Published: March 28, 2006
SpeechSwitch, Inc. Partners With Wessan Interactive
SpeechSwitch, Inc. (OTC BB: SSWC), a leader in
speech-recognition technology, announced today that Wessan Interactive has
chosen to partner with SpeechSwitch, Inc. for the custom development of IVR
applications incorporating a speech recognition engine. SpeechSwitch, Inc.
("SpeechSwitch") previously was a wholly owned subsidiary of iVoice, Inc.
prior to the spin-off from iVoice that was completed in August 2005 as a
special stock dividend distribution to iVoice shareholders.
By partnering with SpeechSwitch, Inc., Wessan Interactive will be able to
offer Speech Enabled IVR applications individually customized for their
entire diverse group of customers. "This will be another tool that will
enhance our product line and give our customers a better ROI when competing
in today's competitive market place," said Terry Sanford, a principle with
Wessan Interactive.
"Today's competitive market place demands that businesses increase revenue
while containing costs. Customers are using speech recognition to improve
customer satisfaction and manage overhead. We are tremendously excited
about the opportunity to partner with such a well respected entity as
Wessan Interactive and their superior team of developers," said Bruce Knef,
CEO of SpeechSwitch, Inc.
About Wessan Interactive:
Wessan Interactive is a fully automated, inbound telemarketing service
bureau located in Omaha, Nebraska. They use state of the art technology
capable of processing millions of toll free calls daily and supported by
one of the most experienced and knowledgeable staffs in the interactive
telemarketing industry. Wessan is widely recognized as an industry leader
whose clients include members of the fortune 500, federal, state and local
governments, advertising and promotion agencies and dozens of "household
name" companies.
The reason for their continued success is simple. Since 1988, they have
built a business with the solitary goal of providing customer service that
is second to none. Their clients recognize that the work ethic is old
fashioned and somewhat extraordinary. That's why many of them have been on
their client list continuously for over ten years. Visit www.wessan.com.
About SpeechSwitch, Inc.:
SpeechSwitch previously was a wholly owned subsidiary of iVoice, Inc. prior
to the spin-off from iVoice that was completed in August 2005 as a special
stock dividend distribution to iVoice shareholders. SpeechSwitch, Inc. was
incorporated in New Jersey on November 10, 2004 as a wholly owned
subsidiary of iVoice, Inc. It is engaged in the design, manufacture, and
marketing of specialized telecommunication equipment. Our products use
standard open-architecture PC platforms and Microsoft Windows 2000
operating systems, thereby facilitating the rapid adoption of new
PC-based technologies while reducing overall product costs. We concentrate
our product development efforts on software rather than hardware because we
believe that the most efficient way to create product value is to emphasize
software solutions that meet customers' needs. We have recently adapted
our applications to integrate with different manufacturer telephone
switches through the use of Telephony Application Program Interface or
"TAPI." The use of TAPI, allows SpeechSwitch to integrate our applications
into different telephone manufacturers Private Branch Exchange systems or
"PBX's," eliminating the need for costly additional external hardware. We
have traditionally used standard PC-related hardware components in our
products, in part, to limit our need to manufacture components. Our
manufacturing operations consist only of the installation of our
proprietary software and, if required, a voice board, into a fully
assembled PC system which we obtain from several different vendors. The
Company obtains system components such as PCs, circuit boards, application
cards, fax boards, and voice boards from various suppliers. Our flagship
product is our Speech-enabled Auto Attendant product. Additional
information about SpeechSwitch can be found online at www.speechswitch.com
This news release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, as amended, regarding among other things our plans,
strategies and prospects -- both business and financial. Although we
believe that our plans, intentions and expectations reflected in or
suggested by these forward-looking statements are reasonable, we cannot
assure you that we will achieve or realize these plans, intentions or
expectations. Forward-looking statements are inherently subject to risks,
uncertainties and assumptions. Many of the forward-looking statements
contained in this news release may be identified by the use of
forward-looking words such as "believe," "expect,""anticipate," "should,"
"planned," "will," "may," "intend," "estimated," and "potential," among
others. Important factors that could cause actual results to differ
materially from the forward-looking statements we make in this news release
include market conditions and those set forth in reports or documents that
we file from time to time with the United States Securities and Exchange
Commission. All forward-looking statements attributable to iVoice, Inc. or
a person acting on its behalf are expressly qualified in their entirety by
this cautionary language.
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