Dragon Systems terminates license agreement with Kolvox Communications.NEWTON, Mass.--(BUSINESS WIRE)--June 9, 1995--Dragon Systems Inc. of Newton, Mass., today announced that as of June 6, 1995, they have officially terminated their license agreement with Kolvox Communications Inc. for the unresolved Not completed; not finished; not linked together. See resolve. default by Kolvox in making certain payments and their failure to meet certain other contractual commitments. Dragon Systems Dragon Systems, Inc., was the company that created DragonDictate and Dragon NaturallySpeaking. It was founded in 1982 by Drs. James and Janet Baker and bought by Lernout & Hauspie in 2000. formerly licensed their industry-leading large vocabulary speech recognition systems, DragonDictate for Windows and DragonDictate for DOS, to Kolvox for inclusion in some of their products. As a result of this termination, Kolvox is no longer authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: to distribute or sublicense sub·li·cense n. A license giving rights of production or marketing of products or services to a person or company that is not the primary holder of such rights. tr.v. any copies of LawTALK or OfficeTALK which incorporate DragonDictate for Windows or DOS. Copies that do not contain Dragon Systems' technology are not affected. To assist any Dragon Resellers who may have already purchased some of the affected Kolvox products, Dragon Systems is making a special limited time offer. The company will accept copies of LawTALK or OfficeTALK purchased between April 1 and June 6, 1995 containing either DragonDictate or another speech recognition engine in exchange for a choice of Dragon Systems' latest products. Certain restrictions apply. This offer expires Aug. 4, 1995. Dragon Systems Inc., the world's leading supplier of PC speech recognition, develops and markets high-performance, cost-effective speech and language technology tools that, in multiple languages enable users to input any text, issue commands, and enter and access data simply by speaking. The company also licenses its technology, and works closely with OEMs (Original Equipment Manufacturers) and other strategic business partners worldwide. Globally, developers, distributors, and resellers make Dragon's products and services available. Dragon Systems is currently porting its technology across multiple operatiog systems and hardware platforms Each hardware platform, or CPU family, has a unique machine language. All software presented to the computer for execution must be in the binary coded machine language of that CPU. Following is a list of the major hardware platforms in existence today. See platform. -- from hand-held devices and computers to workstations, and is pursuing leading-edge research and development projects for computer and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. applications. Dragon Systems U.K. Ltd., and R&D subsidiary, focuses on speech technology for telephony Meaning "sound over distance," it refers to electronically transmitting the human voice. In the beginning, telephony dealt only with analog signals in the circuit-switched networks of the telephone companies. and high-noise environments. Privately held and profitable since its founding in 1982, Dragon Systems is headquartered in Newton, Mass., with Dragon Systems U.K. Ltd. subsidiary based in Cheltenham, England. As one of the industry's largest speech recognition technology organizations, Dragon Systems continues to grow at an annual rate of over 50 percent. -0- Dragon Systems and DragonDictate are registered trademarks of Dragon Systems Inc. LawTALK and OfficeTALK are trademarks of Kolvox Communications Inc. All other trademarks are the property of their respective holders. CONTACT: Dragon Systems Inc., Newton Chris Gardner Christopher Paul Gardner (born February 9, 1954 in Milwaukee, Wisconsin) is a self-made millionaire, entrepreneur, motivational speaker and philanthropist who, during the early 1980s, struggled with homelessness while raising his toddler son, Christopher, Jr. , 617/965-5200, x348 chris@dragonsys.com |
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