South African multi-national technology company, Spescom, has announced that its DataVoice division has signed a distribution agreement for its products to be marketed worldwide by voice recording company, Dictaphone Corporation.
Spescom DataVoice CEO Viv Crone says the agreement is effective immediately. Dictaphone has already launched the DataVoice product range onto US markets.
"This is not only a major business achievement for Spescom DataVoice but is also powerful acknowledgment of South African technology as globally competitive and cutting-edge," says Crone. He adds that the potential business spin-off of the deal is significant in a world market valued in excess of $750 million.
Production will be geared up to meet the demand that is already being displayed through early sales in the US.
Crone says the association will open channels to market for DataVoice products that would otherwise not have been possible. DataVoice voice recording solutions will be marketed worldwide under the Dictaphone brand.
Spescom is listed on the JSE Securities Exchange and on the Nasdaq. Spescom DataVoice is dedicated to the multimedia transaction recording market. US-based Dictaphone has been a recognised player in recording technology development for over 100 years.
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