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Technology Stocks : Noise Cancellation Technology (NCTI) -- Ignore unavailable to you. Want to Upgrade?

To: Scott Ozer who wrote (2204)	7/13/1998 11:17:00 AM
From: Jason Flora	Read Replies (1) \| Respond to of 2775

NCTI Licenses Clearspeech Algorithm to NCC for Use With Digital Dictate Voice Recognition Dictation Software Line Business Wire - July 13, 1998 11:07 STAMFORD, Conn.--(BUSINESS WIRE)--July 13, 1998--Noise Cancellation Technologies, Inc. (NASDAQ:NCTI) today announced a license agreement with NCC, Inc. NCT will license its ClearSpeech(TM) algorithm for integration into NCC's Digital Dictate(TM) voice recognition dictation software line. NCT will receive royalties on each unit sold from NCC. The Digital Dictate(TM) product line utilizes IBM's ViaVoice 98(TM) voice recognition technology and Sony's digital recording technologies. The programs are the only software on the market today that allow the user to dictate directly into any Windows(R) program. The ClearSpeech algorithm, integrated into the software, cleans background noise from the recorded voice signal before transcription occurs, dramatically improving accuracy rates. "NCC's Digital Dictate programs set the standard for voice dictation software and we are constantly seeking out technological innovation to enhance our product offerings," said Mike Davis, President, NCC. "ClearSpeech technology is a true breakthrough for voice recognition because it significantly increases the accuracy of these types of applications by reducing background noise." NCT's ClearSpeech(TM) algorithm is specifically designed to remove background noise from speech and other transmitted signals. It greatly improves intelligibility and clarity of all communications applications and can be used in conjunction with cellular and public telephones, car phones, air phones, two-way radios, line cards, switches, PBX's, microcassette recorders, dictation devices, teleconferencing systems and speech-activated "smart" consumer products. NCC is a computer software, hardware development and marketing company specializing in computer-based speech/voice recognition dictation systems. NCC's products represent cutting edge technologies, with numerous inventions pending patents and innovative solutions far exceeding the closest competitors. NCTI is a leading technology developer with an extensive portfolio of proprietary algorithms and a wide variety of product offerings for consumer, commercial and industrial applications. The Company specializes in the utilization of sound and signal waves to reduce noise, improve signal-to-noise ratio and enhance sound quality. For more information, refer to the Company's World Wide Web site at nct-active.com. CONTACT: Noise Cancellation Technologies, Inc. Joanna Lipper P: 203/961-0500, ext. 386 F: 203/348-4106 or NCC Nina Trasoff P: 520/323-3400 F: 520/323-2856