January
23, 2001
CONTACTS:
Lou Saviano
Maita/Saviano Public Relations
510 739-0621
Lsaviano@maita-saviano.com
Laurie Spoon
Public Relations - Selectica
408-545-2492
lsoppn@selectica.com
InternetSpeech
Announces Partnership with Selectica to Voice Enable E-Commerce Web Sites
San Jose, CA -- January 23, 2001 -- InternetSpeech, a leading audio Internet Service
Provider, today announced a partnership with Selectica™, Inc., provider of Internet
Selling Systems (ISS) for e-Businesses, so that customers may take advantage of
voice enabled e-commerce Web sites using any telephone.
By
accessing e-Commerce sites powered by Selectica and InternetSpeech over the telephone,
users will be able to hear options, make choices and buy products using speech
recognition technology.
Customers can shop online using Web sites powered by Selectica's ISS and InternetSpeech's
netECHO technology. For example:
-
Customers can shop for a car -- choose a model, select a color and trim, and decide
on extra options -- and receive an MSRP quote.
-
Small business owners can assess their insurance needs, review the options available,
apply for quotes, and select a policy by phone.
-
Office managers can research a company's networking offerings, based on their
business needs, and purchase the product using voice commands.
"This
partnership will make e-Business applications even easier, allowing customers
who prefer to use the phone a simple and easy way to conduct 'on-line' transactions,"
said Dr. Emdad Khan, president and CEO of San Jose-based InternetSpeech. "We expect
Internet voice applications to increase dramatically over the next few years as
e-Commerce sites look to expand their customer base and offer simple and easy
ways to gather information and conduct transactions."
"Voice
access to Web sites holds tremendous potential to take e-Commerce to a new level,"
said Dr. Sanjay Mittal, vice president of engineering and CTO of Selectica.
About
netECHO:
netECHO
automates the process of voice-enabling Web pages without the manual, costly and
time consuming process of rewriting them into Voice Extensible Mark-up Language.
It integrates text-to-speech, speech recognition, telephone interface, multimedia
and intelligent agents to read pages in real-time.
About
InternetSpeech:
InternetSpeech,
a privately held company headquartered in San Jose, Calif., develops, markets
and supports an Audio Internet Browser, netECHO, which provides audio-based telephone
access to the Internet for businesses and individuals. The company's patent-pending
technology can be bundled with other products, such as traditional computer-based
Internet access, or voice mail, and can be customized to meet individual business
needs, such as employee access to Intranet sites. InternetSpeech also offers business
software that automates the process of voice-enabling a company's Web site, furthering
development of the "voice Web."
InternetSpeech
launched its netECHO consumer product nationwide in November 2000. For more information
about InternetSpeech, visit www.InternetSpeech.com,
or call 1-408-360-7730.
About
Selectica Inc.:
Selectica,
Inc. (Nasdaq: SLTC) provides an e-Business platform that effectively transforms
the way companies sell, service and compete. Selectica's ISS, a comprehensive,
Internet-architected application suite, accelerates the process of selecting,
configuring, pricing, and purchasing complex products and services. Selectica's
ISS increases productivity across all sales channels by improving every step of
the sales process - from needs analysis and product configuration to order capture
and renewals. Selectica's customers include industry leaders such as BMW, Cisco
Systems, Dell Computer, Hewlett-Packard, Highmark Blue Cross Blue Shield, Juniper
Networks, and Rockwell Automation. Selectica is headquartered in San Jose, Calif.
The company's Web site is located at www.selectica.com.
The
statements contained in this release that are not purely historical are forward-looking
statements within the meaning of Section 21E of the Securities and Exchange Act
of 1934, including statements regarding Selectica's expectations, beliefs, hopes,
intentions or strategies regarding the future. All forward-looking statements
included in this document are based upon information available to Selectica as
of the date hereof, and Selectica assumes no obligation to update any such forward-looking
statement. Actual results could differ materially from current expectations. Factors
that could cause or contribute to such differences include, but are not limited
to, the factors and risks discussed in Selectica's Registration Statement on Form
S-1, as amended, and filed with the Securities and Exchange Commission.
# # #
Selectica
is a trademark of Selectica, Inc. All other product and company names may be trademarks
of the companies with which they are associated.
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