7-Eleven Selects Voxware's VoiceLogistics to Improve Efficiency; Largest Convenience Retailer Agrees to 60 Initial User Installation in California Facility.Business/Technology Editors PRINCETON, N.J.--(BUSINESS WIRE)--Feb. 26, 2002 Voxware, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : VOXW), a leading speech recognition company providing natural language-based solutions for industrial applications, announced today that 7-Eleven, Inc. (NYSE NYSE See: New York Stock Exchange : SE), through its third party logistics provider, Cardinal Logistics Management Logistics Management is that part of Supply Chain Management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet , Inc, has selected Voxware's VoiceLogistics(tm) system for installation in its Fullerton, California Fullerton is a city located in northern Orange County, California, United States. As of the 2000 census, the city had a total population of 126,003. It was founded in 1887 by George and Edward Amerige and named for George H. facility. As part of the contract between Voxware and Cardinal, Voxware will deliver system and application software, hardware, RF infrastructure, professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , and ongoing maintenance for 60 VoiceLogistics users at 7-Eleven's new 100,000 square foot operation in California, operated by Cardinal. The system will support a multi-lingual work force. "We have a unique operation from which we will receive, sort by store, and distribute a variety of Fresh products every day of the year. Our So. California Combined Distribution Center (CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation ) will service approximately 700 locations in the Greater Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. and San Diego markets," said Dave Michalski, National Director of Logistics/Distribution for 7-Eleven. "We have seen the potential of a speech-based system, and believe Voxware can deliver the right combination of technology and techniques to dramatically improve the efficiency of our Demand Chain logistics operations," added Michalski. This project will initially provide VoiceLogistics applications in both dry and chilled environments, to effectively sort and distribute products to 7-Eleven stores. In addition, 7-Eleven will be using Voxware's VoxView(tm) web-based reporting utility. VoxView will provide both 7-Eleven and Cardinal Dedicated Logistics with comprehensive reports and on-line displays of key performance metrics related to this facility's operations. It will also allow real-time visibility and management control of operations from both the Fullerton, CA facility and from 7-Eleven's corporate offices. It is anticipated that additional applications, including inventory management and transfer, will be added within the next 6-9 months. "Over the past few months, we have worked closely with 7-Eleven and Cardinal to define a speech-based solution for their store distribution operations that provides increased speed, accuracy and flexibility," said Ken Finkel, Voxware's VP of Sales and Business Development. "Another important benefit to 7-Eleven resulting from this installation will be a standardized speech-based implementation that may be used in their other facilities. With our web-based VoxView product, they will now have a way to review key metrics on a facility or enterprise-wide basis. This is critical to a company like 7-Eleven which needs to analyze performance over their entire Demand Chain network. They have been great to work with, and we look forward to our continued relationship with 7-Eleven," concluded Finkel. Based on the successful implementation of VoiceLogistics at the Fullerton facility and further review by 7-Eleven, Voxware and 7-Eleven anticipate the possible development of plans for further deployment of the VoiceLogistics solution at other sites. About Voxware, Inc. Voxware is a leading speech recognition company providing noise-robust natural language speech interfaces for a variety of applications for industrial markets. Voxware provides interactive voice-based solutions for Supply Chain Execution, and addresses major logistics market sectors, including consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and manufacturers (CGM (1) (Computer Graphics Metafile) An ISO/IEC standard format for 2D graphics images introduced in 1987. Primarily a vector graphics format for technical illustrations and geophysical visualizations, CGM also supports raster graphics and text. ), consumer packaged goods (CPG CPG central pattern generators. ), direct to consumer (e-commerce and catalog), food and grocery, package handling, retail, third-party logistics providers (3PLs), and wholesale distribution. Voxware's VoxSort(tm) speech recognition solutions are also deployed in package handling and mail sorting applications. |
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