Sales of Fonix Text-to-Speech Solution for Electronic Dictionaries Exceeding Company Forecasts; Handheld Dictionary Devices Hot Sellers in Asian Market
WEDNESDAY, APRIL 26, 2006 9:00 AM
- BusinessWire
FNIX
0.0128 +0.003
Enter Symbol:
Enter Keyword:
SALT LAKE CITY, Apr 26, 2006 (BUSINESS WIRE) -- Fonix Speech Inc., a wholly owned subsidiary of Fonix Corp. (FNIX) specializing in embedded speech interfaces for mobile devices, handheld electronic products, and systems and processors, announces royalty sales in Asia from Fonix speech solutions for electronic dictionaries exceeded the company's original forecasts.
Casio Computer Co. Ltd. manufactures and markets a line of electronic dictionaries in Asia that feature Fonix text-to-speech (TTS). Market reaction in the region for handheld dictionaries has exceeded expectations; increased sales can be attributed to additional device models in Japan and the introduction of three new models in Korea. Fonix anticipates supplying more than two million TTS solutions to Casio in 2006. The company receives unit royalties from each device sold.
"Casio has ramped up sales and marketing efforts of its electronic dictionaries to meet increased demand in Japan and Korea," said Walt Nawrocki, senior VP and GM, Fonix Speech. "Fonix is more than pleased to continue to supply our TTS solution for handheld 'talking' dictionaries, a market niche that now provides a significant percentage of Fonix Speech revenue. If trends persist, we anticipate continued success in the region and the opening of new markets around the world."
|
Thread abonnieren
