To: esecurities(tm) who wrote (910 ) 12/21/1997 5:15:00 PM From: esecurities(tm) Read Replies (1) | Respond to of 4231
Issues of Fact: Kurzweil and Alpha Announce Strategic Alliance 12-06-96 Kurzweil Applied Intelligence, Inc. and Alpha Software Corporation, > > Burlington, Mass., Tuesday announced they have entered into a strategic > > alliance to develop, market and support a full line of voice recognition > > software products that will be available through the PC retail channel. > > > > These new business software applications will allow users to seamlessly > > integrate voice input with the keyboard and mouse, creating a more dynamic > > and productive approach to PC computing. > > > > "We are very pleased to be able to announce this strategic alliance," said > > Thomas E. Brew, Jr., president and CEO of Kurzweil AI. "Alpha Software > > has a long standing reputation for quality products, effective marketing > > and satisfied customers. Working closely with them, we expect that retail > > distribution for our existing products, Kurzweil VoicePad Pro for Windows > > Release 1.0 and Kurzweil VOICE for Windows Release 2.5, will expand. We > > are also going to move quickly to introduce additional voice-enabled > > products with Alpha. This relationship will reinforce our leadership > > position in the rapidly emerging voice recognition software product > > category." > > > > "Kurzweil AI is both a pioneer and a current leader in the voice > > recognition field," said Richard Rabins, co-chairman of Alpha Software > > Corporation. "Their existing products, Kurzweil VoicePad Pro and Kurzweil > > VOICE, are outstanding examples of best-of-breed' software. We are going > > to work closely with Kurzweil AI to deliver a full line of voice-enabled > > business applications, and to establish the standard for products in this > > exciting new market." > > > > Kurzweil VoicePad Pro for Windows Release 1.0 is the world's first > > voice-enabled word processing application. The product allows users to > > create memos, letters, reports and other documents simply by speaking into > > a microphone attached to their PC. With Kurzweil VOICE for Windows > > Release 2.5, users can voice-enable their entire Windows-based PC. The > > product supports voice input for navigation and dictation, and it works > > with Windows 95 and 3.1x as well as any Windows software application. > > Alpha Software will leverage its strong retail distribution relationships > > to bring both products to market. They will initially be available at > > CompUSA and other leading retailers nationwide beginning in December 1996. > > > > Alpha Software Corporation, founded in 1982, develops and markets software > > that empowers users to solve complex problems. Alpha Software released > > the new beta version of Alpha Five Version 3 in October 1996. Alpha > > Software also markets Alpha Five 2.0 for Windows 95, Alpha Five 1.0 for > > Windows 3.1 and Alpha Four for DOS. Other Alpha Software products include > > Complete Home Designer, a virtual reality, 3D home design software program > > announced in February 1996, and NetMailer, an Internet email-merge and > > contact management software product announced in August 1996. Alpha > > Software's latest release, PowerCleaner, is a powerful disk cleaner > > utility that began shipping in October 1996. In October 1996, Alpha > > Software announced its Internet Services Division which is focused on web > > tools, applications and services for small to medium sized businesses and > > enterprises. > > > > Kurzweil Applied Intelligence, Inc., headquartered in Waltham, Mass., was > > founded in 1982. The Company develops, markets and supports automated > > speech recognition software used to create documents and interact with > > computers by voice. Kurzweil VOICE is an easy-to-use voice recognition > > system for Windows-based PCs, and Kurzweil VoicePad Pro for Windows is a > > voice-enabled word processing application.