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ONEV One Voice Technologies Inc (OTC BB) $0.04 + $0.00 (+5.56%) 8/29/2003 12:00:00 AM ET Press Release for One Voice Technologies Inc One Voice Corporate Update 8/20/2003 9:01:00 AM SAN DIEGO, Aug 20, 2003 (BUSINESS WIRE) -- One Voice Technologies, Inc. (ONEV) chairman and CEO Dean Weber, today issued the following corporate update: "Since our last corporate update we now have two letters of intent to be signed, one with a carrier in Latin America and another with a PC manufacturer. With the carrier in Latin America we are negotiating the terms of a subscriber rollout of MobileVoice. Regarding the PC manufacturer we are negotiating the bundling of a voice interactive computer. We anticipate executing at least one, if not both, of these letters of intent shortly. Regarding the Fortune 50 Company that has evaluated our enterprise system, we are still waiting for final approval from the carrier that will host the system and anticipate having approval shortly. Regarding funding, One Voice is in the process of closing an additional round of funding from our current investors and anticipate closing this funding within the next few days. "I know many of the shareholders continue to grow impatient and I do want to let everyone know that our team remains completely committed and very focused on making One Voice a leader in the voice technology sector." About One Voice Technologies, Inc. One Voice Technologies, Inc. (ONEV) is the world's first developer of 4th Generation voice solutions for the telecom, telematics, TV/Internet appliance and Interactive Multimedia markets. Our Intelligent Voice(TM) solutions employ revolutionary, patented technology that allows people to send messages (Email, SMS, Instant Messaging and paging), purchase products, get information and control devices -- all by using their voice. The company is headquartered in San Diego, California. For more information, please visit onevoicetech.com. FORWARD-LOOKING STATEMENT DISCLAIMER Some of the statements made in this press release discuss future events and developments, including our future business strategy and our ability to generate revenue, income and cash flow, and should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These "forward-looking" statements can generally be identified by words such as "expect," "anticipate," "believe," "estimate," "intend," "plan," and similar expressions. These statements involve a high degree of risk and uncertainty that exists in the Company's operations and business environment and are subject to change based on various factors that could cause actual Company results, performance, plans, goals and objectives to differ materially from those contemplated or implied in these forward-looking statements. Actual results may be different from anticipated results for a number of reasons, including the Company's new and uncertain business model, uncertainty regarding acceptance of the Company's products and services and the Company's limited operating history. SOURCE: One Voice Technologies, Inc. | ||||||||||||||
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