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Fonix/Epson Speech Solution Selected by TopGrade for
Added: (Mon Nov 17 2003)
News Release
For Immediate Release:
November 16, 2003
Fonix/Epson Speech Solution Selected by TopGrade for
Chinese Electronic Dictionary
SALT LAKE CITY, Nov 16, 2003 Fonix(R) Corporation (FNIX), a global provider of leading speech solutions and easy-to-use voice interfaces for devices and systems, announces the availability of our speech interface solution on an educational electronic dictionary manufactured and sold by TopGrade, a leading Chinese manufacturer of embedded devices. TopGrade's device, Kinbible V2100, features the recently announced Fonix/Epson speech solution and is currently on the market. Fonix receives unit royalties from the sale of each device sold, primarily in the Chinese electronic device market. Educational electronic dictionary devices are growing in popularity in China and are expected to exceed a market volume of over 500,000 units per quarter.
Through our partnership with Epson, Fonix has established a working relationship with TopGrade, located in Shenzhen, China, to implement Fonix speech interface solutions in products they manufacture and sell. As their first product offering in this partnership, TopGrade has implemented the Fonix/Epson speech solution in a palm-sized electronic dictionary for Chinese speakers. This valuable educational tool is based on the Fonix/Epson speech solution, which bundles the premier Fonix DECtalk text-to-speech on Epson's powerful processor chips. The Fonix/Epson solution is specifically designed for limited-memory devices.
"The Fonix/Epson speech solution on TopGrade's electronic dictionary provides a superior speech interface for users," says Samuel Pang, executive director at TopGrade. "The Fonix solution offers customers the most understandable, accurate voices and makes the Kinbible V2100 an excellent tool for Chinese speakers to learn English."
"The power of Epson chips gives manufacturers like TopGrade the opportunity to integrate voice interfaces on limited-memory devices," says Lynn Shepherd, vice president, Fonix Product Development. "This relationship between Fonix, Epson and TopGrade will expand market opportunities for other TopGrade products incorporating Fonix/Epson speech solutions."
Visit www.bible.com.cn for information about the Kinbible V2100 (in Chinese).
About Fonix
Fonix Corporation (OTC BB: FNIX) provides speech interface solutions for mobile / wireless devices, computer telephony systems, the assistive market, automobiles and everyday consumer devices. Manufacturers and developers incorporate Fonix technology to provide their customers with an easy, convenient, reliable user experience. Visit www.fonix.com for an introduction to Fonix's suite of speech solutions, or contact a representative at (801) 553-6600 and say "Sales."
Statements released by Fonix that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company's business prospects and performance. The Company's actual results could differ materially from those in such forward-looking statements. Risk factors include general economic, competitive, governmental and technological factors as discussed in the Company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The Company does not undertake any responsibility to update the forward-looking statements contained in this release.
SOURCE: Fonix Corporation
Media Contact:
Fonix Corp., Salt Lake City
Elizabeth Sweeten
1-801-553-6600
mediainfo@fonix.com
Investor contact:
ECON Investor Relations, Inc.
1-866-894-3913
Dawn Van Zant
dvanzant@investorideas.com
or
Trevor Ruehs
truehs@investorideas.com
www.investorideas.com
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http://www.investorideas.com/Companies/FNIX/NewsReleases.asp