AllVoice and IBM Enter into a License Agreement

NEWTON ABBOT, England - AllVoice Computing PLC and IBM Corporation have entered into a licence agreement with regard to certain voice recognition software. Under the terms of the deal, IBM has acquired for an undisclosed sum a world-wide non-exclusive licence to all of AllVoice's voice recognition software patents. John Mitchell, Managing Director of AllVoice, said "I am delighted to have concluded this deal and to have obtained this further recognition for AllVoice's contribution to this exciting field". AllVoice was awarded the CBI award for technical innovation for its voice recognition products in 1996.