This news release contains forward-looking statements. Such statements are subject to certain factors that may cause Voxware’s plans to differ or results to vary from those expected including the risks associated with Voxware’s need to introduce new and enhanced products and services in order to increase market penetration and the risk of obsolescence of its products and services due to technological change; Voxware’s need to attract and retain key management and other personnel with experience in providing integrated voice-based solutions for e-logistics, specializing in the supply chain sector; the potential for substantial fluctuations in Voxware’s results of operations; competition from others; Voxware’s evolving distribution strategy and dependence on its distribution channels; the potential that speech products will not be widely accepted; Voxware’s need for additional capital and its ability to raise such capital on terms acceptable to Voxware; the potential for Nasdaq delisting proceedings; and a variety of risks set forth from time to time in Voxware’s filings with the Securities and Exchange Commission. Voxware undertakes no obligation to publicly release results of any of these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unexpected result.
Voxware, Inc. (Nasdaq: VOXW), a leading supplier of software for voice picking and other warehouse operations, announced that version 4.0 of its Voxware 3 product is now available. Version 4.0 of Voxware 3 includes a significant expansion of the Enterprise Voice Manager, which is part of the Voxware Adaptive Voice Framework. The enhancements enable customers to deploy and manage voice picking applications from a single instance of software in a central data center, across many warehouses, even when warehouse layouts vary and voice workflows differ in each facility. “Software architecture should not dictate a centralized or decentralized deployment approach,” said Scott Yetter, Voxware CEO. “We developed the Enterprise Voice Manager so our customers can implement voice picking software that reflects current IT standards and significantly reduces the total cost of ownership for deploying voice solutions in the warehouse.” “We have many large customers already using the centralized deployment approach to reduce costs while simplifying support. One customer, Performance Food Group, operates 18 warehouses across North America and over 600 concurrent pickers on one instance of Voxware 3 located in their Richmond, VA data center.” Even if customers decide to move back and forth between centralized and decentralized management of their voice solution, they can keep the same Voxware systems in place and such changes are transparent to the users. In addition to the Enterprise Voice Manager, version 4.0 also includes many functional enhancements to order picking, replenishment, and putaway applications. Also, support for additional devices from Intermec, LXE, and Motorola are delivered, providing customers with the widest range of mobile devices that support voice solutions in the warehouse. About Voxware Voxware, Inc. (NASDAQ: VOXW), provides voice-driven software products that optimize the full spectrum of warehouse operations for greater accuracy, productivity and flexibility in supply chain execution. Voxware’s corporate headquarters are in Hamilton, New Jersey, with operating offices in Cambridge, Massachusetts, the United Kingdom, and France.