Wizzard To Be Featured in IBM Booth at SpeechTEK

    NEW YORK--Oct. 30, 2002--Wizzard Software (OTCBB:WIZD) is please to announce they have been invited by IBM to demonstrate and discuss their products and services in the IBM booth at this years SpeechTEK Exposition and Conference. Wizzard plans to demonstrate various solutions created using IBM ViaVoice technology to potential customers, industry insiders and investors.
    "Wizzard has been attending SpeechTEK for many years and we are honored that IBM has invited us to participate with them this year", says Chris Spencer, Wizzard CEO. "If this show is anything like the last couple of years, we expect a flurry of business to come from our time spent here."
    SpeechTEK is the annual worldwide gathering of the minds and markets in speech technology. It is a once-a-year opportunity to meet and interact with the global network of vendors and enterprise customers who are developing and implementing speech solutions. Attendees include buyers and sellers of speech technology products and solutions, end-users, integrators, developers, investors, and corporate and governmental decision-makers.
    Among the industries represented at SpeechTEK every year are health care and pharmaceuticals, finance, banking and insurance, automotive, travel and transportation, state, local and national governments, utilities, retail, device manufacturers, call centers, value added resellers, carriers, service providers and more. Past attendees include: Microsoft, AT&T, Sony, Chase Manhattan Bank, Cisco, Motorola, Philips, Metropolitan Life, Wells Fargo, Coca-Cola, Aetna, Chevron, Cigna Systems, Citicorp, Delphi Automotive Systems, Ericsson, Fidelity Investments, Goldman Sachs, McGraw Hill, American Express, Merrill Lynch, Prudential, Qwest Communications, Compaq, Toyota Motor Manufacturing, Unisys, Worldcom, Mitsubishi, AOL, Panasonic, Bristol-Myers Squibb, Metlife, Verizon
    Exposition hours are on October 30, 10:30 AM-5:30 PM and October 31, from 10:30 AM-4:00 PM at the Marriott Marquis in Manhattan. Wizzard invites all interested parties to stop by the IBM booth to see its exciting new products and services.

    About The Speech Industry

    Datamonitor estimates that the supply-side market for voice business technologies and services will grow to $4.33 billion by 2007. The Kelsey Group estimates that companies will deploy voice systems to 32 million people this year, up 60% from a year ago. One fourth of the Fortune 500 invested in speech systems in 2001.(Datamonitor) Speech recognition was named one of CNN and CIO Magazine's hot technologies for 2002. Gartner estimates that nearly one third of all call center phone lines will employ speech recognition by next year.

    About Wizzard Software

    Wizzard Software was founded in 1996 and has become a leader in the speech recognition application development market. Wizzard's relationship with software and communications companies such as Microsoft (MSFT), IBM (IBM), Envox, and iVoice (IVOC) provide opportunities to develop new markets for speech enabled computing. Wizzard architects solutions to business problems using its expertise in consulting, development tools and building applications for the Desktop and Internet. Wizzard has achieved global recognition because of its expertise with voice communication whether it is via PC or telephone. Wizzard's successes have lead to expanding opportunities in both the government and commercial sectors. More information can be found at Wizzard's Investor's Corner.

    Legal Notice

    Legal Notice Regarding Forward-Looking Statements: "Forward-looking Statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions, actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies and acts of terror against the United States.