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Stock Quote

Nov 8, 2001


Preferred Voice, Inc.
Bill Schereck
President / COO
(214) 265-9580

John Rafacz, or Sara Faiola
Faiola Davis Public Relations
Phone: (310) 248-5454 or

InternetSpeech Signs Agreement With Preferred Voice To Deliver Speech-Driven Email Manager To Telecom Carriers

New Service Will Allow Wireless And Wireline Users To Hear And Respond To Emails From Any Phone By Using Their Voice

DALLAS, TX. Nov. 08, 2001--Preferred Voice, Inc. (OTC BB: PFVI) said today that San Jose, CA. based, voice technology company InternetSpeech, Inc., has entered into a strategic alliance agreement for Preferred Voice to begin marketing a new email management service that enables users to send and receive personal emails by voice command from any phone in the US. The new service utilizes voice recognition technologies developed by both companies and will be delivered over Preferred Voice’s private SS7 VoIP network. The service will be available to both wireless and wireline carriers, as well as certain Enterprise distributors, as early as the first Quarter of 2002.

"We have selected InternetSpeech’s speech driven email manager simply because it not only works, but is so incredibly easy to use," stated Bill Schereck, Preferred Voice’s President and COO, "With this alliance we now feel confident that we can deliver the most user-friendly, inexpensive and marketable product to our carrier and Enterprise partners. We expect to roll out additional, enhanced versions of the netECHO technology, such as voice web access, weather, news and stock quotes, in different phases over the year."

InternetSpeech’s innovative netECHO service platform provides breakthrough technology by translating web-based information into text and reads the text to the caller using advanced test-to-speech technology. Now users will have the capabilities to listen to their personal emails and then send an email reply by speaking into their cell or any wireline phone. While InternetSpeech is a leader in the audio/voice ISP and Voice Internet technologies, Preferred Voice has a proven record in providing voice recognition services and technologies to the telecommunications industry. Preferred Voice currently distributes voice activated dialing services to both wireline and wireless carriers across the US.

InternetSpeech’s President, Emdad Khan, commented; "Our service is a perfect match for Preferred Voice’s offering in this market. Now wireless and wireline users can check their emails, send emails and make phone calls by simply speaking into their telephone. No need for expensive laptops, web-enabled phones or other PDA devices."

Additionally, InternetSpeech has signed a multi-year network services agreement with Preferred Voice’s Network Services Group for carrier provisioning, call management and service delivery to carriers via Preferred Voice’s private SS7 VoIP network. Preferred Voice’s Network Services Group provides numerous programs for third party application providers including service delivery to telecom carriers worldwide.

About InternetSpeech:
InternetSpeech, the leader in Voice Internet, develops and markets netECHO™, the only software available that provides businesses and consumers complete anytime, anywhere voice-based telephone access to the Internet. 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 and applications in any language, furthering the development of a globally connected voice Internet. InternetSpeech, a privately held company headquartered in San Jose, Calif., launched netECHO™ in November 2000. For more information about InternetSpeech, visit, or call 1-877-312-4638.

About Preferred Voice, Inc.:
Based in Dallas, TX, Preferred Voice, Inc. (OTC BB: PFVI) is a leading voice recognition technology company. Through its Carrier Services Group, Preferred Voice markets its products and services to wireless, ILEC and CLEC companies across the United States. These enhanced voice services include Safety Talk voice activated dialing, voicemail navigation, VAC voice accessed content, voice calling cards, BusinessConnect voice directory assistance and EmmaPR voice telephone receptionist. Preferred Voice’s Network Services Group provides carrier connectivity, call management, provisioning and service delivery solutions for carriers, voice portal providers, wireless application providers and other enhanced features providers. Preferred Voice has signed agreements with 43 telecom carriers. These telecom carriers serve more than 5.5 million subscriber lines in 35 states. For more information please visit, or call 1-800-390-6478.

This press release contains forward-looking statements. Since all statements about Preferred Voice's plans, estimates and expectations are based on current projections that involve risks and uncertainties, and are subject to change at any time, the Company's actual results may differ materially from expected results. Readers should consider these risks and uncertainties, which are discussed in documents filed by Preferred Voice, Inc., with the Securities and Exchange Commission. These documents identify important factors that could cause the actual results to differ materially from those contained in the forward-looking statements. Preferred Voice, Inc. expressly disclaims any obligation to update any forward-looking statements.


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