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InterVoice-Brite and 724 Solutions team up to bring voice to the wireless Internet
URL(s): www.intervoice-brite.com
DALLAS, TX, and TORONTO, ON, Sep 24, 2001 -- InterVoice-Brite (Nasdaq: INTV) today announced an alliance with 724 Solutions Inc. (NASDAQ:
SVNX; TSE: SVN) to pioneer an offering that will make the mobile Internet a more viable source of information and means of communication. Through a combination of InterVoice-Brite's
speech portal capabilities and 724 Solutions' wireless Internet technology, the speech-enabled wireless Web is no longer a dream - it is a reality.
The combination of speech and wireless Internet technologies provides users with options to choose the most effective method for communicating and requesting or receiving information.
To date, the wireless Internet has been an effective medium for receiving comprehensive information; however, its limitation has been the number of "clicks and scrolls" needed to request
information. The integration of speech recognition overcomes this obstacle by allowing callers to simply speak their requests. Additionally, with proactive alerts technology, information
can be sent to a customer's or subscriber's Short Message Service (SMS)- or Web-enabled wireless phone, personal digital assistant (PDA), pager or e-mail system using voice or data
as appropriate.
"This alliance with 724 Solutions underscores our belief in mobile communication and information access and our support of the wireless Internet," said David Brandenburg, CEO of
InterVoice-Brite. "By adding the speech recognition capabilities of our OneVoice(R) and Omvia(TM) products to the wireless Web, a user's ability to easily access information will be
increased exponentially, and people will begin enjoying the convenience the mobile Internet was created to provide."
InterVoice-Brite will Web-enable its OneVoice and Omvia solutions based on 724 Solutions' alerts technology and its Wireless Internet Platform(TM), and offer it to customers beginning
later this year. As part of its multi- modal strategy announced today, 724 Solutions will be leveraging InterVoice- Brite's technology and expertise as it continues to voice-enable its suite
of products.
"By integrating InterVoice-Brite network and enterprise products with our wireless transaction platform and applications, 724 Solutions will be able to create a seamless offering that
makes the most of the wireless Internet regardless of what device a consumer is using, and where they are when they're using it," said Greg Wolfond, Chairman, 724 Solutions. "As
wireless applications become more compelling and easy to use, we believe more consumers will turn to their wireless devices to perform everyday transactions - creating a cost-effective
channel that has the potential to drive transactions."
About InterVoice-Brite
With systems operating in more than 70 countries, InterVoice-Brite is the technology leader in speech-enabled interactive information solutions, enhanced services for network service
providers and a premier communications and e-commerce ASP. The Company operates in two global divisions, each focusing on a separate marketplace. iVB Network Solutions
provides speech- enabled value-added solutions and outsourcing services marketed under the Omvia(TM) product name for network operators. iVB Enterprise Solutions provides speech
and self-service solutions serving millions of enterprises' customers and institutions' patrons worldwide. Both divisions also provide their products and services as an Application Service
Provider. For more information, visit www.intervoice-brite.com.
About 724 Solutions Inc
.
724 Solutions Inc. is a leading global provider of Internet infrastructure software that enables the delivery of secure financial services applications and mobile transaction solutions across
a wide range of Internet- enabled devices. The 724 Solutions suite of products and services enables companies to realize value through the mobile Internet by building, deploying, and
integrating personalized and secure mobile commerce and lifestyle applications. With dual headquarters in Toronto, Canada, and Austin, Texas, the company has development and
sales offices around the world. 724 Solutions' common shares are listed on the NASDAQ National Market (SVNX) and The Toronto Stock Exchange (SVN). For additional information
visit www.724.com.
This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of
1995. These statements include the statements herein regarding: the services and features that will be offered, the benefits that customers and consumers will obtain through these
services, and future demand for these services. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to
differ materially from those projected or anticipated, including the risk that 724 Solutions and InterVoice-Brite will be unsuccessful in deploying multi-modal solutions, any failure by target
customers or consumers to demand such services, and other risks described in 724 Solutions' and InterVoice-Brite's SEC filings. These risks are also described in 724 Solutions' filings
with the Canadian Securities Administrators. 724 Solutions and InterVoice-Brite do not undertake any obligation to update this forward-looking information, except as required under
applicable law.
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