BEVERLY HILLS, Calif., March 18, 2004 (PRIMEZONE) -- Victory Capital Holdings Corp. (OTCBB:VTYC) announced today that its wholly owned subsidiary, OnDemand Communications Corp., has entered into a Distribution Agreement with iVoice, Inc. (OTCBB:IVOC), one of the industry's leading providers of speech enabled software.
"The Distribution Agreement with iVoice, Inc. will enable our OnDemand subsidiary to add the additional component of speech recognition to our existing unified communications platform," said Harold Gregg, CEO of Victory Capital Holdings Corp. "The Agreement also enables us to resell the iVoice interactive voice response products to other dealers and resellers," he added.
Jerry Mahoney, CEO of iVoice, Inc. said, "We are pleased to have signed OnDemand Communications Corp. as not only a customer, but a distributor of our products, and we look forward to a long and prosperous relationship with OnDemand."
VICTORY CAPITAL HOLDINGS CORPORATION (VTYC) organized in Nevada, is a publicly traded company. The Company is designed to leverage the assets of existing, proven technology and to infuse those assets with marketing, management and financial support to become the recognized leader in its space.
About iVoice, Inc.
iVoice, Inc. designs, manufactures and markets innovative voice and computer telephony communications systems for businesses and corporate departments. Its speech-enabled communication systems and software are designed to be cost effective solutions that improve a users calling experience by streamlining the call handling process through speech recognition technology. iVoice has demonstrated and met interoperability standards for many of the world's top telephony equipment manufacturers'. http://www.ivoice.com
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission.