Canada Post Executes Widespread Deployment of Voxware Speech Recognition Systems.PRINCETON, N.J.--(BUSINESS WIRE)--July 29, 1999-- Canada's Fifth Largest Employer Deploys Voxware Products in a Number of Facilities; Plans to Expand Deployments Based on New Applications Voxware, Inc. (Nasdaq: VOXW) a leading developer of speech recognition-based products for industrial markets, announced today that Canada Post Canada Post Corporation (French: Société canadienne des postes) is a Canadian postal service operated as a crown corporation. The successor to the Post Office Department of the Government of Canada, Canada Post was created on October 16, 1981 by the has turned to Voxware's products to help it sort some of the 37 million pieces of mail and packages it delivers daily. Canada Post has used Voxware products in a number of applications across the country and expects further deployments at a number of additional centers. Canada Post (www.canadapost.ca) currently maintains 22 major mail sorting plants and hundreds of sorting depots. Most plants and depots in its network may have candidate applications for the Voxware/Sure Controls systems. "Our policy is to offer our people alternative data entry options which use Voxware speech products," said Dwayne Wandio, Canada Post's Senior Systems Analyst for Voice Applications. "A number of our employees with the option of keyboard or voice prefer using speech recognition for specific applications. With the decreased training time and improved ergonomics ergonomics, the engineering science concerned with the physical and psychological relationship between machines and the people who use them. The ergonomicist takes an empirical approach to the study of human-machine interactions. that speech offers, we're pleased that its acceptance has been so enthusiastic among our people." Canada Post uses Voxware products for three primary applications. The first and most simple enables package sorters to speak postal codes This list shows an overview of postal code notation schemes for all countries that use postal/ZIP codes: Key
The application software is written and deployed by Canada Post's internal development team with guidance and continued support from Voxware's Canadian systems integrator An individual or organization that builds systems from a variety of diverse components. With increasing complexity of technology, more customers want complete solutions to information problems, requiring hardware, software and networking expertise in a multivendor environment. , Sure Control Systems, Inc. (www.sure.ca, Woodbridge, Ontario Woodbridge is a large suburban community (Estimated 2006 pop. 101,170)[1] in the City of Vaughan, just north of Toronto. It was once an independent town before being amalgamated with nearby communities to form the city in 1971. ). Sure Control Systems developed initial application software and continues to enjoy a close relationship with Canada Post's Information Systems Team. "Canada Post has been an exceptional customer for Sure Control Systems over the past several years, and our speech recognition projects have proven to be the cornerstone of that relationship," offered Sure Controls' Director of Sales, Rob Hoene. "Canada Post has done, and continues to do, their homework on competitive products, but has chosen Voxware products in plant applications to handle the noisy, fast, continuous input environment." Eric Nahm, Voxware's Vice President of Sales emphasized the fit for Voxware speech recognition products in the package sorting market: "The first widespread deployments of industrial speech recognition products were package sorting companies, and that market continues to be an important one for Voxware. The high noise environment, rapid data input requirement, and non-negotiable demand for ultra-high accuracy plays directly to our products' strengths, and the Canada Post experience underscores our very strong position in that market." Canada Post serves over 30 million Canadians at some 13 million addresses, and nearly 1 million Canadian businesses Canadian Business is the longest-publishing business magazine in Canada. It was founded in 1928 as The Commerce of the Nation, the organ of the Canadian Chamber of Commerce. The magazine was renamed Canadian Business in 1933. . The company was incorporated in 1981 and employs more than 63,000 people; its revenues exceeded $5B (Canadian) in 1998/1999. About Voxware, Inc. Voxware (Nasdaq: VOXW) is a leading developer of speech recognition-based products for industrial markets, and also provides speech compression Encoding digital speech to take up less storage space and transmission bandwidth. The PCM, ADPCM, CELP and LD-CELP methods are commonly used for speech compression. See speech codec and data compression. technology to the multimedia and consumer devices markets. Voxware was founded in 1993. In February 1999, it acquired substantially all the assets of Verbex Voice Systems, a leading provider of speech recognition products to industrial markets. Voxware's corporate headquarters are in Princeton, New Jersey
Princeton, New Jersey is located in Mercer County, New Jersey, United States. Princeton University has been sited in the town since 1756. , with regional offices in the San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay , Salt Lake City, Boston, Atlanta, and the United Kingdom. Additional information about Voxware can be obtained on the Internet at http://www.voxware.com, or by calling 609/514-4100. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Such statements are subject to certain factors which may cause Voxware's plans to differ or results to vary from those expected including the risks associated with Voxware's lack of operating history and experience in operating Verbex's business; Voxware's need to introduce new and enhanced products in order to increase market penetration Noun 1. market penetration - the extent to which a product is recognized and bought by customers in a particular market penetration - the act of entering into or through something; "the penetration of upper management by women" and the risk of obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. of its products due to technological change; Voxware's need to attract and retain key management and other personnel with experience in Verbex's business; Voxware's dependence on the Mobile Voice Pac ("MVP (Multimedia Video Processor) A high-speed DSP chip from Texas Instruments, introduced in 1994. Officially introduced as the TMS320C80, it combines RISC technology with the functionality of four DSPs on one chip. ") product family; the potential for substantial fluctuations in Voxware's results of operations; competition from others; Voxware's evolving distribution strategy and dependence on its distribution channels; the potential that speech products will not be widely accepted; Voxware's need for additional capital; and a variety of risks set forth from time to time in Voxware's filings with the Securities and Exchange Commission. Voxware undertakes no obligation to publicly release results of any of these forward-looking statements which may be made to reflect events or circumstances after the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" or to reflect the occurrence of unexpected results. Voxware is a registered trademark of Voxware, Inc. All other product names are trademarks of their respective owners. |
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