Wednesday, December 05, 2001
OKAMLogic awarded second investment from Aliant Telecom Wireless R&D Fund
Halifax, NS – Dec. 4, 2001 –
OKAMLogic Inc., a Halifax-based developer of speech- enabled wireless applications for the mobile workforce, announced today it has received a second investment from Aliant Telecom’s Wireless R&D Fund, which will allow the company to further develop and commercialize its WireFree Voice Commerce Gateway. The Aliant Telecom initiative provides investment in wireless research and development projects to stimulate and develop commercial wireless communications applications.
“This second investment from Aliant Telecom is a key endorsement of our management team, our technology and the value that our solutions deliver,” said Scott Thomas, president and CEO of OKAMLogic. “Our speech recognition technology is a key factor in accessing wireless based applications. We look forward to our continued relationship with Aliant Telecom and being able to keep our products and technologies on the leading edge, while delivering value to our customers.”
OKAMLogic’s WireFree Voice Commerce Gateway utilizes existing wireless networks to provide easy, safe, hands-free, remote and secure access to enterprise systems from any phone. This platform provides a core, scaleable, voice-enabled service delivery platform for deployment of voice applications across multiple industry verticals.
“We believe the innovative, leading-edge speech recognition products developed by OKAMLogic have strong export potential,” said Frank Fagan, president of Aliant Telecom Wireless. “Speech recognition represents an attractive value proposition - there are no new devices, network access requirements, special training or need for radical change in end users’ behavior in order to gain value from OKAMLogic’s solutions.”
About OKAMLogic Inc.
Founded in August 2000 in Halifax, Nova Scotia, OKAMLogic is a developer of speech-enabled wireless applications for the mobile workforce. The convergence of wireless, voice recognition and advanced networking technologies has resulted in a high growth market for wireless speech-enabled solutions. Capitalizing on this market, OKAMLogic is developing products and services to enable businesses, customers and employees to access and transact critical business information form any phone, anytime, anywhere using simple voice commands. Targeting the energy and utilities, telecommunications, transportation, and distribution and logistics industries, OKAMLogic lets clients leverage existing infrastructure resulting in cost-effective, productive, safe and efficient solutions. For more information, please visit www.okamlogic.com
About Aliant Telecom
Aliant Telecom is a member of the Aliant Inc. group of companies. The Aliant group of advanced technology companies and its staff of 10,000 professionals deliver full-service, integrated solutions through its core lines of business: wireline and wireless telecommunications, information technology, remote communications services, and Internet-based business solutions. From its base in Canada, Aliant serves North American and International customers. For more information, visit Aliant at www.aliant.ca.
For further information, contact:
Scott Thomas, P.Eng.
President & CEO, OKAMLogic Inc.
Public Affairs Manager
1-866-739-9011 (toll free)
(902) 497-9913 (cell)