Tata Infotech and One Voice Technologies Sign Agreement to Target Wireless Applications in India's Telecom Market.Business Editors/High-Tech Writers SAN DIEGO--(BUSINESS WIRE)--May 26, 2004 One Voice Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ONEV), developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets and Tata Infotech, Ltd., a leading systems integrator and Information Technology Services provider in India, today announced that they have entered into a strategic alliance for technology partnership and reselling of One Voice products in India. Pursuant to this alliance, Tata Infotech and One Voice will co-develop a customized version of One Voice's MobileVoice(TM) solution for use by wireless subscribers in India's telecom market. Additionally, Tata Infotech will act as a Value Added Reseller See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). of One Voice's MobileVoice solution to telecom providers in India. There were 33.28 million wireless subscribers in India at the end of March 2004, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. official figures from the Cellular Operators Association of India The Cellular Operators Association of India, is the main telecom industry lobby group of India. The main members of the body are:
COAI Clowns of America, International COAI Combination of Adopted Items ) and the Association of Basic Telecoms Operators (ABTO ABTO Association of Basic Telecom Operators ABTO Abert's Towhee (bird species) ABTO Association of British Tennis Officials ). It is estimated that the Indian wireless subscriber base could grow to over 100 million subscribers in the next two years. "We selected One Voice because of their multiple solutions such as Voice to SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM. (2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server. , Sending and Receiving emails using voice, SMS on the Wireline network and setting up conference calls using voice commands, which are available based on their speech technology," said Arun Pande, General Manager of Tata Infotech. "We look forward to launching One Voice's MobileVoice solution in the Indian telecom market." "This is a tremendous opportunity for both companies to target India's telecom market with enhanced wireless services," said Jim Edson, Vice President of Business Development at One Voice. "The wireless telecom market in India is growing rapidly and our relationship with Tata will help drive the launch and market penetration of our MobileVoice product." About Tata Infotech Established in 1977, Tata Infotech has been a leading name among the Indian IT companies. Over the last 25 years, industry experience and domain knowledge has enabled Tata Infotech to provide innovative solutions to their customers. Tata Infotech is part of the 125-year-old Tata Group, India's most trusted and best-known industrial group. The group has a turnover of around US $ 11.2 billion (equivalent to 2.4 % of India's GDP GDP (guanosine diphosphate): see guanine. ), covering 85 major companies with business operations in seven sectors -- Engineering, Materials, Energy, Chemicals, Consumer Products, Services, and Communication and Information Systems. About One Voice Technologies, Inc. One Voice Technologies, Inc. (OTCBB:ONEV) is the world's first developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets. Our Intelligent Voice(TM) solutions employ revolutionary, patented technology that allows people to send messages (E-mail, SMS, Instant Messaging and paging), purchase products, get information and control devices -- all by using their voice. The company is headquartered in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. . For more information, please visit http://www.onev.com. FORWARD-LOOKING STATEMENT 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. DISCLAIMER Some of the statements made in this press release discuss future events and developments, including our future business strategy and our ability to generate revenue, income and cash flow, and should be considered forward-looking statements within the meaning 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. These "forward-looking" statements can generally be identified by words such as "expect," "anticipate," "believe," "estimate," "intend," "plan," and similar expressions. These statements involve a high degree of risk and uncertainty that exists in the Company's operations and business environment and are subject to change based on various factors that could cause actual Company results, performance, plans, goals and objectives to differ materially from those contemplated or implied in these forward-looking statements. Actual results may be different from anticipated results for a number of reasons, including the Company's new and uncertain business model, uncertainty regarding acceptance of the Company's products and services and the Company's limited operating history. |
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