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Politics : Moneymade's Champagne Room -- Ignore unavailable to you. Want to Upgrade?

To: lakers17 who wrote (165)	4/28/2004 9:43:21 AM
From: dkgross	Read Replies (1) \| Respond to of 4703

One Voice Corporate Update Wednesday April 28, 9:15 am ET SAN DIEGO--(BUSINESS WIRE)--April 28, 2004--One Voice Technologies, Inc. (OTCBB:ONEV - News) Chairman and CEO Dean Weber, today issued the following corporate update: "We are pleased to provide our shareholders with the following corporate update on sales prospects and funding requirements. The following is a summarization of these topics. "Regarding funding, in December, 2003 One Voice secured a financing package for an aggregate amount of $2.75M. This amount we feel is sufficient to last throughout the remainder of 2004. We are working closely with our investor and if more funds are required, throughout this year or into 2005, we are confident these additional funds will be available. Although we continue to rely on outside funding, and will throughout 2004, we are diligently working to close revenue contracts to offset the amount of funding required. Additionally on the finance side, we have recently changed our independent auditor firm and hired San Diego based Peterson & Company, LLP as our new independent auditor to provide our ongoing quarterly and annual financial reports. "In the telecom sector, in February, 2004 we hired two top sales executives to lead our telecom sales initiatives. Jack Johnson joined the company as Vice President of Telephony Sales and Rick Stone as Vice President of Telephony Business Development, North America. Both Jack and Rick have numerous years of telephony sales experience and a proven track record in closing carrier deals. In just two months of employment at One Voice, Jack and Rick have closed our first revenue generating carrier contract with Golden State Cellular. This accelerated sales cycle is due in part to Jack and Rick's industry relationships combined with our innovative MobileVoice(TM) carrier product. We welcome Jack and Rick on-board and anticipate their continued success in this sector. "We recently attended the CTIA Wireless 2004 tradeshow and exhibited at the Rural Cellular Association (RCA) tradeshow. I was very pleased to see the positive response from potential carrier customers regarding One Voice's products and the many contracts that we now have out to potential customers for review. At these shows, One Voice impressed potential customers and showed our industry leadership in voice recognition by demonstrating both our MobileVoice carrier product along with our Windows XP Media Center Edition PC product and the seamless voice recognition and E-mail integration from both a mobile phone and from a PC. One Voice is delivering on the powerful vision of enabling both mobile phones and digital home entertainment systems with the ability to instantly communicate with friends, colleagues and family members, all by voice! "In summary, as a company we have had many challenges over the last several years and I am glad to see that One Voice is turning the corner in sales and beginning to close revenue-generating deals. I believe there is a brighter outlook for our company in 2004 now that we have secured financing, commercially viable products and a proven/experienced sales team. As always, I wish to thank all the shareholders for your continued support of One Voice." About One Voice Technologies, Inc. One Voice Technologies, Inc. (OTCBB:ONEV - News) is the world's first developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets. Our Intelligent Voice(TM) solutions employ revolutionary, patented technology that allows people to send messages (E-mail, SMS, Instant Messaging and paging), purchase products, get information and control devices -- all by using their voice. The company is headquartered in San Diego, California. For more information, please visit onev.com FORWARD-LOOKING STATEMENT DISCLAIMER Some of the statements made in this press release discuss future events and developments, including our future business strategy and our ability to generate revenue, income and cash flow, and should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These "forward-looking" statements can generally be identified by words such as "expect," "anticipate," "believe," "estimate," "intend," "plan," and similar expressions. These statements involve a high degree of risk and uncertainty that exists in the Company's operations and business environment and are subject to change based on various factors that could cause actual Company results, performance, plans, goals and objectives to differ materially from those contemplated or implied in these forward-looking statements. Actual results may be different from anticipated results for a number of reasons, including the Company's new and uncertain business model, uncertainty regarding acceptance of the Company's products and services and the Company's limited operating history. Contact: One Voice Technologies, Inc. James Hadzicki, 858-552-4466 x116 858-552-4474 (fax) pr@onev.com Source: One Voice Technologies, Inc.