Advanced Recognition Technologies Appoints Daniel Wald Executive Vice President and General Manager.CUPERTINO, Calif.--(BUSINESS WIRE)--Oct. 19, 1995--Advanced Recognition Technologies Inc. (ART), a leading innovator in voice and handwriting recognition Handwriting recognition is the ability of a computer to receive intelligible handwritten input. The image of the written text may be sensed "off line" from a piece of paper by optical scanning (optical character recognition). technologies, today announced the appointment of Daniel Wald to executive vice president and general manager of the company. Wald brings to ART more than 25 years of technology, business and managerial experience, most recently in business development and technology licensing of video compression Encoding digital video to take up less storage space and transmission bandwidth. See video codec and data compression. video compression - Compression of sequences of images. and multimedia solutions. Prior to joining ART, Wald served as vice president of business development for Array Microsystems, a manufacturer of MPEG (Moving Pictures Experts Group) An ISO/ITU standard for compressing digital video. Pronounced "em-peg," it is the universal standard for digital terrestrial, cable and satellite TV, DVDs and digital video recorders (DVRs). and JPEG JPEG in full Joint Photographic Experts Group Standard computer file format for storing graphic images in a compressed form for general use. JPEG images are compressed using a mathematical algorithm. video compression ICs. Wald also was responsible for technology licensing at SuperMac Technologies, whose partners included Microsoft, Apple, Atari, Sega, 3DO, Creative Labs, S3, Weitek, Western Digital and NeXT Computer. In addition, Wald served as a senior vice president of Identix, Inc., a fingerprint-based recognition company. "We are extremely pleased to add a person of Daniel Wald's caliber to the ART team," said Dr. Meir Burstin, chairman of ART. "Daniel's solid business background and established relationships in the OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and markets will help fuel ART's success." "ART's voice and handwriting recognition technologies provide very cost effective solutions in the cellular, desktop, toy and consumer markets," said Wald. "I am excited to be part of a leading provider of highly accurate and practical voice and handwriting recognition solutions that break new low price barriers." About ART's Technologies smARTspeak is an ultra-compact and intuitive voice recognition software engine that delivers high recognition accuracy. smARTspeak is available now on a licensing basis. smARtspeak is platform and language independent and is especially designed for low price point products. Memory size and computing power requirements are among the lowest in the industry. A version of smARTspeak's for telephony applications is called smARTphone, a voice dialer software engine that can be built into desktop, portable and cellular phones at a very low incremental cost Incremental Cost The encompassing change that a company experiences within its balance sheet due to one additional unit of production. Notes: Incremental cost is the overall change that a company experiences by producing one additional unit of good. . A standard desktop telephone inplementation is now available to OEMs. smARTwriter is a platform and language independent handwriting recognition software engine that delivers the highest recognition accuarcy in the industry. smARTwriter is available now for licensing to electronics manufacturers, pen software manufacturers, and manufacturers of operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. for PDAs and other hand-held devices. Based on advanced signal processing See DSP. algorithms, smARTwriter quickly adapts to the user's unique writing style, in any language or alphabet. Recently, ART announced that Motorola will use the smARTwriter engine in its FORTE Wireless Commpad. About Advanced Recognition Technologies Inc. Advanced Reognition Technologies Inc. (ART), with offices in Cupertino, Calif., was founded to pioneer human input to computers, consumer electronic devices and appliances through state-of-the-art voice and handwriting recognition technologies. Based on advanced signal processing technology originally designed for military electronic applications, the company has developed three software solutions, including smARTspeak, voice recognition software, smARTphone, a voice dialer solution, and smARTwriter, handwriting recognition software. aRT is an authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: software developer for General Magic, Geoworks, Microsoft, and PenRight, and markets its products worldwide. ART's investors include Hambrecht & Quist of San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden and Daimler-Benz. CONTACT: Advanced Recognition Technologies Inc. Daniel Wald, 408/973-9786 dinowald@aol.com or The Benjamin Group Anne Hohenberger/Paula Larson, 408/559-6090 |
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