| "Dr. Lorenzo Musa & Voice Security Systems Form Alliance to Market Intellectual Property" 05/10/2001 |
Voice Security Systems enters into an Alliance with Dr. Lorenzo Musa To market and pursue enforcement of his Intellectual Property US patent # 6,016,349 titled: CELLULAR PHONE PROVIDED WITH LEGAL INDENTIFICATION BY MEANS OF THE OWNER OF THE CELLULAR PHONE. Dana Point, Calif.—May 10th 2001, Voice Security Systems Inc. "We are extremely excited about the immediate addition of an source to help impact our speaker verification technology," said Brad Clements , CTO of Voice Security Systems Inc. "By rapidly increasing the size of our patent portfolio, we are able to deliver a superior experience using our Voice Protect® technology in the emerging cellular e-commerce market.” "By combining our resources and using our existing patents and pending patents, the value of the whole is greater than the sum of the parts," said Dr. Musa President & CEO, Crystel Telecommunications Inc. "It's a win-win situation for everybody – Crystel, Voice Security Systems, and most of all, our clients who have been evaluating our technology for cellular use.” Said Brad Clements, CTO of Voice Security Systems Inc. The alliance will offer both parties a potential positioning in the market place for the use of a biometric in the cellular world. It is believed that Dr. Musa’s patent could possibly extend to "convergence" hand held devices which advertise that they can be used as a cellular phone. With the ever expanding opportunity of the cellular world and the need to protect information held within these devices used for legal identification , the need for this technology is phenomenal as this market is moving at an incredibly fast pace. Forward-Looking Statements
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