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Technology Stocks : LHSP: Lernout En Hauspie -- Ignore unavailable to you. Want to Upgrade?


To: Sky who wrote (413)12/9/1997 12:31:00 PM
From: Nick  Read Replies (1) | Respond to of 2467
 
Tuesday December 9, 9:49 am Eastern Time

Company Press Release

Lernout & Hauspie Announces Public Statement

IEPER, Belgium--(BUSINESS WIRE)--Dec. 9, 1997--European wire services on December 5th
quoted Jo Lernout, the Company's co-chairman, as stating at a conference in Brussels that the
Company expected to reach analysts' expectations for 1997 and 1998.

The Company has a policy against public projections of future financial performance, which are
inherently subject to market conditions and other factors, and does not intend to publish projections
of financial performance in the future. The reported comments were not authorized. Current and
prospective investors should not rely on the comments reported in the wire service articles.

About Lernout & Hauspie

Lernout & Hauspie Speech Products (L&H) is an international leader in the development of
advanced speech technology for various commercial applications and products. The company is
divided into four divisions: core technologies; dictation, a division dedicated to discrete and
continuous speech offerings; translation services and products; and Internet services. Its four core
technologies are automatic speech recognition (ASR), text-to-speech (TTS), digital speech
compression and text-to-text (translation).