General Magic Awarded New Innovator Award
magicTalk Honored for Excellence in Integrated Voice/Data Technology
8:11 am Eastern Time
SUNNYVALE, Calif.--(BUSINESS WIRE)--Dec. 21, 1998--General Magic, Inc. (Nasdaq:GMGC - news), a leading developer of integrated telephony and Internet applications, announced today that they have won the New Innovator Award from CommerceNet for their magicTalk™ voice user interface platform.
This award honors General Magic for excellence and innovation in integrated voice/data technology. More than ninety companies competed for the award.
CommerceNet, a premier industry association for promoting and building electronic global commerce solutions on the Internet, hosts the New Innovator Awards twice each year. These awards recognize companies who have made significant advancements in technology, applications, service or business processes for Internet-based electronic commerce.
General Magic joins a long list of prestigious award recipients from years present and past, including eBay, MilliCent (from Digital Equipment Corporation, a division of Compaq), Audio Highway, Junglee and Unwired Planet.
''It is gratifying to see the category of integrated voice and data applications continue to gain broader attention,'' said Linda Hayes, senior vice president of marketing, General Magic. ''We are honored to receive this recognition for magicTalk and plan to continue adding new, innovative features to our Portico™ service that will simplify the lives of all mobile professionals, and make electronic commerce more broadly available.''
About the Portico Service and the magicTalk Platform
Designed for today's mobile professional workforce, the Portico service enables users to access, retrieve and act upon information using any telephone and a normal speaking voice. The only second generation virtual assistant available today, Portico integrates voice mail, email, address book and calendar as well as content available on the Internet, such as company news and stock quotes.
Information may be accessed over any telephone using magicTalk, General Magic's intelligent, natural language voice-user interface platform, or through any leading Web browser.
In accordance with U.S. securities law, General Magic notes that this press release contains forward-looking statements. There are risks that may cause actual results to vary materially. These risks include, but are not limited to, the challenges inherent in the development and delivery of complex technologies; market acceptance of the Company's Portico service and its magicTalk voice-user interface platform; the Company's dependence on establishing distribution relationships; adequacy of the Company's financial resources to execute its business plan; the Company's ability to respond to competitive pressures; and the Company's reliance on attracting, retaining and motivating key technical, marketing and management personnel. These and other risk factors are detailed in General Magic's 1997 Form 10-K, and third quarter 1998 Form 10-Q filed with the Securities and Exchange Commission.
About General Magic
General Magic offers integrated voice and data applications making communication and access to information easy and convenient for people, no matter where they are. The Company's development efforts are founded on its patented agent technology, innovative user-interface and communication-centric designs to provide simple, yet effective ways for people to keep in touch with the information they need to be successful.
The Company is headquartered in Sunnyvale. For more information on General Magic, please visit the Company's Web site at generalmagic.com.
About CommerceNet
CommerceNet is a non-profit industry association for companies promoting and building electronic commerce solutions on the Internet. Launched in April 1994, membership has grown to more than 500 companies and organizations worldwide.
They include the leading banks, telecommunications companies, VANs, ISPs, online services, software and service companies, as well as end users, who together are transforming the Internet into a global electronic marketplace. CommerceNet can be contacted at 650/858-1930, via fax at 650/858-1936, or on the Wide Web at commerce.net.
Note to Editors: General Magic, Portico and magicTalk are trademarks of General Magic, Inc., some of which may be registered in certain jurisdictions. eBay, MilliCent, Audio Highway, Junglee and Unwired Planet are trademarks of their specific companies, which may be registered in some jurisdictions. All other brands, trademarks or service marks are the property of their respective owners. ------------------------------------------------------------------------ Contact:
General Magic, Inc. Buck Krawczyk, 408/774-4000 buck@generalmagic.com or Access Communications Michelle Knoop, 415/904-7070 mknoop@accesspr.com |