Conference nyoss1::market_investing

752.0. "Anyone following DSP Group Inc {NASDAQ:DSPG} ??" by BLOFLY::SMITHP (Beware the knights who say "NT"...) Mon Aug 01 1994 21:57

    Anybody following the DSP Group Inc {NASDAQ:DSPG} ??  The attached
    extract from a Microsoft newsletter highlights some interesting
    technology.
    
    I'd like to know a bit more about their structure.  How do I go about
    getting a copy of their annual report ?  This information is virtually
    non-existant in Australia.  Is their an internet location for such
    information ??
    
    
    Cheers, 
    
    Peter.
    
    ....
MICROSOFT SELECTS DSP GROUP'S TRUESPEECH FOR Windows "CHICAGO" Enables
Quality Speech Compression in Next Generation Personal Computers

Redmond, Wash. and SANTA CLARA, CALIF. -- July 14, 1994 -- DSP Group, Inc.
(NASDAQ:DSPG) and Microsoft Corporation (NASDAQ:MSFT) today announced that
Microsoft will use DSP Group's TrueSpeech(r) speech compression technology
in its upcoming Windows 'Chicago' release.  Quality speech compression is
a key to the successful convergence of computers and telephony. TrueSpeech
enables high quality and efficient processing and transmission of speech
essential for business and consumer applications.

        Quality speech compression is important for any personal computer
or personal communication device using digitally compressed speech.  The
importance is apparent in applications such as collaborative computing,
voice mail, PC-based training and development.

        "Incorporating TrueSpeech into Chicago is evidence of Microsoft's
commitment to using leading edge technologies to make Chicago the highest
quality multimedia system for developers and end-users," said Rogers Weed,
Microsoft's Windows product manager."

        TrueSpeech speech compression greatly simplifies sharing digitally
processed speech between computing devices.  A single standard for speech
compression means computer systems can share digitally processed speech.
Without a single standard, it is like people speaking many languages
without any common ground.

        Davidi Gilo, chairman of DSP Group, explained, "We realized a few
years ago that end-users would benefit greatly from a digital speech
compression technology which is a standard.  We are quite pleased with
Microsoft's acknowledgment of our technology.  It takes us well along
toward the goal we envisioned."

        TrueSpeech compression is a technology based on complex 
mathematical algorithms which are derived from the way airflow from our 
lungs is shaped by the throat, mouth, and tongue when we speak.  This 
shaping is what our ear finally  hears. TrueSpeech is 5 to 15 times more
efficient and effective than other methods of digital speech compression. 
For example, a one minute long speech file which uses  other PC audio
technology would consume as much as 960 kilobytes.  With TrueSpeech, the
same file would be just over 60 kilobytes. This reserves more valuable
computing capability for additional functions.

        According to Will Strauss, president of Forward Concepts (Tempe, 
Ariz.), a leading market research firm specializing in multimedia 
technology:  "Speech compression is a driving force for the converging 
applications of personal computers and telephony. However, having a speech
compression standard is critical to being able to use speech easily and
interchangeably.  This move by Microsoft goes a long way toward
establishing TrueSpeech as the de facto standard."

        TrueSpeech evolved from years of work by DSP Group on low cost, 
high quality speech compression for the digital answering machine market. 
Since DSP Group pioneered and is a leading supplier of digital speech
chips for answering machines, many of today's digital answering machines
use this same technology for storing and playing back speech.

        "As next generation Windows operating systems and TrueSpeech 
become widespread in the market, the benefit of standard speech 
compression will become a given," commented DSP Group's Gilo.  "Microsoft
has the opporunity to include TrueSpeech in future versions of Windows."

        Today, there are over 50 million personal computers using 
Microsoft Windows and  over 2 million new machines shipping with Microsoft
Windows each month.

        In addition to today's announcement regarding Microsoft operating
systems, TrueSpeech is being included in product development by a variety
of personal computer and semiconductor companies including Analog Devices,
Compaq, Intel, Motorola, Silicon Systems, VLSI Technology, and others.

        Founded in 1975, Microsoft is the worldwide leader in software for
personal computers.  The company offers a wide range of products and
services for business and personal use, each designed with the mission of
making it easier and more enjoyable for people to take advantage of the
full power of personal computing every day.

        DSP Group, Inc. develops and markets enabling digital signal 
processing and digital speech technologies and products for the PC, 
multimedia, and communications markets.  Headquartered in Santa Clara, 
California, the company offers digital speech and video algorithms, DSP 
core technology, and integrated DSP-based  solutions.  DSP Group's 
technologies and products have been adopted or endorsed by industry 
leaders including Microsoft, Motorola, Intel, VLSI Technology, Sony, 
Sharp, Panasonic, Philips, Siemens, GEC Plessey, Matra, Alcatel, British
Telecom, France Telecom, Spain Telefonica, and others.

###

TrueSpeech is a registered trademark of DSP Group, Inc.  All other
trademarks and registered trademarks are those of their respective
companies.