|[January 24, 2013]
Amazon.com Announces Acquisition of IVONA Software
SEATTLE --(Business Wire)--
(NASDAQ:AMZN)-Amazon.com (News - Alert), Inc. today announced that it has acquired
leading text-to-speech technology company IVONA Software. IVONA delivers
world-class technologies that power the "Text-to-Speech," "Voice Guide"
and "Explore by Touch" features on Kindle Fire tablets. Additionally,
IVONA delivers text-to-speech products and services for thousands of
developers, businesses and customers around the world.
"IVONA's exceptional text-to-speech technology leads the industry in
natural voice quality, accuracy and ease of use. IVONA is already
instrumental in helping us deliver excellent accessibility features on
Kindle Fire, including Text-to-Speech, Voice Guide and Explore by
Touch," said Dave Limp, Vice President, Amazon Kindle. "The IVONA team
shares our passion for innovation and customer obsession, and we look
forward to building great products to deliver world-class voice
solutions to customers around the world."
"For more than ten years, the IVONA team has been focused on creating
innovative text-to-speech technologies," said Lukasz Osowski, CEO and
co-founder of IVONA. "We are all thrilled that Amazon is supporting our
growth so that we can continue to innovate and deliver exceptional voice
and language support for our customers."
IVONA offers voice and language portfolios with 44 voices in 17
languages and more in development.
Amazon.com, Inc., a Fortune 500 company based in Seattle, opened on the
World Wide Web in July 1995 and today offers Earth's Biggest Selection.
Amazon.com, Inc. seeks to be Earth's most customer-centric company,
where customers can find and discover anything they might want to buy
online, and endeavors to offer its customers the lowest possible prices.
Amazon.com and other sellers offer millions of unique new, refurbished
and used items in categories such as Books; Movies, Music & Games;
Digital Downloads; Electronics & Computers; Home & Garden; Toys, Kids &
Baby; Grocery; Apparel, Shoes & Jewelry; Health & Beauty; Sports &
Outdoors; and Tools, Auto & Industrial. Amazon Web Services (News - Alert) provides
Amazon's developer customers with access to in-the-cloud infrastructure
services based on Amazon's own back-end technology platform, which
developers can use to enable virtually any type of business. Kindle
Paperwhite is the most-advanced e-reader ever constructed with 62% more
pixels and 25% increased contrast, a patented built-in front light for
reading in all lighting conditions, extra-long battery life, and a thin
and light design. The new latest generation Kindle, the lightest and
smallest Kindle, now features new, improved fonts and faster page turns.
Kindle Fire HD features a stunning custom high-definition display,
exclusive Dolby audio with dual stereo speakers, high-end, laptop-grade
Wi-Fi with dual-band support, dual-antennas and MIMO for faster
streaming and downloads, enough storage for HD content, and the latest
generation processor and graphics engine-and it is available in two
display sizes-7" and 8.9". The large-screen Kindle Fire HD is also
available with 4G wireless, and comes with a groundbreaking $49.99
introductory 4G LTE (News - Alert) data package. The all-new Kindle Fire features a 20%
faster processor, 40% faster performance, twice the memory, and longer
Amazon and its affiliates operate websites, including www.amazon.com,
As used herein, "Amazon.com," "we," "our" and similar terms include
Amazon.com, Inc., and its subsidiaries, unless the context indicates
About IVONA Software
IVONA Software develops award-winning text-to-speech technology for use
in the voice user interfaces on mobile devices, computers, communication
systems and services. Its text-to-speech products have been recognized
as industry leading in terms of natural voice quality, accuracy and ease
of use. Today, IVONA offers one of the fastest growing voice and
language portfolios with 44 voices in 17 languages and more in
development. The IVONA suite includes a wide range of text-to-speech
solutions for consumers, developers who want to incorporate
text-to-speech into their user interfaces, and business customers from a
variety of industries, including accessibility, public
announcement/transportation, telecommunications, e-learning and more.
Additionally, in support of its long-standing commitment to
accessibility, IVONA works closely with the largest organizations
supporting blind and visually impaired people all over the world,
including the Royal National Institute of Blind People and the DAISY
Consortium. For more information on the IVONA Text-to-Speech visit www.ivona.com.
This announcement contains 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. Actual results may differ significantly
from management's expectations. These forward-looking statements involve
risks and uncertainties that include, among others, risks related to
competition, management of growth, new products, services and
technologies, potential fluctuations in operating results, international
expansion, outcomes of legal proceedings and claims, fulfillment center
optimization, seasonality, commercial agreements, acquisitions and
strategic transactions, foreign exchange rates, system interruption,
inventory, government regulation and taxation, payments and fraud. More
information about factors that potentially could affect Amazon.com's
financial results is included in Amazon.com's filings with the
Securities and Exchange Commission, including its most recent Annual
Report on Form 10-K and subsequent filings.
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