stock & financial message boards
  Joined Today: 1

  Login  |  Registration |  Site Map  |  Stock Market Blogs reaching thousands of users every day  |  Recent Activity  |    |

« Previous | Next » | All Messages |  FNIX Message Board Home | recommend post |  Ignore Poster

Message #66
From: NewsBot
Date: December 19, 2006 06:00:00 AM

FNIX News Meridian Licenses Fonix Speech Technology for Nevada 511 Road Traffic Information Service

SALT LAKE CITY--(BUSINESS WIRE)--Fonix Speech, Inc., a wholly owned subsidiary of Fonix Corporation (OTC BB: FNIX) specializing in embedded speech interfaces for mobile devices, handheld electronic products, video game systems and processors, announces that Meridian Environmental Technology, a leading provider of weather forecasting and road information services, has deployed a 511 traveler information service in Nevada that incorporates Fonix speech recognition technology. Fonix licenses its speech technology to Meridian under a non-exclusive contractual agreement.

“Meridian is committed to offering motorists the most advanced cutting-edge technology solutions to make driving safer,” said Mark Owens, Vice President, Meridian Transportation Services. “Fonix technology enables the Nevada 511 system with speech-based access to travel-related information. Users don’t have to push numerous buttons on their cell phones; instead, they access information with voice commands. It’s more user friendly, and, we believe, ultimately results in a safer travel experience for drivers.”

Meridian and Fonix have partnered to incorporate Fonix speech technology into Meridian’s 511 traveler information system, which is currently available in Nevada, North Dakota, Kansas, Nebraska and Montana. By dialing 5-1-1, callers can access information about route-specific weather, construction, accidents/incidents/events and road conditions as well as other general travel information. Callers request information on a specific section of highway, and the application using Fonix speech recognition queries a database for that highway and speaks the information from the database to the caller.

About Meridian

Meridian Environmental Technology, Inc. is one the Midwest’s fastest growing advanced technology companies, bringing leading-edge technology solutions to surface transportation, agriculture, emergency management and other industries nationwide. Meridian’s cutting-edge technologies are designed to provide a modern approach to the processing, analysis, forecasting, application and dissemination of high-end weather information, allowing Meridian to develop and deliver products that both enhance productivity and improve the quality of everyday life. Visit www.meridian-enviro.com for more information, or contact a Meridian representative at (701) 792-1800.

About Fonix

Fonix Corporation (OTC BB: FNIX), based in Salt Lake City, Utah, is an innovative speech recognition and text-to-speech technology company that provides value-added speech solutions through its wholly owned subsidiary, Fonix Speech, Inc., currently offering voice solutions for mobile/wireless devices; interactive video games, toys and appliances; computer telephony systems; the assistive market and automotive telematics. Fonix provides developers and manufacturers with cost-effective speech solutions to enhance devices and systems. Visit www.fonix.com for more information, or call (801) 553-6600 and say “Sales.”

Statements released by Fonix that are not purely historical are forward-looking within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company’s business prospects and performance. The Company’s actual results could differ materially from those in such forward-looking statements. Risk factors include general economic, competitive, governmental and technological factors as discussed in the Company’s filings with the SEC on Forms 10-K, 10-Q and 8-K. The Company does not undertake any responsibility to update the forward-looking statements contained in this release.

« Previous | Next » | All Messages |  FNIX Message Board Home | Ignore Poster