EGIL Tackles the Question: Is 'The Edge' High Speed Internet Device Also a Phone? YES...A phone on steroids!
November 30 2006 - 9:44AM
Business Wire
EGIL�s previously announced partnership with SpeechPhone has
enabled The Edge by Edgetech (OTC: EGIL), the world's first
ultra-mobile handheld computer with a built-in modem and
full-screen display operating at DSL type-speed, to transform into
a powerful communications device. By utilizing SpeechPhone�s award
winning communications assistant Mandi� (My Automated Natural
Dialog Interface), users of The Edge receive a single, local phone
number which allows calls to connect through the Internet, linking
the value of IP calling with high speed broadband. Edge subscribers
can leave or retrieve voicemail messages, dial by voice, obtain
phone numbers from an address book at any time, and even listen to
e-mail messages in an existing e-mail account. E-mail management
options let users choose to save, delete, copy or reply - all by
voice command. The Edge and SpeechPhone over IP (SoIP) offer the
highest level of speed and convenience with �smart dial tone� and
instant access to Mandi�s features, allowing for greater
productivity from anywhere in the world with tremendous cost
savings. SpeechPhone offers flat rate service and private branded
solutions to resellers and service providers and ensures continuing
leadership in the development and deployment of speech-driven
personal assistants through their strategic partnerships with Level
3 Communications (NASDAQ: LVLT), NeoSpeech, PowerNet Global
Communications, Lucent (NYSE: LU), Bell Labs, and VLM
International. �Combining the amazing features of SpeechPhone and
the revolutionary technology of EGIL will assist our mutual
customers who depend on efficient communications for both
professional and personal needs,� commented Edgetech CEO, Lev
Parnas. �Managing high speed communication through simple voice
commands from anywhere in the world enables Edgetech to take
dramatic steps in redefining wireless Internet as we prepare for
our major product launch next week.� About SpeechPhone SpeechPhone
LLC (www.SpeechPhone.com and www.SpeechPhone.net) is a privately
held company, founded in April 2002 with the fundamental mission to
add speech to every phone. The company develops and markets speech
recognition based virtual assistants that unify communications and
messaging through a single personal phone number. SpeechPhone
virtual assistants empower the mobile workforce through more
efficient communication and easy access to information. Uniquely
packaged services are available for individual subscribers,
businesses and telecom carriers. What's more, SpeechPhone offers
the most compelling value and cost effective solutions in the
communications industry. The average user today has 3 phone numbers
to give out, 3 voice mail boxes to check, multiple e-mail accounts
and the choice of other communication tools like pagers, mobile
phones and even text messaging. The technological choices are great
but the use of multiple devices and multiple service providers has
created the demand for simplicity. That's what a SpeechPhone
assistant brings. SpeechPhone assigns a single personal phone
number that links all your existing phone numbers and messaging
solutions into one simple to use interface, driven by the users
voice. Add speech to your phone� and the rest is available simply
for the asking. SpeechPhone service runs on dedicated Lucent Speech
Servers including robust Automatic Speech Recognition and Text to
Speech technology developed by Bell Laboratories. Lucent Speech
Servers are NEBS compliant, fully redundant carrier grade platforms
which have already been proven by processing over 1 million
consecutive calls at a rate of approximately 7 calls per second.
Built to meet carriers stringent requirements for reliability, open
standards, scalability and interoperability, the SpeechPhone
platform is a complete solution for outsourced enhanced speech
services. About the Company: We are an authorized distributor of
The Edge. The Edge is a robust, handheld wireless internet access
device which delivers the internet at DSL like speed, displaying
full content HTML, web pages, graphics and java script. The Edge
offers a full desktop web experience, together with a larger
functional keyboard than competitive products. Our distribution
rights to such product are subject to a long-term marketing, sales
and distribution agreement between a Company subsidiary and the
licensor of such product, pursuant to which we have been granted
such rights in several exclusive vertical markets, virtually
worldwide, including: (i) fantasy sports and sports book; (ii)
online poker; (iii) music, movies and television; and (iv)
financial services markets. Ongoing exclusivity for such markets
is, generally, subject to the payment to the licensor of certain
fees, including delineated monthly service fees per subscriber,
and, meeting delineated minimal annual subscriber thresholds. The
Company's executive office facility is located at 950 North Federal
Highway, Suite 302, Pompano Beach, Florida 33062. Its telephone
number is 866-439-EDGE (3343) and its website address is
www.edgetechpc.com. The Company also maintains a West Coast
operations office facility at 9701 Wilshire Boulevard, 10th floor,
Beverly Hills, California 90212. Its telephone number is
310-860-6150. Except for historical information, the matters
discussed in this press release are "forward looking statements"
within the meaning of and which are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Such forward looking statements are subject to risks and
uncertainties that could cause actual results to be materially
different from historical results or from any results expressed or
implied by such forward looking statements. Any forward looking
statements speak only as of the date on which such statement is
made, are not guarantees of future performance, and involve certain
risks, uncertainties and assumptions that are difficult to predict.
Therefore, actual outcomes and results may differ materially from
what is expressed or forecast in such forward looking statements,
whether as result of new information, future events or otherwise.
Factors that could cause such results to differ materially from the
results discussed in such forward looking statements include,
without limitation: uncertain continued ability to meet our
operational needs in view of ongoing working capital constraints;
need for substantial additional capital to fully implement our plan
of operations; no assurances of and uncertainty of profitability,
no assurances of the Company's ability to effect sufficient product
sales so as to maintain exclusivity in certain vertical markets,
the result of which could materially adversely effect the Company's
results of operations; need for additional management, sales and
marketing personnel, which is contingent upon our receipt of
additional capital; competition from companies having substantially
great financial, marketing and other resources than the Company,
including name and brand recognition; the impact of competitive
services and pricing; changing consumer tastes and trends; and the
legal, auditing and administrative cost of compliance associated
with the Sarbanes Oxley Act. Many of such risk factors are beyond
the Company's control. New factors emerge from time to time and it
is not possible for management to predict all of such factors, nor
can it assess the impact of each such factor on the business of the
Company or the extent to which any factor, or combination of
factors may cause actual results to differ materially from those
contained in any forward looking statements. In light of these
risks and uncertainties, there can be no assurance that the results
anticipated in these forward looking statements will in fact occur.
The Company undertakes no obligation to update any such forward
looking statements. EGIL's previously announced partnership with
SpeechPhone has enabled The Edge by Edgetech (OTC: EGIL), the
world's first ultra-mobile handheld computer with a built-in modem
and full-screen display operating at DSL type-speed, to transform
into a powerful communications device. By utilizing SpeechPhone's
award winning communications assistant Mandi(TM) (My Automated
Natural Dialog Interface), users of The Edge receive a single,
local phone number which allows calls to connect through the
Internet, linking the value of IP calling with high speed
broadband. Edge subscribers can leave or retrieve voicemail
messages, dial by voice, obtain phone numbers from an address book
at any time, and even listen to e-mail messages in an existing
e-mail account. E-mail management options let users choose to save,
delete, copy or reply - all by voice command. The Edge and
SpeechPhone over IP (SoIP) offer the highest level of speed and
convenience with "smart dial tone" and instant access to Mandi's
features, allowing for greater productivity from anywhere in the
world with tremendous cost savings. SpeechPhone offers flat rate
service and private branded solutions to resellers and service
providers and ensures continuing leadership in the development and
deployment of speech-driven personal assistants through their
strategic partnerships with Level 3 Communications (NASDAQ: LVLT),
NeoSpeech, PowerNet Global Communications, Lucent (NYSE: LU), Bell
Labs, and VLM International. "Combining the amazing features of
SpeechPhone and the revolutionary technology of EGIL will assist
our mutual customers who depend on efficient communications for
both professional and personal needs," commented Edgetech CEO, Lev
Parnas. "Managing high speed communication through simple voice
commands from anywhere in the world enables Edgetech to take
dramatic steps in redefining wireless Internet as we prepare for
our major product launch next week." About SpeechPhone SpeechPhone
LLC (www.SpeechPhone.com and www.SpeechPhone.net) is a privately
held company, founded in April 2002 with the fundamental mission to
add speech to every phone. The company develops and markets speech
recognition based virtual assistants that unify communications and
messaging through a single personal phone number. SpeechPhone
virtual assistants empower the mobile workforce through more
efficient communication and easy access to information. Uniquely
packaged services are available for individual subscribers,
businesses and telecom carriers. What's more, SpeechPhone offers
the most compelling value and cost effective solutions in the
communications industry. The average user today has 3 phone numbers
to give out, 3 voice mail boxes to check, multiple e-mail accounts
and the choice of other communication tools like pagers, mobile
phones and even text messaging. The technological choices are great
but the use of multiple devices and multiple service providers has
created the demand for simplicity. That's what a SpeechPhone
assistant brings. SpeechPhone assigns a single personal phone
number that links all your existing phone numbers and messaging
solutions into one simple to use interface, driven by the users
voice. Add speech to your phone(TM) and the rest is available
simply for the asking. SpeechPhone service runs on dedicated Lucent
Speech Servers including robust Automatic Speech Recognition and
Text to Speech technology developed by Bell Laboratories. Lucent
Speech Servers are NEBS compliant, fully redundant carrier grade
platforms which have already been proven by processing over 1
million consecutive calls at a rate of approximately 7 calls per
second. Built to meet carriers stringent requirements for
reliability, open standards, scalability and interoperability, the
SpeechPhone platform is a complete solution for outsourced enhanced
speech services. About the Company: We are an authorized
distributor of The Edge. The Edge is a robust, handheld wireless
internet access device which delivers the internet at DSL like
speed, displaying full content HTML, web pages, graphics and java
script. The Edge offers a full desktop web experience, together
with a larger functional keyboard than competitive products. Our
distribution rights to such product are subject to a long-term
marketing, sales and distribution agreement between a Company
subsidiary and the licensor of such product, pursuant to which we
have been granted such rights in several exclusive vertical
markets, virtually worldwide, including: (i) fantasy sports and
sports book; (ii) online poker; (iii) music, movies and television;
and (iv) financial services markets. Ongoing exclusivity for such
markets is, generally, subject to the payment to the licensor of
certain fees, including delineated monthly service fees per
subscriber, and, meeting delineated minimal annual subscriber
thresholds. The Company's executive office facility is located at
950 North Federal Highway, Suite 302, Pompano Beach, Florida 33062.
Its telephone number is 866-439-EDGE (3343) and its website address
is www.edgetechpc.com. The Company also maintains a West Coast
operations office facility at 9701 Wilshire Boulevard, 10th floor,
Beverly Hills, California 90212. Its telephone number is
310-860-6150. Except for historical information, the matters
discussed in this press release are "forward looking statements"
within the meaning of and which are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Such forward looking statements are subject to risks and
uncertainties that could cause actual results to be materially
different from historical results or from any results expressed or
implied by such forward looking statements. Any forward looking
statements speak only as of the date on which such statement is
made, are not guarantees of future performance, and involve certain
risks, uncertainties and assumptions that are difficult to predict.
Therefore, actual outcomes and results may differ materially from
what is expressed or forecast in such forward looking statements,
whether as result of new information, future events or otherwise.
Factors that could cause such results to differ materially from the
results discussed in such forward looking statements include,
without limitation: uncertain continued ability to meet our
operational needs in view of ongoing working capital constraints;
need for substantial additional capital to fully implement our plan
of operations; no assurances of and uncertainty of profitability,
no assurances of the Company's ability to effect sufficient product
sales so as to maintain exclusivity in certain vertical markets,
the result of which could materially adversely effect the Company's
results of operations; need for additional management, sales and
marketing personnel, which is contingent upon our receipt of
additional capital; competition from companies having substantially
great financial, marketing and other resources than the Company,
including name and brand recognition; the impact of competitive
services and pricing; changing consumer tastes and trends; and the
legal, auditing and administrative cost of compliance associated
with the Sarbanes Oxley Act. Many of such risk factors are beyond
the Company's control. New factors emerge from time to time and it
is not possible for management to predict all of such factors, nor
can it assess the impact of each such factor on the business of the
Company or the extent to which any factor, or combination of
factors may cause actual results to differ materially from those
contained in any forward looking statements. In light of these
risks and uncertainties, there can be no assurance that the results
anticipated in these forward looking statements will in fact occur.
The Company undertakes no obligation to update any such forward
looking statements.
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