SOURCE: SpeechSwitch, Inc.

July 09, 2008 06:30 ET

SpeechSwitch & Safari Telecom Partner to Deploy Auto Speech Attendant at Dr. Reddy's Laboratories, Inc.

MATAWAN, NJ--(Marketwire - July 9, 2008) - SpeechSwitch, Inc. (OTCBB: SSWC), a leader in speech-recognition technology, announced today that Dr. Reddy's Laboratories, Inc. has installed a Speech Enabled Auto Attendant at their corporate headquarters building. SpeechSwitch, Inc. ("SpeechSwitch") previously was a wholly owned subsidiary of iVoice, Inc. (OTCBB: IVOI) prior to the spin-off from iVoice that was completed in August 2005 as a special stock dividend distribution to iVoice shareholders.

Dr. Reddy's implemented a turnkey solution of the iVoice Speech-Enabled Auto Attendant installed on their Avaya phone system. "The iVoice Speech-Enabled Auto Attendant allows our customers and partners to call in, speak the name of the person or department they are looking for, and get transferred immediately. Speech technology is an excellent tool," said Donna Sozio Kosmas, Senior Director, Human Resources.

The Auto Attendant was sold and installed by SpeechSwitch partner Safari Telecom. 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 Dr. Reddy's Laboratories, Inc.:

Dr. Reddy's Laboratories was established in 1984 in Hyderabad, India, and is a global pharmaceutical company with proven research capabilities. Dr. Reddy's conducts research in the areas of diabetes, obesity, cardiovascular diseases, anti-infectives, and inflammation. The India-based company produces finished dosage forms, active pharmaceutical ingredients, and biotechnology products that are marketed globally, with a focus on India, the United States, Europe, and Russia. www.drreddys.com

About Safari Telecom:

Headquartered in Ramsey, N.J., Safari Telecom is an authorized Avaya Business Partner specializing in VoIP telephony solutions, converged voice and data networks, broadband solutions, advanced wide area network solutions and wireless applications. For more information on Safari, www.safaritelecom.com

At Safari Telecom we ensure that our customers receive exceptional value for their telecommunications dollars. We accomplish this by utilizing our industry experience, affiliations, and expertise to bring our customers best-in-class telecommunication products and services, the knowledge to evaluate those products and services, and committed people to provide outstanding support.

About SpeechSwitch, Inc.:

SpeechSwitch previously was a wholly owned subsidiary of iVoice, Inc. (OTCBB: IVOI) 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 2000 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 recently adapted our applications to integrate with different manufacturer telephone switches through the use of Telephony Application Program Interface or "TAPI." The use of TAPI, allows SpeechSwitch to integrate our applications into different telephone manufacturers Private Branch Exchange systems or "PBXs," eliminating the need for costly additional external hardware. 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. www.speechswitch.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 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
    732-441-7700
    Email Contact

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