iVoice enters into LOI to sell intellectual property to a biometric company.

Position:Happenings - Brief Article
 
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iVoice, Inc., a provider of speech recognition technology, has announced that it has entered into a letter of intent to sell its speech engine, source code and assorted technology-related patents to NGM TEC, Inc., a provider of identity verification solutions and other biometric software products. The transaction, which is subject to the completion of favorable due diligence, the signing of a definitive agreement and customary...

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