Turin, June 7th, 2005

Voiceweb, Greece’s premier speech technology integrator and application provider has supported the Pythia Consortium to develop a Taxi Dispatching System leveraging Loquendo’s VoxNauta™ Platform.

The Pythia taxi dispatching system enables customers to book a taxi over the phone in a matter of seconds. The dispatching system is fully automated and requires no human operator intervention. With the new service, calls will be served in less that 50 seconds, compared to the current 15 minutes waiting time. The percentage of missed calls, as high as 25% during peak hours, will drop dramatically, resulting in a significant revenue increase for taxi companies. The Pythia TAXI dispatching system comes with a variety of additional features, such as distress call, where the call center is alerted and notified of the taxi’s exact position in case drivers are in danger, location-based commercial notifications, to name but a few.

VoiceWeb provided Pythia Consortium with the VoxNauta Platform, on which the automated speech service was developed. VoxNauta is Loquendo’s open, multi-lingual interactive voice application platform, which provides powerful competitive advantage by extending web services and content to the telephony world whilst building expansive reach and customer loyalty. Voiceweb also provided the consortium with valuable support and expertise, instrumental in the development of the Pythia taxi dispatching system. Dr. Nikos Patsis, CEO of VoiceWeb said: “VoiceWeb, always aiming at offering best-of-breed solutions to its clients, provided its expertise & technical support to the Pythia consortium which allowed them to develop a technically innovative & commercially viable solution”.

Mr. Stelios Mavromichalis, the Pythia taxi dispatching system project leader, said: “After long evaluation of the best products in the field we chose Loquendo's VoxNauta Platform for its technical superiority, stability and most importantly technical support. VoiceWeb is a valuable solution provider for this platform with considerable experience and value added support services. Just the right combination to rely on”.

Mr. Marco Romagnoli, CEO of Loquendo said: “We are delighted with VoiceWeb’s achievements, which leverage the power of Loquendo’s best-in-breed technologies to provide high-quality solutions. VoiceWeb is playing an essential role in asserting Loquendo’s strong positioning on the Greek market”.

About Pythia consortium
Pithia consortium consists of three companies settled in the Science and Technology Park of Crete. Infocharta Ltd is specialized in the digital maps development and GIS applications. It is the company developed the driveme.gr city guide. Palmera Ltd deals with vehicle tracking and has installed the ambulance tracking system in Heraklio, Crete. Cytech Ltd is specialized in mobile application and information systems development. Cytech has already developed SMS Platform and SMS Gateway, for the implementation of mobile marketing campaigns.

Infocharta Ltd: www.infocharta.gr
Palmera Ltd: www.palmera.gr
Cytech Ltd: www.cytech.gr

About VoiceWeb SA
VoiceWeb is the premier Speech technology integrator and speech application service provider. From its headquarters in Athens, VoiceWeb develops and hosts highly performing solutions for large private sector enterprises (such as Vodafone, TIM, Q-Telecom, Village Roadshow, Delta Singular, etc) and for key public sector authorities (such as the Ministry of Economy & Finance, Ministry of Employment, etc). In parallel to the development and hosting of speech applications, VoiceWeb is a reseller of speech technologies for the Greek Market.
The company was founded in 2001 and has received funding from the SETE Ventures VC, Geneva.

For more information, please visit www.voiceweb.gr.

About Loquendo - Vocal Technology and Services
With over 30 years of R&D expertise, Loquendo is at the forefront of the global speech technologies market. Its high-quality, high-performance technologies (Loquendo TTS - text to speech, Loquendo ASR - automatic speech recognition, Loquendo Speech Server, Loquendo Speaker Verification) and platforms guarantee systems integrators the best solutions in 16 languages and 36 voices - with more coming soon.
From its headquarters in Turin, Italy, Loquendo deploys technologies that power millions of calls every day in the telecommunications and enterprise markets throughout the world.

For more information, visit www.loquendo.com.