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Tata Infotech
and One Voice Technologies Sign Agreement to Target Wireless
Applications in India's Telecom Market
29th May 2004 |
SAN DIEGO, May 26,
2004 - One Voice Technologies, Inc. (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 MobileVoiceTM
solution for use by wireless subscribers in India's telecom market.
Additionally, Tata Infotech will act as a Value Added Reseller
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 official figures
from the Cellular Operators Association of India (COAI) and the
Association of Basic Telecoms Operators (ABTO). 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, 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), 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™ solutions employ revolutionary, patented technology
that allows people to send messages (Email, 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. For more information, please visit http://www.onev.com
FORWARD-LOOKING STATEMENT 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 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 contemplate
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.
Other product and service names mentioned herein
are the trademarks of their respective owners.
© Copyright 2004 One Voice Technologies
, Inc.