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JUN
18
2003

NEOSPEECH ANNOUNCES RESELLER AGREEMENT WITH BABEL TECHNOLOGIES

NEOSPEECH ANNOUNCES RESELLER AGREEMENT WITH BABEL TECHNOLOGIES

Agreement Provides Customers with Expanded Multi-lingual Support for Text-to-Speech Needs


Fremont, CA - June 18, 2003 - NeoSpeech, a provider of speech technologies for hand-held, desktop and network/server applications, today announced that it has entered into a reseller agreement with Babel Technologies S.A. The move is intended to expand NeoSpeech's language coverage for its Text-to-Speech (TTS) product line and customer base. Under the terms of the agreement, NeoSpeech will resell, deploy and support Babel's BrightSpeech and Babil TTS solutions for telephony and PC desktop developers in North America. The multi-year agreement enables NeoSpeech to more quickly meet its customers' needs for expanded multi-lingual support.

Babel's BrightSpeech is a Windows-based, TTS software engine that is available in Spanish, French, German, Swedish, and Dutch. Additionally, it is fully compatible with Babel's existing and established TTS solution, Babil, which supports a total of 18 languages. As part of the agreement, NeoSpeech will also resell future languages introduced by Babel.

As a result of the partnership with Babel, NeoSpeech has already signed agreements and amendments with four of its customers, including Vantage, T&S Software, PhoneTree, and Personify Technologies for additional languages. All four companies wanted Spanish language support, while Personify also required French language support.

"This agreement reflects NeoSpeech's ongoing commitment to supporting the evolving needs of our customers. We're pleased to partner with Babel, as both companies share a similar dedication to raising the bar on natural sounding, superior quality TTS solutions," stated Lin Chase, CEO of NeoSpeech. "Our customers already benefit from our support of a broad range of industry standard operating systems and platforms and can now benefit from our support of a broad range of languages too."

Said Vincent Fontaine, CEO of Babel Technologies, "We value NeoSpeech's recognition of our high quality voice engine and broad support for multiple languages. We look forward to building a long-term, mutually beneficial partnership with them."


About Babel Technologies

Babel Technologies S.A. and Babel-Infovox AB form a corporate group, designing, developing and licensing cutting-edge voice processing technologies. The companies are located in Mons, Belgium and Stockholm, Sweden, closely linked to university research centres like Faculté Polytechnique de Mons, Multitel asbl, CTT Stockholm, etc. It comprises an award-winning team of engineers, with comprehensive expertise in all aspects of Speech Processing who have now launched a world-beating range of products in the areas of Automatic Speech Recognition and Text-To-Speech. Babel Technologies rapidly became a major player on the market thanks to its outstanding multi-lingual, multi-platform products. Babel Technologies collaborates with leading companies in the telecommunications, rehabilitation, multimedia, automotive, mobile devices and industry sectors, including Texas Instruments, Comverse, Franklin, Telia, etc. For additional Babel press information, please visit www.babeltech.com.


About NeoSpeech

NeoSpeech, Inc. is a leading provider of speech-enabled solutions based on a suite of best-of-breed core capabilities in speech recognition, speech synthesis, speaker verification, and voice animation. The company offers flexible, innovative products for the mobile, enterprise, entertainment and education markets. The privately-held company, headquartered in Fremont, California, is backed by Voiceware Co., Ltd of Korea. Visit www.neospeech.com for more information on NeoSpeech products, solutions and services.


Media Contacts:

Carmen Hughes
Public Relations for NeoSpeech
415.282.9625
carmen@ignitepr.com