Wizzard Announces Two New Products Improving Recognition Accuracy and Management of IBM's...

Business Editors/High Tech Writers

PITTSBURGH--(BUSINESS WIRE)--June 6, 2002

Wizzard Software (OTCBB:WIZD) is pleased to announce the launch of two new speech related products that improve accuracy and offer greater administrator management for two of the most widely used speech recognition

These new products are an extension of Wizzard's award winning line of Voice Tools products that have been downloaded by over 45,000 programmers to date. Management feels the new breakthrough products enhance the company's position as the leading desktop speech recognition application provider and clearly demonstrate why Wizzard is the first choice for businesses looking to use speech recognition on the desktop to increase the productivity of their workforce.

The SpeechNET WIZZARD is a network administrator tool that allows for powerful end user management of IBM's ViaVoice speech recognition engine across a Windows based network. The SpeechNET WIZZARD allows for sharing of a user's speech profile and enables a user to log onto any workstation and have access to their personal speech files, increasing speech recognition accuracy and saving significant set-up time. Other features include:

-- Ability to create custom word lists to add to the base vocabulary

-- Ability to add, edit and delete installed words

-- Ability to import large word lists from a text file

-- Ability to add, edit or delete the actual audio pronunciation of words

The Lexicon WIZZARD is a customization tool for the SAPI speech recognition engine Microsoft includes with its Office XP product and in its Windows XP operating system -- used by millions of people worldwide. The Lexicon WIZZARD increases user accuracy by giving greater control over the base vocabulary and allowing users to customize the speech engine to their individual needs. Features include:

-- Ability to create custom word lists to add to the base vocabulary

-- Ability to add, edit and delete installed words

-- Ability to import large word lists from a text file

-- Ability to add, edit or delete the actual audio pronunciation of words

"The Lexicon WIZZARD and the SpeechNET WIZZARD provide our customers improved speech recognition accuracy and easier end user management, lowering the barrier of entry for large companies and offering them a greater return on their investment in speech recognition," says Armen Geronian, Wizzard's Chief Technical Officer. "Wizzard has found that companies no longer question whether or not speech recognition increases productivity in their workforce -- it does. Businesses are increasingly looking to speech as a way to reduce costs. The Lexicon WIZZARD and SpeechNET WIZZARD tools lower the cost of implementation and bring speech recognition accuracy to a level where we can clearly demonstrate a path to savings for our customers within 30 days of implementation."

Wizzard Software was founded in 1996 and has become a leader in the speech recognition application development market. Wizzard's relationship with software and communications companies such as Microsoft (MSFT), IBM (IBM), Envox, and iVoice (IVOC) provide opportunities to develop new markets for speech enabled computing. Wizzard architects solutions to business problems using its expertise in consulting, development tools and building applications for the Desktop and Internet. Wizzard has achieved global recognition because of its expertise with voice communication whether it is via PC or telephone. Wizzard's successes have lead to expanding opportunities in both the government and commercial sectors. More information can be found at Wizzard's Investor's Corner.

Legal Notice Regarding Forward-Looking Statements: "Forward-looking Statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies and acts of terror against the United States.