VoiceBox Technologies and Toyota Announce Multiyear Licensing and Development Agreement

SEATTLE--Jan. 1, 20067, 2006--VoiceBox(R) Technologies Inc., the innovator in conversational voice applications for systems on the go, today announced that Toyota Motor Sales USA Inc. and VoiceBox Technologies will seek to develop tools to enable search, navigation and retrieval of information for potential, future use in Toyota vehicles. This deal is significant because it signals the beginning of a long-term development relationship between Toyota and VoiceBox.

The multiyear licensing deal between VoiceBox Technologies and Toyota anticipates a creative, commercial alliance combining VoiceBox's expertise in voice search and conversational language processing with Toyota's market leadership.

"The tremendous amount of digital content available is often overwhelming and could be dangerous when it comes to accessing and retrieving the information you most want in a moving vehicle. Our technology delivers a superior level of performance because you just have to say it to get it," said Tom Freeman, senior vice president, VoiceBox Technologies. "We're delighted to be working with Toyota -- moving forward with the agreement represents a unique opportunity to combine the VoiceBox conversational user experience with one of the best and most respected consumer products companies in the world."

"We chose VoiceBox to partner with us because of its unique ability to provide consumers with a great conversational language experience and its versatility in using smart contextual search agents to quickly find and retrieve information," said Jim Pisz, national manager of Advanced Technologies for Toyota Motor Sales USA Inc. "Customers should be entitled to an enhanced driving experience that enables them to safely and reliably search, navigate and retrieve information while on the move."

The foundation of VoiceBox Technologies' product is based on advanced patent pending algorithms that can determine context and intent from conversational speech and then dynamically create a query based on the user's intent. Users are not required to memorize exact preset commands and can simply ask for what they want, even in noisy environments such as the automobile.

About Toyota

Toyota Motor Sales (TMS), U.S.A., Inc. is the marketing, sales, distribution and customer service arm of Toyota, Lexus and Scion in the United States, marketing products and services through a network of 1,422 Toyota, Lexus and Scion dealers in 49 states. Established in 1957, TMS and its subsidiaries also are involved in distribution logistics and motorsports. The company's main Web site is http://www.toyota.com.

About VoiceBox Technologies

VoiceBox(R) Technologies offers the world's first conversational voice search platform, called the VoiceBox Navigator Platform(TM), enabling breakthrough conversational search and navigation of digital content from any mobile device and from any IP network. A key differentiator for VoiceBox's Navigator Platform is that it consistently achieves a remarkable level of task completion searching across multiple content domains through its Knowledge Enhanced Search and Speech Recognition (KESSR) algorithms, which determine the context and intention behind the words spoken by the user. Intelligent queries and searches are then dynamically executed based on such context and user intent. The VoiceBox Navigator Platform runs on various embedded, desktop and server systems for applications such as music and media, navigation and driving directions, directory and hands-free dialing, and control over digital devices. VoiceBox, headquartered in Kirkland, Wash., develops and sells rich conversational language and voice search applications for the automotive, digital home, mobile phone and VOIP markets. More information is available through the Web site found at http://www.voicebox.com.