Fonix Speech Selected by AOnePro for New Electronic Dictionaries in Korea

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October 20th, 2006 Leave a comment Visited 14 times, 1 so far today

Fonix Speech Selected by AOnePro for New Electronic Dictionaries in Korea

Fonix Speech Solutions on Epson Chips Adopted by Market-Leading Asian E-Dictionary Customers

SALT LAKE CITY–(BUSINESS WIRE)–Fonix Speech, Inc., a wholly owned subsidiary of Fonix® Corporation (OTCBB: FNIX) specializing in embedded speech interfaces for mobile devices, handheld electronic products, and systems and processors, announces a licensing agreement to provide Fonix DECtalk text-to-speech (TTS) for two new electronic dictionaries manufactured and sold by AOnePro, a leading provider of e-dictionaries in Korea. Fonix will receive unit royalties from the sale of each device.

AOnePro’s new handheld dictionary devices for Korean speakers, models AP255 and APM700, feature DECtalk 4.6.4 — Fonix’s TTS solution for limited-memory electronic devices. The AP255 is a general-use dictionary, while the APM700 was developed primarily for the medical industry and will be marketed specifically to medical students. Both dictionaries are marketed and sold in Korea. Sales of these new models are expected to exceed a market volume of over 10,000 units per month over the next year.

“AOnePro wanted to utilize the most understandable text-to-speech on our new dictionaries,” says Hyoung Chul Shin, AOnePro. “We chose Fonix DECtalk English TTS because of its high intelligibility as well as its small memory and processing power requirements. We look forward to offering another useful, easy-to-use device to our Korean customers.”

Fonix established a working relationship with AOnePro through its partnership with Epson. Epson and Fonix have offered a combined speech solution featuring Fonix speech technology on Epson semiconductor chips since 2003. AOnePro implemented the Fonix/Epson speech solution utilizing the powerful Epson S1C33L05 semiconductor chip.

“AOnePro developed the first English-Korean e-dictionary in 1991, so they have a long-established reputation of manufacturing high-quality electronic reference products, and they have expanded their market share ever since,” says Walt Nawrocki, Senior VP and GM, Fonix Speech, Inc. “As their first product offerings to use Fonix technology, these two new e-dictionaries are designed to help Korean speakers learn English.”

About AOnePro

AOnePro launched its first electronic dictionaries in the Korean market in 1991 as AONEPROTECH. The Company currently develops products in Korea with another manufacturing facility in Shenzhen, China. Work is also done with a partnering OEM in Shanghai. AOnePro is committed to providing high-quality educational devices in English, Chinese and Japanese for students and general users. The Company is invested in future convergence products for education such as PMP, DMB and other leading-edge wireless solutions including e-dictionaries. Visit www.aonepro.co.kr/ for more information.

About Fonix Speech, Inc.

Fonix Speech, Inc., a wholly owned subsidiary of Fonix Corporation, currently offers speech technology solutions including speech recognition and text-to-speech for mobile phones and wireless devices; interactive videogames, toys and appliances; computer telephony systems; the assistive market and vehicle telematics.

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. Interactive speech technologies allow Fonix to provide customers with comprehensive cost-effective solutions to enhance and expand their communications needs. 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.
Contacts

Fonix Investor
Michelle Aamodt, 801-553-6600
investorrelations {at} fonix(.)com
or
Fonix Speech
Elizabeth Sweeten, 801-553-6600
esweeten {at} fonix(.)com





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