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One Voice Technologies: One Voice Technologies Announces Completion of Reverse Stock Split and New Trading Symbol

^{Published on 2009-06-16 09:30:04, Last Modified on 2009-06-16 09:30:43 - Market Wire}
 

LA JOLLA, CA--(Marketwire - June 16, 2009) - One Voice Technologies, Inc. (OTCBB: [ OVOE ]), formerly (OTCBB: [ ONEV ]), developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets, today announced the completion of the 1-for-20 reverse split of its common stock as approved by a majority vote of the Company's stockholders on May 22, 2009. The reverse stock split will be effective at the market open today, June 16, 2009 at which time the shares will begin trading on a split adjusted basis under the new symbol OVOE.

As a result of the reverse stock split, stockholders will receive one new share of common stock for every twenty shares. Registered holders will receive a letter of transmittal shortly after the effective date with instructions for the exchange of stock certificates. Stockholders with shares in brokerage accounts will be contacted by their brokers with instructions.

Fractional or partial shares will not be issued and instead will be rounded up to the nearest whole number of shares. Stockholders with shares held in brokerage accounts are encouraged to contact their brokers with any questions.

About One Voice Technologies, Inc.

One Voice Technologies, Inc. (OTCBB: [ OVOE ]) is the world's first developer of 4th Generation voice solutions for the Telecom and Interactive Multimedia markets. Our Intelligent Voice™ solutions employ revolutionary, patented technology that allows people to send messages (E-mail, SMS, Instant Messaging and paging), purchase products, get information and control devices -- all by using their voice. The company is headquartered in La Jolla, California. For more information, please visit [ http://www.onev.com ]

FORWARD-LOOKING STATEMENT DISCLAIMER

Some of the statements made in this press release discuss future events and developments, including our future business strategy and our ability to generate revenue, income and cash flow, and should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These "forward-looking" statements can generally be identified by words such as "expect," "anticipate," "believe," "estimate," "intend," "plan," and similar expressions. These statements involve a high degree of risk and uncertainty that exists in the Company's operations and business environment and are subject to change based on various factors that could cause actual Company results, performance, plans, goals and objectives to differ materially from those contemplated or implied in these forward-looking statements. Actual results may be different from anticipated results for a number of reasons, including the Company's new and uncertain business model, uncertainty regarding acceptance of the Company's products and services and the Company's limited operating history.