SOURCE: SpeechSwitch, Inc.

June 05, 2007 06:25 ET

SpeechSwitch, Inc. Launches Innovative Online Audio Production Store Powered by Holdcom

MATAWAN, NJ--(Marketwire - June 5, 2007) - SpeechSwitch, Inc. (OTCBB: SSWC), a leader in speech-recognition technology, deployed via their website a new audio production store. SpeechSwitch, Inc. ("SpeechSwitch") previously was a wholly owned subsidiary of iVoice, Inc. prior to the spin-off from iVoice that was completed in August 2005 as a special stock dividend distribution to iVoice shareholders. Seeking to provide their customers with the latest marketing tools at competitive prices, SpeechSwitch recently contracted with Holdcom, the leader in the audio marketing industry, to create a branded online audio production store. This store offers effective audio marketing tools including Message-On-Hold solutions and Voice Prompt production for telephone call processing and web audio applications.

"We are proud to provide this latest innovation to SpeechSwitch, Inc.," Harvey Edelman, CEO of Holdcom, explained. "Any time we're able to offer preferred pricing for the products and services of a world class organization such as Holdcom to our customers, we're pleased," offered Bruce Knef, CEO of SpeechSwitch. "Our long standing relationship with Holdcom has grown into a Partner relationship on the strength of their consistently satisfactory fulfillment of our customer audio marketing needs, and the effectiveness of their services," he added.

The branded store, which displays the SpeechSwitch, Inc. logo and colors, has individual departments for each audio marketing service that allow users to sample a wide range of voice talent, and music tracks. A host of cutting edge features make the store easy to use for what in the past might have been a daunting task for a business owner, marketing personnel, or even telecom personnel. The store, which offers SpeechSwitch. Inc. customers exclusive discounts, accepts all major credit cards.

SpeechSwitch's Speech-Enabled Auto Attendant system places people at ease and allows customers to use their most natural form of communication, their own voice, to navigate to the person they want to speak with. Customers can avoid cumbersome touch-tone menus and spell-by-name directories to reach individuals.

About SpeechSwitch, Inc.:

SpeechSwitch previously was a wholly owned subsidiary of iVoice, Inc. prior to the spin-off from iVoice that was completed in August 2005 as a special stock dividend distribution to iVoice shareholders. SpeechSwitch, Inc. was incorporated in New Jersey on November 10, 2004 as a wholly owned subsidiary of iVoice, Inc. It is engaged in the design, manufacture, and marketing of specialized telecommunication equipment. Our products use standard open-architecture PC platforms and Microsoft Windows operating systems, thereby facilitating the rapid adoption of new PC-based technologies while reducing overall product costs. We concentrate our product development efforts on software rather than hardware because we believe that the most efficient way to create product value is to emphasize software solutions that meet customers' needs. We have traditionally used standard PC-related hardware components in our products, in part, to limit our need to manufacture components. Our manufacturing operations consist only of the installation of our proprietary software and, if required, a voice board, into a fully assembled PC system which we obtain from several different vendors. The Company obtains system components such as PCs, circuit boards, application cards, fax boards, and voice boards from various suppliers. Our flagship product is our Speech-enabled Auto Attendant product. The Auto Attendant engages callers in a natural language dialog and is ready to transfer a caller to an extension for the party the caller is trying to reach at any time. Callers can interrupt the Auto Attendant at any time by barging in on the prompts and simply saying the name of the person or department they wish to speak to.

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 SpeechSwitch, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

Contact Information

  • Contacts:
    Dolores Serafin
    SpeechSwitch, Inc.

    Bruce Knef
    SpeechSwitch, Inc.
    750 Rt. 34
    Matawan, NJ 07747
    Tel: 732-441-7700 "Just Say My Name"
    Fax: 732-441-9895