CORRECTING and REPLACING Vocollect Continues Record Growth, Increasing Sales by More Than 50 Percent; Strong Financial Performance Seeds Reinvestment; Reflects Growing Customer.

Business Editors/High-Tech Writers

CORRECTION...by Vocollect

PITTSBURGH--(BUSINESS WIRE)--Feb. 2, 2004

In BW5731 issued Feb. 2, 2004: The headline and first graph have been revised.

The corrected release reads:

VOCOLLECT CONTINUES RECORD GROWTH IN 2003; STRONG FINANCIAL PERFORMANCE SEEDS REINVESTMENT; REFLECTS GROWING CUSTOMER BASE

Vocollect, the global leader in voice-directed distribution systems, announced today that the company achieved record sales in 2003, increasing its revenues to over $45 million, driving Vocollect's compound annual growth rate (CAGR) to more than 60 percent over the last three years. Each day, more than 50,000 warehouse workers in 14 countries worldwide, use the wireless "hands-free, eyes-free(TM)" Talkman(R) voice solution to increase order accuracy, boost productivity and improve safety, adding million of dollars to their companies' bottom lines.

Vocollect reported significant accomplishments for 2003, including:

-- Explosive growth in the European market, requiring additional

staff and a new, larger office for customer support and

training.

-- Surpassing the 50,000-user watermark for its Talkman wearable

computers.

-- Orders grew even faster than revenue at nearly 60 percent as

compared to the previous year.

-- Expanding key partnerships with leading Warehouse Management

System (WMS) vendors and material handling / system integrator

firms with the addition of Catalyst International, Delfour,

ICS and RedPrairie in North America; Seal Technologia in South

America; and KNAPP and Microlise in Europe.

-- Broadening the use of voice technology in the warehouse to

include more customers using voice for applications such as

put-away, line loading, transfers, replenishment and

receiving.

-- Being named the Fastest Growing Information Technology Company

in Western Pennsylvania by the Pittsburgh Technology Council.

-- Recognition of Roger G. Byford, chief technology officer, as

Ernst & Young's regional Entrepreneur of the Year and national

finalist in the Technology category.

-- Moving into a new 80,000-square-foot office, research lab and

production facility enhancing onsite training and

manufacturing capabilities, and accommodating significant

employee growth to well over 150 associates.

According to Vocollect's President and CEO, Jack LeVan, "We're proud of all our achievements last year, and we're very grateful to our customers. Many of them have relied on our Talkman solution for years and they just keep finding valuable new applications. Because Vocollect's voice solution delivers core benefits of accuracy and productivity gains, along with a fast payback and high return on investment (ROI), an increasing number of our customers are expanding how they use voice technology to automate many common warehouse operations."

LeVan also commended partners as a critical component of the company's growth and success. "We are proud of our truly select group of world class resellers representing Vocollect on five continents. Through our collective efforts, we continue to provide an expanding range of new applications for many industries."

Beyond customers and resellers, LeVan said, "In 2003, Vocollect succeeded in earning scores of new customers in key market segments. Working 'hands-free, eyes-free' with voice has gained wide acceptance as a cost-saving business tool. Just a couple of years ago, we concentrated on the major grocers in North America. Even with continued strong growth in the grocery industry, the majority of the tens of thousands of new Talkman users we added in 2003 have come from these new market segments."

LeVan said the sound balance sheet of 2003 will support continued heavy investment in new products and an expanding global reseller and service network in 2004. Anticipated highlights for 2004 include:

-- An expanded and improved line of robust headsets delivering

startling sound quality.

-- A multi-platform application for enterprise-wide management of

Talkman systems.

-- The ability for "part time" users of voice to run Vocollect's

industry standard voice technology on general-purpose

terminals.

-- Multiple new applications with direct-to-WMS interfaces from

the top WMS providers.

LeVan added, "And there's much more on the way, including a prototype RFID (radio frequency identification) reader module, being developed with several of our users and resellers, that allows Talkman users to hear what an RFID tag 'says'. In sum, we can't thank Talkman users enough for our continued rapid and profitable growth in 2003, and 2004 looks to be even more rewarding for them and Vocollect."

About Vocollect

With more than 50,000 users at hundreds of companies and locations throughout North America, Europe and Asia Pacific, Vocollect has pioneered and deployed more integrated voice-distribution warehouse systems than any other company. Together, its market-leading Talkman wearable voice computing terminal and integrated software suite cut operating costs through eliminating errors, and improving worker productivity shift after shift. The company collaborates with the premier global network of systems integrator resellers and leading WMS providers to serve warehousing customers in the grocery wholesale and retail, general and mass merchandise, foodservice, convenience store, beverage, health and beauty, third-party logistics and medical/pharmaceutical industries. A fast growing, privately held company of about 150 employees, Vocollect is headquartered in Pittsburgh, Pa, with support staff throughout North America, and European operations based in its office in the U.K.

For additional information, contact Vocollect at +1 412.829.8145, or visit our corporate website at www.vocollect.com.