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Technology Stocks : General Magic -- Ignore unavailable to you. Want to Upgrade?


To: d. alexander who wrote (2361)6/20/1998 3:02:00 PM
From: Pirate  Read Replies (2) | Respond to of 10081
 
DANA POINT, Calif.--(BUSINESS WIRE)--June 20, 1998--General
Magic, Inc. (NASDAQ:GMGC) will demonstrate a prototype screen
telephone that harnesses the power of magicTalk(tm), the Company's
intelligent, natural language voice user interface (VUI), in an
information appliance designed for consumers.
Code-named "Magic Phone(tm)," the prototype will be shown to
attendees of Upside/David Coursey's Digital Living Room at the
Ritz-Carlton Hotel Laguna Niguel in Dana Point, Calif.
The Magic Phone prototype demonstrates the extensibility of the
magicTalk VUI and is designed to offer home users a targeted feature
set of General Magic's forthcoming Portico service. Inexpensive
devices based on the Magic Phone prototype may someday enable home
consumers to retrieve customized information services -- including
traffic reports, stock quotes, news, local weather, movie listings,
email, voice mail and more -- simply by asking for them. Unlike screen
phones currently on the market, Magic Phone is voice-activated and
does not require a web browser, keyboard or stylus.
"Magic Phone is an interesting example of how the magicTalk voice
user interface could be extended into a single, low-cost, consumer
device for the home," said Steve Markman, CEO, president and chairman
of General Magic, Inc.
"We are looking forward to testing the prototype with consumers
and learning how best to expand General Magic services into the home
environment. By using Magic Phone to extend Portico into the home, we
create additional market opportunities for our service offerings. I am
also pleased that we were able to leverage some of our development
efforts originating from the Magic Cap operating system and hardware
with our ongoing efforts in agent and voice technologies."
With its magicTalk VUI, the phone device will offer the
convenience of hands-free operation and control. A parent holding an
infant, for example, could simply tell Magic Phone to "call my
pediatrician." Utilizing Internet telephony technology will also allow
Magic Phone users to call each other across the Internet, thus
avoiding long distance charges.
"Magic Phone could allow consumers to check the weather, get
traffic updates and perform other information-gathering chores without
the hassle of booting up a computer and going online," said David
Coursey, host of the Digital Living Room Conference. "Coupled with a
consumer version of Portico, this product concept could be a real hit
by bringing the power of the Web to millions more users."
The Magic Phone prototype shown at the Digital Living Room is
approximately the size of an office desk phone (8" x 11" x 2"). It
features a backlit one-quarter VGA (240 x 320 pixels) grayscale LCD
screen and incorporates a speakerphone, digital answering machine and
built-in voice-activated phone book capable of storing more than 100
entries. As now envisioned, Magic Phone hardware would be coupled with
a subscription consumer service modeled after Portico.
General Magic will test the prototype with focus groups to
determine exactly which features and functions consumers would want
most in an intelligent screen phone system.

About Portico

The Company has announced that the Portico service is expected to
be available on July 30. It is designed for today's mobile
professional workforce and enables users to access, retrieve and
redistribute information across computer and telephone networks using
any telephone and a normal speaking voice through the magicTalk VUI.
Portico integrates voice mail, email, address books, and calendars as
well as public information from the Internet, major wire services and
other sources.



To: d. alexander who wrote (2361)6/20/1998 5:00:00 PM
From: cool  Read Replies (1) | Respond to of 10081
 
that scan feature is under "gap leaders"
link at bottom of MarketWatch--I don't know
if it is available without Level II---

General Magic seems to have a whole bunch of tricks
up it sleeves.