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Press Release

 

Preferred Voice Signs Two New Telecom Carriers

Revenue Generating Voice Dialing Service For Carriers Continues to Prove Successful

DALLAS, TX. March 7, 2002 -- Preferred Voice, Inc. (OTCBB: PFVI), the leading network-based speech application provider, today announced that its Carrier Services Group has completed marketing agreements with two additional wireless and wireline carriers, bringing the number of carriers that have signed exclusive multi-year, revenue-sharing contracts to 48. The company said the two new carriers, Northeast Colorado Cellular of Fort Morgan, Colorado and MobileTel of Houma, Louisiana, are expected to begin deployment of Preferred Voice's voice recognition services by the second quarter of 2002.

Preferred Voice, Inc. has developed cost-effective, turn-key solutions that enable both wireline and wireless carriers to offer their subscribers revenue producing voice recognition services, including Voice Activated Dialing. "Our list of carrier partners continues to grow as more and more wireless providers demonstrate their commitment to voice recognition services and to the safety concerns of their subscribers," said Bill Schereck, President and COO for Preferred Voice. "This agreement with Northeast Colorado Cellular and MobileTel is yet another positive step in insuring Preferred Voice's role as the only viable speech recognition provider to telecommunications carriers."

Initially these carriers will be providing their subscribers with Preferred Voice's voice activated dialing service, but additional voice recognition services, such as BusinessConnect, a call completion service to local businesses, will also be available to subscribers. Preferred Voice's voice recognition services are delivered over their own private SS7 VoIP network and require no changes in the subscriber's phones.

About Preferred Voice

Based in Dallas, Texas, Preferred Voice, Inc. is a leading voice recognition technology company. Through its Carrier Services Group, Preferred Voice markets its products and services to wireless, ILEC and CLEC companies across the United States. These enhanced voice services include Safety Talk voice activated dialing, voicemail navigation, VAC voice accessed content, voice calling cards, BusinessConnect voice directory assistance and EmmaPR voice telephone receptionist. Preferred Voice's Network Services Group provides carrier connectivity, call management, provisioning and service delivery solutions for carriers, voice portal providers, wireless application providers and other enhanced features providers. Preferred Voice has signed agreements with 48 telecom carriers. For more information please visit www.preferredvoice.com.

Media Contact:
Joelle Mertzel
Murphy O'Brien Public Relations
(310) 453-2539
 
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