Andrea Electronics Corporation (OTCBB: ANDR.OB) News Release - 7/16/2001

Andrea Electronics Corporation Named Recipient Of Industry-Wide Technology Award

MELVILLE, N.Y., July 16 /PRNewswire/ -- Andrea Electronics Corporation (Amex: AND) announced today that the company has received a Peak Performance Award from "Speech Technology Magazine," a program designed to recognize the products, services or innovations of speech technology companies whose efforts have propelled the industry to the forefront of technological innovations in communications.

Two awards were presented in each of 12 categories -- an Editors' Choice Award, representing the votes of the magazine's editorial staff, columnists, contributing writers and industry experts, and a Readers' Choice Award voted by the worldwide readership of "Speech Technology Magazine." Almost 300 nominations were received and voted upon via the magazine's Web site at http://www.speechtechmag.com.

Voted an Editor's Choice winner, Andrea Electronics received recognition in the Microphone and Headsets category for its industry-leading suite of patented and patent-pending noise canceling algorithms. Andrea provides world class, speech enhancing technologies such as its DSDA(R), EchoStop(TM), and PureAudio(TM) Solutions, among others, to address interfering noises common in various mobile and office computing environments.

"Winners of our Peak Performance Awards represent the 'best of the best' in their categories and are primarily responsible for the great strides that speech technology is making in the global marketplace," said John Kelly, "Speech Technology Magazine's" publisher and editor-in-chief.

Editor Gary Moyers agreed, "We are proud to be able to recognize both large and small companies whose work is revolutionizing the way the world communicates."

Reflecting the explosive growth in landbased and wireless speech communications -- from mobile phones to speech-enabled computers and Personal Digital Assistants (PDAs) -- The Kelsey Group, a New York-based financial analyst organization, projects that worldwide spending and revenues from speech applications and the Voice Web will reach $41 billion by 2005.

Winners in all categories, as well as nomination and voting guidelines, may be viewed online at http://www.speechtechmag.com/st.mag/current/ppawinners.shtml.

About Andrea Electronics:

Andrea Electronics Corporation designs, develops and manufactures audio technologies and equipment for enhancing applications that require high performance and high quality voice input. The Company's patented Active Noise Reduction (ANR READY(R)) earphone, Active Noise Cancellation (ANC) near-field microphone, patented Digital Super Directional Array (DSDA(R)) and patent-pending Directional Finding and Tracking Array (DFTA(TM)) far-field microphone technologies enhance a wide range of audio products to eliminate background noise and ensure the optimum performance of voice applications. Applications for the Company's technologies include: speech recognition programs, Internet telephony, video/audio conferencing, automobile PCs, home automation systems, hand-held devices and multiplayer online games, among others. Visit Andrea Electronics' websites at http://www.AndreaElectronics.com or call 800-707-5779.

About "Speech Technology Magazine":

"Speech Technology Magazine" and SpeechTEK Exposition and Educational Conference are recognized worldwide as the leading sources of information on the products and technologies affecting the speech technology industry. The bi-monthly trade publication and the annual trade show deliver essential news to developers of the technology, value added resellers, integrators, end-users, investors and other professionals interested in this ever-expanding technology and its applications. Subscription or exhibit information is available online: http://www.speechtechmag.com or http://www.speechtek.com or call toll-free 877-993-9767.

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SOURCE: Andrea Electronics Corporation

CONTACT: Richard A. Maue, Chief Financial Officer, or Lauren Rivera, Marketing Communications Manager, both of Andrea Electronics Corporation, +1-800-42-7787 /Company News On-Call: http://www.prnewswire.com/comp/041750.html

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