One Voice and Tata Consultancy Services Sign Agreement to Deploy MobileVoice Services in India and Throughout Asia
LA JOLLA, CA--July 31, 2006--One Voice Technologies, Inc. (OTCBB: ONEV), developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets, today announced that Tata Consultancy Services (TCS) (BSE: TCS.BO, NSE: TCS.NI), a leading global IT services and consulting firm with more than 70,000 employees in 34 countries, has signed a multi-year agreement to host and develop solutions around One Voice's MobileVoice™ services in India and throughout Asia. One Voice’s MobileVoice service includes Voice-Dialing, Group Conference Calling, Reading and Sending E-mail and Voice-to-Text SMS Messaging, all powered by One Voice's patented voice technology.
Under the terms of the agreement, One Voice and TCS will jointly make telecom solutions – initially developed by One Voice and tuned by TCS, using proprietary TCS technologies and solutions. TCS will host One Voice’s MobileVoice service in India, and both companies will sell MobileVoice, along with additional mobile services to be developed for carrier customers, throughout India and the rest of Asia. TCS will invest in data center hosting, equipment, localization and resources to market these services, while One Voice will provide the base MobileVoice technology that will be localized by TCS for Indian language speakers.
"Our agreement with Tata Consultancy Services will enable One Voice to effectively reach carrier customers throughout India and the rest of Asia. The Tata name is highly regarded globally, especially throughout these regions for their outstanding quality and excellence as a global company," said Dean Weber, president and CEO of One Voice Technologies. "Over the past several years, we have been working with Tata Infotech who has considerable expertise and years of experience in the speech area to tune our MobileVoice service for Indian English speaking mobile phone users. The merger of Tata Infotech and TCS is very positive for our company and enhances our ability to work with the Telecom Practice in TCS to offer our services to their carrier customers. TCS will provide and integrate its own proprietary speech technologies with One Voice’s MobileVoice services technology. This agreement is a first step in getting our MobileVoice services up and running in India."
"The Indian market for mobile voice services has exploded to more than 100 million today from 5 million in 2001 and will continue to grow at a phenomenal pace, as consumers want easier, faster and natural access to e-mails and other information while on the move. With increasing penetration of mobile devices, it is a win-win situation for both TCS and One Voice to customize and deliver such value-added services to telecom operators globally," said N. Sivasamban, global head, Telecom Practice, Tata Consultancy Services.
About TCS’ Telecom Practice
TCS' Telecom practice provides business solutions to the global telecommunications players. TCS offers comprehensive solutions and services for Enterprises, Equipment Vendors and Service Providers. These offerings include a wide range of solutions that encompass strategic business and technology consultancy, infrastructure management, product engineering, systems integration and business process outsourcing.
The Telecom Industry Practice is the third-largest vertical for TCS, contributing 16.5% ($490 million) of total revenues annually. With a dedicated pool of more than 7,500 professionals, and an accumulated experience of 30,000 person years, and ongoing associations with world-class telecom service providers and equipment manufacturers, TCS have acquired unparalleled understanding of the telecom domain.
About Tata Consultancy Services Ltd (TCS)
Tata Consultancy Services Limited (TCS) is the world leading information technology consulting, services, business process outsourcing and engineering services organization that envisioned and pioneered the adoption of the flexible global business practices that today enable companies to operate more efficiently and produce more value. TCS achieved this by creating and perfecting a unique method of global deployment and delivery of high quality, high value services and products in IT consulting and business process outsourcing. Known as the “Global Delivery Model,” this strategic services delivery concept has reshaped the IT services industry.
More than 95% of TCS customers reward the company’s reliability, passion, creativity, and unique ability to handle the broadest range of their IT needs by continually extending and deepening their partnerships with TCS. With over 70,000 of the world’s best trained IT consultants located in 34 countries, TCS is uniquely positioned to deliver its flexible world class services seamlessly to any location. TCS reported consolidated revenues of $2.97 billion (U.S.) in the fiscal year 2005-2006. The company is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information: www.tcs.com.
About One Voice Technologies, Inc.
One Voice Technologies, Inc. (OTCBB: ONEV) is the world's first developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets. Our Intelligent Voice™ solutions employ revolutionary, patented technology that allows people to send messages (E-mail, SMS, Instant Messaging and paging), purchase products, get information and control devices - all by using their voice. The company is headquartered in La Jolla, California. For more information, please visit www.onev.com.