Voxware Helps Food Banks Streamline Operating Cost

Voxware, Inc. (Nasdaq: VOXW), a leading supplier of software for voice-driven warehousing operations, announced that Regional Food Bank of Oklahoma and Harvesters Community Food Network have implemented its Voxware 3 software product. Both non-profits are members of Feeding America, the nation’s leading hunger relief charity.

“We implemented Voxware to gain additional cost benefits,” said Bill McKnight, Director of Operations for the Regional Food Bank of Oklahoma. “Unlike a for-profit company with a product to sell, we are in the business of giving food to people who need it – all of our operating costs are donated and have to be raised each year – so we have very slim margins.”

“We’ve seen a 10% increase in productivity and think we can do even better,” said Norm Bowers, Chief Operating Officer of Harvesters. “We’re very happy with the system and believe it will help us to continue our tradition of keeping our costs as low as possible.”

Both McKnight and Bowers serve on the Operations and Technology Consortium, a group that identifies and recommends promising technologies for the Feeding America network. The Voxware 3 solution was deployed at the distribution facilities of both organizations in Oklahoma City and Kansas City. “We chose Voxware because we wanted a versatile software product with an open design and a roadmap for the future,” said McKnight.

“Hunger in the United States is a bigger problem than most people realize,” said Scott Yetter, Voxware CEO. “These two food banks serve over 120,000 people every week, and we’re proud that Voxware’s software is lowering cost so that more funds are available to give to people in need.”

About Voxware

Voxware, Inc. (NASDAQ: VOXW), provides voice-driven software products that optimize the full spectrum of warehouse operations for greater accuracy, productivity and flexibility in supply chain execution. Voxware’s corporate headquarters are in Hamilton, New Jersey, with operating offices in Cambridge, Massachusetts, the United Kingdom, and France. Additional information about Voxware can be obtained at http://www.voxware.com.

About The Regional Food of Oklahoma

The Regional Food Bank of Oklahoma is a private, 501(c) (3) nonprofit organization that acts as a link through which the food industry and community may donate food and other goods. The products are then distributed to nearly 700 schools and charitable feeding programs in 53 central and western Oklahoma counties. In the last fiscal year, the Food Bank distributed 28.5 million pounds of food and product to help the charitable community effectively feed people in need. Since its inception in 1980, the Food Bank has distributed more than 321 million pounds of food to feed Oklahoma’s hungry.

About Harvesters – The Community Food Network

Harvesters is this Kansas City’s only food bank. Covering a 26-county area of northeastern Kansas and northwestern Missouri, Harvesters provides food and related household products to more than 550 not-for-profit agencies including emergency food pantries, soup kitchens, homeless shelters, children’s homes, homes for the mentally disabled and shelters for battered persons. Agencies in Harvesters’ network provide food assistance to more than 60,000 different people each week. Harvesters, which was founded in 1979, is a certified member of Feeding America, a nationwide network of more than 200 food banks, serving all 50 states. For more information, visit www.harvesters.org.

This news release contains forward-looking statements. Such statements are subject to certain factors that may cause Voxware’s plans to differ or results to vary from those expected including the risks associated with Voxware’s need to introduce new and enhanced products and services in order to increase market penetration and the risk of obsolescence of its products and services due to technological change; Voxware’s need to attract and retain key management and other personnel with experience in providing integrated voice-based solutions for e-logistics, specializing in the supply chain sector; the potential for substantial fluctuations in Voxware’s results of operations; competition from others; Voxware’s evolving distribution strategy and dependence on its distribution channels; the potential that speech products will not be widely accepted; Voxware’s need for additional capital and its ability to raise such capital on terms acceptable to Voxware; the potential for Nasdaq delisting proceedings; and a variety of risks set forth from time to time in Voxware’s filings with the Securities and Exchange Commission. Voxware undertakes no obligation to publicly release results of any of these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unexpected result.

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