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

To: Justin Banks who wrote (1246)	6/16/1998 11:39:00 AM
From: geert	Read Replies (1) \| Respond to of 2467

Lernout & Hauspie, Intellivoice Team Up to Provide Telephony, E-Mail Enhancements in New Languages Hands-Free Dialing, Voice-Enabled E-Mail and Automatic Call Completion to be Available in Seven Languages BURLINGTON, Mass. and ATLANTA--(BUSINESS WIRE)--June 16, 1998-- Lernout & Hauspie Speech Products (NASDAQ:LHSPF - news; Easdaq:LHSP-ED) (L&H), a worldwide market leader in speech and linguistic technologies, products and services, and Intellivoice Communications Inc. signed a licensing agreement this week under which L&H has agreed to supply its Automatic Speech Recognition (ASR) and Text-to-Speech (TTS) engines in seven languages for Intellivoice's communications products. The deal should strengthen L&H's position in the telephony market and extend the global reach of Intellivoice's consumer communications products. ''Telecommunications is one of the largest and fastest-growing markets for speech and language technology, and Intellivoice is a leading U.S. company serving that market,'' said Gerry Calabrese, President of L&H's Core Speech Technologies Division. ''We are looking forward to working with Intellivoice to provide advanced telephony solutions -- now in multiple languages.'' ''We are excited about our partnership with Lernout & Hauspie, as their linguistic and technological resources will help Intellivoice as we continue deploying our speech recognition products in the international marketplace,'' said Beth Abernathy, president and Chief Operating Officer of Intellivoice. Intellivoice has licensed L&H's continuous speech recognition and text-to-speech engines for use in various telephony applications. Intellivoice's current offerings include: EasyDial(tm), a voice-activated dialing and navigation system that enables drivers to place telephone calls and control phone features while keeping their hands on the wheel. Persona(tm) E-mail Reader, which reads e-mail to recipients calling in from any telephone. Users can search e-mails, skip them, adjust speed at which they are read, and respond -- all through naturally spoken voice commands. InfoDial(tm), which bridges the gap between callers and directory assistance. It automatically ''completes'' directory assistance calls after the number is read. It also enables customers to automatically retrieve the name and address that matches any number on their phone bill or in their caller ID database. L&H has licensed speech-recognition and text-to-speech engines to Intellivoice in the following languages: American English, British English, Spanish, Dutch, French, German and Italian. About Intellivoice Intellivoice Communications Inc., a privately-held firm headquartered in Atlanta, is focused on developing industry-leading speech recognition applications such as voice-activated dialing services, operator services and conversational user interfaces. The company's voice dialing service is marketed under the EasyDial(tm) and TalkDial(tm) brand names and its operator services under the InfoDial(tm) name. Intellivoice's conversational user interfaces are marketed under the Persona(tm) brand name. For more information, please visit Intellivoice's Web site at www.intellivoice.com. About Lernout & Hauspie Lernout & Hauspie Speech Products (L&H) is a global leader in advanced speech and language solutions for computers, automobiles, telecommunications, embedded products, consumer goods and the Internet. The company is making the speech user interface (SUI) the keystone of simple, convenient interaction between humans and technology, and is using advanced translation technology to break down cultural barriers. L&H's products and services originate in four basic areas: automatic speech recognition (ASR), text-to-speech (TTS), digital speech and music compression (SMC) and text-to-text (translation). For more information, please visit Lernout & Hauspie on the World Wide Web at www.lhs.com. This Press Release contains forward-looking information, including statements regarding L&H's expectations and intentions concerning the development and commercialization activities of certain of its customers. Readers are cautioned that such forward-looking statements involve known and unknown risks and uncertainties, including, without limitation, the ability of L&H's customers to successfully develop products incorporating L&H's technology. Moreover, there can be no assurance that if developed, such customers will be able to commercialize any of these products successfully. The forward-looking statements are also subject to risks set forth in L&H's reports filed with the Securities and Exchange Commission. The forward-looking statements contained herein speak only as of the date of this Press Release. L&H expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statement to reflect any change in L&H's expectations or any change in events, conditions or circumstances on which any such statement is based. All product names and trademarks mentioned herein are trademarks of L&H and Intellivoice, and their respective subsidiaries. --------------------------------------------------------------------------------