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Preferred Voice Completes First Network Based SS7 VoIP Wireless Deployment
Company to Discuss Achievement at Intel's TechSummit 2001
DALLAS,
Texas, October 22, 2001 - Preferred Voice, Inc. (OTC BB: PFVI) has announced
that it has successfully completed the first VoIP network based deployment of
voice recognition services for a wireless carrier. This environment utilizes a
packet based voice network in conjunction with the Signaling System Seven (SS7)
network. This first of its kind installation was completed as part of the
company's scheduled product deployment and marketing rollout with one of its
carrier partner, Illinois Valley Cellular.
The company now believes that
it can begin to successfully utilize its private VoIP network to deploy and
deliver not only its own speech driven products, but also that of third party
service providers to any telecom carriers worldwide. This method of deployment
coupled with Preferred Voice's proprietary voice recognition technologies will
now "set the standard" for rapid time to market and cost effect service delivery
for both wireless and wireline service providers.
Preferred Voice's Vice
President of Operations, Darryl Whitfield, will be discussing this achievement
as part of his presentation to the attendees of this years TechSummit sponsored
by Intel Communications. The symposium, being held October 22-25, 2001 in Los
Angeles, is one of the industry's premier conferences focusing on data and voice
network issues.
As more and more wireless and wireline telecom carriers
look to network-based service platforms as the preferred method of delivering
new revenue enhancing applications, Preferred Voice's private VoIP network will
provide service delivery not for its own service offerings, but for third party
service providers through authorized network access. Access to Preferred Voice's
extensive carrier network along with call management and advanced API solutions
are all part of the programs and services now available through Preferred
Voice's recently announced Network Services Group.
About Preferred
Voice:
Based in Dallas, TX, Preferred Voice, Inc. (OTC BB: PFVI) is a
leading voice recognition technology company. In addition to the newly formed
Network Services Group, Preferred Voice's Carrier Services Group markets
services to wireless, ILEC and CLEC companies across the United States.
Preferred Voice's 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. All of these voice services overlay on their existing wireless and
wireline phones as a voice alternative to touchtone. Preferred Voice has signed
agreements with 40 telecom carriers. These telecom carriers serve more than 4.7
million subscriber lines in 34 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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