July 6, 2005
NetByTel, Inc. Signs Multi-Year Voice & Speech Recognition Patent License Agreement from Voice2Form, LLC
(Ft. Lauderdale, FL – July 6, 2005) Voice2Form, LLC, which has exclusive patent rights for a voice recognition system to help people fill out forms for a variety of commercial and governmental agencies, today announced NetByTel, Inc. has signed a multi-year patent license agreement to use Voice2Form’s unique voice and speech recognition technology process for completing paper and electronic forms. Voice2Form's patented application system collects applicants' voice entries from any phone, converts the answers to text and enters the information into any form and/or company database, such as a web server. "The combined value of our speech recognition call center software and Voice2Form's patent will let NetByTel continue to provide forms based solutions that can be applied to any industry that requires forms completion over the telephone", said Ken Jackowitz, executive vice president and chief customer officer of NetByTel. "We are pleased to renew our relationship with Voice2Form." “With a patent license from Voice2Form, NetByTel has a distinct competitive advantage in the market providing speech recognition call center software to complete forms of any kind”, said Phil Sencer, president of Voice2Form. “Forms completion on paper or on the web has become a way of life. NetByTel is uniquely positioned to empower their customers with user friendly, self-service voice automated system to complete those forms,” continued Sencer. Voice2Form applications are designed as a series of modules which serve as the foundation of common information used to complete most forms used today. By taking a building block approach, Voice2Form provides modules which can be interchanged among several applications and forms required to be completed. Voice2Form’s mortgage loan application is currently deployed in the mortgage and financial services industry. The mortgage application supports Fannie Mae standard data formats and works with all loan origination software (LOS) applications which adhere to the Fannie Mae standard.
About Voice2Form:
Based in Fort Lauderdale, FL, Voice2Form, LLC offers a patented voice recognition system that applies to both commercial and governmental agencies (federal, state, local) that requires an individual or business to complete forms, such as loan applications, credit investigation documents, school applications, professional applications (i.e., bar application, etc.), governmental forms (immigration/visa forms, income tax returns, etc.) Voice2Form is selectively licensing it’s patented technology to partners with expertise in insurance, financial services, government, human resources, medical and legal market segments. For additional information, visit www.Voice2Form.com or call 561.329.5255. Application line 877.269.3676 US Patent 6,738,740 (B1)
About NetByTel:
NetByTel® delivers the best telephone self-service experience for callers. NetByTel solutions use speech recognition to answer calls that are currently handled by a live agent, providing its clients increased revenue opportunities, reduced operating expense, increased gross margins, and 24x7 service availability. As an industry leader in speech recognition call center software, NetByTel provides a true multi-channel leverage point for its wide variety of retail, catalog, direct response, publishing, travel/hospitality, finance and manufacturing clients. For more information, visit the Company Web site at www.NetByTel.com.
Media Contacts:
Voice2Form: Ken Barash, 561.756.1055, psencer@voice2form.com
NetByTel: Gary Schweikhart, 561.756.4298, gary.schweikhart@netbytel.com