BCB Acquires High-Speed Voice Technology for Internet.WOODBRIDGE, Ontario--(BUSINESS WIRE)--Nov. 8, 1995--BCB HOLDINGS INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). : BIV BIV Bivouac BiV Biventricular BIV Bovine Immunodeficiency Virus BIV Built-in Variable (plumbing) ) Mr. Kenneth G. Murton, President, BCB BCB Banco Central do Brasil (Brazil's central bank) BCB Borland C++ Builder BCB Bangladesh Cricket Board BCB Benzocyclobutene (low loss dielectric substrate) BCB Bumiputra-Commerce Bank BCB Broadcast Band Holdings Inc., announced today that the Company has agreed to acquire the PC Talk technology of 759851 Ontario Limited and the professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. of Mark Halpern consultant to the vendor company, subject to requisite regulatory approval plus that of the board of directors of BCB. Mr. Halpern will be President of a new, wholly-owned subsidiary, PC RoaR Inc., to be formed by BCB to exploit the PC Talk technology. Mr. Murton stated, "PC Talk combines the Company's proprietary software and voice hardware acceleration In computing, hardware acceleration is the use of hardware to perform some function faster than is possible in software running on the normal (general purpose) CPU. Examples of hardware acceleration include blitting acceleration functionality in graphics processing units (GPUs) and board for use with Windows 95 TrueSpeech, allowing the user to transmit voice E-mail from the user's computer. Transmission can be live and in real time over a local area network, around an organization, or via a wide area network or the Internet, around the world. PC Talk is the first to make this hardware acceleration breakthrough truly accessible to all users of Windows 95 as well as Windows 3.1" Mr. Halpern said, "PC Talk offers hardware compression far greater than other sound boards on the market today and with its quality sound and premium performance meets the emerging audio demands of the office and home computer user." He further stated, "PC Talk provides digital dictation, voice annotation and speech recognition capabilites. We expect to meet broad demand for PC Talk commencing with its introduction next week at the FALL COMDEX The former, premier computer trade show in the U.S. Although it grew into an end user event, it was originally created for dealers and distributors (it was the COMputer Dealers EXposition). '95 show in Las Vegas." Mr. Murton added, "The acquisition by BCB of the PC Talk technology will be in consideration of 550,000 BCB common shares, initially, with the right of the vendor to earn up to another 1,100,000 shares on the basis of one share for each $1.00 of net cash flow generated by PC RoaR, Inc. over the next three years." The BCB Technology Group develops, manufactures and distributes products and systems, based on its proprietary technology, that digitally record voice for storage in the customer's computer or computer network, making it immediately available for playback, transcription and transmission. The two principal markets for BCB's products and systems are digital dictation and voice logging mainly for business and institutional use. PC Talk now adds a broad retail dimension to BCB's array of products. BCB is based in Woodbridge, Ontario with representatives in Vancouver, Canada; Tueson, Arizona; Davenport, Iowa and London, England. -0- BCB Holdings Inc. shares are listed on the Alberta Stock Exchange under the symbol "BIV" CONTACT: Kenneth G. Murton Tel: (905) 850-8266 Fax: (905) 850-8276 REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-236-4266 or 80 |
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