Company description::
News Release
For Immediate Release:
February 05, 2004
Fonix iSpeak Selected by e'Star Laboratories for Monolith MP3 Player; Monolith Users Increase Functionality with Fonix Speech Solution
SALT LAKE CITY, Feb 5, 2004 – Fonix(R) Corp. (OTCBB: FNIX), a global provider of leading speech solutions and easy-to-use voice interfaces for devices and systems, announces Fonix iSpeak shipping with the Monolith MP3 player, manufactured by e'Star Laboratories Inc., a Korea-based electronics manufacturer. Korea is one of the leaders in the MP3 player market, and Korean manufacturers expect increases in the MP3 player market in 2004.
“Fonix iSpeak is a significant software application for Monolith users," said Jung Hur, president of e'Star Laboratories. "Fonix iSpeak provides customers with the most understandable, natural-sounding text reader on the market. By packaging the Monolith with iSpeak, we've developed a convenient device for computer users who want to listen to text spoken in intelligible English whenever they choose."
Fonix iSpeak is the industry-leading personal text reader. With Fonix iSpeak, Monolith users may listen to e-mail, documents, Web site content or any other text from their computer by converting the text to an MP3 file. Fonix iSpeak reads text in natural-sounding English, making it a valuable language tool for non-native speakers who are learning English.
"The e'Star/Fonix partnership is an excellent example of a device manufacturer incorporating Fonix speech technology to create a convenient, simple solution for customers," said Lynn Shepherd, vice president, Fonix Product Development. "This relationship between Fonix and e'Star Laboratories will expand market opportunities in Asia for other products and devices incorporating speech interfaces."
About e'Star Laboratories
Established in 2002, e'Star Laboratories specializes in marketing digital audio mobile multimedia products, research and development. e'Star's signature products include the Monolith I and Monolith II MP3 players. For more information, visit e'Star Laboratories' Web site (in Korean and Chinese) at www.estarlab.com.
About Fonix
Fonix Corp. provides speech interface solutions for mobile/wireless devices, computer telephony systems, the assistive market, automobiles and everyday consumer devices. Manufacturers and developers incorporate Fonix technology to provide their customers with an easy, convenient, reliable user experience. Visit www.fonix.com for an introduction to Fonix's suite of speech solutions, or contact a representative at 801-553-6600 and say "Sales."
Statements released by Fonix that are not purely historical are forward looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include general economic, competitive, governmental and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
SOURCE: Fonix Corp.
Media Contact:
Fonix Corp., Salt Lake City
Elizabeth Sweeten
1-801-553-6600
mediainfo@fonix.com
Investor contact:
ECON Investor Relations, Inc.
1-866-894-3913
Dawn Van Zant
dvanzant@investorideas.com
or
Trevor Ruehs
truehs@investorideas.com
www.investorideas.com
For full details, click here:
http://www.investorideas.com/Companies/FNIX/NewsReleases.asp
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