BNET Industries

Market Cap:$24.5M
Last Fiscal Year Sales:$6.1M
  • Public
  • US
Dow Jones Description

Founded in 1995, the business of Wizzard Software Corporation, a Colorado corporation ("Wizzard," "we," "our" or "us" or words of similar import), includes software products and services that focus on speech recognition and text-to-speech technology, podcasting and the home healthcare industry. Speech recognition is used for three basic things: 1) It allows humans to talk commands to a computer (directly to a PC, in a car, over a phone system, etc.) and have those commands executed. For example, you can say, "open my email" to your PC, "give me directions to McDonalds" to your car, or "order a pay per view movie" in response to questions being asked by a telephone answering system. 2) In addition to commands, speech recognition allows for fast, accurate transcription of the spoken word. Examples include: a doctor dictating patient notes, a nurse calling in updates on a home health visit, a lawyer dictating briefs. 3) The third most common use for speech recognition, and one that Management believes has the most potential for Wizzard, is speech recognition's ability to turn audio into text. For example, a conference call can be recorded and then sent through a speech recognition engines and a transcript of the call will now be available for notes, for others to read, etc. Another example, and an area of great interest to Wizzard, is turning audio and video "podcasts" into text. ...

Chairman of the Board, CEO, President
Chris Spencer
Number of Employees 50
Contact Information

5001 Baum Blvd Ste 770

Pittsburgh

wizzardsoftware...

(412) 621-0902

NAICS Code Software Reproducing: 334611

Recent Events

  • Business briefs: 11/18/09 Today

    11/18/09 - Financial Announcement - View Story

  • Wizzard Software Announces 2009 Q3 Financial Results and Shareholder Conference Call

    11/16/09 - Product Announcement - View Story

  • Wizzard Launches 15 New Apps

    8/28/09 - Product Announcement - View Story

  • Losses continue at Wizzard Software

    8/15/09 - Financial Announcement - View Story

News & Analysis

wizzard software corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Laurie Sims President
Armen Geronian Chief Technical Officer and Director
John Busshaus Chief Financial Officer
James F. Else Vice President of Advertising Sales
John Lisovitch Vice President of Business Development
Rob Walch Vice President of Podcaster Relations
Skip Fredericks Vice President of Content Programming
Bruce Phifer General Manager, Technology & Services Division
Eugene J Franz General Manager, Solutions and Channels
Gordon Berry Director, Business Development
Greg Smith Winning Producer
David Mansueto Director
Denis Yevstifevey Director

Board of Directors

Name (plus bio) Position
Chris Spencer Chairman of the Board, CEO, President
Douglas Polinsky Chairman of Audit Committed and Director
Alan Costilo Board of Directors
Denis Yevstifeyev Board of Directors
J. Gregory Smith Board of Directors
Marc Lord Strategic Advisory Board Member
Michael Polinsky Douglas Board of Directors
Wildman David Board of Directors

Spencer has served as the CEO and president of Wizzard Software since its founding in 1996. He is responsible for the overall direction of the company and was selected as one of the top 20 most influential individuals in the speech recognition industry by Speech Technology Magazine. His business experience is widely varied, including the founding and CEO roles with ChinaWire, Inc. and Lotto USA, Inc. He also was involved in the founding, acquisition of financing, operation and ultimate sale of John Valiant, Inc. Spencer sits on the Board of Directors of Cennoid Technologies, a software company that develops encryption and compression software for the Internet. He attended West Virginia University.

Organization Position Status
Wizzard Software Corp Chairman of the Board, CEO, President Current
Wizzard Software Corp Director Current
Speech Technology Magazine Former
West Virginia University Former

Organization Position Status
Wizzard Software Corp President Current

Mr. Geronian has extensive software development knowledge and experience. In 1995, he created custom software for an industrial furnace control company. In 1994, Mr. Geronian was the lead developer of a money transfer service software system for ChinaWire, Inc.; he also created custom software packages for warehouse inventory, a project which included over fifteen large databases for reporting, accounts payable/receivable, and complete auditing control functions.

Organization Position Status
Wizzard Software Corp Chief Technical Officer and Director Current
Wizzard Software Corp Co-Founder Former

See "Proposal No. 1 Election of Directors" for biographical information regarding Mr. Spencer and each of our other current directors. John Busshaus has served as our Controller since April 2006, until his election as our Chief Financial Officer on January 29, 2007. Mr. Busshaus has been responsible for our overall accounting and financial reporting functions since joining the company in April 2006. From 2004 to 2006, Mr. Busshaus was an independent business consultant. Mr. Busshaus' efforts were assisting organizations with the implementation of Sarbanes Oxley, filing of SEC reports, and taking a company through an IPO. Mr. Busshaus worked for Talanga International from 2001 to 2004, where he was the Chief Financial Officer for the company. From 1999 to 2000, Mr. Busshaus worked for Mellon Bank as Controller and Vice President, and was responsible for strategic planning and managing the annual and monthly budgeting within Global Security Services. From 1994 to 1998, Mr. Busshaus worked for PepsiCo as Senior Business Planner, and was responsible for annual and quarter budgets planning, as well as weekly, monthly and quarter reporting of results. As a member of management, Mr. Busshaus' efforts contributed to the revenue growth and market share increases in a market that was categorized as saturated.

Organization Position Status
Wizzard Software Corp Chief Financial Officer Current
Wizzard Software Corp Board of Directors Current
PepsiCo, Inc. Senior Business Planner Former
Young Corporation Former
Clarion University Former

Organization Position Status
Wizzard Software Corp Vice President of Advertising Sales Current
Time4 Media, Inc. Senior Vice President, Sales & New Business Development Former

Organization Position Status
Wizzard Software Corp Vice President of Business Development Current
The Pennsylvania State University Former

Organization Position Status
Wizzard Software Corp Vice President of Podcaster Relations Current
Blogger.Com Columnist Current
University of Connecticut MBA Former
University of Dayton Degree Former

Organization Position Status
Wizzard Software Corp Vice President of Content Programming Current

Organization Position Status
Wizzard Software Corp General Manager, Technology & Services Division Current
Wizzard Software Corp Corporate Communications Executive Former
International Business Machines Corporation Former
Drexel Institute Former

Organization Position Status
Wizzard Software Corp General Manager, Solutions and Channels Current
Rx-Talks General Manager, Solutions and Channels Current
Rx-Talks Technician Former
Wizzard Software Corp Technician Former

Organization Position Status
Wizzard Software Corp Chairman of Audit Committed and Director Current
Wizzard Software Corp Director Current
University of Nevada, Las Vegas Bachelor of Science Degree Former

Berry joined Wizzard in 1997, where he has served as a director since that time. He is involved in the corporate and financial decision making serving as a guide and counsel for the executive officers and Board of Directors. Gordon has been an executive officer with such companies as Champion Commercial Industry, Trundle Consultants and Electric Products Company. He attended Cornell University and received his Bachelor's degree in Industrial Management from Georgia Tech.

Organization Position Status
Wizzard Software Corp Director, Business Development Current
Wizzard Software Corp Director Current

Organization Position Status
Wizzard Software Corp Winning Producer Current
Wizzard Software Corp Director Current
The Learning Channel Inc. Manager Former
Crawford Communications Former
Ohio University Bachelor of Arts Former

Organization Position Status
Wizzard Software Corp Board of Directors Current

Organization Position Status
Wizzard Software Corp Director Current
Blue House Productions Former
University of Pittsburgh Former

Organization Position Status
Wizzard Software Corp Director Current

Organization Position Status
Wizzard Software Corp Board of Directors Current
Intrasystems, Inc. Sales Manager Former
Schneider Downs & Co. Inc. Auditor Former
Medeo System Programmer Former

Organization Position Status
Wizzard Software Corp Board of Directors Current

Organization Position Status
Wizzard Software Corp Strategic Advisory Board Member Current
Microsoft Corporation Program Manager Former
Brigham Young University Computer Science Former

Organization Position Status
Wizzard Software Corp Board of Directors Current

Organization Position Status
Wizzard Software Corp Board of Directors Current

Executive News

  • Wizzard Launches 15 New Apps

    Business Wire - 8/28/09 - View Story

  • Wizzard Media Announces Tii Podcast App Hits Top 100 List in iTunes App Store

    Forbes.com - 8/20/09 - View Story

  • Wizzard Media Announces Tii Podcast App Hits Top 100 List in iTunes App Store

    Business Wire - 8/20/09 - View Story

  • Wizzard Media Acquires iPhone Apps To Monetize Podcast Network

    Business Wire via MSN Money - 6/03/09 - View Story

  • Wizzard Software posts $1.3 million loss in first quarter

    Pittsburgh Business Times - 5/18/09 - View Story

  • Wizzard Software Announces 2009 Q1 Financial Results and

    Business Wire via MSN Money - 5/15/09 - View Story

  • Wizzard Software Announces 2009 Q1 Financial Results and Shareholder Conference Call

    Business Wire - 5/15/09 - View Story

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     WZE $0.46 +0.04 (9.52% )
Average Volume 169,285
Shares Outstanding 53.45M
Market Cap 24.6M
Year High 1.73
Year Low 0.01
Earnings Per Share -0.20
P/E Ratio -2.30
Dividend N/A
Yield N/A
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