Voice It Worldwide, Inc. - MEMO- Profile

Voice IT Worldwide, Inc., designs, develops and markets a line of portable electronic products which digitally record and store voice information on solid state memory. In 1998 the company introduced a new generation Mobile Dictation Recorder . On November 2 1998, the company filed a petition for protection under the reorganisation provisions of chapter 11 of the bankruptcy code with the United States Bankruptcy Court. The customers of the company include catalog retailers & industries. One of the customer whose sales accounted for 49.2% of 1998 revenues is Dragon Systems Inc. The company distributes its products to Canada and Europe apart from United States. Foreign sales accounted for 18% of 1998 revenues.