Message #83 From:
NewsBot Date: March 6, 2007 06:10:00 AM
WIZD News Wizzard Software and MedivoxRx Technologies Announce Rex-The Talking Prescription Bottle Selected for Inventables Innovation Center(TM)
PITTSBURGH--(BUSINESS WIRE)--MedivoxRx Technologies, a division of Wizzard Software (OTCBB: WIZD), announced today that Rex-The Talking Prescription Bottle has been selected to be included in this quarter’s edition of the Innovation Center, a quarterly updated technology library designed to introduce, educate, and inspire companies to create new materials and technologies. Each quarterly update contains 20 different, innovative and inspiring technologies.
Innovation Centeris produced by the Chicago-based company Inventables, whose goal is to help companies innovate by bringing inspiring ideas to designers and engineers of large consumer product companies. Inventables’ impressive customer base includes Nike, BMW, Glaxo-Smith Kline and Proctor & Gamble.
Osman Ozcanli, Technology Envisioner for Inventables, is the leader of a Technology Hunters team that works to find the technologies to be featured in each quarterly update. The team of Technology Hunters search around the globe to identify hundreds of unique technologies that would inspire new products for their clients. After these technologies are identified, a second team of brain-stormers envision possible consumer product applications to broaden the vision for the technologies and how they might be used.
Of the hundreds that have been reviewed each quarter, a select 20 of these items then appear in each quarterly update. The items chosen are organized into five categories: materials, mechanisms, electronics, processes and "wow" products. Rex is appearing in the category of “wow” products. Selected technologies appear on the Inventables cutting edge Innovation Centers, which are placed in high-traffic areas at companies to encourage free-thinking and on-the-spot brainstorming.
“The talking prescription bottle was one of the most inspirational and tactile items in this quarterly update,” said Ozcanli. “The talking prescription bottle was selected because it demonstrated that it is possible to add voice instructions to almost any consumer product cost-effectively. But it was not only the simple electronics that made the product special. It was also the text to speech software capability that made the concept much more applicable, scalable and practical.”
“We are proud to have our product and our technology recognized by Inventables,” said Gene Franz, General Manager, Solutions and Channels for MedivoxRx Technologies. “We look forward to the exposure that Inventables provides for us to its customers, thus enabling us to assist the many people who can benefit from Rex.”
Inventables is a company that helps consumer product manufacturers innovate. Founded in 2002, Inventables set out to educate and energize product development teams by sharing materials and technologies that have unexpected qualities. Through its flagship product, Innovation Center™, Inventables shares a collection of the world’s most astonishing technologies that apply to consumer product design. This quarterly portfolio showcases these provocative items and reveals possible applications. Thousands of designers at product manufacturing companies, including Herman Miller (NASDAQ: MLHR), BMW (BMWG: DE), NIKE (NYSE: NKE), Procter & Gamble (NYSE: PG), and Black & Decker (NYSE: BDK) receive these technologies. Products directly influenced by Inventables are already beginning to fill store shelves. To learn more, visit www.inventables.com.
About Wizzard Software
Founded in 1996, Wizzard Software has become a leader in the speech technology application development market. Wizzard architects solutions to business problems using its expertise in consulting, speech development tools and building speech based applications for the Desktop and Internet. Wizzard has achieved global recognition because of its expertise with voice communication whether it is via computer or telephone. Wizzard's successes have led to expanding speech technology opportunities in both the government and commercial sectors including several healthcare industry products and services. For more information, visit www.wizzardsoftware.com.
In April of 2004, Wizzard acquired MedivoxRx Technologies. Established in 2000, MedivoxRx is the originator of “Rex”, the talking prescription pill bottle, which “talks” to the patient allowing them to distinguish what type of medication is in the bottle and hear critical information on dosage amounts and refill parameters. Additional information on MedivoxRx can be found at www.rxtalks.com.
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Legal Notice Regarding Forward-Looking Statements: "Forward-looking Statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies and acts of terror against the United States.
