posted
IVOICE, INC.'S DIVISION, SPEECHSWITCH INC. BECOMES HP AUTHORIZED BUSINESS DEVELOPMENT PARTNER; DEPLOYING SPEECH ENABLED AUTO ATTENDANT, WITH HP PROLIANT ML 310 SERVER FOR AVAYA IP OFFICE
iVoice, Inc.'s (IVOC, Trade) division, SpeechSwitch, Inc. a leader in speech recognition technology, announced today that they have become an HP Authorized Business Partner. SpeechSwitch, Inc., as an HP Authorized Business Development Partner, is eligible to purchase and resell certain HP Products from an HP Authorized Distributor.
SpeechSwitch, Inc. is currently testing the HP Proliant ML 310 Server, which will deploy our TAPI WAV Speech Enabled Auto Attendant on the Avaya IP Office phone systems. Bruce Knef, CEO of SpeechSwitch, Inc. is excited about working with HP to offer another tested Speech Enabled solution on the IP Office product.
About Hewlett Packard:
HP is a technology solutions provider to consumers, businesses and institutions globally. The company's offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended April 30, 2005, HP revenue totaled $83.3 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at www.hp.com.
About SpeechSwitch, Inc.:
iVoice 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
-------------------- EVERY Day ABOVE GROUND is a GREAT DAY!!! Posts: 2086 | From: Long Island New York | Registered: Aug 2004
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posted
I feel bad I sold this the other day at .0004, bad time for a vacation I guess, you think this will sustain?
Posts: 24 | From: new york | Registered: Jul 2005
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posted
yeah volume has dropped of a bit but i think its getting ready for another run today as there are 2 more mm's on the bid and they are adding on slowly plus i am seeing matching buys with every sell. plus we even saw GNET with his 999 bid come at .0006 but only for an instant and all this imo tells me its going to go very soon
GL
-------------------- The sun even shines on a dogs ass someday, have patience my friend ur day will come! Posts: 727 | Registered: May 2005
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posted
Looks like it will but it might have a strong pullback before the run,probably before lunch, I don't think there are many daytraders in this one since not many people have been posting. I think many bagholders from months back so I have a target between .004-.005 so even at these prices its a good time to get in
-------------------- EVERY Day ABOVE GROUND is a GREAT DAY!!! Posts: 2086 | From: Long Island New York | Registered: Aug 2004
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posted
thanks, I had been going back and forth on this one between .0003 and .0005, unfortunately, I had a sell in while I was away, was aftraid to jump back in before a pull back, turns out could have been an expensive vacatioin for me!
Posts: 24 | From: new york | Registered: Jul 2005
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posted
hope to get filled @.0005 if my order doesn't get filled with WYSK by 1 today!!!
Posts: 429 | From: New York | Registered: Jan 2005
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posted
I just got filled @.0005 I would like exit @.0006 today or tomorrow!!! "In and Out"
Posts: 429 | From: New York | Registered: Jan 2005
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posted
where's all the pumpers,the ones who said this will skyrocket today.I think they are hiding.I think they moved on to there next stock.
Posts: 1326 | From: Providence,RI,USA | Registered: May 2004
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posted
ya ya... there were no pumpers here except for me,I don't think anyone on allstocks bought in except for maybe the ones that sold today 5% of volume yesterday
-------------------- EVERY Day ABOVE GROUND is a GREAT DAY!!! Posts: 2086 | From: Long Island New York | Registered: Aug 2004
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posted
so it sounds like the MM's are short and are trying to brind down the price so people will sell, right?
Posts: 429 | From: New York | Registered: Jan 2005
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posted
Jake, if you got in at 5, you have to be patient and hold out until at least Fri. If you would rather take a loss right now and try and make it up somewhere else then so be it. However if this blows to .001 its going higher from there,then you will be chasing it:its all about patience and not to panic,personally I think we will see much higher gains,this is not a pump and dump otherwise we would have seen volume like yesterday,its just the MM's I am going to sell half into strength .0012 and ride the rest...see if we can get to .004. Its all about weighing risk vs. reward
-------------------- EVERY Day ABOVE GROUND is a GREAT DAY!!! Posts: 2086 | From: Long Island New York | Registered: Aug 2004
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posted
My order finaly got filled at .0005. I think we could see this go to .0015 but i think people will bail then and cause it to come back down.
Posts: 88 | From: Indiana | Registered: Jun 2005
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posted
I base it on 2 things and I know what you will say, you can't predict what people are going to do.
1, IVOC recieved $5 mill to restructure. if you look at the current company finances and the outstanding shares that mean someone thinks there profot will rise to pay the loan. Net loss has gone from 1.5 mill in 2004 (Jan-Mar) to 300K in 2005 Jan-Mar). I see a possible rise in stock value to 300% of current value.
2, Now the hard part. The problem is that the stock could run up as high as .0037 byu my first set of calculations how ever as the daytraders see it running they will jump in. When it hits 300% (.0015) I feel (and this is just my personal feelings) that to many will bail out for the quick buck and the price will come back down and hold at .0010 for a while. It may creap up from there but that is a long term investment. Could take a year or more to reach full value.
Keep in mind I have been wrong before.
Posts: 88 | From: Indiana | Registered: Jun 2005
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posted
Who knows what the full value will be in a year?
Many of the daytraders got out today, most of the buying yesterday I think came from many longs, could be leaks of good things to come(big news).There were many many blocks of over 5 million being bought. JMO
-------------------- EVERY Day ABOVE GROUND is a GREAT DAY!!! Posts: 2086 | From: Long Island New York | Registered: Aug 2004
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posted
We really don't need another IVOC thread, so I'll post the PR here:
iVoice Deploying Auto Speech Attendant at Corporate Strategies, Inc.; The Speech Enabled Auto Attendant is Provided by iVoice's Subsidiary SpeechSwitch, Inc.
By BusinessWire Last Update: 7/7/2005 6:15:01 AM Data provided by
MATAWAN, N.J., Jul 07, 2005 (BUSINESS WIRE) -- iVoice, Inc. (IVOC), a leader in speech-recognition technology, announced today that Corporate Strategies, Inc. has installed the iVoice Speech Enabled Auto Attendant.
Integrated with analog connectivity on an Inter-Tel PBX, Corporate Strategies has implemented a complete solution that includes the iVoice Speech Enabled Auto Attendant. The system facilitates easier communication for employees, customers, business partners and suppliers. It 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 a name, a caller can be promptly transferred to the appropriate number. 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. iVoice's subsidiary SpeechSwitch, Inc provides the Speech Enabled Auto Attendant. As previously announced, iVoice holds a minority interest in Corporate Strategies.
About Corporate Strategies, Inc.:
Corporate Strategies, Inc. (www.corporate-strategies.net) is a Merchant Bank in the traditional European sense of the word. As the term has evolved from the 18th Century to today, Merchant Banking describes an enterprise that not only finances a company's product or service, but also assists in developing a comprehensive business strategy. Corporate Strategies is comprised of seasoned executives with extensive experience in merchant banking, including business development and strategy, public and private company corporate finance, capital markets research, human resources, due diligence and transaction negotiation and execution.
About SpeechSwitch, Inc.:
iVoice 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.
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, American Red Cross and Comdial. Interactive Voice Response products developed by iVoice allow PC databases to be accessed via voice or from a standard touch-tone telephone.
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 separate companies. This is part of our broader strategy to reposition iVoice as a company focused on the development and licensing of proprietary technologies.
posted
Any new news that I missed One2Watchny. I am surprised that the price is holding so low. But that is giid it will give me a chance to pick up another mill this week as soon as I clear some cash from another sale.
Posts: 88 | From: Indiana | Registered: Jun 2005
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