AVST

Applied Voice & Speech Technologies, Inc. is a leading developer of enterprise communications solutions for businesses of all sizes. Through its world-class unified communications platform, CallXpress®, and its innovative speech application module, Seneca®, AVST offers the industry's most powerful suite of second generation enterprise communications solutions including voice messaging, unified messaging ("UM"), speech-enabled applications (including automated attendant and mobile worker access), and call processing (including embedded IVR).

AVST was established in September 2003 from the combined businesses of Sound Advantage (established in 1997) and the AVT division (established in 1982) of Captaris, Inc. (NASDAQ: CAPA). A privately-owned company, AVST's two major institutional investors are Ignition Partners, Seattle, WA (www.ignitionpartners.com) and Dolphin Equity Partners, New York, NY (www.dolphinequity.com ). Captaris, Inc. is also a minority shareholder.

Headquartered in Orange County, California, AVST maintains facilities in Seattle, Washington and the United Kingdom and has remote sales offices across the United States. With over 35,000 systems installed worldwide over the past 22 years, AVST's communications solutions are sold and supported by an extensive network of resellers and OEM partners including the Enterprise Solutions Group of Verizon Communications, Altura Communications Solutions, Black Box Network Services, NetVersant Solutions, Shared Technologies, Ericsson AB, and over 200 other independent resellers worldwide.

For more information, please contact AVST at www.avst.com .