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Wizzard Software Continues to Win Vertical Market Business with Broad-Based Speech Technology Offerings
PITTSBURGH --(Business Wire)-- Aug. 31, 2005 -- Wizzard Software (OTCBB:WIZD) announced today that Wizzard's speech offerings are being incorporated into a variety of applications and programs not previously announced, across a myriad of vertical markets in North America and around the world. Wizzard is well-known as a speech technology supplier for customer branded products that are marketed worldwide, but increasing numbers of Wizzard customers are integrating speech technologies into internally used applications.
Wizzard's speech offerings continue to make an impact on the assistive and education categories. The re-order side of the business is strong and many leading developers of assistive and educational products have repeatedly chosen Wizzard as their source for text-to-speech technology. Higher Education and commercial offerings are using speech technology to provide accessibility of text books and learning materials to impaired students.
Government agencies and organizations are using Wizzard's speech offerings to streamline processes, improve efficiency and promote safety. An application deployed by an agency of the Canadian government collects road/weather/incident conditions and uses text-to-speech to disseminate vital information to travelers. One mid-Western U.S. city government is using text-to-speech to convert text from a building management monitoring system into voice files in order to notify emergency personnel from a pre-determined contact list. Another mid-Western U.S. city government is using text-to-speech in a server-based application to make public address announcements to patrons of their metro system.
Service companies are choosing Wizzard's offerings to help them improve customer service and company productivity. A U.S. based wireless data and messaging service company has enhanced their user experience by allowing subscribers to have text-to-speech read their messages to them. A different U.S. based company, specializing in home organization, has implemented an internal retrieval application that increases field agent productivity by using text to speech to provide them with customer information while on the road. Yet another US based financial services company is using one of Wizzard's text to speech offerings to create a better user experience with online product and service training. Finally, a U.S. based company has added another level of automation to electric utility monitoring systems by using text to speech to alert the appropriate personnel when infrastructure problems occur.
Wizzard's speech offerings are also adding value in the healthcare category. Wizzard's speech recognition offering is being used by to power voice-activated ultra-sound machines in order to create a hands-free environment for medical staff, while a US based advocacy group is using text to speech to assist in the rehabilitation of patients who have lost the ability to speak. Another US based company has created a server-based application that uses speech technology to assist in health-care management and Wizzard is in the process of creating several speech based applications for its entry into the home healthcare market to compliment its Talking Pill Bottle product line.
"As interest in speech technology grows, more companies and organizations are looking to Wizzard to help them create applications easily, inexpensively and with expert customer service," said Danielle Lewis, Marketing Director for Wizzard Software. "From our vantage point we can clearly foresee speech becoming an everyday element of education systems, government bodies and a variety of business operations."
About Wizzard Software:
Founded in 1996, Wizzard Software has become a leader in the speech technology application development market. Wizzard architects solutions to business problems using its expertise in consulting, speech development tools and building speech based applications for the Desktop and Internet. Wizzard has achieved global recognition because of its expertise with voice communication whether it is via PC or telephone. Wizzard's successes have lead to expanding opportunities in both the government and commercial sectors. In April of 2004, Wizzard acquired MedivoxRx Technologies. Established in 2000, MedivoxRx is the originator of "Rex", the talking prescription pill bottle, which "talks" to the patient allowing them to distinguish what type of medication is in the bottle and hear critical information on dosage amounts and refill parameters. Additional information on MedivoxRx can be found at www.rxtalks.com. More information on Wizzard Software can be found on the Investor's Page at www.wizzardsoftware.com.
Legal Notice
Legal Notice Regarding Forward-Looking Statements: "Forward-looking Statements" as defined in the Private Securities litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies and acts of terror against the United States.
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