Epson Invites Fonix to Present Speech Technologies at China Seminar for Electronic Dictionary Manufacturers; Epson Unveils Semiconductor Chip Technologies Designed Specifically for Electronic Dictionary Manufacturers in the Chinese Market.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, and systems and processors, has been invited by Epson Electronic Technology Development (Shenzhen) Co., Ltd. to present Fonix speech technologies to leading electronic dictionary Noun 1. electronic dictionary - a machine-readable version of a standard dictionary; organized alphabetically machine readable dictionary, MRD lexical database - a database of information about words manufacturers at a seminar in ShenZhen, China, near Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , on April 21, 2006 at the Holiday Inn Donghua. Epson will demonstrate the capabilities of its newest semiconductor chip, the S1C33E07, which is specifically designed for handheld electronic dictionary manufacturers. Epson has invited its major third-party technology suppliers, including Fonix Speech, to present their embedded chip See embedded processor. technologies to an audience of elite dictionary manufacturers. Fonix VP of Engineering, D. Lynn Shepherd, will demonstrate the following Fonix Speech technologies: --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 ) -- The embedded market's most intelligible TTS for limited-memory devices. --Fonix Automatic Speech Recognition (ASR (Automatic Speech Recognition) Using voice recognition to replace keypad entry for telephone voice menus. Typically used to speak the digits 0 through 9 insted of keying them, ASR systems may be able to recognize a limited vocabulary. See voice recognition and AVSR. ) -- Fonix's proprietary neural network-based ASR, which delivers high recognition rate ASR with less processing power. --Fonix Voice Compression Same as speech compression. -- Reduces the size of recorded speech to reduce memory costs "Fonix is excited that Epson has given us this opportunity to demonstrate our technology to Chinese dictionary Chinese dictionaries date back over two millennia to the Eastern Zhou Dynasty, which is a significantly longer lexicographical history than any other language. There are hundreds of dictionaries for Chinese, and this article will introduce some of the most important. manufacturers who may wish to implement speech interfaces on their devices," says Walt Nawrocki, Senior VP and GM, Fonix Speech. "Fonix has already experienced great success in the Japanese and Korean consumer electronics market with Casio's series of handheld dictionaries, which Casio expects to manufacture over two million units for 2006. Based upon our track record so far, Fonix is optimistic that we will have similar success in this new Chinese market. We believe speech interfaces are playing a leading role in driving consumer adoption of electronic dictionaries." Fonix speech interface software is available to manufacturers by calling 801-553-6600 and saying "Sales." Visit www.fonix.com for more information about Fonix Speech solutions. About Epson Epson is a global leader in imaging products including printers, projectors and LCDs. With an innovative and creative culture, Epson is dedicated to exceeding the vision and expectations of customers worldwide with products known for their superior quality, functionality, compactness and energy efficiency. Epson is a network of 98,480 employees in 107 companies around the world, and is proud of its ongoing contributions to the global environment and to the communities in which it is located. Led by the Japan-based Seiko Epson Corp., the Group had consolidated sales of 1479.7 billion yen in fiscal 2004. For further information, visit Epson's website at http://www.epson.co.jp/e/. About Fonix Speech, Inc. Fonix Speech, Inc. is a wholly owned subsidiary of Fonix Corporation that currently offers voice technology solutions for mobile/wireless devices; interactive videogames, toys and appliances; computer telephony systems; the assistive market and automotive telematics. 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 communications and technology company that provides integrated telecommunications services and value-added speech technologies through Fonix Telecom, Inc., LecStar Telecom, Inc. and Fonix Speech, Inc. The combination of interactive speech technology and integrated telecommunications services allows Fonix to provide customers with comprehensive cost-effective solutions to enhance and expand their communications needs. 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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