and we believe that the Wavescribe software reflects this future.
Las Vegas, NV (PRWEB) April 8, 2005
Wavescribe International Corp (WSIC) (OTC:PINKSHEETS - WSBL.PK). WSIC (The Company) began in 2001 and has evolved over the years with the successful research, development, beta testing and launch of its flagship software product, WaveScribe.
"The future of word processing/document production will require no software, no installation, no upgrades and will be easy to learn. Documents will be databased and searchable. Access to files can be limited to an individual or given to staff anywhere in the world. Production groups can create documents from handwritten paper or varying dictation sources. It will be an internet-based platform with documents available online. It will change the way we create, access, edit, manage, and archive volume documentation," says Wavescribe President Cris Bahar, "and we believe that the Wavescribe software reflects this future."
Wavescribe offers the first web-based transcription software that was designed, developed, and deployed by transcriptionists. Documents created through WaveScribe have a 128-bit security encryption, HIPPA and Privacy Law compliance. Access to a medical or legal transcribed document for editing, reprints, updates, 24 hours a day in a simplified and cost-effective manner to handle the task of document control is now available. The WaveScribe platform requires no software to purchase, and installation on to a specific PC is not needed. The transcriptionist utilizing the platform can use several methods to create documents such as uploading existing documents and/or formats while maintaining the traditional methods of transcription such as analog tapes, digital tapes, handheld devices, phone in rerecorded or pushed and even computer generated methods. In addition, future advances include speech-to-text and net/web (documents created on a private network automatically stored and accessible on the internet platform).
"MT's love using WaveScribe because they find it easier than ever to access voice files thereby increasing their productivity and their income," added Wavescribe President Cris Bahar. "Transcription companies and End-User Clients love WaveScribe because it gives them unprecedented control of their transcription process and total accountability."
Because of demonstrated need for this type of product and the shortcomings of current industry services and methods, the target markets for this application are broad, extensive and lucrative and include the medical, legal, research, entertainment, and educational industries; anyone that works with a large volume of documents. Transcription services offered across a broad spectrum have included web conferences, special events, speeches, corporate meetings, business plans, lectures, interviews, resumes and educational documents. The size of individual target markets varies significantly, however, as an example, the medical transcription industry is estimated at approximately six billion dollars, and the legal transcription industry is estimated at more than twice the size of medical. The target markets are so large and diverse, and the typical providers of these services so fractionalized, that it is difficult to accurately quantify.
Be sure to visit the company at http://www.wavescribe.com or to contact us by email, write to Info@wavescribe.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, contained in this release which are not historical facts may be deemed to contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations
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