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Wizzard Expands Target Market With WizzScribe Server-Based Speech Recognition; Company Expands Portfolio Of Offerings To Corporate Users With IBM Speech Technology
Wizzard Software (OTCBB:WIZD) announced today they have expanded their portfolio of offerings powered by IBM WebSphere Voice Application Access 5.0. The WizzScribe Software Developers Kit (SDK) and server-based runtimes support the offline conversion of voice audio into text, bringing large vocabulary voice recognition technology to a new generation of business applications. Wizzard chose IBM's WVAA 5.0 solution because of its rapid application environment and built in authentication technologies - freeing the developer to focus on core business application logic. It is IBM's premiere solution for the delivery of voice portals and managed voice applications.
PITTSBURGH, PA (PRWEB) September 3, 2004 -- Wizzard Software (OTCBB:WIZD) announced today they have expanded their portfolio of offerings powered by IBM WebSphere Voice Application Access 5.0. The WizzScribe Software Developers Kit (SDK) and server-based runtimes support the offline conversion of voice audio into text, bringing large vocabulary voice recognition technology to a new generation of business applications. Wizzard chose IBM's WVAA 5.0 solution because of its rapid application environment and built in authentication technologies - freeing the developer to focus on core business application logic. It is IBM's premiere solution for the delivery of voice portals and managed voice applications.
A first of its kind, WizzScribe supports a wide variety of input devices and methods through the use of an offline mode of voice recognition. It can also add speech recognition capability to industrial strength server based applications whenever large volumes of audio need to be converted into text for searching, data-mining, storage and documentation.
"One of the more powerful attributes of WizzScribe is its ability to be implemented as a voice portlet that enables users to call into a portal, dictate information, and then have the dictated audio converted into text," said Igor Jablokov, IBM's Program Director for Multimodal & Voice Portals. "The results of the converted audio (text) can then be used by an application, accessed through the Web or sent to the user by email."
WizzScribe targets an emerging and substantial market for server based speech recognition. Applications range from corporate customers wanting to increase mobile workforce productivity, to ISPs that offer dictation services. Applications that can benefit from this offering include note keeping and information gathering for mobile professionals and blue collar workers, data-mining of various audio streams as well as more traditional uses like correspondence and documentation. There is tremendous potential value in adding server-based large-vocabulary speech recognition to corporate applications.
"If you think of this as an electronic clipboard accessed via telephony you begin to see the productivity advantages to a mobile sales force," said Bruce Phifer, Wizzard Software's General Manager of Business and Market Development. "The flexibility and scalability of a deferred recognition server based implementation opens up this powerful technology to an expanding list of uses that go far beyond traditional dictation technology."
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, Inc. Founded 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 information on dosage and refill instructions. Additional information can be found at www.rxtalks.com. More information on Wizzard Software can be found in Wizzard's Investor's Corner 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.
IR Contact:
Arthur Douglas and Associates
Art Batson
407/478-1120
Wizzard Contact:
Danielle Lewis
412/621-0902
danielle@wizzardsoftware.com
PR Contacts:
KPR, Inc.
Barbara Evans or Dave Kaye
818/368-8212
barbara@kprinc.com or dave@kprinc.com
IBM Software Group
Laura Wessner
914/766-1366/TL 826-1366
wessner@us.ibm.com
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