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Carolina West Wireless to Offer One Voice's MobileVoice Service Business Editors / High-Tech Writers / Telecommunications Writers
LA JOLLA, Calif.--(BUSINESS WIRE)--June 14, 2006-- One Voice Technologies, Inc. (OTCBB:ONEV), developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets, today announced that Carolina West Wireless has signed a multi-year agreement with One Voice to offer One Voice's MobileVoice(TM) service to Carolina West Wireless subscribers. The MobileVoice service includes Group Conference Calling, Reading and Sending E-mail and Voice-to-Text SMS Messaging, all powered by One Voice's patented voice technology.
"We are very excited to add Carolina West Wireless to our expanding list of wireless carriers," said Jack Johnson, Vice President of Telephony, North America for One Voice. "Carolina West will be a very strong partner in the markets they service and we believe MobileVoice will have a tremendous impact for both Carolina West and their subscribers. Our partnership with Carolina West Wireless is further proof of how forward-thinking, nimble companies like Carolina West can take our MobileVoice platform and use it to offer unique, cutting-edge services first in their markets by taking advantage of our simple, no cap-ex, revenue sharing model."
"Carolina West is committed to providing the best service available in all of our markets in terms of coverage, customer service, and now with technology that will improve our subscribers' lives," said Slayton S. Stewart, CEO for Carolina West. "We believe the MobileVoice platform contains services that are applicable for everyone and yet are unique and cutting-edge in the markets we currently service. We know these types of services are not only a benefit to our existing subscribers, but also give us a tremendous competitive advantage in our ongoing quest to expand our subscriber base. We are pleased to be adding these tremendous tools to our offering and are equally pleased to be in partnership with One Voice Technologies as they are clearly the leader in speech driven enhancements for telephony."
About Carolina West Wireless
Carolina West Wireless was formed in 1989 as the North Carolina RSA 3 Cellular Telephone Company, Inc. The company serves a six county area in northwestern North Carolina which borders Tennessee on the west and Virginia on the north.
Carolina West offers prepaid and post paid cellular services. Corporate headquarters are located in Wilkesboro, NC with satellite sales and customer service offices in Boone, NC and West Jefferson, NC. Six other sales and service locations are located in the offices of the telephone companies who jointly own Carolina West. Carolina West currently services a customer base of close to 50,000 subscribers and continues to build on their success by providing the latest technologies along with first class customer service in all of the markets they serve.
About One Voice Technologies, Inc.
One Voice Technologies, Inc. (OTCBB:ONEV) is the world's first developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets. Our Intelligent Voice(TM) solutions employ revolutionary, patented technology that allows people to send messages (E-mail, SMS, Instant Messaging and paging), purchase products, get information and control devices - all by using their voice. The company is headquartered in La Jolla, California. For more information, please visit http://www.onev.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.
MobileVoice is a trademark of One Voice Technologies, Inc. All other products and company names herein may be trademarks of their registered owners.
KEYWORD: NORTH AMERICA CALIFORNIA NORTH CAROLINA UNITED STATES INDUSTRY KEYWORD: TECHNOLOGY HARDWARE NETWORKS SOFTWARE TELECOMMUNICATIONS CONTRACT/AGREEMENT SOURCE: One Voice Technologies, Inc.
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PERIOD ENDING 31-Mar-06 31-Dec-05 30-Sep-05 30-Jun-05 Total Revenue 61 60 48 24 Cost of Revenue 21 15 12 4
Gross Profit 41 45 37 20
Operating Expenses Research Development - - - - Selling General and Administrative 991 (944) 1,116 1,188 Non Recurring - - - - Others - - - -
Total Operating Expenses - - - -
Operating Income or Loss (950) 989 (1,079) (1,167)
Income from Continuing Operations Total Other Income/Expenses Net (3,973) 4,263 - - Earnings Before Interest And Taxes (4,923) 5,252 (1,079) (1,167) Interest Expense 893 2,487 - - Income Before Tax (5,817) 2,765 (1,079) (1,167) Income Tax Expense - - - - Minority Interest - - - -
Net Income From Continuing Ops (5,817) 2,765 (1,079) (1,167)
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