GSL to leverage Voxware's newest technology to improve product performance
HONG KONG and PRINCETON, N.J., Aug. 6 /PRNewswire/ -- Group Sense Limited, one of Asia's leading consumer electronics manufacturers, and Voxware(R), Inc., a premier supplier of speech and audio technology, today announced that GSL has licensed Voxware's newest coding technology for its next generation translator and personal organizer product line.
"As we develop new platforms, we are constantly in search of ways to differentiate our products from our competition," remarked Thomas Tam, GSL Managing Director. "The Voxware partnership and its desire to tailor a solution just for GSL allows us to improve our products' audio quality and further differentiate ourselves from our competition. That can't be done with a standard, 'off-the-shelf' technology."
"We are delighted about our newest partnership with one of Asia's leading consumer electronics manufacturers," noted Bathsheba Malsheen, president and CEO of Voxware. "A partnership with a major industry player like GSL is all about attention to customer needs and a willingness to provide the technologies necessary to make them competitive. Our new corporate structure and philosophy was specifically designed to enable long partnerships with customers like GSL, and we are pleased that this new focus has generated so many successes so quickly."
About Group Sense Limited
GSL, headquartered in Hong Kong, is one of Asia's leading consumer electronics manufacturers. GSL is experienced in producing high-end electronic devices including translators, organizers, databanks, pagers, educational toys, security and telecommunications products, under either GSL's own brand names or private labels. GSL is applying various state-of-the-act technologies, such as handwriting recognition, voice compression, voice recognition, etc. to its products. Additional information about GSL and its products can be obtained by sending e-mail to gsl@gsl.com.hk or by calling 852-2832-8228 or by faxing to 852-2892-0361.
About Voxware, Inc.
Voxware, Inc. (Nasdaq: VOXW) is a premier developer of speech and audio technologies for Internet Protocol (IP) telephony, multimedia software, electronic devices and wireless communications. The Company licenses its technologies to software developers, hardware manufacturers and service providers who are incorporating audio into their applications. Voxware was founded in 1993. Its corporate headquarters are in Princeton, New Jersey, with regional offices in Tokyo, Japan and Oxfordshire, England. Additional information about Voxware can be obtained on the Internet at http://www.voxware.com, by sending e-mail to vox@voxware.com or by calling 609-514-4100.
This news release contains forward-looking statements. Such statements are subject to certain factors which may cause Voxware's plans to differ or results to vary from those expected including the risks associated with development of new products and the uncertainty of product acceptance, the uncertainty of adoption of the Internet as a medium for voice communications, the Company's reliance on third parties to generate recurring revenues, the competitive nature of the Company's industry, rapid technological changes, the Company's need to develop new and enhanced products, government regulations and legal uncertainties, the Company's dependence on key personnel, uncertainties regarding patents and proprietary rights, and a variety of risks set forth from time to time in Voxware's filings with the Securities and Exchange Commission. Voxware undertakes no obligation to publicly release results of any of these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unexpected events.
Voxware is a registered trademark. All other product names are either registered trademarks or trademarks of their respective owners.
SOURCE Voxware, Inc. -0- 08/06/98
/CONTACT: Thomas Tam, Managing Director of Group Sense Ltd., 852-2832-8228; Bathsheba Malsheen, President & CEO, or Nicholas Narlis, Vice President & CFO of 609-514-4100 of Voxware, Inc.; or Michele Katz or Jonathan Rebell of Morgen-Walke Associates, 212-850-5600, for Voxware, Inc./
/Web site: http://www.voxware.com/ (VOXW) CO: Voxware, Inc.; Group Sense Limited ST: New Jersey IN: CPR SU: SH -- NYTH096 -- 3577 08/06/98 16:01 EDT http://www.prnewswire.com
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