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Technology Stocks : Voice Control Systems, Inc (VCSI) -- Ignore unavailable to you. Want to Upgrade?

To: John T. Hardee who wrote (101)	3/20/1998 7:29:00 AM
From: Dan Markel	Read Replies (1) \| Respond to of 194

Fulltext release (see bold): Voice Control Systems and Siemens Join Technologies to Deliver Speech-Enabled Services to Telephone Companies Around the Globe DALLAS (March 19) BUSINESS WIRE -March 19, 1998 VCS' Advanced Speech Recognition Technology Renders Highest Quality, Most Complete Foreign Language Offering to the World's Leading Supplier of Telephone Switching Systems --Voice Control Systems, Inc. (NASDAQ:VCSI), a leading developer of speech recognition and speech software platforms, and Siemens Public Communication Networks Group, one of the world's leading providers of solutions for telecommunications infrastructure systems, today announced that they have successfully completed the integration of VCS' speech recognition technology with Siemens' EWSD digital telephone switching system. This integration is the base to provide more than 180 telephone companies in 93 countries with advanced, speech-enabled subscriber services, resulting in more convenient, user-friendly, globally available telephone services. "We needed an extremely robust and accurate speech recognition solution that would support our customers all over the world," said Dr. Peter Tollkuehn, technical director, Siemens Public Communication Networks. "We decided to integrate VCS' technology into the EWSD system because it meets our requirements concerning the accuracy rate of word recognition, and it opens the access to the most complete offering of languages in the industry." Using high-density discrete digits and commands recognition, the same technology found in VCS' SpeechWave(TM) Fundamental speech software platform, Siemens will provide an EWSD integrated voice processing system for the deployment of a wide variety of interactive voice response applications to telephone companies around the world. These capabilities will allow end-users to control various enhanced subscriber services such as call forwarding and screening and the automation of operator services, using the most natural form of communication available, speech. "VCS' speech recognition technology delivers to global markets the most accurate speech databases encompassing the largest number of foreign languages," said Peter Foster, president and chief executive officer, Voice Control Systems. "Our unique approach to building internationally deployable speech recognizers sets the standard in delivering exceptional accuracy and noise tolerant recognition across accents and dialects," continued Foster. "Through VCS' work with Siemens, many international markets will gain access to IVR functionality which will encourage the acceptance and global application of speech recognition in mainstream business communities." Voice Control Systems is a leading speech software platform provider, offering vocabularies in over 50 languages with more than 2.5 million recognizers, including 500,000 in telecom, installed in 30 countries. Speech-driven applications using VCS products are used today in telecommunications, automotive, consumer electronics, and interactive multimedia software to enable computers and electronic devices to understand and process human speech. VCS is headquartered in Dallas, Texas, with regional offices in Cambridge, Massachusetts, and Portsmouth, England. The company's stock is traded on the NASDAQ National Market System under the symbol VCSI. For more information visit the company's web site at voicecontrol.com. Siemens Public Communication Networks Group is one of the world's leading providers of solutions for telecommunications infrastructure systems. In 1997, the group had revenues of 14.5 billion DM and 35,000 employees. With over 150 million telephone lines in EWSD technology, Siemens Public Communication Networks Group is a world market leader in digital switching systems. Visit the web site of Siemens Public Communication Networks group at oen.siemens.de.