Turin, February 28th 2008

The 2008 Frost & Sullivan European Telematics and Infotainment Emerging Company of the Year Award was conferred to Loquendo for its excellence in "new market penetration, strategy innovation, technological innovation and leadership, revenue and market share growth".

Loquendo, global speech technology provider, will be presented with Frost & Sullivan's prestigious award for "the company that has emerged as a significant participant within its industry" at the awards ceremony in Munich to be held in July of this year.

The Frost & Sullivan award recognizes that Loquendo has successfully transitioned its products from the telephony space into other new markets, thanks to the scaling down of its speech engines into the embedded space, and has positioned itself as leader in the car navigation and portable navigation device market in Europe.

"With over 30 years of experience in speech and core expertise in this sector, Loquendo has managed to introduce many innovative ASR and TTS solutions, which have enabled the company to gain a market leading position amongst ASR and TTS suppliers in the PND market. The key to Loquendo's success in the European market has been its ability to scale down the speech engines used for telephony applications in the embedded space and also add innovations like phonetic mapping and emotional synthetic speech. This has enabled it to grow into both the PND and car navigation markets," explains Frost & Sullivan Research Analyst N. Praveen Chandrasekar, Industry Manager, Telematics and Infotainment, Automotive & Transportation, EU.

"We are very pleased to receive this award," said Davide Franco, Loquendo CEO. "It is a clear signal that Loquendo's strategy to port its technologies to new markets has been a great success, and a confirmation that the excellence and innovation of our products has been recognised worldwide."

Award Description
The Frost & Sullivan Award for Emerging Company of the Year is presented each year to the company that has emerged as a significant participant within its industry. This company is perceived to have exhibited outstanding management, superior market growth, exceptional customer service and the ability to combine technology and successful strategic initiatives. This company has the exceptional know-how to take advantage of market changes through the execution of innovative strategies within the existing competitive landscape.

About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

For more information, visit www.frost.com.

About Loquendo - Vocal Technology and Services
With over 30 years experience in speech technology, Loquendo is at the forefront of the global speech market. Loquendo TTS, Loquendo ASR, Loquendo Speaker Verification and Loquendo VoxNauta are high-quality, high-performance technologies that guarantee systems integrators the best solutions in 23 languages with 54 voices.

Loquendo is the only speech technology vendor that provides a complete product line for navigation and handheld devices, desktop PCs and telephony servers, guaranteeing the same portfolio of languages and the same core engine in all these environments.

Many enterprises and carriers worldwide have recognized the Loquendo difference, advanced technologies that power millions of calls every day in telecommunications and enterprise markets across the globe.

Loquendo is a Telecom Italia company headquartered in Turin, Italy, with offices in the US, Spain, Germany and France, and a worldwide network of partners. For more information about Loquendo, and to hear demos of all the Loquendo voices, go to www.loquendo.com.