posted
iVoice Deploying Auto Speech Attendant at Corporate Strategies, Inc.; The Speech Enabled Auto Attendant is Provided by iVoice's Subsidiary SpeechSwitch, Inc. Business Wire - July 07, 2005 06:15
MATAWAN, N.J., Jul 07, 2005 (BUSINESS WIRE) -- iVoice, Inc. (OTC Bulletin Board: 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.
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.
iVoice, Inc. Dolores Serafin, 732-441-7700 Just say "Investor Relations" investors@ivoice.com http://www.ivoice.com
Copyright Business Wire 2005
-------------------- EVERY Day ABOVE GROUND is a GREAT DAY!!!
IP: Logged |
posted
News for 'IVOC' - (iVoice Sets Record Date for the Distribution of Special Dividend of iVoice Technology, Inc., Deep Field Technologies, Inc and SpeechSwitch, Inc. Class A Common Stock to iVoice Shareholders)
MATAWAN, N.J., Jul 21, 2005 (BUSINESS WIRE) -- iVoice, Inc. (OTC Bulletin Board: IVOC), a leader in speech-recognition technology, announced today that its Board of Directors has set a record date for the previously announced spin-off of its three wholly owned subsidiaries, iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc., through a special dividend of all of the outstanding Class A Common Stock shares of each of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc., to iVoice's shareholders. Shareholders of record on July 29, 2005 will be entitled to receive the special dividend. The special dividend is expected to be payable on August 5, 2005. However, the distribution of the special dividend is contingent upon the Registration Statements on Form SB-2 of iVoice Technology, Deep Field Technologies, Inc. and SpeechSwitch, Inc. being declared effective by the Securities and Exchange Commission within an adequate time prior to the distribution date to allow for the printing and distribution to shareholders of the stock certificates and prospectus.
Holders of iVoice Class A Common Stock, other than affiliates of iVoice, will receive one share of Class A Common Stock of each of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. for every 988 shares of iVoice common stock that they hold. Holders of less than 988 shares of iVoice common stock will receive one share of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. Class A common stock. While all of the outstanding shares of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. Class A common stock will be held by non-affiliates of iVoice, Inc. and iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. following the distribution, all of the outstanding shares of Class B Common Stock (including convertible debt into such shares) of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. will be beneficially owned by affiliates of iVoice, Inc. or iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc.
iVoice, Inc., intends to transfer certain of its assets and related liabilities to iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. immediately prior to the distribution. The actual number of shares of Class A common stock of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. to be distributed will be based on the number of shares of iVoice, Inc. common stock outstanding on July 29, 2005.
iVoice shareholders will not be required to take any action to receive the iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. on the distribution date. Holders of iVoice common stock will not be required to pay any cash or other consideration for the distributed shares.
This spin-off of the three subsidiaries and the special dividend to iVoice shareholders is not a reverse stock split of the parent company, iVoice, Inc.
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 certain of our subsidiaries 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.
INSEQ Corporation announced the continuation of design and manufacturing projects between INSEQ's manufacturing subsidiary and Silgan Plastics, a leading supplier of plastics products.
The projects are for the design and manufacturing of specialized equipment used in the manufacturing of various plastic products. INSEQ expects its work will result in a material amount of revenue through the balance of 2005 and at least through all of 2006.
Tony Warnecke, president of INSEQ's manufacturing subsidiary, said that "Silgan's commitment to reliability and high quality makes their choice to use our team for their manufacturing needs particularly satisfying. We are proud to have the continued opportunity to service their needs." With more than $6 million in annual revenue, INSEQ's manufacturing subsidiary, Warnecke Design Service, Inc., serves as a specialty metal manufacturer that produces equipment for an array of industries and provides design, development, manufacturing, installation and maintenance services.
About INSEQ Corporation
INSEQ Corporation is a publicly traded company whose mission is to facilitate the efficient utilization of primary and secondary commodities including metals, chemicals, fuels and plastics. More information on INSEQ is available online at www.inseq.com.
INSEQ is 70% owned by GreenShift Corporation (GSHF), a business development corporation whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and contribute to the resolution of environmental challenges.
iVoice, Inc., a leader in speech-recognition technology, announced today that its Board of Directors has set a record date for the previously announced spin-off of its three wholly owned subsidiaries, iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc., through a special dividend of all of the outstanding Class A Common Stock shares of each of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc., to iVoice's shareholders. Shareholders of record on July 29, 2005 will be entitled to receive the special dividend. The special dividend is expected to be payable on August 5, 2005. However, the distribution of the special dividend is contingent upon the Registration Statements on Form SB-2 of iVoice Technology, Deep Field Technologies, Inc. and SpeechSwitch, Inc. being declared effective by the Securities and Exchange Commission within an adequate time prior to the distribution date to allow for the printing and distribution to shareholders of the stock certificates and prospectus.
Holders of iVoice Class A Common Stock, other than affiliates of iVoice, will receive one share of Class A Common Stock of each of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. for every 988 shares of iVoice common stock that they hold. Holders of less than 988 shares of iVoice common stock will receive one share of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. Class A common stock. While all of the outstanding shares of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. Class A common stock will be held by non-affiliates of iVoice, Inc. and iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. following the distribution, all of the outstanding shares of Class B Common Stock (including convertible debt into such shares) of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. will be beneficially owned by affiliates of iVoice, Inc. or iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc.
iVoice, Inc., intends to transfer certain of its assets and related liabilities to iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. immediately prior to the distribution. The actual number of shares of Class A common stock of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. to be distributed will be based on the number of shares of iVoice, Inc. common stock outstanding on July 29, 2005.
iVoice shareholders will not be required to take any action to receive the iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. on the distribution date. Holders of iVoice common stock will not be required to pay any cash or other consideration for the distributed shares.
This spin-off of the three subsidiaries and the special dividend to iVoice shareholders is not a reverse stock split of the parent company, iVoice, Inc.
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 certain of our subsidiaries 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.
Jul 22, 2005 (M2 PRESSWIRE via COMTEX) -- Today our stock watch alerts today include a Featured Stock Profile Report - MidNet, Inc. (OTCBB: MIDX), company profile for True Religion Apparel, Inc. (OTCBB:TRLG) and stock alerts Pet Ecology Brands, Inc. (OTC: PECB), AmeriResource Technologies, Inc. (OTCBB: AMRE), International Food Products Group, Inc. (OTCBB: IFDG) and iVoice, Inc. (OTCBB: IVOC)
MidNet, Inc. (OTCBB: MIDX) is the creator, owner and operator of The Middle Network, a secure, high-capacity communications system designed as a commercial "big pipe" complement to the Internet. The Middle Network provides high-speed, high-capacity private digital connectivity for companies with a need to create, manage, share and distribute large, highly confidential information with offices and business partners in widespread locations.
Companies are looking for ways to securely transport and share large, complex, proprietary data files between vendors, suppliers and business partners wherever they are. Traditional resources like the Internet, overnight couriers and restricted private networks are simply unable to meet increasing demands for security, speed, reliability, operator neutrality and cost effectiveness. With The Middle Network, MidNet has created a groundbreaking solution that fills this critical need.
True Religion Apparel, Inc., through its wholly owned subsidiary Guru Denim, Inc. manufactures, markets, distributes and sells "True Religion Brand Jeans" in the United States, Canada, the United Kingdom, Europe, Mexico and Japan. True Religion Brand Jeans can be found in the United States at Neiman Marcus, Saks Fifth Avenue, Ron Herman, Henri Bendel, Bloomingdales, Nordstrom, Barneys and greater than 500 fashion boutique clothing stores throughout the United States and Canada. True Religion Brand Jeans can also be found at fine stores in Japan, including Isetan and Barneys Japan; in England, including Selfridges, Harrod's and Harvey Nichols; in France, including Galleries Lafayette.
OTC STOCKS TO WATCH:
PET ECOLOGY BRANDS, INC. (OTC: PECB) - "Up 20% on Thursday"
Pet Ecology Brands, Inc. has developed a revolutionary patented cat litter that destroys urine odor, clumps, and is earth-friendly. The litter is lightweight and convenient to use (2.5lbs and works like 17.5lbs of clay/sand based products), and is 100% flushable and safe for septic systems. It is completely safe for cats and our environment because it does not contain any sodium bentonite or silica dust, as used in competing brands. The design helps to protect the landfills, and yet does everything that clay litters do ... and more. It has the ability to help indicate certain diseases commonly occurring in cats. The technique used is similar to that found in the application of pH indicator analysis found in Merck's Veterinarian Manual, with the essential ingredients comprising part of the litter mix. However, this litter not only warns of possible illness, but may also help indicate how far along the illness may be by the color the litter changes to, thereby providing the pet owner significant additional benefits and an early warning system concerning the cat's health.
PECB News:
July 21 - Pet Ecology Brands, Inc. Announces Launch of Improved Product Lines to Pet Store and Veterinarian Markets
Pet Ecology Brands, Inc. (Pink Sheets:PECB) is pleased to announce that it has initiated its national launch of its improved Scientific Professional Cat Litter(TM) product to the independent pet stores and veterinarian market place, after completion of its research and development of final updates to its litter formula. The national launch, which began this week, encompasses the following:
1. A national media campaign describing the substantial, proprietary and unique benefits of Scientific Professional Cat Litter(TM) through such nationally known media outlets as Pet Product News, Cat Fancy Magazine, and various regional and national television networks. This national media launch will bring to the forefront the ability of the litter to help indicate Feline Urinary Tract Disease (FLUTD), as well as its substantially lighter weight and easy disposability.
2. A customer support program that includes introductory promotional offers to the pet retailer, veterinarian, and ultimate customer.
3. A pre-marketing campaign, which has resulted in a direct mailing to over 3,000 independent pet store outlets in over 30 states in defined geographical clusters.
4. Personalized visits by the marketing staff of Pet Ecology in order to educate both the retailer and ultimate customer of the benefits provided by the product.
5. Updating of all Internet websites to receive customer orders, shipment & order tracking capabilities, account access, and customer support campaigns.
6. A direct solicitation of regional distributors servicing the target markets in the geographical clusters.
COO, Jane Lorenzen, stated, "We have completed our planning, which has taken over six months, on this national campaign and are encouraged by the initial responses we have received from both retailers, veterinarians, and ultimate customers. Our limited June test of the national campaign, which included our initial announcement in Pet Product News, provided valuable information now incorporated in the plan that we are announcing today. We received over 40 calls from retailers and distributors interested in knowing more about the product and procedures for placing pre-orders. Such an unexpected response rate has given rise to our current pre-market campaign and ongoing national media launch. The improved formula, available by the 2nd week of August, will be shipped by our new production facility, Magnablend, Inc., and will include substantial improvements in packaging, enhanced odor control, and better consistency. We will follow our Scientific Professional Cat Litter(TM) campaign with a national launch of our updated K-9 Fat Free Dog Treats(TM) in September 2005."
The Company has just completed its review of competitive pricing, and has confirmed that the new suggested retail price is well within the mid-range of popular clay-based and alternative litter products. Deborah Evans, Director of Marketing, in reviewing this pricing information, stated, "The combination of a new manufacturer, volume orders, a decrease in the cost of certain raw materials and more refined logistics have allowed us to offer a product that will be acceptable to even the most price-conscious customer. Our immediate goal is to substantially increase our share of the litter market while maintaining acceptable margins as we brand the product nationally."
The Company realized sales of over $200k in its testing period, and, with the national launch ongoing, anticipates achieving gross sales of up to $2.5M by the end of this year. This projection does not include anticipated sales to be recognized from the national launch of the K-9 Fat Free Dog Treats(TM) and potential orders of the Scoop-Lite(R) Cat Litter brand to grocery chains and mass merchandisers.
AMERIRESOURCE TECHNOLOGIES, INC. (OTCBB: AMRE) - Up 13.5% on Thursday"
AmeriResource Technologies Inc. is a publicly traded company with diversified holdings.
RoboServer Systems Corp. ("RoboServer") is a subsidiary of AmeriResource Technologies Inc. that trades under its own ticker: NASDAQ Pink Sheets RBSY. RoboServer develops self-serve/checkout systems that work like ATM machines, allowing customers of fast-food and take-out restaurants to quickly and easily place their food & beverage orders and pay with cash or a credit/debit card. For more information about RoboServer, see www.roboservercorp.com.
Net2Auction Inc. ("Net2Auction"), a majority-owned subsidiary of AmeriResource Technologies Inc., is an authorized eBay Trading Assistant that operates online auction drop-off locations. Net2Auction is ideal for people who want hassle-free selling online. Net2Auction takes care of everything: photographing goods, posting the picture and product description on eBay, handling inquiries, selling the goods, processing payments, and shipping and handling. Get the facts at www.net2auction.com.
EagleRider - Cancun, Mexico. AmeriResource Technologies Inc. is in the due diligence stage for acquiring controlling interest in the EagleRider franchise in the resort city of Cancun, Mexico. Cancun is a world-class destination resort, with 3 million visitors annually. EagleRider Inc. is the world's largest renter and tour-operator of Harley-Davidson motorcycles, as well as providing Adventure Rentals of personal watercraft, all-terrain vehicles, dirt bikes, etc. For more information about EagleRider in Cancun, visit www.eagleridercancun.com.
INTERNATIONAL FOOD PRODUCTS GROUP, INC. (OTCBB: IFDG) - "Up 25.88% on Thursday"
International Food Products Group, Inc. operates as an importer and U.S. representative for various domestic and foreign product companies in the United States. The company's products primarily include premium coffees from Columbia, organic vegetables from Asia, breath strips from Japan, and upscale potato chips from U.S. manufacturers. It markets and sells its products through a broker/distributor network. International Food Products Group was formed in 1996 and is based in Newport Beach, California.
IFDG News:
IVOICE, INC. (OTCBB: IVOC) - "Up 33.3% on Thursday"
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.
IVOC News:
July 21 - iVoice Sets Record Date for the Distribution of Special Dividend of iVoice Technology, Inc., Deep Field Technologies, Inc and SpeechSwitch, Inc. Class A Common Stock to iVoice Shareholders
iVoice, Inc., a leader in speech-recognition technology, announced today that its Board of Directors has set a record date for the previously announced spin-off of its three wholly owned subsidiaries, iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc., through a special dividend of all of the outstanding Class A Common Stock shares of each of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc., to iVoice's shareholders. Shareholders of record on July 29, 2005 will be entitled to receive the special dividend. The special dividend is expected to be payable on August 5, 2005. However, the distribution of the special dividend is contingent upon the Registration Statements on Form SB-2 of iVoice Technology, Deep Field Technologies, Inc. and SpeechSwitch, Inc. being declared effective by the Securities and Exchange Commission within an adequate time prior to the distribution date to allow for the printing and distribution to shareholders of the stock certificates and prospectus.
Holders of iVoice Class A Common Stock, other than affiliates of iVoice, will receive one share of Class A Common Stock of each of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. for every 988 shares of iVoice common stock that they hold. Holders of less than 988 shares of iVoice common stock will receive one share of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. Class A common stock. While all of the outstanding shares of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. Class A common stock will be held by non-affiliates of iVoice, Inc. and iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. following the distribution, all of the outstanding shares of Class B Common Stock (including convertible debt into such shares) of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. will be beneficially owned by affiliates of iVoice, Inc. or iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc.
iVoice, Inc., intends to transfer certain of its assets and related liabilities to iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. immediately prior to the distribution. The actual number of shares of Class A common stock of iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. to be distributed will be based on the number of shares of iVoice, Inc. common stock outstanding on July 29, 2005.
iVoice shareholders will not be required to take any action to receive the iVoice Technology, Inc., Deep Field Technologies, Inc. and SpeechSwitch, Inc. on the distribution date. Holders of iVoice common stock will not be required to pay any cash or other consideration for the distributed shares.
This spin-off of the three subsidiaries and the special dividend to iVoice shareholders is not a reverse stock split of the parent company, iVoice, Inc.
OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Profile Research Reports authored by our financial writers. OTCPicks.com puts out a daily Newsletter to subscibers and on M2 Presswire highlighting hot OTC and OTCBB stocks. To feature a company on OTCPicks.com or in our daily Newsletter or to get further information about OTCPicks.com, please contact our publisher, Brian Dean, for more information (Telephone: 972-546-3740; Email: publisher@otcpicks.com).
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.
The disclaimer is to be read and fully understood before using our site, or joining our email list. PLEASE NOTE: The OTCPicks.com employees are NOT Registered as an Investment Advisor in any jurisdiction whatsoever.
IP: Logged |
posted
[Wall Street News Alert: Breaking Market Alert: ERUG Continues Issuing Big News! July 26, 2005
Weston, FLA., Jul 26, 2005 (M2 PRESSWIRE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: ER Urgent Care (OTC: ERUG), EMC Corporation (NYSE: EMC), Plasticon International Inc. (OTC: PLNI), Apple Computers, (NASDAQ: AAPL) and QUALCOMM Inc. (NASDAQ: QCOM). Once again, ER Urgent Care (OTC: ERUG) should be appearing on the radar screen of aggressive investors and day traders! Yesterday after the stock markets closed, the company issued a press release announcing a profitable first quarter with a total income of $680,416.11 and a net income of $148,438.11.
The earnings should be welcomed by investors, as the company continues its rapid expansion! Jerry Miller company founder says "Most importantly E.R. Urgent Care has opened two additional centers that are not reflected in this first quarter financials. These two centers will show on the third quarter financials. And as previously mentioned our new C.F.O. Karen Weaver has been working very closely with the accounting firm of Jevitt and Schwartz to soon have all our financials in an audited statement. This is part of our master plan of soon becoming a fully reporting company." This brings our total number of clinics in the Dade and Broward area to six.
Investors should continue to monitor the progress of ER Urgent Care for further developments!
ER Urgent Care Center is a provider for Amerigroup, Avmed, Humana, Aetna, Hip/Vista/Beacon, Medicaid/Medipass/Medi-Kids, Total Health Choice, Assist Card, Cigna, Neighborhood Health Partnership, Corvel, Health Insurance Plans and many more.
For updated in-depth coverage and a company profile of ER Urgent Care, visit http://www.backissuesofnewsalerts.us/ERUG0725.html Prior to yesterday's press release, the stock closed at Thirty One cents a share.
In case you are not familiar with the company: ERUC Management Company Inc. operates ER Urgent Care Centers in the South Florida area. The "true, bona-fide," "Urgent Care Center" is a one-stop-shop where patients can receive premier health care, after-hours, at a fraction of the cost of emergency room visits. With the "Urgent Care Center" model, emergency rooms will no longer lose money on ER patients with minor injuries and illnesses and the HMOs will no longer have to pay exorbitant claims for non-admitted patients. ER Urgent Care Centers create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms. The company's website is www.erucc.net.
Stocks showing interesting activity yesterday at the close of the regular trading day were: EMC Corporation (NYSE: EMC) down 1.6% on 13.9 million shares traded, Plasticon International Inc. (OTC: PLNI) up 15.2% on 55.5 million shares traded, Apple Computers, (NASDAQ: AAPL) down 0.4% on 10.5 million shares traded and QUALCOMM Incorporated (NASDAQ: QCOM) down 0.03% on 13.5 million shares traded.
Commentary: "China said that is would no longer peg the yuan to the dollar and let it float which say a +2% gain in the yuan Monday. Analysts say this move could lead to a decline in the dollar and upward pressure on long-term interest rates," Stated Sonja Rudd in Wall Street News Alert's daily commentary continued at: http://www.***********************.
Let Wall Street News Alert help advertise for your company using our effective awareness campaigns. If you're Interested in telling your story, we can help. Contact us at info@***********************
WSNA's email alert service is free to those investors who sign up on the WSNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. The Wall Street News Alert home page has experienced over 50 million hits. To subscribe to this free service, visit the Wall Street News Alert home page at http://www.*********************** and select the "join now" button.
*** Wall Street News Alert is not affiliated with faxes bearing names such as: Wall Street Stock Alert, Wall Street Investor Alert, Wall Street News Alert or any other fax using various combinations of the generic words Wall Street! If you receive any such fax, please do not contact us at www.***********************. You may wish to inquire about the fax, with the CEO of the company that the fax is written about ***
Wall Street News Alert is a division of Wall Street Capital Funding LLC (WSCF). WSCF is not a registered broker/dealer and may not sell, offer to sell or offer to buy any security. WSCF profiles are not a solicitation or recommendation to buy, sell or hold securities. An offer to buy or sell can be made only with accompanying disclosure documents from the company offering or selling securities and only in the states and provinces for which they are approved. The material in this release is intended to be strictly informational. The companies that are discussed in this release have not approved the statements made in this release nor approved the timing of this release. All statements and expressions are the sole opinion of WSCF and are subject to change without notice. Information in this release is derived from a variety of sources including that company's publicly disseminated information, third parties and WSCF research. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained. WSCF disclaims any and all liability as to the completeness or accuracy of the information contained and any omissions of material fact in this release. The release may contain technical inaccuracies or typographical errors. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser, or a broker-dealer, or a member of any financial regulatory bodies. Investment in the securities of the companies' discussed in this release is highly speculative and carries a high degree of risk. WSCF is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment if they make a purchase in WSCF profiled stocks.
IP: Logged |
posted
who's the putz selling 35 grand at .001 at end of day...... well someone bought it loser! put your ask at .0011 at least.... duh.... people will buy there.....
IP: Logged |
posted
iVoice Partners with HTIS, Inc.: The Speech Enabled Auto Attendant is Provided by iVoice's Subsidiary SpeechSwitch, Inc.
By BusinessWire Last Update: 7/27/2005 6:12:01 AM Data provided by
MATAWAN, N.J., Jul 27, 2005 (BUSINESS WIRE) -- iVoice, Inc. (IVOC), a leader in speech-recognition technology, announced today that HTIS, Inc. has become an authorized re-seller of the iVoice Speech Enabled Auto Attendant.
Easily integrated with analog, digital or TAPI WAV connectivity with the various products offered in the HTIS product line, 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.
"By partnering with iVoice, Inc., HTIS will be able to offer the Speech Enabled Auto Attendant, another tool that will enhance our product line and give our clients a cost competitive solution for supporting the receptionist or replacing the dial by number auto attendant," said Ken Jones, HTIS's director of product management.
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.
"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 pleased to partner with HTIS to bring this solution to small and mid-sized enterprises," said Bruce Knef, CEO of SpeechSwitch, Inc.
About HTIS, Inc.
HTIS, Inc. is a full service provider of business communications systems and services. Established in 1985, HTIS, Inc. is a locally owned and operated Texas Corporation officed in Houston, Texas. HTIS designs and markets only top quality, technically superior telecommunications systems and has earned an exceptional reputation for its commitment to un-compromised customer service.
Whether your company is large or small, with one location or multiple locations, HTIS has the capability and flexibility to meet your product and service requirements on a local and national level. National service is accomplished by utilizing our service agreement with hundreds of other NEC Authorized Dealers located throughout the U.S. and Canada.
Our success is directly related to our excellent group of talented employees. Like any good company, our employees and our loyal customers are our greatest asset.
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, Toshiba 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.
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.
Jul 27, 2005 (M2 PRESSWIRE via COMTEX) -- Today our stock watch alerts today include a New Stock Profile Pet Ecology Brands, Inc. (OTC: PECB), and company profile for Cyberlux Corporation (OTCBB: CYBL) and stock alerts for Trump Entertainment Resorts, Inc. (OTCBB: DJTE), iVoice, Inc. (OTCBB: IVOC), Hana Bioscience, Inc. (OTCBB: HNAB), Inksure Technologies, Inc. (OTCBB: INKS).
Pet Ecology Brands, Inc. a Texas corporation, develops and manufactures unique and patented products for pets that are environmentally and technologically advanced, earth-friendly and safe. Pet Ecology's revolutionary patented cat litter destroys urine odor, clumps, and is earth-friendly. The litter is lightweight, convenient to use, is flushable and is safe for sewer and septic tank systems. It is safe for cats and our environment and does not contain any sodium bentonite or silica dust, as is used in competing brands. The design helps to protect the landfills, and yet does everything that clay litters do... and more. It has the unique ability to help indicate certain diseases commonly occurring in cats. Their litter not only warns of possible illness, but may also help indicate how far along the illness may be by the color the litter changes to, thereby providing the pet owner significant additional benefits and an early warning system concerning the cat's health. Pet Ecology Brands also markets a line of K-9 Fat Free Dog Treats(TM) which are the first "fat free" dog treats on the market that meet the standards of the U.S. Department of Agriculture, and offer dog owners an effective means to provide their pets with a non-fat tasty treat. They are also cholesterol free and sodium free. For more information visit their web site at www.petecology.com.
PECB News:
July 26 - Pet Ecology Announces Immediate Implementation of Plans for Asian Base Manufacturing and Distribution
Pet Ecology Brands Inc. (OTC: PECB) announced today that is has completed its initial due diligence on the Asian market, which it intends to penetrate through its previously announced joint venture with Bridgetech International Holdings Inc. (OTC:BGTH). As part of this due diligence, the Company's COO, Jane Lorenzen, recently completed a trip to Hong Kong and Mainland China, where she met with the staff of Bridgetech responsible for the arranging of manufacturing and distribution in Asia, reviewed manufacturing facilities in mainland China and visited with pet products retailers and distributors in both Hong Kong and mainland China.
The joint venture with Bridgetech allows the Company to navigate the challenge of arranging manufacturing and distribution in China within a very short period of time. Most companies of Pet Ecology's size do not have the contacts in Asia to negotiate cost effective manufacturing and distribution in China, and lack the time, money and manpower required to achieve significant results. Through a history of successful transactions, the management team of Bridgetech has built a network of reliable resources for research and development, manufacturing and distribution in China. Pet Ecology's joint venture with Bridgetech has already resulted in the completion of initial market research, and the formulation of a marketing and manufacturing plan. There are manufacturers in China who are readily able to accommodate the manufacturing needs of the Company's products and packaging, and initial estimates have indicated that Pet Ecology can save up to 60% in manufacturing costs by using Chinese manufacturers for its litter formula, and up to 80% on its packaging requirements.
Based on interviews conducted by Ms. Lorenzen with pet shop retailers, the number one concern for Hong Kong and Chinese consumers is odor control, followed by economic concerns, such as cost-effective pricing and/or litter that has to be changed or replaced less often. Although ecological/natural products were prevalent, such as paper and wood based products, many of those interviewed reported that the odor-control in these products is ineffective. Few litters were found that deliver the economical benefits and convenience of clumping, and fewer still were found to be flushable. The ultra lightweight, clumping, and flushable features provided by Pet Ecology's cat litter, together with superior odor control, should prove quite distinctive and appealing in the Chinese marketplace. In addition, research indicated a strong market and potential distribution opportunities for the Company's K-9 Fat Free Dog Treats(TM). Natural products with healthy ingredients were the apparent market leaders in the dog treat arena, powered by health-conscious Chinese pet owners.
According to a survey conducted by Euromonitor, a London-based global market research group, China's pet food and pet-care markets alone were valued at US$410 million last year, and are projected to achieve an annual growth of 15% per annum in retail volume, reaching US$820 million in 2008. Supermarkets and chain stores have experienced a rapid expansion over the last couple of years, as have pet shops and services.
The Company has concluded that there is a ready market in China and the rest of southeastern Asia for its products, and management has determined to proceed forward with its joint venture agreement with Bridgetech with plans to establish third party manufacturing facilities in China within the next six months. Initial manufacturing in Asia shall be utilized in the distribution of the Company's products in Asia, but it is anticipated that the Company will begin using Asian facilities to augment its North American product packaging needs by the second quarter of 2006. The Company is seeking distributors throughout Asia at this time, by means of Bridgetech's personnel located in Hong Kong and Shanghai, and hopes to sell its first products in Asia by the end of 2005.
The Company will be hosting at its offices in Dallas two Hong Kong employees of the Pet Ecology/Bridgetech joint venture in August 2005, when it expects to set production schedules and complete the Asian marketing plan.
CYBERLUX CORPORATION (OTCBB: CYBL) - "Up 47.8% on Tuesday, and up 146.3% since our initial coverage on 6/24"
Cyberlux Corporation (OTCBB: CYBL) has created breakthrough lighting technology that provides the most energy efficient and cost effective lighting solutions available today. Several products are designed to address emergencies such as power outages or critical security lighting needs. Others bring newly developed heatless light into the home for use in closets, cabinet interiors and under cabinet lighting for kitchen counters. Cyberlux uses solid-state semiconductors, trademarked as its diodal(tm) lighting elements, which consume 92 percent less energy than incandescent elements and perform for over 20 years in contrast to 750 hours for traditional bulbs.
OTC STOCKS TO WATCH:
TRUMP ENTERTAINMENT RESORTS, INC. ( OTCBB: DJTE) - "Up 15.63% on Tuesday"
Trump Entertainment Resorts, Inc. is a leading gaming company that owns and operates four properties. The Company's assets include Trump Taj Mahal Casino Resort and Trump Plaza Hotel and Casino, located on the Boardwalk in Atlantic City, New Jersey, Trump Marina Hotel Casino, located in Atlantic City's Marina District, and the Trump Casino Hotel, a riverboat casino located in Gary, Indiana. Together, the properties comprise approximately 371,300 square feet of gaming space and 3,180 hotel rooms and suites. The Company is the sole vehicle through which Donald J. Trump conducts gaming activities and strives to provide customers with outstanding casino resort and entertainment experiences consistent with the Donald J. Trump standard of excellence. Trump Entertainment Resorts, Inc. is separate and distinct from Mr. Trump's real estate and other holdings.
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.
HANA BIOSCIENCES, INC. (OTCBB: HNAB) - "Up 21.74% on Tuesday"
Hana Biosciences, Inc. is a South San Francisco, CA-based biopharmaceutical company that acquires, develops, and commercializes innovative products to advance cancer care. The company is committed to creating value by building a world-class team, accelerating the development of lead product candidates, expanding its pipeline by being the alliance partner of choice, and nurturing a unique company culture. Additional information on Hana Biosciences can be found at www.hanabiosciences.com.
INKSURE TECHNOLOGIES, INC. (OTCBB: INKS) - Up 8.16% on Tuesday"
InkSure Technologies Inc., with its corporate headquarters in Ft. Lauderdale, Florida and an R&D center in Science Park, Rehovot, Israel, specializes in comprehensive, covert security solutions designed to protect high profile brands and documents of value from counterfeiting, fraud and diversion. The Company's sales and marketing activities target a number of market opportunities, including financial, pharmaceutical, branded products, transportation, and government/institutional, on a global scale.
INKS News:
July 25 - InkSure Signs Contract for Protection of Ethical Pharmaceuticals
InkSure Technologies Inc. (OTCBB: INKS), a leading provider of covert machine-readable security solutions for the prevention of counterfeiting, fraud and diversion involving high profile brands and documents, today announced that its subsidiary, InkSure Inc., has entered into a contract to supply its authentication solutions to an undisclosed pharmaceutical customer in North America for a worldwide brand protection project.
The project involves the protection of millions of ethical (prescription-based) pharmaceutical products using InkSure's SmartInk coding solutions and handheld SignaSure authentication readers, as well as InkSure's quality assurance tools, which are used to monitor SmartInk application according to specifications. Initial deliveries under this contract are underway.
According to a report from Business Communications Company, Inc., a market research organization, ethical pharmaceuticals account for 74% of the global pharmaceutical market, and the sector is growing at double-digit percentage rates annually.
"Counterfeiting poses a huge risk to pharmaceutical manufacturers in terms of both loss of revenues and product liability issues," stated Elie Housman, Chief Executive Officer of InkSure Technologies Inc.
"Because of the high stakes involved, this market requires authentication solutions that are highly secure and accurate, provide fast and definitive determinations of authenticity without relying on operator judgment or interpretation, and are easy to implement on a global scale. InkSure's solutions are ideally suited to meet these requirements."
"InkSure will continue to focus on the pharmaceutical industry as a priority market, and we are currently involved in tests with a number of additional pharma companies and their suppliers," continued Housman. "We expect these tests to lead to additional pharma-related business later this year."
July 26 - InkSure Schedules Second Quarter Earnings Conference Call for August 2, 2005
InkSure Technologies Inc. (OTCBB: INKS) announced that it will host an investor conference call to discuss its second quarter operating results and the outlook for the balance of the year. The Company plans to report its second quarter operating results before the market opens on August 2, 2005.
The Company will host a conference call on Tuesday August 2, 2005 at 11:00 a.m. EDT to discuss second quarter results. The dial-in number for the conference call is 800-370-0898 (international/local participants dial 973-409-9260). Parties interested in participating in the conference call should dial in approximately five minutes prior to 11:00 a.m. EDT. A replay of the call will be available through August 9, 2005 by dialing 877-519-4471 (international callers dial 973-341-3080), and the replay Access Code is 6310608.
OTCPicks.com is an Internet destination for investors seeking information on smallcap and microcap companies. The web site features companies in Profile Campaigns, Executive Interviews and Profile Research Reports authored by our financial writers. OTCPicks.com puts out a daily Newsletter to subscibers and on M2 Presswire highlighting hot OTC and OTCBB stocks. To feature a company on OTCPicks.com or in our daily Newsletter or to get further information about OTCPicks.com, please contact our publisher, Brian Dean, for more information (Telephone: 972-546-3740; Email: publisher@otcpicks.com).
Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment.
The disclaimer is to be read and fully understood before using our site, or joining our email list. PLEASE NOTE: The OTCPicks.com employees are NOT Registered as an Investment Advisor in any jurisdiction whatsoever.
IP: Logged |
iVoice Partners with HTIS, Inc.: The Speech Enabled Auto Attendant is Provided by iVoice's Subsidiary SpeechSwitch, Inc. Wednesday July 27, 6:12 am ET
MATAWAN, N.J.--(BUSINESS WIRE)--July 27, 2005--iVoice, Inc. (OTCBB:IVOC - News), a leader in speech-recognition technology, announced today that HTIS, Inc. has become an authorized re-seller of the iVoice Speech Enabled Auto Attendant. ADVERTISEMENT
Easily integrated with analog, digital or TAPI WAV connectivity with the various products offered in the HTIS product line, 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.
"By partnering with iVoice, Inc., HTIS will be able to offer the Speech Enabled Auto Attendant, another tool that will enhance our product line and give our clients a cost competitive solution for supporting the receptionist or replacing the dial by number auto attendant," said Ken Jones, HTIS's director of product management.
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.
"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 pleased to partner with HTIS to bring this solution to small and mid-sized enterprises," said Bruce Knef, CEO of SpeechSwitch, Inc.
About HTIS, Inc.
HTIS, Inc. is a full service provider of business communications systems and services. Established in 1985, HTIS, Inc. is a locally owned and operated Texas Corporation officed in Houston, Texas. HTIS designs and markets only top quality, technically superior telecommunications systems and has earned an exceptional reputation for its commitment to un-compromised customer service.
Whether your company is large or small, with one location or multiple locations, HTIS has the capability and flexibility to meet your product and service requirements on a local and national level. National service is accomplished by utilizing our service agreement with hundreds of other NEC Authorized Dealers located throughout the U.S. and Canada.
Our success is directly related to our excellent group of talented employees. Like any good company, our employees and our loyal customers are our greatest asset.
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, Toshiba 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.
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.
-------------------------------------------------------------------------------- Contact: iVoice, Inc. Dolores Serafin, 732-441-7700 Just say "Investor Relations" investors@ivoice.com http://www.ivoice.com
IP: Logged |
posted
Wow this stock looks VERY good ask is weak but the bid is VERY strong look at the Level IIs. Also currently has great momentum. Price is also nice and cheap. Looks great. I'm going to try pick up some shares now. Good luck to all.
IP: Logged |
posted
this looks bullish for a run to .0025 as they have to hold till august 5 for 3 spin off divies..vol already 266m..ask thinning at .0013 and bids building at .0012..i see a big run after lunch
IP: Logged |
posted
Sorry if someones posted on this before, but . Deep Field Technologies Inc. and SpeechSwitch Inc. our two spin off companies, any ideas on what they are worth? can't seem to find any info or ticker symbols, what am I missing here?
IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
