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To: esecurities(tm) who wrote (2114)7/28/1998 9:26:00 PM
From: esecurities(tm)  Respond to of 4231
 
Lernout Hauspie reporting record Q2 revs/eps citing [Alpha's] Voice Xpress.

Lernout & Hauspie Reports Record Q2 Revenues of $45 Million

Record Net Profits of $9.5 Million or $0.17 EPS Before Exceptional Items

IEPER, Belgium, and BURLINGTON, Mass.--(BUSINESS WIRE)--July 28, 1998--

"...Lernout & Hauspie (Nasdaq:LHSPF - news; Easdaq:LHSP-ED) (L&H), a worldwide market leader in speech and linguistic technologies, products and services, today announced financial results for the second quarter ended June 30, 1998.

For the second quarter of 1998, L&H's total revenues were $45 million, an increase of 113 % over reported revenues of $21.1 million for the second quarter of 1997. During the second quarter, the company's Core Technology Division secured 42 contracts and its Dictation Division shipped its Voice Xpress* and Voice Xpress Plus products for the retail market..."

biz.yahoo.com

* In Re: Alpha v. Kurzweil Contractual Interference; day 11 [of 30 max?] post arbitration hearing final/closing arguments.