Canon Selects Fonix Speech Technologies for New Electronic Dictionaries.New e-dictionary models in Japan feature Fonix text-to-speech and Fonix audio compression Encoding digital audio data to take up less storage space and transmission bandwidth. Audio compression typically uses lossy methods, which eliminate bits that are not restored at the other end. ADPCM and MP3 are examples of audio compression methods. See audio codec and data compression. SALT LAKE CITY -- Fonix Speech, Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Fonix Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FNIX) specializing in embedded speech interfaces for mobile devices, handheld electronic products, video game systems and processors, announces Fonix text-to-speech (TTS (1) See text-to-speech. (2) (Transaction Tracking System) Software that monitors a transaction until completion. In the event of a hardware or software failure, it ensures that the database is brought back to its former state before the attempt to ) and audio compression technology on new electronic dictionaries manufactured and sold by Canon, a world-leading producer of consumer electronics. Canon's new e-dictionaries, models "wordtank V300 and M300," are available in Japan starting in February. Canon projects a manufacturing rate of 90,000 units per model for the year. Fonix receives unit royalties from the sale of each device. These new Canon devices utilize Fonix DECtalk[R] TTS, the industry leading TTS technology for limited-memory applications, and Fonix VoiceCompress[TM], a new tool allowing developers to significantly compress audio files, freeing up device memory for other functions. Fonix TTS is specifically designed for embedded devices with limited memory capacity. Fonix TTS 'speaks' word definitions and phrases in understandable English. Fonix VoiceCompress[TM] is a particularly useful tool for e-dictionary manufacturers who are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to save memory for comprehensive reference libraries. Canon's application is built upon the Epson processor chip. Fonix and Epson have been partnered since 2003 to provide developers and manufacturers with a powerful processing solution optimized for speech interface applications. "Canon's new electronic dictionaries incorporate the best Fonix technologies for handheld device manufacturers," says Walt Nawrocki, Senior VP and GM, Fonix Speech. "We are pleased to partner with Canon to further expand the growing distribution of e-dictionaries in the Asian markets." For more information about Fonix speech solutions, visit www.fonix.com, or call 801-553-6600 and say "Sales." About Fonix Fonix Corporation (OTCBB:FNIX), based in Salt Lake City, Utah For ships of the United States Navy of the same name, see . Salt Lake City is the capital and the most populous city of the U.S. state of Utah. The name of the city is often shortened to Salt Lake, or its initials, S.L.C. , is an innovative speech recognition and text-to-speech technology company that provides value-added speech solutions through its wholly owned subsidiary, Fonix Speech, Inc., currently offering voice solutions for mobile/wireless devices; interactive video games See video game console. , toys and appliances; computer telephony See CTI, VoIP and IP telephony. Computer Telephony - Computer Telephone Integration systems; the assistive market and automotive telematics. Fonix provides developers and manufacturers with cost-effective speech solutions to enhance devices and systems. Visit www.fonix.com for more information, or call 801-553-6600 and say "Sales." Statements released by Fonix that are not purely historical are forward-looking within the meaning of the "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, including statements regarding the Company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company's business prospects and performance. The Company's actual results could differ materially from those in such forward-looking statements. Risk factors include general economic, competitive, governmental and technological factors as discussed in the Company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The Company does not undertake any responsibility to update the forward-looking statements contained in this release. |
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