Business Wire | 28 days 3 hours 41 minutes ago
Ditech Networks to Showcase Voice Web and Voicemail Transcription Applications at BroadSoft Connections Users’ Conference
Oct 26, 2009 7:00 AM CDT
Company to Demonstrate Carrier and Subscriber Benefits of Growing Voice Application Market
SCOTTSDALE, Ariz.-- (BUSINESS WIRE) -- BroadSoft Connections 2009
Ditech Networks (NASDAQ:DITC - News), a global leader in mobile voice processing solutions, today announced that it will be presenting at BroadSoft Connections 2009, BroadSoft’s annual executive users' conference. Ditech will demonstrate toktok, an innovative new voice application that it is developing to enable carriers to offer their subscribers unique, speech-powered productivity and call control features, and Ditech’s new suite of SimulScribe voice-to-text services.
Ditech’s toktok application will provide voice web access over a regular phone call. Unlike other voice applications that run on devices or servers, the toktok application will run on the carrier’s network, providing them with the ability to offer revenue generating, voice-enabled applications to any of its customers – even those without smart phones. In coordination with Ditech’s mStage Media Processor, the toktok Application Suite will enable service providers to offer to their subscribers toktok’s speech enabled, mid-call functionality that cannot be found in any other voice application. toktok also has an open API, which will allow developers to create compelling applications that carriers can take to market.
“We are excited Ditech is attending BroadSoft Connections 2009,” said Leslie Ferry, vice president of marketing, BroadSoft. “Ditech’s toktok solution, which will be showcased in our Consumer Pavilion, will demonstrate how Voice Command Integration delivers a compelling service that enables consumers to be more productive and safe.”
Ditech also offers superior voice-to-text transcription services, as a result of its recently announced exclusive, strategic relationship with SimulScribe. In addition, SimulAuto, Simulscribe’s fully automated voice-to-text solution, is integrated within the toktok application. Ditech will discuss how its industry-leading Voice Quality Assurance (VQA) technology in combination with the SimulScribe VTT service will allow carriers to offer users voice transcription of the highest possible quality. Recent company studies have shown voice recognition accuracy can be significantly improved by employing VQA to reduce background noise and clarify speech.
“BroadSoft Connections is an ideal event to present how toktok and SimulScribe can make voice a growth opportunity for carriers,” said Karl Brown, vice president of marketing in Ditech Networks. “Making voice the gateway to new value-added applications will allow operators to leverage their core competencies to gain new revenue streams. BroadSoft’s philosophy on the telecommunications industry is closely aligned with our own and we are excited about the future possibilities between the two organizations.”
BroadSoft Connections 2009 will be held at The Phoenician in Scottsdale, Arizona from October 25-28.
About Ditech Networks, Inc.
Ditech Networks is revolutionizing modern communications with advanced voice processing solutions that perform tasks spanning from voice applications such as: voice web access, voice call control and voice-to-text services to network and speech quality enhancement. Ditech believes in the power and simplicity of human speech; it is building and offering technology designed to deliver compelling voice capabilities to new communications methods like social networking and text messaging, allowing consumers to use voice in ways that make sense in today’s Web 2.0-savvy world.
Leveraging over 15 years of deployments with communications providers around the world, Ditech offers unique, effective products and services that put the subscriber’s experience first, assisting carriers with revenue generation, service differentiation, network expansion and call capacity. Ditech’s customers include Verizon, Sprint/Nextel, Orascom Telecom, AT&T, China Unicom, Global Crossing and West Corporation. Ditech Networks is headquartered in Mountain View, California. For more information, visit www.ditechnetworks.com.
Forward-Looking Statements
This press release contains forward-looking statements regarding Ditech Networks' expectations of the capabilities of and the benefits from using mStage, toktok and Simulscribe, the timing of sales of these products, and the benefits of combining Ditech Networks' VQA with Simulscribe products. Actual performance of these products could differ materially as a result of unanticipated factors and events, including that toktok and mStage are currently in product development, and Ditech Networks could experience unexpected difficulties in their development. Additionally, Ditech Networks could face unforeseen difficulties in integrating VQA and its API's into SimulScribe's VTT products and API, and in marketing and selling SimulScribe's products. Further risks inherent in Ditech Networks' business are detailed in the section entitled "Future Growth and Operating Results Subject to Risk" in Ditech Networks' Quarterly on Form 10-Q for the quarter ended July 31, 2009 (filed September 2, 2009 with the Securities and Exchange Commission).
Ditech Networks, Voice Quality Assurance, toktok, and mStage, are trademarks or registered trademarks of Ditech Networks, Inc. All other trademarks are the property of their respective owners.
Ditech Networks, Inc.
Press:
Rob Adler,
415-984-1970
Investors:
Bill Tamblyn, 650-623-1309
Articles appearing above are picked up from Business Wire's feed. Stories from this feed are submitted by companies, edited and rereleased as a service of Business Wire.
