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StreamWIDE To Distribute Ditech Networks’ PhoneTag Voicemail-to-Text To Differentiate Their StreamWIDE Messaging Product Line

Ditech Networks (Nasdaq: DITC), a leading provider of advanced voice processing solutions, today announced a partnership with StreamWIDE whereby together the companies can offer service providers a compelling voice messaging experience that includes voice-to-text services. Voice-to-text allows service providers to expand their value added services offering and increase revenues. Together, StreamWIDE and Ditech can offer a fully cloud-based solution for voice-to-text services, thereby allowing service providers to launch voicemail to text services more quickly and at lower costs.

“Ditech’s PhoneTag voicemail-to-text service nicely complements StreamWIDE’s messaging offering,” said Pascal Beglin, StreamWIDE CEO. “Further, PhoneTag’s multiple language support allows us to support our customers in North and South American as well as European markets.”

StreamWIDE’s voice messaging solutions enable carriers to launch compelling new value-added services including voicemail, visual voicemail, voice-SMS, and integration with social networks. PhoneTag’s voice-to-text capabilities complement the StreamWIDE offering by converting audio accurately into text.

“StreamWIDE is at the forefront of developing cutting edge messaging products for service providers,” said Ken Naumann, CEO of Ditech Networks, “and we are thrilled to be StreamWIDE’s partner in expanding their messaging offering to cover voice-to-text services.”

Both Ditech Networks and StreamWIDE will have a presence at Mobile World Congress in Barcelona on February 27, 2012 - March 1, 2012. For more information, please visit the Ditech stand in Hall 1 at 1E52 or StreamWIDE’s booth in Hall 2 at 2H50.

About Ditech Networks

Ditech Networks provides advanced voice processing solutions that perform tasks spanning from voice-enabled Web 2.0 and unified communications services to voice quality enhancement. Ditech believes in the power and simplicity of human speech; its solutions deliver high-quality voice communication and it is currently developing compelling voice capabilities to new communications methods like social networking and text messaging, allowing consumers to use voice in ways that make sense in today's Web 2.0-savvy world.

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