SI
SI
discoversearch

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.
Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (118441)8/26/2003 9:58:39 AM
From: Buckey  Read Replies (1) | Respond to of 150070
 
iVoice Receives Notification of Patent Award for Second Name Dialer Application from U.S. Patent and Trademark Office
MATAWAN, N.J.--(BUSINESS WIRE)--Aug. 26, 2003--iVoice, Inc. (OTC
Bulletin Board: IVOC), a leader in speech recognition technology,
today announced receipt of a notice of allowance for a it's second
patent for Speech-Enabled Automatic Telephone Dialer using a seamless
interface with computer based address book programs such as
Microsoft(R) Outlook(R), without the use of PBX's. "As part of its
technology certification, this is the second award, with pending
applications for speech-enabled telephony applications submitted for
patent endorsement." Says Jerry Mahoney, of iVoice.
"The grant of these patents is centrally important to iVoice, Inc.
not only to defend its technology but also to leverage offensively in
the marketplace." added Mr. Mahoney. "We believe that any name dialer
solution sufficient to satisfy the minimum customer requirements will
require either a license from us under one or more of our patents or
many years of research and development in search of an alternative
solution." he furthered.
The patent award will mark a significant milestone in product
development for the iVoice technical staff and is the second in a
series of patents pending for its speech-enabled telephony
applications. With millions of worldwide users of contact management
programs such as Outlook(R), ACT(R), GoldMine(R), and other database
address books. iVoice is positioned to capture significant demand for
The Name Dialer which delivers increased worker productivity and
office efficiencies.
The iVoice Name Dialer is an automatic phone dialing system. The
system imports the necessary contact information for dialing (names
and phone numbers) from a variety of sources including, but not
limited to, Microsoft Outlook, ACT, and Gold Mine. The imported names
are then transcribed, through software, into a set of phonemes to be
used for voice recognition. When the end user picks up the handset,
the call is automatically transferred through the PBX, to the Name
Dialer software running on a server machine. The user simply says the
name of the person (whose name came from the contact list) and the
Name Dialer places the call.

About iVoice, Inc.

iVoice, Inc. designs, manufactures and markets innovative voice
activated computerized telephone applications for businesses and
corporate departments. Our Speech Enabled Auto Attendant allows
callers to contact their intended party using their spoken voice,
eliminating cumbersome dial by name or extension menus. Our
Interactive Voice Response (IVR) products allow information in PC
databases to be accessed via voice or from a standard touch-tone
telephone. iVoice products are designed to be simple for the end user
and provide a cohesive system to access messaging systems. The
company's goal is to become a leader in speech recognition technology.

NOTE: Any statements that are not historical facts contained in
this release are forward-looking statements. It is possible that the
assumptions made by management for purposes of such statements may not
materialize. Actual results may differ materially from those projected
or implied in any forward-looking statements. Such statements may
involve risks and uncertainties, including but not limited to those
relating to product demand, pricing, market acceptance, the effect of
economic conditions, and intellectual property rights, and the outcome
of competitive products, risks in product development, the results of
financing effort, the ability to complete transactions, and other
risks identified in this release, and the Company's Securities and
Exchange Commission filings.

--30--NM/ny*

CONTACT: iVoice, Inc.
Investor Relations
Dolores Serafin-Sloboda
1-732-441-7700 and say "Investor Relations"
investors@ivoice.com
www.ivoice.com

KEYWORD: NEW JERSEY
INDUSTRY KEYWORD: TELECOMMUNICATIONS PRODUCT
SOURCE: iVoice, Inc.

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire



To: Rocket Red who wrote (118441)8/26/2003 9:59:44 AM
From: Rocket Red  Read Replies (1) | Respond to of 150070
 
Livestar Entertainment Gr (U-LSTA) - News Release
Entertainment Investment Group Begins Process to Acquire LIVESTAR at $0.05 - $0.07/Share

VANCOUVER, BC -- (MARKET WIRE) -- 08/26/03

LIVESTAR Entertainment Group Inc. ("LIVESTAR" or the "Company") (OTC BB: LSTA) today announced that it has executed a Memorandum of Understanding ("MOU") with an entertainment investment group of businessmen led by The Sequel Nightclub owner, Terry Lall (the "TCAL Investment Group" or "TCAL") to offer to purchase a majority of the outstanding shares of LIVESTAR. Current discussions with TCAL include a planned purchase offer of between $0.05 - $0.07/share and these discussions include the executing of major plans for the Company. The Sequel Nightclub (the "Sequel") is the first nightclub LIVESTAR is in the process of acquiring according to its report on Form 8-K filed with the U.S. Securities and Exchange Commission on August 11, 2003.

According to the Founder, President and CEO of LIVESTAR, Mr. Ray Hawkins: "Since we first formed plans to acquire the Sequel in September of 2002, Mr. Lall and Company management have developed numerous strategies to make LIVESTAR the premier nightclub oriented live entertainment company in North America and then the world. The future plans of LIVESTAR beginning with the numerous developments that have been taking place have prompted the TCAL Investment Group to move up the timeline for its possible plans to bid for a controlling interest in LIVESTAR. "

According to Mr. Terry Lall, founder of The Sequel, "The value of the LIVESTAR business plan and the acquisitions that are being negotiated currently present an opportunity to act now rather than later. According to our research, the House of Blues is a company that generates 100's of millions of dollars a year with a similar business model to LIVESTAR. If we can successfully develop LIVESTAR to achieve just a portion of the House of Blues revenue base, we feel our move will be correct and the shareholders will be pleased. Over the upcoming 18 months, LIVESTAR plans to make major changes including the addition of new management, additional board members and standards committees, the acquisition of other major properties and brands, a possible application to be listed on a higher tier market and even the possible development of a real estate division to purchase the underlying property assets of the entertainment establishments of the Company."

The Company has conducted its initial due diligence and is satisfied with the resources available to Mr. Lall to make a successful bid for a controlling interest in LIVESTAR. A complete due diligence and subsequent closing period has been stated as 60 days from the date of the MOU. Terms of the MOU also provide for financing for the Company.

TCAL's expected offer remains subject to the parties successfully satisfying their respective due diligence requirements and reaching definitive agreements on the offer price and future plans for the Company. Upon the hopeful execution of a definitive agreement with the TCAL Investment Group the details and process of the offer will be provided for in a further press release and information statement to the shareholders and the public.

Mr. Lall also stated, "Mr. Hawkins and the other members of the LIVESTAR team have done a commendable job taking the Company from a difficult position to one with much promise. And the shareholders have been very patient. The business plan and proprietary concepts that LIVESTAR has developed are very unique and possess tremendous future value. It is time to improve the quality and chances of success for LIVESTAR by increasing its resources and internal skill sets and take an aggressive stance in its growth to ultimately add shareholder value."

In closing, Mr. Hawkins stated, "We are very pleased Mr. Lall and TCAL have decided to make LIVESTAR the home for their plans. Starting with the Sequel and other projects, LIVESTAR plans to rapidly execute its business plan. Management expects the majority of these efforts will commence in the final quarter of 2003 although many moves have already been initiated awaiting funding and execution. We believe the next 12 to 24 months are poised to be fruitful for the Company, thanks to the commitment of Mr. Lall and the TCAL Investment Group."

ABOUT LIVESTAR ENTERTAINMENT GROUP, INC.