Speech recognition software is way forward, apparently...
Published: 7 March 2002 11:00 GMT
Online media group 365 Corporation is changing its name to Ekoh Technologies and concentrate on speech recognition software in a last drive to hit profitability.
365 shares in London were up 6.9 per cent by 09.05(GMT) this morning, following the news. Earlier in the morning stock listed on the Berlin exchange jumped 21.05 per cent.
365 currently provides telecommunication services and online media content, operating 22 websites covering sports, music and lifestyle.
Company CEO Martin Turner described the move as "the final stage of a major programme of change that is designed to move 365 into profitability."
The company has already agreed to provide speech recognition systems to Philips Electronics.
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