365 Corporation PLC
21 May 2002
For Immediate Release 21 May 2002
365 Corporation plc
CHANGE OF NAME TO ECKOH TECHNOLOGIES plc
&
Result of Extraordinary General Meeting
The Board of 365 Corporation plc announces that at the Extraordinary General
Meeting held at 2pm today all the resolutions proposed were duly passed.
Three special resolutions were passed: to change the name of the Company to
Eckoh Technologies plc; to amend the objects clause; and to amend the articles
of association in relation to the Electronic Communications Act 2000.
Three ordinary resolutions were passed to amend the rules of the Company's 1999
Share Option Scheme, inter alia, to increase the maximum limit on the grant of
share options to 15% of the Company's issued share capital. The changes to the
rules are also subject to the approval of the Inland Revenue.
ENDS
For further enquiries, please contact
365 Corporation plc Tel: 01442 458 355
Martin Turner, Chief Executive Officer
Nik Philpot, Chief Operating Officer
Buchanan Communications Tel: 020 7466 5000
Mark Edwards/Fergus Mellon
More on Eckoh:
Eckoh Technologies is a speech application service provider. It is a European
leader in the provision of hosted interactive voice applications and speech
recognition services. Eckoh Technologies owns one of Europe's largest
voice-hosting platforms, forecast to be in excess of 8,000 lines by the end of
2002, with a capacity of handling over 500,000 calls per hour.
The company delivers large-scale, innovative speech solutions to a client list
that includes Granada Television, Chrysalis, Cartoon Network, Sky, EMAP, Virgin
Mobile, and the Royal National Institute of the Blind.
In July 2001, Eckoh Technologies launched Europe's first comprehensive voice
portal, Eckoh, which can be accessed from any standard telephone - mobile or
landline - by dialling one number. Eckoh allows the user to send and retrieve
emails, go shopping, listen to the latest news, sport and entertainment, set up
conference calls, check and create diary appointments, quickly connect to
friends, family and colleagues - all driven by the power of his or her voice.
Eckoh Technologies syndicated Eckoh to Virgin Mobile, which launched its service
in December 2001.
Eckoh Technologies has a partnership with Philips Speech Processing through
which it is the preferred partner in the UK for hosting speech recognition
applications on behalf of Philips clients. Eckoh Technologies is capable of
applying its technology to a broad range of industries, and can provide
pan-European access to applications in multiple languages. Datamonitor
estimates that the European market for speech recognition applications will grow
six-fold to £1.2 billion by 2006.
This information is provided by RNS
The company news service from the London Stock Exchange
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