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  Microsoft to License SpeechWorks
Time: 09:30 EST/14:30 GMT | News Source: Microsoft Press Release | Posted By: Byron Hinson

Microsoft Corp. today announced a licensing agreement with SpeechWorks International Inc. (Nasdaq "SPWX"), a leader in the network-based speech technology industry. Under the agreement, Microsoft licensed SpeechWorks' Speechify text-to-speech (TTS) engine, a technology that makes it possible for text-based information such as e-mail, news and other dynamic content to be read to callers automatically. Due to its highly natural sound quality, the Speechify engine can improve speech-activated services that allow consumers to obtain information and complete transactions over any phone.
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