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

To: Hans Reuchlin who wrote (2315)	9/14/1998 5:28:00 PM
From: Jason Flora	Read Replies (2) \| Respond to of 2775

Oh, this just keeps getting better and better. . . . freeedgar.com check out item #3

To: Hans Reuchlin who wrote (2315)	9/18/1998 11:12:00 PM
From: Hans Reuchlin	Read Replies (1) \| Respond to of 2775

Oh well, not toasters.. Welcome home Mr.Orwell... Thursday September 17, 10:18 am Eastern Time Company Press Release NCT Expands ClearSpeech Suite of Technology With Voice Verification Algorithm STAMFORD, Conn.--(BUSINESS WIRE)--Sept. 17, 1998--Noise Cancellation Technologies, Inc. (NASDAQ: NCTI - news) today introduced the ClearSpeech(tm) Voice Verification algorithm, a superior technology for voice biometrics. The Company intends to license this algorithm in combination with its ClearSpeech(tm) noise cancellation algorithm to create fraud prevention applications. The ClearSpeech(tm) Voice Verification algorithm is now available for licensing directly from the Company. Voice verification fraud prevention is particularly useful for wireless and cellular applications where cloning, theft and subscription fraud occur; network applications where calling card, toll-free, subscription and call forwarding fraud is perpetrated; and financial institutions and commercial institutions where applications such as remote banking, credit card transactions, ATM transactions, securities trading and wire transfers create fraud vulnerability. Credit card fraud alone costs over $1.5 billion annually and figures for network fraud are approaching $3 billion annually. ''Voice verification has tremendous advantages over conventional security measures because it utilizes a voice print which cannot be reproduced by others,'' said Michael J. Parrella, President. ''For example, by integrating a microphone with ClearSpeech Voice Verification onto a credit card, we can determine whether or not the holder of the card is the owner. When the card is initially issued it is loaded with words spoken by the owner. Each time the card is used the holder must repeat these words and the algorithm computes a probability match. If credit card companies were to use a system comprising NCT's silicon micromachined microphone, NCT's ClearSpeech Voice Verification and NCT's newly announced Java chip for smart cards, fraudulent credit card usage could be virtually eliminated.'' The ClearSpeech Voice Verification algorithm is a low-cost solution that runs on a simple DSP (digital signal processor), the Java Card environment and personal computers. Unlike existing voice verification technology, the ClearSpeech algorithm works reliably in noisy environments. The ClearSpeech suite of technologies includes noise and echo cancellation algorithms for dramatically improved voice quality, and voice verification and speech compression algorithms. 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.