 Aug 07 Aug 06 Aug 05 Aug 04 Aug 03 Aug 02 Aug 01 Jul 31 Jul 30 Jul 29 Jul 28 Jul 27 Jul 26 Jul 25 Jul 24 Jul 23 Jul 22 Jul 21 Jul 20 Jul 19 Jul 18 Jul 17 Jul 16 Jul 15 Jul 14 Opus