Voxware Reports Q4 Revenue up 41%
September 28, 2007
Software License Revenue Increases 130%
“The marketplace is voting in favor of open, SOA-based software products like our Voxware 3.0 offering, and the demand for voice-based warehousing operations continues to increase. Voxware has led the market in the software-centric, standards-based approach to voice solutions, which is why an increasing number of large enterprises are turning to Voxware for their voice software.”
<typohead type="1" align="left">About Voxware </typohead>
<typohead type="1" align="left">Voxware, Inc. (Nasdaq: VOXW) provides open, standards-based software for speech-based logistics that optimize the full spectrum of warehouse operations for greater accuracy, productivity and flexibility in supply chain execution. Voxware’s corporate headquarters are in Lawrenceville, New Jersey, with operating offices in Cambridge, Massachusetts, the United Kingdom, Belgium, France and Germany. Additional information about Voxware can be obtained on the Internet at www.voxware.com.</typohead>
<typohead type="1" align="left">For more information, please contact: </typohead>
<typohead type="1" align="left">Public Relations Contact:
PR@voxware.com</typohead>
<typohead type="1" align="left">Investor Relations Contact:
IR@voxware.com</typohead>
<typohead type="1" align="left"></typohead>
<typohead type="1" align="left" class="Sub-titlePressRelease">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.</typohead>