Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Registry Magic Systems- "RMAG" Voice Recognition -- Ignore unavailable to you. Want to Upgrade?

To: FreedomForAll who wrote (34)	3/5/1999 9:27:00 AM
From: Scrapps	Read Replies (2) \| Respond to of 118

Registry Magic Inks New Deal, Stock Jumps BOCA RATON, Fla. (Reuters) - Registry Magic Inc. (Nasdaq:RMAG - news), the maker of speech recognition software, said Thursday it was joining with AT&T Corp. (NYSE:T - news), Lucent Technologies Inc. (NYSE:LU - news), and Motorola Inc. (NYSE:MOT - news) in a bid to make the Internet accessible by talking into a telephone rather than using a computer. Two days after signing a deal with software leader Microsoft Corp. (Nasdaq:MSFT - news), Registry Magic said the agreement with the three corporate giants aims to promote a computer language standard, called VXML, that could be used to create Web content and services. A Registry Magic spokeswoman declined to give financial terms of the latest deal. Shares of Registry Magic rose 84 cents to $7.31 on Nasdaq Thursday. Tuesday, the day it signed the deal with Microsoft, its stock rose 29 percent. With the technology, individuals could tap into the Internet -- and retrieve news, do their banking or dial into a corporate intranet -- without touching a computer keyboard. AT&T is the nation's largest telecommunications company, Lucent is the world's largest telecommunications equipment maker, and Motorola makes computer chips and cellular phones. Registry Magic, which went public last summer, sells its Virtual Operator technology, which performs the tasks of a live person by using conversational speech recognition technology. The Microsoft deal combines Registry Magic's technology with the Web-based interactive voice response technology of the software giant. It will allow worldwide access to the Internet and execute electronic commerce transactions without using a computer. dailynews.yahoo.com