ART RAKS Up Another Win; Turkey's Leading GSM Cellphone Manufacturer Chooses ART's Advanced Speech Recognition Technology.

Business Editors/High-Tech Writers

ATLANTA--(BUSINESS WIRE)--April 8, 2003

Today, ART Advanced Recognition Technologies, Inc., the world's leading independent producer of speech and handwriting recognition technologies for the mobile world, announced the signing of its first agreement with RAKS(R) Holding A.S., one of Turkey's largest industrial concerns.

According to the agreement, ART's advanced speech recognition name dialing solution will be ported into two RAKS Telecom's new GSM mobile phones platform -- including the RAKS 9745 color LCD, polyphonic melodies, GPRS, camera phone and the 9545 without a camera, to be launched in 2003, this stylish, colored mobile device is expected to further add to RAKS penetration into the exciting Turkish market and beyond.

"With a 30+ year accumulation of technological experience and worldwide quality acknowledgement, RAKS's handsets are feature rich and naturally include the best in state of the art speech recognition," said Dr. Emre Dagdeviren, VP of Technology Development of RAKS, "We are delighted with the results we have found in ART's advanced technologies, and we are confident that our customers will be equally please with the results."

"As it is widely recognized as one of the fastest growth markets for cellular phones, RAKS choice of ART for its latest offering in Turkey is a further confirmation of our position as global leaders in advanced User Interface solutions," said Nir Ben-Dor, ART's Director Sales and Business Development.

About ART Advanced Recognition Technologies, Inc.

Established in 1990, ART is the acknowledged market leader in embedded speech and handwriting recognition software for mass-market mobile devices. After a decade of award winning innovation, today ART develops and markets technologically superior solutions for the control and command of mobile devices by the human voice and natural handwriting. ART's proprietary technologies provide next-generation user interface solutions for cellular handsets, smartphones, mobile communicators, PDAs and handhelds, and automotive systems.

Today, ART's embedded software-only solutions are deployed in dozens of product lines from industry leaders such as Panasonic, LGE, AlphaCell, Mitsubishi, NEC, Logitech, GVC, Quanta, Compal, Inventec, Acer, Casio, Maxon, Siemens Automotive, Franklin, PaceBlade and soon to RAKS which is aiming to be global player in telecom business.

ART has strategic and technological partnerships with industry leaders including: Texas Instruments, Motorola Semiconductors, Intel, Qualcomm CDMA Technologies, Agere Systems, Analog Devices, DSP Group, ParthusCeva, Microsoft, UIQ, Symbian, TTPCom, SVOX, Phone-Or, Persay, e-SIM, Pegasus and other.

Based in the United States with sales offices on the East and West Coasts, ART maintains a wholly owned Israeli subsidiary that conducts research and development. Additional information about ART is available at: http://www.artcomp.com

RAKS Group

RAKS Group is one of the leading diversified service and industrial groups in Turkey.

Over the last thirty years or so, the Group has built expertise in managing multiple businesses across the value chain, from manufacturing to retail sales. Besides establishing Turkey's first magnetic tape production line, RAKS rapidly progressed operations locally and internationally, exporting to an average of 55 countries worldwide and commencing OEM operations to companies such as Kodak, JVC, AIWA and Konica.

Since 1994, RAKS Group has been investing significant resources in developing business opportunities within the telecommunications industry. RAKS has focused its efforts on developing handsets and other services aimed directly at the mobile communications world. Currently with its 4K and 65 K color screen, tri-band, MMS and integrated camera, polyphonic handsets; RAKS has become a most valuable resource for Service Providers worldwide.