iVoice Deploying Auto Speech Attendant at Corporate Strategies, Inc.; The Speech Enabled Auto Attendant is Provided by iVoice's Subsidiary SpeechSwitch, Inc.

MATAWAN, N.J. -- iVoice, Inc. (OTC Bulletin Board: IVOC), a leader in speech-recognition technology, announced today that Corporate Strategies, Inc. has installed the iVoice Speech Enabled Auto Attendant.

Integrated with analog connectivity on an Inter-Tel PBX, Corporate Strategies has implemented a complete solution that includes the iVoice Speech Enabled Auto Attendant. The system facilitates easier communication for employees, customers, business partners and suppliers. It places people at ease by allowing callers to use their most natural form of communication -- their own voice -- to reach a specific person or department. By speaking a name, a caller can be promptly transferred to the appropriate number. Callers do not have to deal with cumbersome touch-tone menus and spell-by-name directories.

The iVoice Speech Enabled Auto Attendant is a complete cost-effective solution that works with existing phone systems and voice mail packages. Every department and employee is accessible from one local or long-distance phone number. iVoice capabilities ensure that all calls reach their intended destinations at all times. iVoice's subsidiary SpeechSwitch, Inc provides the Speech Enabled Auto Attendant. As previously announced, iVoice holds a minority interest in Corporate Strategies.

About Corporate Strategies, Inc.:

Corporate Strategies, Inc. (www.corporate-strategies.net) is a Merchant Bank in the traditional European sense of the word. As the term has evolved from the 18th Century to today, Merchant Banking describes an enterprise that not only finances a company's product or service, but also assists in developing a comprehensive business strategy. Corporate Strategies is comprised of seasoned executives with extensive experience in merchant banking, including business development and strategy, public and private company corporate finance, capital markets research, human resources, due diligence and transaction negotiation and execution.

About SpeechSwitch, Inc.:

iVoice announced that it intends to distribute to the company's shareholders all common stock shares of its newly formed subsidiary, SpeechSwitch, Inc. The iVoice board of directors authorized management to pursue a strategy designed to unlock the value in the company's speech-recognition software by spinning it off into a new independent public company. The assets that will become part of SpeechSwitch include the Speech SDK, Speech Enabled Auto Attendant, Name Dialer, plus two issued patents and two patents pending. Subject to final review by the SEC, holders of iVoice common stock will receive 10 million shares of SpeechSwitch common stock on the distribution record date. It is anticipated that SpeechSwitch common stock will trade on the NASD OTC Bulletin Board. To facilitate the expansion of this business, we have arranged for a financing facility for SpeechSwitch, Inc. of $11 million.

About iVoice, Inc.

iVoice, Inc. designs, manufactures and markets innovative speech-enabled applications and computer telephony communications systems. While there are many companies that develop speech applications, most require licensing of the core speech recognition engine resulting in a costlier solution for the end user. iVoice pays no such royalty or license fees for any of its speech recognition applications. Customers include Avaya, Gold Kist, American Red Cross and Comdial. Interactive Voice Response products developed by iVoice allow PC databases to be accessed via voice or from a standard touch-tone telephone.

The board of directors of iVoice believes the best way to build shareholder value, separate and apart from the operating performance of iVoice, is to create new business opportunities by distributing shares of spin-offs to our shareholders. In the past 13 months, we have taken major steps to restructure our company in ways that we believe will be most favorable to shareholders with the spin-off and/or distribution of the stock of separate companies. This is part of our broader strategy to reposition iVoice as a company focused on the development and licensing of proprietary technologies.

For more information on iVoice, please visit http://www.ivoice.com

This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding among other things our plans, strategies and prospects -- both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. All forward-looking statements attributable to iVoice, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.