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18th July 2001

Vocalis group plc AGM Statement 2001

Vocalis Group plc ("Vocalis" or "the Group"), the speech technology company, held its Annual General Meeting in Cambridge today. At the AGM, Ken Hill, Chairman, made the following statement:

"I am pleased to report on progress since we announced our preliminary results on 13 June."

New Contracts
During recent weeks we have been awarded two important new contracts, through Ericsson with Telenor Mobil and Telefonos de Mexico (Telemex). The contracts have a combined value of £655,000 and will be delivered in our current financial year.

As a supplier to Telenor Mobil, Norway's leading telecommunications and IT supplier, Ericsson has ordered the most advanced version of our SPEECHtel telephony platform. Telenor Mobil uses the technology as the basis of its automated service for managing pre-paid mobile telephone accounts. The contract, to a value of £395,000, follows a similar contract, to a value of £200,000, awarded by Ericsson last year.

Telmex is to upgrade to its current SPEECHtel telephony platform at a number of its sites in Mexico. The contract is worth £260,000. Including the provision of consultancy implementation.

I am also pleased to confirm that we have commenced delivery of the first stage of the contract with Eircom, the leading Irish telephone company, announced with our preliminary results in June. This contract is worth £220,000.

Cost Management
We continue to focus on reducing our cost base without damaging our ability to take advantage of the opportunities our marketplace affords us. To this end I am pleased to confirm that we have over the last four months reduced our annualised cost base by approximately £2 million.

In addition to the Board changes announced during recent months I am delighted to confirm that my predecessor as Chairman, Roy Cotterill, who was to resign from the Board today, has agreed to extend his term as Non-Executive Director.

I believe that we now have an extremely talented Board offering all the skills and knowledge required to take the Group forward in its chosen areas of operation.

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About Vocalis

Vocalis works with organisations to create contact centre solutions that build the organisations business and brands. These solutions can turn your contact centre from a cost to a profit centre by ensuring it builds your brand, helps your business be more competitive, and increases customer loyalty through more effective and efficient service. Vocalis was formed in 1993, is publicly traded on FTSE Stock Market and has been listed since July 1996. Vocalis brings back the reassurance of the most personal human touch in business - putting voice to work.

The Vocalis Website is at

Email: [email protected]

For further Vocalis Group information, contact:

Philippa Buttle
Vocalis Group plc
Chaston House
Mill Court
Gt Shelford
Tel: 01223-846177
Fax: 01223-846178
Email:[email protected]

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Thursday, November 27, 2003
Location :: c_corporate/news