ATLANTA, May 7, 2007 (PRIME NEWSWIRE) -- VuBotics, Inc. (OTCBB:VBTC), developer of VuIT(tm), the global leader in small screen reading technology, and MagneticTime, the innovative mobile audio company, today announced a strategic partnership to develop software combining MagneticTime's speech technology software with VuBotics' VuIT(tm) advanced reading technology.
MagneticTime's iAudioize software for iPods, PCs, PDAs and cellphones enables users to listen to emails and documents in MP3 format. The VuIT(tm) product family uses an advanced proprietary algorithm that dynamically delivers text sequentially onto a viewing screen, word-by-word, rather than as static text across a screen, as with a piece of paper.
David Rollo, chief marketing officer of VuBotics, commented, "By combining iAudioize and VuIT(tm), we are developing a robust software solution that dramatically enhances the usabilty and functionality of cell phones, iPods and PCs. This new software will seamlessly convert text to audio, providing users immediate and convenient access to information. For instance, users will have the ability to read emails using VuIT's(tm) software, which maximizes both speed and legibility of traditional digital text-allowing readers to double, even triple, their traditional reading speed while reducing eyestrain and improving legibility. At the same time, MagneticTime's speech conversion technology provides an eye-free utility for retrieving emails and other content never before available. Users will have the ability to convert text to MP3 format for easy listening while traveling, commuting or even exercising. The combination of these two technologies is a supercharged productivity tool that has the potential to reshape the mobile information landscape."
Shane Mc Allister, Executive VP with MagneticTime, stated, "This co-development project with VuBotics brings together the best of two leading technologies. Given the proliferating use of cell phones and other small screen devices for reading digital content, we believe the VuIT(tm) reader, coupled with MagneticTime's advanced speech technology, has the potential to reshape how we retrieve information, whether on the go or in the office. We look forward to launching the new software solution later this year, and aggressively building our distribution through a variety of channels."
About MagneticTime
MagneticTime is an innovative leader in the use of text to speech technologies and was founded in April 2005. MagneticTime launched its first product -- iAudioize, in November of that same year and followed up with 2 further products -- iNewsCaster, and MT-Podcast within the year. With a team of progressive software engineers working in R&D, MagneticTime trades globally from its head quarters, based in Ireland.
About VuBotics
VuBotics, Inc. is an emerging technology provider dedicated to improving the reading experience. Today, VuBotics has several patent pending software applications, including VuIT(tm) Online Reader and VuIT(tm) Mobile, which are designed for content providers and aggregators worldwide. The VuIT(tm) product family uses an advanced proprietary algorithm that dynamically delivers text sequentially onto a viewing screen, word-by-word, rather than as static text across a screen, as with a piece of paper. Other VuBotics products under development include online experience metrics, and relational search and intelligent agent technologies. Based in Atlanta, Georgia, VuBotics' strategy is to take advantage of the growing market for digital content through business relationships with global media and technology companies. For more information, visit: www.vubotics.com.
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