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HAMILTON, N.J.--([ BUSINESS WIRE ])--Voxware, Inc. (NASDAQ: VOXW), a leading supplier of software for voice-driven warehousing operations, today announced that the New Jersey Technology Council (NJTC) has named Voxware the 2008 winner of the IT / Software Company of the Year Award. The award points to Voxware's consistent growth as the industry shifts toward standards-based, open software voice solutions.
Key considerations for candidate New Jersey technology companies are the impact on their industry, growth rate in relation to competitors, contribution to industry standards, and success in the marketplace. "We are pleased to honor the best of the breed and are happy to say that we had so many wonderful companies to choose from this year for our 2008 Gala Awards. New Jersey continues to excel in supporting the best companies in the country and Voxware is one of the finest examples of exactly that. Voxware is a company driven to succeed, powered by innovation and a great team," commented Bari Siegel, Director of Communications for NJTC. "Their solid growth combined with an industry thought leadership position made them a leading candidate for the award."
"We are thrilled to receive this recognition because it not only reflects the impact we have made across the warehousing and supply chain logistics space, it also recognizes that software is the real core of our business," said Scott Yetter, CEO of Voxware. "The adoption of voice software is a significant trend in modern warehouses because it increases efficiency and accuracy while increasing workforce safety and employee retention. This award demonstrates that voice software is gaining momentum and is a growing influence in modern distribution operations."
Voxware's voice software utilizes a Service Oriented Architecture (SOA) that affords customers increased flexibility and ease of integration. Voxware's 100% SOA-based software is quicker to deploy and easier to maintain than alternative solutions, which enables Voxware's customers to dramatically reduce the total cost of ownership of their voice solution.
The NJTC provides business support, networking opportunities, information, advocacy and recognition of technology companies and their leaders. Founded in 1996, NJTC's more than 1,200 companies work together to support their own enterprises while advancing New Jersey's status as a leading technology center in the U.S.
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, Belgium and France. Additional information about Voxware can be obtained at [ www.voxware.com ].
For Additional Information:
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; the pending 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 results.