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

To: Seth49 who wrote (128)	6/1/1998 11:38:00 AM
From: Pirate	Read Replies (1) \| Respond to of 194

Headline: Preferred Voice, Inc. and e.spire Communications, Inc. Sign Collocation Agreement Creating the First National Telecom Network to Offer Speech Recognition ====================================================================== DALLAS--(BUSINESS WIRE)--June 1, 1998--Preferred Voice, Inc. (OTC/BB:PFVI), a developer and marketer of proprietary telecommunication services utilizing speech recognition technology, headquartered in Dallas, Texas, and e.spire Communications, Inc. (Nasdaq/NMS:ESPI), formerly "ACSI," a leading provider of integrated communication solutions, including dedicated access, local dial tone, long-distance, advanced data, Internet, and networking solutions, headquartered in Annapolis Junction, Md., today announced a master collocation and facilities purchase agreement. The agreement enables Preferred Voice to offer its speech recognition and voice verification enhanced products and services through the e.spire network of 17 Lucent 5ESS2000 switch cities and 37 points of presence cities throughout the United States. According to G. Ray Miller, president and chief executive officer of Preferred Voice, "Today's agreement gives us the infrastructure for rapid nationwide market penetration, including installed CLEC (Competitive Local Exchange Carrier) facilities and switches, with local access at fixed rates. It also provides for a substantial purchase agreement of national and international long-distance services." Preferred Voice provides quality enhanced speech recognition services such as voice activated auto attendant and corporate directory systems. The company also provides businesses with low cost voice activated long-distance service to and from any phone including cellular and pay phones. Preferred Voice also provides a cellular debit service which offers pre-paid cellular end users low cost long distance and local air time. Miller stated that Preferred Voice has begun offering its services to customers in the Tampa, Clearwater, and St. Petersburg, Fla., areas. With the e.spire agreement, Preferred Voice expects to install its Voice Integrated Platforms (VIP) in 24 additional cities over the next 12 months. To provide these services, the company has developed the Voice Integration Platform (VIP) as a modular PC Windows NT system which combines the company's proprietary software with the technology and algorithms developed by Dallas-based Voice Control Systems, Inc. (Nasdaq/NMS:VCSI). Pete Foster, president and chief executive officer of Voice Control Systems, stated, "This agreement should give e.spire a big, competitive advantage over other local exchange carriers. Plus, it will introduce a lot more businesses to the benefits of speech recognition."