Voxware Announces Winners Of 2008 Velocity Achievement Awards
October 08, 2008
Hamilton, NJ – October 8, 2008 – Voxware, Inc. (NASDAQ: VOXW), a leading supplier of software for voice-driven warehousing operations, today announced that it is awarding four customers with the Voxware Velocity Achievement Award at its Annual User Conference from October 8-10, 2008 in Orlando. The awards are being given to customers that have exemplified significant benefits using Voxware’s voice solution in four categories: Productivity, Accuracy, Innovation and Operational Excellence.
Each winner had to demonstrate they have surpassed goals with voice, maintained established productivity and accuracy levels, continued to increase goals and have implemented steps to track and measure performance. The winning companies will receive a crystal award and a donation to the charity of their choice in the name of the organization. The winners in each category are:
Productivity Award – U.S. Food Service: For increasing productivity rates to the point where more associates are getting recognized for performing at high levels.
Accuracy Award – Elsevier, Inc.: For dramatically reducing the amount of picking errors, improving efficiencies throughout the warehouse and increasing accuracy rates by 4.5 percent.
Innovation Award – Mohawk Industries: For using voice outside of just traditional voice picking and combining different technologies to streamline their processes.
Operational Excellence Award – Performance Food Group: For improving the overall operational performance of their warehouses, from increased productivity and accuracy rates to better customer satisfaction.
“Voxware is setting the standard for open, standards-based voice solutions that improve operational efficiency and positively impact bottom-lines,” said Scott Yetter, CEO, Voxware. “We are thrilled our customers are realizing such great results throughout their organizations because of our voice solutions. This year’s attendance is our best yet and is a reflection of our record breaking year of profitability. These awards prove that voice is a viable solution for the modern warehouse and it will continue to gain momentum and optimize additional warehouse processes moving forward.”
Velocity 2008, Voxware’s Annual User Conference, gives customers to the opportunity to meet and exchange ideas with fellow customers, Voxware partners and Voxware senior management. It provides a forum where customers can learn how to get the most out of their operations by better leveraging current voice-based warehousing solutions and discover how to further optimize warehouse processes.
About Voxware
Voxware, Inc. (NASDAQ: VOXW), provides voice-driven software products that optimize the full spectrum of warehouse operations for greater accuracy, productivity and flexibility in supply chain execution. Voxware’s corporate headquarters are in Hamilton, New Jersey, with operating offices in Cambridge, Massachusetts, the United Kingdom, Belgium and France. Additional information about Voxware can be obtained at www.voxware.com.
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For Additional Information:
Voxware
Public Relations Contact:
Meredith Joseph
mjoseph@braithwaitepr.com
215-564-3200 ext. 119
Investor Relations Contact:
William Levering
IR@voxware.com
609-514-4100
Product/Sales Inquiries:
marketing@voxware.com
609-514-4100 ext. 4122
This news release contains forward-looking statements. Such statements are subject to certain factors that may cause Voxware’s plans to differ or results to vary from those expected including the risks associated with Voxware’s need to introduce new and enhanced products and services in order to increase market penetration and the risk of obsolescence of its products and services due to technological change; Voxware’s need to attract and retain key management and other personnel with experience in providing integrated voice-based solutions for e-logistics, specializing in the supply chain sector; the potential for substantial fluctuations in Voxware’s results of operations; competition from others; Voxware’s evolving distribution strategy and dependence on its distribution channels; the potential that speech products will not be widely accepted; Voxware’s need for additional capital; the pending Nasdaq delisting proceedings; and a variety of risks set forth from time to time in Voxware’s filings with the Securities and Exchange Commission. Voxware undertakes no obligation to publicly release results of any of these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unexpected results.
