| MELVILLE,
N.Y., Nov 2, 2001 (BUSINESS WIRE) -- Andrea Electronics Corporation
(AMEX:AND), a leading manufacturer of hardware and software technologies
that optimizes the performance of speech-enabled applications and
other voice user interfaces, will hold its quarterly conference call
to discuss third quarter results on Thursday, November 8, 2001, at
10:30 a.m. Eastern Time.
This call is being webcast by CCBN and can be accessed at Andrea
Electronics Corporation's web site at www.AndreaElectronics.com.
The webcast is also being distributed over CCBN's Investor Distribution
Network to both institutional and individual investors. Individual
investors can listen to the call through CCBN's individual investor
center at www.companyboardroom.com or by visiting any of the investor
sites in CCBN's Individual Investor Network such as America Online's
Personal Finance Channel, Fidelity Investments(R) (Fidelity.com)
and others. Institutional investors can access the call via CCBN's
password-protected event management site, StreetEvents (www.streetevents.com).
StreetEvents allows institutional investors to identify, organize,
and track the hundreds of conference calls that occur each day during
earnings season, to download events of interest to their Outlook
calendar, and to RSVP to events online.
About Andrea Electronics Corporation
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. OEM
and software publisher customers and strategic partners of Andrea
Electronics' include: IBM Corporation, Intel Corporation, BMW of North
America, Inc., Donnelly Corporation, Symbol Technologies, Inc., Clarion
Corporation of America, Microsoft Corporation, Audio-Technica, U.S.,
Inc., Fonix Corporation, Centra, Net2Phone, Inc., and ZeroPlus.com,
among others. Visit Andrea Electronics' websites at www.AndreaElectronics.com
or call 1-800-707-5779.
This press release may contain "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1995.
The words "anticipates," "believes," "estimates," "expects," "intends,"
"plans," "seeks," variations of such words, and similar expressions
are intended to identify forward-looking statements. These statements
are not guarantees of future performance and involve matters that
are subject to certain risks, uncertainties and assumptions that
are difficult to predict, including economic, competitive, governmental,
technological and other factors, that may affect the business and
prospects of Andrea Electronics Corporation (the "Company"). The
Company cautions investors about the following significant factors,
which, among others, have in some cases affected the Company's actual
results and are in the future likely to affect the Company's actual
results and could cause them to differ materially from those expressed
in any forward- looking statements: the rate at which Andrea Anti-Noise,
DSDA, DFTA and other Andrea technologies are accepted in the marketplace;
the competitiveness of Andrea Anti-Noise, DSDA, DFTA and other Andrea
products in terms of technical specifications, quality, price, reliability
and service; the sufficiency of the Company's funds for research
and development, marketing and general and administrative expenses;
infringement and other disputes relating to patents and other intellectual
property rights held or licensed by the Company or third parties;
and the Company's continuing ability to enter and maintain collaborative
relationships with other manufacturers, software authoring and publishing
companies, and distributors. No assurance can be given that the
Company will achieve any material sales or profits from the products
introduced in this release. These and other similar factors are
discussed under the heading "Cautionary Statement Regarding Forward-looking
statements" included in the Management's Discussion and Analysis
of Financial Condition and Results of Operations in the Company's
Annual Report on Form 10-K and in the Company's Annual Report to
shareholders, and in documents subsequently filed by the Company
with the Securities and Exchange Commission.
CONTACT: Andrea Electronics Corporation
Lauren Rivera, 631/719-1937
Laurenr@andreaelectronics.com
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