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TPC investment to aid speech recognition company speed research and development

News | 01/23/2002 5:00 am EST

A new investment by Technology Partnerships Canada (TPC) in a small B.C. company could help solve the significant problem of noise interference in applications that rely on voice recognition. Wavemakers Inc. recently announced $4.4 million in new loans from the Industry Canada funding body, money that it will use to hire more research and development staff. The increased payroll will bolster Wavemakers’ chances of developing voice recognition software that is more accurate and requires less processor power within three years.

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