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Press Release

 

PFVI to Unveil Plans, Targets and Timetables at VOX 2001

DALLAS, Jul 12, 2001-- Preferred Voice, Inc. (PFVI) , headquartered in Dallas, said today it will present its plan for bringing 40 customers and a minimum of 500,000 billable subscribers online this year to a prestigious national audience of telecommunications leaders at VOX 2001. Sponsored by the Kelsey Group, VOX 2001 will be held in Boca Raton, FL, July 18-20, 2001.

"With the initial agreements with AT&T behind us, we now have the technology to do the job. And recent events in Albany, Atlanta and elsewhere have created a favorable political and social climate for Telcos to introduce 'Safety Talk' -- and the benefits of voice activated dialing as an enhanced service suitable for each and every customer," said Preferred Voice chairman and co-founder G. Ray Miller.

Miller said that of the 40 Telcos expected to participate in the rollout, that exclusive, long-term agreements with 30 of these customers have already been announced. "Our customers include Telcos of every size and shape, and from every area of the United States," Miller said.

Miller said, "I plan to demonstrate to the industry and to the institutional audience at VOX how the platform we are building with AT&T is going to work, so they can fully appreciate the profound economic and strategic benefits, and understand why we believe that voice activated dialing is going to be the most important advance in telecommunications since touch tone."

"With the AT&T agreements," said Miller, "we dramatically lowered our cost structure; we gained the scalability necessary to enable all Telcos -- regardless of size -- to become our customers; and we created a substantial barrier to entry for anyone who may come along in the future to compete with PFVI in the business of providing Telcos the technology to deliver voice dialing services to customers -- along with the ability to get started right away without having to make a substantial up front capital investment."

Miller, who will be leading the team for Preferred Voice at VOX 2001, has served successfully in various leadership capacities in the telecommunications industry for more than 30 years. As co-founder of US Telephone, Inc., he directed one of the first and most successful competitive long distance companies in the 1980s. US Tel later merged with two other companies to form US Sprint in 1985. As founder and CEO of International Telecharge, Inc., Miller was instrumental in pioneering the operator services industry's first robotics operator using voice technology. Now as co-founder, Chairman and CEO of Preferred Voice, he is intent on using the telephone to bring voice-activated dialing -- and a whole new generation of enhanced services -- into every home.

About Preferred Voice, Inc.
Preferred Voice markets innovative speech recognition services to wireless and wireline telecommunications providers across the nation. As recently announced, the company will be deploying these services over the internet through its private VoIP network supported and hosted by AT&T IP services. By utilizing this high-speed IP backbone network, Preferred Voice can deliver a broad menu of voice recognition services to both wireline and wireless carriers regardless of size or location. Additionally, this new network provides Preferred Voice with significant cost savings through centralized network management and deployment. For more information please visit www.preferredvoice.com.

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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