VoiceBox
Technologies and InfoSpace Sign a Multi-Year Partnership Agreement
InfoSpace and VoiceBox to Develop Voice Enabled Applications for Mobile Markets
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SEATTLE, Washington - February 8, 2006 - Continuing its series of strategic agreements with several market leaders, VoiceBox Technologies, the innovator in conversational voice search software for mobile devices, today announced that it has entered a multi-year licensing agreement with InfoSpace, Inc. (NASDAQ: INSP), a leading provider and publisher of mobile content, products and services, to co-develop best-of-breed voice applications for the mobile market.
InfoSpace's expertise in delivering content through mobile devices combined with VoiceBox's leadership in voice search and conversational language processing sets the stage for the emergence of breakthrough voice-enabled mobile devices. The companies conducted several market tests in 2005 and are currently developing new products which are expected to become available during 2006.
"Mobile content provides a huge opportunity for carriers, both in terms of improving customer satisfaction and increasing revenues. Yet, because accessing content has been cumbersome, adoption rates have not reached their full potential," said InfoSpace Chief Executive Officer Jim Voelker. "We give VoiceBox high marks to its voice search technology. We believe our partnership with VoiceBox will help us develop products which greatly improve the user experience and transform the way the mobile device is used today."
"The tremendous amount of digital content available is often overwhelming and frustrating when it comes to accessing and retrieving the information you want most. Because of our unique ability to recognize context and determine a user's intent, our technology delivers the unprecedented capability to execute a free-form conversational voice search by just asking for what you want," said Mike Kennewick, co-founder and chief executive officer of VoiceBox Technologies. "We're delighted to be working with InfoSpace. The partnership validates and strengthens what we feel is a superior voice search technology and a natural fit for mobile devices."
While the foundation of VoiceBox Technologies' product is based on advanced algorithms and cutting edge programming, the user's experience is very straightforward. Simply put, the technology allows the user to speak in free form, determines the context and intent from the dialogue, and then responds with the answer. Consistent and highly accurate recognition rates make this technology particularly appealing. And, also sets it apart from the often frustrating experience users have with current technologies on the market.
About VoiceBox Technologies
VoiceBox Technologies offers the world's first conversational voice search platform, called the VoiceBox Navigator Platform, enabling breakthrough conversational search and navigation of digital content from any mobile device and from any IP network or digital broadcast. A key differentiator for VoiceBox's Navigator Platform is that it consistently achieves a remarkable level of task completion searching across multiple content domains through its Knowledge Enhanced Search and Speech Recognition (KESSR) algorithms, which determine the context and intention behind the words spoken by the user. Intelligent queries and searches are then dynamically executed by a voice search engine based on such context and user intent. The VoiceBox Navigator Platform runs on various embedded, desktop and server systems for applications such as music and media, navigation and driving directions, directory and hands-free dialing, and control over digital devices.
VoiceBox, headquartered in Bellevue, Wash., develops and sells rich conversational language and voice search applications for the automotive, digital home, mobile phone and VOIP markets. More information is available through the Web site found at www.voicebox.com.
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