iVoice Receives Patent Award for Speech Enabled Voice Activated/Voice Responsive Item Locator from U.S. Patent and Trademark Office
Tuesday October 26, 9:50 am ET

MATAWAN, N.J., Oct. 26 /PRNewswire-FirstCall/ -- iVoice, Inc. (OTC Bulletin Board: IVOC - News), a leader in speech recognition technology, announced today it has received United States Patent 6,813,341 for a patent for Speech Enabled Voice Activated/Voice Responsive Item Locator.

ADVERTISEMENTiVoice CEO Jerry Mahoney said, "This patent award marks a significant milestone in our product development. It's our third speech recognition patent award so far, with additional applications for speech-enabled telephony applications pending. These patent grants are important, not only to preserve our technology, but also 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."

Mahoney said, "iVoice will offer companies the rights to the technology under licensing agreements, under which iVoice would receive compensation on a royalty basis."

"Hear I Am!" Voice Locator enables a shopper to pick up a phone anywhere in a store and ask for the location of an item. The locator instantly reports the aisle, department or other location of the item. For example, a customer can pick up a phone and say "Milk." The locator will respond with "Milk is located in aisle seven between the butter and the bread."

The technology also can be used for a multitude of similar applications in warehouses, libraries, outlet malls or any other facility where items need to be located quickly and easily. The "Hear I Am!" Voice Locator's flexible design can easily be tailored for a specific use or application.

Today's world of confusing touchtone systems, multi-layer menu complexity and misrouted calls often results in customer frustration and lost revenue. All that is changing, however, thanks to new advances in speech recognition- based technology that connects callers to the appropriate destination after allowing them to speak their request naturally.

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, please 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 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, email: 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.

Arie Seidler, president and CEO of iVoice Technology, a wholly owned subsidiary of iVoice Inc., said, "The creation of a strategic partnership between Tigerpaw Software and iVoice continues the iVoice strategy to deliver its speech-enabled call center solutions to the business market throughout the country. We are pleased that Tigerpaw Software has elected not only to recommend the iVoice solution to its more than 1,500 active clients, but also to use its cooperative strength to ease the integration of our solution into the range of products sold by Tigerpaw Software dealers."

"Our Tigerpaw Software dealer channel targets and services the small to mid-size business marketplace," echoed David Foxall, president of Tigerpaw Software. "Tigerpaw Software's evaluation of the iVoice solution led Tigerpaw Software to actively pursue an arrangement that would allow dealers and customers to quickly and profitably add the iVoice Auto Attendant to their product lines. We seek, for our dealers and customers, telecommunication solutions that provide exceptional value to the end-user and believe the iVoice IVR and the iVoice Speech-enabled Auto-Attendant clearly meets that criteria."

About Tigerpaw Software

For 20 years, Tigerpaw Software has provided comprehensive customer relationship management software to small and medium-sized businesses. Tigerpaw's award-winning solutions are used in a wide range of industries, helping hundreds of small and medium-sized companies increase their productivity and revenue through effective marketing, sales, service and inventory management. Over 5,000 users currently enjoy the ease-of-use, power, flexibility and security of Tigerpaw's solutions. For more information on Tigerpaw, please visit http://www.tigerpawsoftware.com .

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, please 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 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 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.

SOURCE iVoice, Inc.

Frank Hawkins or Julie Marshall, both of Hawk Associates,
+1-305-852-2383, or info@hawkassociates.com , for iVoice, Inc.

http://www.ivoice.com

MATAWAN, N.J., Nov. 5 /PRNewswire-FirstCall/ -- iVoice, Inc. (OTC Bulletin Board: IVOC - News), a leader in speech recognition technology, announced today that it intends to distribute to the company's shareholders all common stock shares of its newly formed subsidiary, SpeechSwitch, Inc. When completed, this would be the fifth common stock distribution issued by the company to its shareholders including Trey Resources, Inc., iVoice Technology, Inc., Deep Field Technologies, Inc. f/k/a iVoice Technology 2, Inc. and Corporate Strategies, 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, SpeechSwitch, Inc. 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 shares of SpeechSwitch common stock on the record date, which has been tentatively set by the iVoice Board of Directors as December 1, 2004. The payment date will be as soon as practicable after the U.S. Securities and Exchange Commission declares the SpeechSwitch registration statement effective. The ex-dividend date will be established by the NASD pursuant to their authority over the OTC-Bulletin Board. The stock distribution will be detailed in a Form SB-2 to be filed with the SEC in the near future. The spin off transaction is not a reverse split of iVoice stock. SpeechSwitch plans to list its shares on the OTC Bulletin Board.

iVoice Chairman and CEO Jerry Mahoney said, "We are confident that this transaction will provide the three separated companies with the capital structure and focus required for long-term growth and success, which will offer compelling value to the market and enhanced opportunities for both companies."

"iVoice will retain its core patent pending technology, including its 'Talking Pill Bottle' technology and its patented technology, such as the 'Voice Item Locator.' iVoice expects that its primary business activity will be the licensing of its proprietary technology. iVoice plans to file additional patents in the field of talking products in the near future. Toward that end, the company has recently hired GlynnTech to assist in facilitating various licensing opportunities," Mahoney said.

"iVoice is still very interested in acquisitions, particularly in candidates that represent excellent growth potential, are in a viable and stable market segment and employ management teams committed to the organization's success. The prospective acquisitions may or may not be in the same industry as iVoice. The company still has over $6.8 million in cash on the balance sheet, which will be used to fuel our acquisition strategy."

Earlier this year, iVoice spun off Trey Resources, which closed on its first acquisition in June 2004 by acquiring an operating company with sales of over $2 million. iVoice has determined that the best way to create shareholder value, separate and apart from the operating performance of iVoice, is to implement these spin-offs by distributing shares of these subsidiaries. The successful Trey Resources spin-off demonstrated that the mechanism works and established further opportunities for both entities.

About iVoice

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, please 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 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, email: 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.