Kendra Borrego Joins VoiceObjects as CFO

SAN MATEO, Calif., July 18, 2006 – VoiceObjects, Inc. announced today it has closed a $10.8 million venture capital financing. The funds were provided by existing investors Telesoft Partners, Wellington Partners, SAP Ventures, Deutsche Telekom’s T-Venture and Enjoyventure. The company also announced that industry veterans Bonnie Crater and Kendra Borrego have joined as senior vice president of marketing and chief financial officer, respectively. These executives join recently appointed president and chief executive officer Beatriz Infante, formerly president and chief executive officer of Aspect Communications, on the company’s senior management team. More information and biographies of the entire leadership team are available at www.voiceobjects.com.

The CFO and CEO searches were conducted by Taylor Winfield, Inc.

The latest financing brings the total amount of venture capital raised by the company to $35 million. The new funds will be used to enhance the company’s sales and marketing functions in the U.S. and to continue development of the company’s VoiceObjects Server and other products. The company also announced that the membership of its Board of Directors has changed and now consists of Arjun Gupta, founder and managing partner of Telesoft Partners, Beatriz Infante, president and chief executive officer of VoiceObjects, and Jvrg \berla, general partner of Wellington Partners.

“With today’s many announcements – a significant financing, the addition of veteran executives, the general availability of our revolutionary phone application server product, and two important customer wins – this is a momentous time for VoiceObjects,” said Beatriz Infante. “The company is now ideally positioned to build on its impressive record of European success by radically transforming the North American phone-based self-service industry.”

Veteran Executives to Lead Marketing, Finance
Prior to joining VoiceObjects as senior vice president of marketing, Bonnie Crater was senior vice president and general manager for Salesforce.com’s service and support business unit. Crater also held vice president and senior vice president marketing roles at Genesys, Netscape, Network Computer Inc. and Stratify. A ten-year veteran of Oracle Corporation and its various subsidiaries, Crater was vice president, Compaq Products Division and vice president, Workgroup Products Division. Crater was also president and CEO of Zelerate, a provider of open source e-commerce solutions. In 2000, Crater was named one of the “Top 20 Female Executives in Silicon Valley ” by San Jose Magazine. Crater holds a B.A. in biology from Princeton University.

Prior to joining VoiceObjects as chief financial officer, Kendra Borrego had a thirteen-year career at IMPAC Medical Systems, Inc., where she was most recently chief financial officer and vice president, finance. At IMPAC, Borrego was responsible for the strategic development and coordination of finance, accounting, investor relations, legal affairs, contracts administration, human resources and purchasing functions. She also led the company's initial public offering and managed significant sell-side and buy-side acquisitions. Borrego holds a B.S. in business administration from the University of Nevada, Reno and an M.B.A. from San Jose State University.

About VoiceObjects
VoiceObjects is the phone application server company. VoiceObjects works with carriers and enterprises around the world to deliver a personalized customer service experience to more than 500 million callers every year. VoiceObjects Server, the company’s flagship product, supports phone-based applications at more than fifty leading companies, including Adobe, T-Mobile and Volkswagen Financial Services. VoiceObjects is privately held and headquartered in San Mateo , Calif. For more information, please visit www.voiceobjects.com.

About Taylor Winfield, Inc.
Established in 1987, Taylor Winfield has been instrumental in building billions $$ in market value within the high technology industry, via retained executive search and strategic business development.  Through key relationships with premier venture capital firms, maturing client companies, and their executive network of visionary industry leaders, Taylor Winfield has conducted searches to create hundreds of high tech core management teams in enterprise software (applications & infrastructure), wireless, networking, computer hardware, services, and semiconductors.  For more information, please visit www.taylorwinfield.com.