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Partnership Enhances Opportunities for Andrea to Increase Headset Revenues
MELVILLE,
N.Y., April 27, 2004 -- Andrea Electronics Corporation (AND),
a leading PC audio equipment and software developer, and Centra
Software, Inc., a leading provider of specialized application
software and services for online business collaboration, announced
today that Andrea has been selected by Centra to be the premier
sponsor of Centra Summit 2004. Centra Summit 2004 is Centra's
Fifth Annual Worldwide User Conference, set for May 11th to
the 14th, at the Westin Copley Place Hotel in Boston, Massachusetts.
Head Coach Bill Belichick of the New England Patriots, football
world champions, and Paul R. Gudonis, Centra's President and
CEO, will deliver the keynote addresses, kicking off the four-day
event themed "Driving Value Through Collaboration."
Centra Summit 2004 is the largest vendor-hosted event in the
online business collaboration industry and is expected to
draw a record number of attendees from around the globe. Attendees
can expect Centra Summit to deliver on a tradition of excellence
with comprehensive, high-quality programs that include speakers
from leading organizations, hands-on labs, a solutions demo
center, and more than 60 customer- and partner-led workshops.
Attendees will also benefit from a host of networking opportunities
and festivities, highlighted by an evening at the Fogg Art
Museum, Harvard's oldest art museum.
"On
behalf of Centra and our entire user community, we want to
thank Andrea for their sponsorship participation in this year's
Centra Summit, where our conference attendees will have a
great opportunity to learn more about this world-class organization
and their technology," said Joseph Gruttadauria, Senior
Vice President, Professional Services of Centra Software.
"A long-term partnering commitment from companies like
Andrea fuels our growth and success. Because of their contribution,
we are all looking forward to an exciting, information-packed
week at Centra Summit 2004."
Mr. Gruttadauria
will serve as Centra's executive liaison, promoting a deeper
relationship between Andrea's and Centra's field sales and
implementation consulting organizations. Details of a formal
partnership will also be announced shortly to Centra's entire
worldwide customer base.
As the
premier sponsor, Centra Summit attendees will be directed
to visit Andrea's booth where they will receive the newly
introduced Andrea NC-95 Anti-Noise Headset. Additionally,
Andrea will conduct a workshop during the Summit titled "Best
Real Time Collaboration Audio Input/Output Practices."
The goals of this workshop are to educate conference attendees
on the importance of quality desktop audio input/output devices,
to discuss microphone technologies applicable to various working
environments and to demonstrate Andrea's portfolio of complementary
audio hardware and software products.
"We
want to thank Centra for selecting us for this premier sponsorship
opportunity," said John Lettieri, Senior Vice President,
Sales and Marketing of Andrea Electronics. "During the
past few years, Centra's users have represented the largest
portion of Andrea's overall headset business. We therefore
look forward to serving potentially an even larger and more
comprehensive Centra customer base with Andrea's high quality
audio headsets."
About
Centra
Online
business collaboration solutions from Centra create workforce
efficiencies and enable organizations to share and exchange
business-critical information with geographically distributed
customers, partners, prospects and employees. Centra's solutions
integrate real-time collaboration and departmental business
processes with specialized applications that increase sales
effectiveness, improve collaborative learning and accelerate
enterprise application rollouts and customer acquisition initiatives.
Currently available in 12 languages, Centra solutions can
be deployed as on-site software or through its ASP service
and are supported by an active ecosystem of value-added partners,
including Siebel, PeopleSoft, SAP and Deloitte Consulting.
Organizations across every major industry and market sector
choose Centra, including Wyndham International, Weyerhaeuser,
Underwriters Laboratories, BMW and Stanford University. Headquartered
in Lexington, Massachusetts, Centra serves a worldwide customer
base throughout the Americas, Europe, Asia and Australia.
For more information, visit www.centra.com.
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 Digital Super Directional Array (DSDA),
patented PureAudio, patented EchoStop and patent-pending Directional
Finding and Tracking Array (DFTA) 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'
website 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; the Company's continuing ability
to enter and maintain collaborative relationships with other
manufacturers, software authoring and publishing companies,
and distributors; the emergence of new competitors in the
marketplace; the Company's ability to compete successfully
against established competitors with greater resources; the
uncertainty of future governmental regulation; the Company's
ability to obtain additional funds; and general economic conditions.
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.
AT ANDREA
ELECTRONICS CORPORATION
Corisa L. Guiffre
Chief Financial Officer
1-800-447-7787
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