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Author Topic: IVOC - iVoice Deploying Auto Speech Attendant at LaPorte County Government Complex
Forrestgump
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Matawan, NJ, February 15, 2005 -- iVoice, Inc. (OTC Bulletin Board: IVOC), a leader in speech-recognition technology, announced today that LaPorte County in Indiana has installed the iVoice Speech Enabled Auto Attendant at its government complex.

Integrated with analog connectivity on a Nortel PBX, LaPorte has implemented a complete solution that includes the iVoice Speech Enabled Auto Attendant. LaPorte wanted to make communication easier for its employees, customers, business partners and suppliers. iVoice's Speech Enabled Auto Attendant system places people at ease by allowing callers to use their most natural form of communication - their own voice - to reach a specific person or department. By speaking the name, the caller is promptly transferred. Callers do not have to deal with cumbersome touch-tone menus and spell-by-name directories.

The iVoice Speech Enabled Auto Attendant is a complete cost-effective solution that works with existing phone systems and voice mail packages. Every department and employee is accessible from one local or long-distance phone number. iVoice capabilities ensure that all calls reach their intended destinations at all times.

About LaPorte County
LaPorte County is one the largest counties in Indiana with its main seat in the city of LaPorte. Located at the base of Lake Michigan, the county has the beauty of the lake, the quiet of a small community but is close enough to major cities like Chicago and South Bend. LaPorte prides itself with wonderful high school sports teams, tourist attractions and the diversity of its community members - all 110,000 of them.

About iVoice, Inc.
iVoice, Inc. designs, manufactures and markets innovative speech-enabled applications and computer telephony communications systems. While there are many companies that develop speech applications, most require licensing of the core speech recognition engine resulting in a costlier solution for the end user. iVoice pays no such royalty or license fees for any of its speech recognition applications. Customers include Avaya, Gold Kist, BJ's Wholesale Club, American Red Cross and JVC. Through a single integrated solution capable of processing thousands of interactions per hour, the company's products provide cohesive, easy voice access to messaging systems, including telephone calls, e-mails and voice mail. Interactive Voice Response products developed by iVoice allow PC databases to be accessed via voice or from a standard touch-tone telephone.

A profile for investors on iVoice may be found at the website www.hawkassociates.com/ivoice/profile.htm. For more information on iVoice, please visit www.ivoice.com.

An online investor kit containing iVoice press releases, SEC filings, current price Level II quotes, interactive Java stock charts and other useful information for investors can be found at www.hawkassociates.com and www.hawkmicrocaps.com. Investors may contact Frank Hawkins or Ken AuYeung, Hawk Associates, at (305) 852-2383, e-mail: info@hawkassociates.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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ya ya
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I thought maybe a spike in volume and price with news out but so far nothing
Posts: 1326 | From: Providence,RI,USA | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
ohdagagain
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What is everyone's thoughts on this one?
Posts: 391 | From: Tallinn, Estonia | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
ohdagagain
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3-Mar-2005

Entry Material Agreement, Change in Accountant, Financial Statements and Exhib


ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On February 23, 2005, the Registrant entered into Amendment No.2 of the Employment Agreement by and between Jerome Mahoney and the Registrant. The purpose of this amendment was to provide Mr. Mahoney the flexibility to serve as an officer and/or director of other entities so long as: (i) these positions do not interfere with the performance of his duties to iVoice, Inc. and (ii) these other business entities do not compete with the business of the Company.


ITEM 4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) On February 23, 2005, the Registrant terminated the services of its independent account, Mendlowitz Weitsen, LLP. For the two most recent fiscal years: (i) the independent account's report did not contain an adverse opinion or disclaimer of opinion, nor was it modified as to uncertainty, audit scope, or accounting principles and (ii) there were no disagreements with the former accountant, whether or not resolved, on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved to the former accountant's satisfaction, would have caused it to make reference to the subject matter of the disagreement(s) in connection with its report. The decision to change accountants was recommended by the Registrant's Audit Committee.

(b) On February 23, 2005, the Registrant engaged the independent accounting firm of Bagell, Josephs & Company, L.C.C. as principal accountant to audit the Registrant's financial statements for the fiscal year ended December 31, 2004.


ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
c) Exhibits

10.1 Amendment No. 2 dated February 23, 2005 of the Employment Agreement between iVoice, Inc. and Jerome Mahoney.

16.1 Letter from Mendlowitz Weitsen, LLP., former independent accountants.

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ya ya
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good volume so far today but stock price not doing anything
Posts: 1326 | From: Providence,RI,USA | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Bottomliner
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This is the latest info from Yahoo's financial page. Certainly looks better than most sub-penny stocks, but the pps just won't move. I have owned a few shares for quite awhile and believe it will move up someday . . . just don't know what will move it. And I don't know if anyone should buy it now, but I am holding what I have.

Balance Sheet
Total Cash (mrq): 8.29M
Total Cash Per Share (mrq): 0
Total Debt (mrq)²: 1.99M
Total Debt/Equity (mrq): 0.32
Current Ratio (mrq): 3.246
Book Value Per Share (mrq): 0.001

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Everything I say is only my opinion ... right or wrong.

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News for 'IVOC' - (iVoice Issues Letter to Shareholders)


MATAWAN, N.J., March 11, 2005 /PRNewswire-FirstCall via COMTEX/ -- iVoice, Inc. (OTC Bulletin Board: IVOC) CEO Jerry Mahoney issued the following letter to
shareholders:

Dear iVoice Shareholder:

This is to provide you with an update and review of our activities and to thank those who have provided continued support for our company.

As previously stated, the board of directors of iVoice believes the best way to build shareholder value, separate and apart from the operating performance of iVoice, is to create new business opportunities by distributing shares of spin-offs to our shareholders.

In the past 13 months, we have taken major steps to restructure our company in ways that we believe will be most favorable to shareholders with the spin-off and/or distribution of the stock of five separate companies. This is part of our broader strategy to reposition iVoice as a company focused on the development and licensing of proprietary technologies. The five companies are:

Trey Resources, Inc.

Trey was spun-off from iVoice in February 2004. Since that time, Trey has acquired two companies, hired the management of a third company, and grown from no sales to revenues at a current operating rate of nearly $5 million per annum. Trey is an information technology company and value-added reseller of financial accounting software. It is also the publisher of its own proprietary software, MAPADOC, which is an electronic data interchange (EDI) solution. MAPADOC sales are up over 235% in the first two months of 2005 from the same time period in 2004. In addition, the company continues to break new sales records almost monthly.

iVoice Technology, Inc.

On Sept. 7, 2004, we announced the anticipated distribution to the company's shareholders of all the common stock of a newly formed subsidiary, iVoice Technology, Inc. This move was designed to unlock the value of our interactive voice-recognition (IVR) software technology by transferring this technology to an independent public company. iVoice Technology will initially focus on building a business around the IVR technology. To facilitate the expansion of this business, we have arranged for a financing facility for iVoice Technology of $10.7 million. Subject to final review by the SEC, holders of iVoice common stock will receive 10 million shares of iVoice Technology common stock on the distribution record date. It is expected that the iVoice Technology common stock shares will trade on the NASD OTC Bulletin Board.

Deep Field Technologies, Inc.

On Sept. 13, 2004, iVoice announced that it intends to distribute to the company's shareholders all the common stock of a newly formed subsidiary, Deep Field Technologies, Inc. The board of directors approved this step as a way to unlock the value in our Unified Messaging software technology. Unified Messaging links telephone systems to computer networks and provides users with access to voice mail and e-mail in a single operation through existing local area networks, regardless of where the user may physically be. To facilitate the expansion of this business, we have arranged for a financing facility for Deep Field Technologies of $10.5 million. Subject to final review by the SEC, holders of iVoice common stock will receive 10 million shares of Deep Field Technologies common stock on the distribution record date. It is anticipated that Deep Field Technologies' common stock will trade on the NASD OTC Bulletin Board.

Corporate Strategies, Inc.

On Sept. 15, 2004, iVoice announced a common stock distribution to shareholders of its entire holdings of 7.5 million Class A common stock shares of Corporate Strategies, Inc. to the company's shareholders on the distribution record date. iVoice has invested $750,000 in Corporate Strategies in the form of 7.5 million shares of Class A common stock and a $500,000 5% secured convertible debenture. Corporate Strategies, located in Houston, Texas, provides merchant banking and diversified financial services involving accounts receivable factoring, mortgage lending, oil and gas investments and assorted other financial transactions. Corporate Strategies recorded sales in excess of $1.7 million in 2003 and pre-tax income in excess of $130,000.

SpeechSwitch, Inc.

On November 5, 2004, announced that it intends to distribute to the company's shareholders all common stock shares of its newly formed subsidiary, SpeechSwitch, Inc. The iVoice board of directors authorized management to pursue a strategy designed to unlock the value in the company's speech- recognition software by spinning it off into a new independent public company. The assets that will become part of SpeechSwitch include the Speech SDK, Speech Enabled Auto Attendant, Name Dialer, plus two issued patents and two patents pending. Subject to final review by the SEC, holders of iVoice common stock will receive 10 million shares of SpeechSwitch common stock on the distribution record date. It is anticipated that SpeechSwitch common stock will trade on the NASD OTC Bulletin Board. To facilitate the expansion of this business, we have arranged for a financing facility for SpeechSwitch, Inc. of $11 million.

The timing of distribution to iVoice shareholders of the common stock iVoice Technology, Deep Field Technologies, SpeechSwitch and Corporate Strategies is solely dependent upon the U.S. Securities and Exchange Commission's review of each company's registration statement and when each registration is declared effective by the SEC.

iVoice recently developed and has filed a patent application for the methodology of wireless loading information into a prescription bottle, the "Talking Pill Bottle." This is the type of technology that we will continue to own and is a good example of the type of assets that iVoice will retain. The primary business strategy of iVoice will be the licensing of its proprietary technology. To assist us with this endeavor, we have retained the technology licensing firm of GlynnTech LLC, to assist us in facilitating and closing on various licensing opportunities.

We plan to file additional patents in the field of talking products, similar to the Talking Pill Bottle, in the near future. In October 2004, we received United States Patent 6,813,341 for a patent for Speech Enabled Voice Activated/Voice Responsive Item Locator. This was our third speech-recognition patent award, with additional applications for speech-enabled telephony applications also pending. These patent grants are important, not only to preserve our technology, but to leverage our intellectual property effectively in the marketplace. We believe any solution for an in-store or warehouse item locator now requires either a license from iVoice or many years of research and development to find an alternative solution.

As you may be aware, early in our development, I was forced to loan our company significant sums of money before we were able raise our own capital. As a result of this corporate restructuring, iVoice will transfer all but $11,000 of this debt to the spin-off subsidiaries.

We continue to work to find and complete acquisitions that offer excellent growth potential, that are in viable and stable market segments and that have management teams committed to success. With over $6.7 million in cash on our balance sheet, we believe we have the financial resources to move forward on this front.


Sincerely,


Jerry Mahoney

President and Chief Executive Officer


About iVoice, Inc.

iVoice, Inc. designs, manufactures and markets innovative speech-enabled applications and computer telephony communications systems. While there are many companies that develop speech applications, most require licensing of the core speech-recognition engine, resulting in a costlier solution for the end user. iVoice pays no such royalty or license fees for any of its speech- recognition applications. Customers include Avaya, Gold Kist, BJ's Wholesale Club, American Red Cross and JVC. Through a single integrated solution capable of processing thousands of interactions per hour, the company's products provide cohesive, easy voice access to messaging systems, including telephone calls, e-mails and voice mail. Interactive Voice Response products developed by iVoice allow PC databases to be accessed via voice or from a standard touch-tone telephone. For more information on iVoice, visit http://www.ivoice.com .

A profile for investors on iVoice may be found at the website http://www.hawkassociates.com/ivoice/profile.htm . An online investor relations kit containing iVoice press releases, SEC filings, current price Level II quotes, interactive Java stock charts and other useful information for investors can be found at http://www.hawkassociates.com and http://www.hawkmicrocaps.com . Investors may contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 852-2383, e-mail: info@hawkassociates.com .

This letter to shareholders 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.

SOURCE iVoice, Inc.


CONTACT: Frank Hawkins or Ken AuYeung, both of Hawk Associates,
+1-305-852-2383, or

info@hawkassociates.com, for iVoice, Inc.


URL: http://www.prnewswire.com

http://www.ivoice.com/

www.prnewswire.com

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BlindMellonChitlin
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With 6.7 million cash, and 8 billion o/s, the per share value is .0008 (approximately). I wonder what will happen next. Hopefully it might pop today.......

--------------------
Making it a little at a time....Now is the time to determine if you are a man or a mouse.

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dellamorte dellamore
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Their thick on the ask at .0005 , doesn't look like it's going anywhere , although there is alot of buys coming in .
Posts: 734 | From: Nassau County | Registered: Jan 2005  |  IP: Logged | Report this post to a Moderator
   

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