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ViryaNet to Offer Speech-Enabled Service Delivery Solutions With Conversay's Speech TechnologyViryaNet Hands-Free To Be Powered By Conversay Voice Surfer(TM)SOUTHBOROUGH, Mass.--Dec. 14, 2001-- ViryaNet (NASDAQ: VRYA - news), a provider of software solutions that help organizations improve their delivery of service, today announced that it will offer the Conversay Voice Surfer(TM) speech recognition product as an optional component to its wireless workforce management solution. ViryaNet will market the Conversay product under the name ViryaNet Hands-Free -- powered by Conversay(TM) to organizations in the telecommunications, utilities, high technology, insurance, and retail industries.Conversay Voice Surfer is a modular, scalable, and voice-activated solution that enables service technicians to interact with ViryaNet solutions through spoken commands. The solution allows technicians to perform tasks such as downloading work order information, entering customer data, querying databases, placing phone calls, checking calendars, reading e-mail, and recording time and materials -- all in a hands-free, easy-to-learn environment -- using natural language. ``This is all about ease of use,'' stated Win Burke, president and CEO, ViryaNet. ``ViryaNet is committed to providing world-class service solutions, and ensuring that these solutions receive the highest degree of user acceptance. ViryaNet Hands-Free--powered by Conversay is just one example of how we continuously develop or embed new technology to assist the people who work on the frontline. Many of our competitors' implementations fail because they forget that solutions support users.'' ``ViryaNet Hands-Free, powered by Conversay enables service companies to offer their staff more choices for accessing ViryaNet service data and content,'' stated Steve Rondel, founder and acting CEO, Conversay. ``A natural speech interface allows mobile professionals to access the Internet or critical business information at anytime and from anywhere.'' The Conversay Voice Surfer product is speaker-independent and accommodates an unlimited vocabulary. The product requires no training to recognize voices or commands. It is the only speech technology on the market that provides both speech recognition and text-to-speech in the same engine. The Voice Surfer product line includes a voice- browser and a supporting software development kit. About Conversay Founded in 1994, Conversay provides solutions that enable voice interaction with networked information, including the Internet, when other interfaces are difficult or impossible. Built on an innovative speech engine, Conversay(TM) technology is speaker-independent, modular, scalable, and accommodates unlimited vocabulary, making it ideally suited for embedded applications. It also drives the award-winning line of Conversation(TM) products including a voice browser, a server, and developer tools for the Web, desktop, server, and embedded markets. Conversay is headquartered in Redmond, WA, and is located on the Web at www.conversay.com. About ViryaNet ViryaNet is a provider of solutions for wireless field service automation. ViryaNet's flagship product -- the award-winning ViryaNet Service Hub -- combines the power of the Internet, the freedom of wireless technologies, and the resources of ViryaNet's deep service expertise to help companies improve workforce scheduling, dispatching, and activity reporting; customer contract and entitlement automation; and logistics and repairs management. Customers in the telecommunications, manufacturing, utilities, third-party maintenance, and other industries use ViryaNet Service Hub to transition complex service business processes into a manageable, scalable Internet operation, with the goal of increasing service revenues, decreasing service costs, and maximizing customer satisfaction. Safe Harbor Statement Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this press release that are not purely historical are forward- looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, including statements regarding ViryaNet's expectations, beliefs, intentions, or strategies regarding the capabilities of its products, its relationships with its customers, its customer purchases, its future operational plans and objectives, its future business prospects, its future financial performance, and its future prospects for profitability. All forward-looking statements included in this document are based upon information available to ViryaNet Ltd. as of the date hereof, and ViryaNet Ltd. assumes no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause actual results to differ materially from those projected. These and other risks relating to ViryaNet's business include market acceptance of and demand for the Company's products, risks associated with a slow-down in the economy, risks associated with the events associated with the September 11, 2001 terror attacks in the US, risks associated with competition and competitive pricing pressures, risks associated with increases in costs and operating expenses, risks in technology development and commercialization, the risk of operating losses, risks in product development, risks associated with international sales, and other risks that are set forth in ViryaNet's Form F-1, as amended, declared effective by the SEC on September 19, 2000, and the other reports filed from time to time with the Securities and Exchange Commission. Reported results should not be considered an indication of future performance. You should not place undue reliance on these forward-looking statements, which speak only as the date hereof. ViryaNet disclaims any obligation to publicly update or revise any such forward-looking statements to reflect any change in our expectations or in events, conditions, or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements. Editorial Contact: Beth Bryant Sterling Hager, Inc. 617.926.6665 beth@sterlinghager.com top of page |
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