Loquendo and Phonologies sign OEM Agreement

TURIN, ITALY - Phonologies, a provider of platform technologies in India, and Loquendo announced an OEM alliance to deliver Phonologies flexible solution powered by Loquendo to the banking and financial, and military and government sector in India. Phonologies has chosen to integrate Loquendo ASR (automatic speech recognition) and Loquendo Speaker Verification technology. It will initially target the voice platform toward the banking and financial sector in India, bringing existing Web based services to the phone. The first voice portal application for the banking sector is currently being deployed as a pilot project with one of Asia's largest banks.