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Preferred Voice Signs Three New Telecom Carriers
Revenue Generating Voice Dialing Service For Carriers Spurns Demand
DALLAS, Texas, November 5, 2001 - Preferred Voice, Inc. (OTC BB: PFVI)
said today that its Carrier Services Group has completed marketing agreements
with three additional wireless and wireline carriers, bringing the number of
carriers that have signed exclusive multi-year, revenue-sharing contracts to 43.
The company said the three new carriers, Highland Cellular of West Virginia,
PTCI and Panhandle Telephone both of Oklahoma, are expected to begin deployment
of Preferred Voice's voice recognition services by the first quarter of 2002.
According to Bill Schereck, Preferred Voice President and Chief
Operating Officer, "As the major provider of speech enhanced dialing services in
the U.S., Preferred Voice has a proven track record established not only in the
wireless markets but wireline as well and will continue to deliver network based
service applications that are quick to market and produce significant revenue
for our carrier partners. As we keep to that commitment, our customer base will
continue to expand, as will our revenues."
Initially these carriers will
be providing their subscribers with Preferred Voice's voice activated dialing
service, but additional voice recognition services, including BusinessConnect, a
call completion service to local businesses, will be launched at a future date.
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, TX, Preferred Voice,
Inc. (OTC BB: PFVI) 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 43 telecom carriers. These telecom carriers serve more
than 5.5 million subscriber lines in 35 states. For more information please
visit www.preferredvoice.com.
"Safe Harbor" Statement under the Private
Securities Litigation Reform Act of 1995:
This press release contains
forward-looking statements. Since all statements about Preferred Voice's Plans,
estimates, and expectations are based on current projections that involve risks
and uncertainties, and are subject to change at any time, the Company's actual
results may differ materially from expected results. Readers should consider
these risks and uncertainties, which are discussed in documents filed by
Preferred Voice, Inc. with the Securities and Exchange Commission. These
documents identify important factors that could cause the actual results to
differ materially from those contained in the forward-looking statements.
Preferred Voice, Inc. expressly disclaims any obligation to update any
forward-looking statements.
Company Contact:
Bill Schereck
President / COO
(214) 265-9580
wschereck@preferredvoice.com
Agency Contact:
Ira Weingarten
Equity Communications
(805)
897-1880
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