iVoice provides update on company streamlining.

iVoice, Inc., a provider of speech recognition technology, offers an update on the streamlining of the company created by the spin-off of five companies to shareholders. iVoice has determined that the best way to create shareholder value, separate and apart from the operating performance of iVoice, is to implement new business opportunities by distributing shares of spin-offs to the company's shareholders. The five common stock distributions are part of a broader strategy relating to the transition of iVoice into a company focused on the development and licensing of proprietary technologies. iVoice will also continue its previously announced acquisition strategy.

In September, iVoice announced the anticipated distribution to the company's shareholders all common stock of a newly formed subsidiary, iVoice Technology, Inc., designed to unlock the value in iVoice's interactive voice recognition (IVR) software technology by transferring this technology to an independent public company.

Also in September, iVoice announced its intention to distribute to the company's shareholders all common stock of a newly formed subsidiary, iVoice Technology 2, Inc., as a way to unlock the value in its unified messaging software technology. Unified messaging links telephone systems to computer networks and allows users wherever they may be to access voice mail and retrieve e-mail in a single operation through existing local area networks.

www.ivoice.com