iVoice Announces Spin-off of its Wholly-Owned Subsidiary Trey Resources

MATAWAN, NJ - iVoice Inc. (OTCBB: IVOC) announced that it has spun off its wholly-owned subsidiary, Trey Resources Inc. iVoice will distribute the shares it owns in Trey to its shareholders and Trey will operate as a stand-alone public company.


According to iVoice, each iVoice shareholder as of February 9, 2004 will receive one (1) share of Trey for every 1,793 shares they own of iVoice. iVoice shareholders can expect to receive their Trey shares in the next several days. Trey is engaged in the development of automatic appointment reminder technology and has a $10 million financing commitment to expand its business and to acquire other operating entities.

Trey has filed the appropriate paperwork with the NASD to begin trading on the OTC Bulletin Board.  The proposed trading symbol is "TREY." The company expects that it will begin trading some time in the next few weeks.

Also from iVoice

MATAWAN, NJ - iVoice, Inc. (OTC Bulletin Board: IVOC) announced that Summit Insurance, of Troy, OH is deploying an iVoice IVR System to facilitate the status of benefits for clients.

The iVoice IVR is installed in conjunction with the Altigen Communications, AltiServ(R), IP based PBX phone system. According to iVoice, this will allow clients to call in for status of benefits and eligibility, and to check on forms being processed, by entering their Social Security numbers as verification. The iVoice IVR will also allow transfer to a live operator for questions on ID Cards and address changes. Clients will be able to hear their benefits and eligibility on the same call.

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