Software publisher Nuance celebrated the tenth anniversary of its Dragon
Naturallyspeaking speech-recognition product today as two pioneers of the
technology stood trial in Belgium for fraud.
Nuance bought technology assets of the company formed by Belgians Jo Lernout
and Pol Hauspie after it went bankrupt in 2001. Their company, Lernout and
Hauspie, had previously bought out their greatest rival Dragon.
Today Simon Howard, Nuance dictation solutions director, gave an impressive
demonstration of a wireless version of Dragon NaturallySpeaking v9, which comes
with a DECT hands-free Plantronics noise-cancelling headset.
The software, which also helps filter out the noise, provided a nearly
perfect transcription as Howard dictated at speed against the noisy backdrop of
London's Leicester Square.
Lernout and Hauspie might never have got into trouble if their software had
been half as good. They got into the market too early, at a time when the
software and especially processors were not up to the task. You could get their
software to work, but it was slow, inaccurate and required a lot of training and
care.
Now they face several charges of accounting and stock fraud, allegedly
uncovered when thousands of small investors submitted compensation claims after
the bankruptcy.
Nineteen other people also face charges in a trial that is expected to last
months.
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