Fonix Corp. gains 220% today

[dadooh27]

I noticed this stock because of the amount of volume looking on Stockwire today,514,475,600. The shares went from .0004 to .0016 a 220% gain. I can only find recent news dating back to September, a contract for electronic dictionaries in Japan and Taiwan and a demonstration of their voice technology by Hitachi and Bandai at a Wired Nextfest. These guys are in voice recognition tech. The 52 week high was .060 so it is worth watching to see where it's going. Anyone with any experience in this stock? Ticker is FNIX

[theMAXX]

FNIX is starting to go because a direct connection to this weeks China Education IPO NED. Here is the DD:

NED IPO: http://www.ipohome.com/common/ipoprofile.asp?ticker=NED

Business Provider of interactive education content in China.
Industry Computers-Educ/Entertain
Employees 907 Founded 2004

__________

Financial Data ($ in millions)

Market Cap $410.1
Revenues $73
Net Income $9
*Revenues and Net Income is for last twelve months ending 6/30/07
View Prospectus and other SEC Filings

__________

Corporate Data

Company Address 10th Floor B Building Futian Tian’an Hi-Tech Venture Park
Shenzhen, China
Phone Number (86755) 8343-2800
Web Address www.noahedu.com

__________

IPO Profile

Expected Date Week of 10/15/07
IPO File Date 9/24/07
Price Range $9.80 - $11.80


http://www.noahedu.com/

About Noah

Noah Education Technology Co., Ltd. is based in Shenzhen, China and is a wholly owned subsidiary of Noah Education Holdings, Ltd. Founded in 2004, Noah Education Holdings, Ltd. is a leader in the educational electronic market, developing and marketing electronic educational products, software and educational resource content. Noah Education Holdings, Ltd. has three wholly owned subsidiaries: Innovative Noah Electronic (Shenzhen) Co., Ltd., New Noah Technology (Shenzhen) Co., Ltd. and Noah Education Technology (Shenzhen) Co., Ltd. Please visit http://en.noahtech.com.cn and http://www.noahedu.com for more information.




__________


FNIX + NED partnership:

Fonix Speech Technology Embedded in New Electronic Dictionaries from Noah Education Technology

Fonix text-to-speech available in new e-dictionary models in China

SALT LAKE CITY, UT (March 19, 2007) Fonix Speech, Inc., a wholly owned
subsidiary of Fonix Corporation (OTC BB: FNIX) specializing in embedded speech
interfaces for mobile devices, handheld electronic products, video game systems and
processors, announces Fonix text-to-speech (TTS) technology on a new electronic
dictionary manufactured and sold by Noah Educational Technology Co., Ltd, the premier
provider of educational electronic devices and software in China. Noah’s newest e-
dictionary, model NP600 embedded with Fonix DECtalk TTS is currently available in
China, with another model debuting later this year. Noah projects a manufacturing rate of
over 100K units per model for the year. Fonix receives unit royalties from the sale of each device.


“This contract with Noah marks the first large-scale agreement with China’s leading educational electronics provider to develop and market speech-enabled learning devices,”
says Walt Nawrocki, Senior VP and GM, Fonix Speech. “Noah’s considerable foothold
in the Chinese educational market provides Fonix with a tremendous opportunity to
partner with a reputable leader in their efforts to offer advanced, cutting-edge technology
solutions to customers hoping to improve their language skills.



http://64.233.167.104/search?q=cache:aDDX-_EwTAEJ:www.fonix.com/pr/20070319.pdf+fnix+noah&hl=en&ct=clnk&cd=1&gl=us


__________

Fonix is the primary supplier of speech solutions language learning devices and systems in Asia. Fonix speech solutions are particularly useful for non-English speakers who are learning the language.

Handheld electronic dictionaries enable individuals to speak a word in their native language (like Japanese) and have the text read back to them in English.

Fonix has capitalized on FonixTalk's small memory footprint and high intelligibility and Fonix VoiceIn's high-recognition-rate capabilities.
Asian market growth! -- Electronic dictionaries and cell phones

Asian marketSpeech-enabled language learning is an emerging international market, especially in Asia. Educational electronic dictionary devices are growing in popularity in China and are expected to exceed a market volume of over 500,000 units per quarter. These channels expand Fonix's ability to serve millions of individuals while generating revenue on already existing technologies that can be diverse in their final application.
Current OEM partners in the language learning market include:

* Casio
* Canon
* Seiko Instruments
* AonePro
* Brilliant System
* NEC
* Shenzhen Huapu
* Noah


http://www.fonixspeech.com/e_dictionaries.php




__________


2007 Sales (mil.) $72.8
1-Year Sales Growth 48.4%
2007 Net Income (mil.) $8.7
1-Year Net Income Growth 162.0%

Annual High 0.0063 Annual Low 0.0004

[dadooh27]

Thanks Maxx, I bought into this today at .0010, it held there most of the day. We'll see what tomorrow brings.

Dadooh27