NEW YORK, Oct. 25 -- Voice Signal Technologies, Inc., a leading developer of embedded speech technology, and Hasbro, Inc., announced today an agreement that would provide Hasbro with the ability to develop new speech-enabled products using Voice Signal's speech recognition technology. The first products to employ this technology under the new agreement are expected to be available in late Fall, 2002. This relationship expands upon an existing agreement between Voice Signal and Hasbro's Tiger Electronics.
"Voice Signal's technology makes it easy for us to add speech recognition capabilities to our products" said Hasbro General Manager of Research and Development Steve D'Aguanno. "With Voice Signal, we will be able to speech enable certain toys and games, making those products more interactive and fun for our customers."
"Voice Signal is dedicated to developing state-of-the-art speech recognition technology that makes mainstream consumer electronics easier and more fun to use," said Dan Roth, CEO of Voice Signal. "We are delighted that Hasbro, one of the largest toy and game companies in the world, has chose to expand its license agreement with Voice Signal, and we look forward to working with Hasbro to speech enable innovative new toys and games."
About Hasbro, Inc.
Hasbro (NYSE: HAS) is a worldwide leader in children's and family leisure time entertainment products and services, including the design, manufacture and marketing of games and toys ranging from traditional to high tech. Both internationally and in the U.S., its PLAYSKOOL, TONKA, MILTON BRADLEY, PARKER BROTHERS, TIGER, and WIZARDS OF THE COAST brands and products provide the highest quality and most recognizable play experiences in the world. More information is available at: www.hasbro.com.
About Voice Signal Technologies, Inc.
Established in 1995, Voice Signal Technologies, Inc., is a privately held company based in Woburn, Massachusetts. The company specializes in delivering state-of-the art speech interface solutions for embedded devices, such as toys, entertainment products, mobile phones, and other embedded electronic devices. More information is available at: www.voicesignal.com.
