One Voice Technologies, Inc. (fka OVOE)

[Ugo22]

Licensing IRIS makes sense. Was it was October 2006 when they first signed with Telmex? Thats not two years and the first year was devoted to a focus group which lead to all of Mobile Voice Products not just Email.

MTNL was signed in 10/2007, thats not even one year.


In 2006, the Company signed a deployment contract with the residential group
within TELMEX for deployment of One Voice's MobileVoice solutions to the over 19
million TELMEX subscribers throughout Mexico. The MobileVoice service was
launched to TELNOR subscribers, a TELMEX subsidiary, in October, 2007 as a
TELNOR branded service called IRIS. For information on IRIS visit
http://www.yosoyiris.com or http://www.telnor.com. The MobileVoice (IRIS)
service has tested and performed very well as anticipated. We are working
closely with TELNOR to ensure the IRIS service is very successful and the
feedback to date has been very positive. We are now working with both the
residential and small, medium business (SMB) groups within TELMEX for coordinate
a national launch for IRIS in both groups. We are confident this national launch
will happen in the coming months. The revenue generated from of a national
launch with TELMEX should have a material impact on the Company.

In October 2007 both the Company and Mantec Consultants ("Mantec") entered into
a contract with Mahanagar Telephone Nigam Ltd. ("MTNL") of India to provide
MobileVoice services to MTNL's over 6 million subscribers. Mantec is One Voice's
local sales associate in India. MTNL is owned and operated by the Government of
India. The Company and Mantec are currently working on deployment of hardware
and systems integration with MTNL. According to MTNL, the MobileVoice service
will be made available to MTNL's existing 6.13 million subscribers for
MobileVoice email by phone service and the total expected customers for this
service is .92 million within the first two years. MTNL has set the monthly
subscription price of $1.25 USD monthly per subscriber out of which the Company
has a 30% share. We anticipate the MTNL revenue stream to grow as we launch
additional MobileVoice services including voice dialing, group call and
voice-to-SMS services. In order to expedite the launch with MTNL we decided to
initially launch email by phone and the revenue projections given by the
marketing department of MTNL reflect the email by phone service only. We
anticipate this revenue projection to grow as additional MobileVoice services
are launched to MTNL subscribers. We are planning on having our service ready
for testing by MTNL in early May, 2008. MTNL will then have a 3 month testing
period after which revenue generation to the Company will commence. The revenue
generated from this launch with MTNL should have a material impact on the
Company.

The Company recently signed an agreement to deploy MobileVoice services with
Mohave Wireless. This service was launched to Mohave Wireless subscribers in
February of 2008. The MobileVoice service will be included as a standard service
for all Mohave Wireless subscribers.

The Company recently signed a Teaming Agreement with Motorola to work together
to broaden Motorola's offerings to Motorola customers. These offering could
include solutions such as One Voice's MobileVoice along with media control and
voice search. We are currently working with Motorola on joint proposals to
Motorola carrier customers along with adding voice search capabilities to
existing Motorola multi-media products for access to a mobile phone users' music
library from their mobile phone.

The Company is currently in a test phase with a national yellow pages provider
that is evaluating our automated 411 voice search service for automated
directory lookup. The target launch of this service would be this year if
selected.

EMBEDDED SECTOR
---------------

On August 15, 2007 the Company signed a Memorandum of Understanding ("MOU") with
Intel Corporation in which both companies will work together to add One Voice's
voice technology to a Linux based handheld device. The Company sees a potential
opportunity with this mass consumer electronics (CE) device and will apply the
necessary resources to co-develop this project. We have been working closely
with Intel engineers to add voice control to their Moblin operating system. We
have recently demonstrated this capability in the Intel booth at the 2008
Consumer Electronics Show, Mobile World Congress and the upcoming Intel
Developers Forum. We have also ported our software to RedFlag Linux. Both
RedFlag Linux and Moblin are the primary operating systems used on Mobile
Internet Devices (MIDs). Both One Voice and Intel have jointly presented our
voice solution to several MID OEM's and we have initial confirmation that our
software will be bundled on a major OEM's MID for launch in Q4 of 2008.

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