Vienna, Austria, October 3, 2006: SAIL LABS Technology today announced changes to its management team and Board of Directors, which will take immediate effect. The new structure is designed to provide continued strong leadership to address SAIL LABS's exciting opportunities in the months and years ahead.

Thomas Netousek, 39, Managing Director and Founder of SAIL LABS Technology, will transition his role to Technology Advisor to SAIL LABS advising on technology projects.

Christoph Prinz, 39, Founder and Chief Operating Officer for the past 7 years, has been nominated as SAIL LABS's Chief Executive Officer.

The transition takes place over several months to ensure a smooth transfer of responsibilities and continuity in all key areas of the Company's operations.

Prior to these changes, Thomas Netousek and Christoph Prinz had jointly led the Company as members of the Managing Board.

"As one of SAIL LABS's Founders and a member of the management team, I am proud of our employees who have made our company one of the world's leading innovators in our industry," said Mr. Netousek. "Founders' roles evolve, and this is the right time for me to transition from my current operational role. We have an exceptionally talented team and entrepreneurial spirit that will lead SAIL LABS to even greater success. I have the fullest confidence in Christoph Prinz as SAIL LABS's new CEO. Christoph has been my colleague, co-leader and friend for many years now, and his skills, talents and outstanding business judgment in all fields of the Company's activities have been valuable to me and highly instrumental to our success."

"I wish to acknowledge the past contributions of Thomas. He was a visionary leader and contributed to developing SAIL LABS Technology into the strong market and speech technology leader it is today," said Christoph Prinz. "I am confident that our major markets have excellent prospects, and our management team has the experience and depth to continue to deliver outstanding growth and operational performance. SAIL LABS can proudly look at a solid intellectual property, strong products and a common, concentrated vision. We remain focused on providing our customers with innovative technology and outstanding service, and we are committed to strengthening our leadership position in each of our businesses."