BCB Voice Systems Recruits New Management.MARKHAM, Ontario--(BUSINESS WIRE)--Nov. 2, 1998-- Industry Professionals From Lernout & Hauspie, Ocular ocular /oc·u·lar/ (ok´u-lar) 1. of, pertaining to, or affecting the eye. 2. eyepiece. oc·u·lar adj. 1. Of or relating to the eye or the sense of sight. Sciences and Precision Business Systems Round out Market Development, Finance and Sales Executive Positions at 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 BCB Voice Systems Inc. (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) ) today announced that they have hired three key managers to fulfill the roles of Vice President of Market Development, Chief Financial Officer and U.S. National Sales Manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → . Larry Allard, the former Vice President of Business Development for Lernout & Hauspie Speech Products N.V.(Nasdaq:LHSPF, Nasdaq:LHSP LHSP List Hosting Service Provider LHSP Left Handed Starting Pitcher .ED), BCB's partner in speech recognition technology, takes over the senior market development role for BCB. Allard's exposure to BCB began as the due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. agent on the $US1.6 million investment made by Lernout & Hauspie (L&H) in BCB in July this year. The due diligence process convinced Allard that BCB's technology, in combination with L&H's speech recognition and translation engines, was well-timed for vertical markets like medical and legal where the electronic document (versus paper) is rapidly gaining acceptance. This opens up a $6 billion dictation/transcription marketplace that is largely unexplored. Larry Beard is BCB's new Chief Financial Officer. Beard was formerly the CFO See Chief Financial Officer. for the Canadian subsidiary of Ocular Sciences/American Hydron (Nasdaq:OCLR) with worldwide sales of $200 million. Beard's experience with a US-headquartered company achieving 30 percent annual earnings growth will be invaluable to BCB as the company carries out its strategic plan of penetrating global markets and increasing visibility through a Nasdaq-track listing program. Ken Kloss, BCB's new U.S. National Sales Manager, was formerly the Systems Specialist serving medical, legal and courtroom markets for Precision Business Systems, a major Minnesota-based dictation systems reseller. At Precision Business Systems, he was named Sales Rep of the Year in eight of his last nine years there. Precision Business Systems cemented a distribution agreement with BCB in 1997 during which time Kloss was able to witness BCB's technology advances with its innovative and patented PC-DART digital dictation Digital dictation is a method of recording and editing the spoken word in real-time within a digital audio format. Digital dictation offers several advantages over traditional cassette tape based dictation: Peter Vanderlee, BCB's President points out, "These appointments complete a major overhaul of BCB's management team through the past six months. While retaining the experience and determination of BCB's founding chairman and two senior vice presidents, new drive, vision and industry knowledge has been added through the appointment of a new president, executive vice president, chief financial officer, market development executive and national sales manager. Working together, this team is building a company strategy that can sustain significant growth and profitability through the years ahead. This has meant converting the company from its focus on engineering and hardware, to software and marketing. This change of focus will create significantly greater margins and broader markets for BCB products." BCB Voice Systems develops and markets software and systems that capture, digitize To convert an image or signal into digital code by scanning, tracing on a graphics tablet or using an analog to digital conversion device. 3D objects can be digitized by a device with a mechanical arm that is moved onto all the corners. , compress and store voice from a variety of sources and then manages the flow of these voice files over virtually any computer network, including the Internet. The Company supplies solutions to end-users ranging from individual medical and legal practices to large hospitals, legislative assemblies, courthouses and general business. BCB has formed a number of key alliances and is currently integrating its technology with leading voice recognition, case management, document management and medical workflow software. Note to Editors: The Alberta Stock Exchange has neither approved nor disapproved the information provided herein. |
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