Lingsoft acquires Imagetalk products and trademark

29.3.2006/ Lingsoft Inc, the leading Nordic language technology company, today announced the purchase of the property rights of Imagetalk assistive products as well as the registered trademark of Imagetalk.

With this acquisition, Lingsoft enables the continued effort to bring the innovative Imagetalk symbols-based assistive communication solution to the market and to further develop related products.

Simultaneously, this sales agreement makes the full utilization of the Imagetalk symbols-based user interface and content management for other language-oriented education purposes possible.

Alongside the acquisition, all current Imagetalk personnel will continue to be fully employed by Lingsoft.

"Being for a long time the biggest shareholder of Imagetalk, we see this as a natural step in our strategy to offer innovative language technology solutions. We certainly want to ensure a market presence and continued development of Imagetalk Symbol Writer as the first truly mobile symbols-based assistive solution on the market." Juhani Reiman, Managing Director of Lingsoft Inc, says. "We also see more potential in this, because the concept of symbols-based language learning is something we want to explore and develop. Imagetalk’s experience in mobile communication and the proven technical platform offer a good match with our intentions,", Mr. Reiman emphasizes.

"We’re very pleased to become a part of Lingsoft and its future plans. Lingsoft's scientific approach to language technologies is widely acknowledged and appreciated," says Juhani Selänniemi, former Managing Director of Imagetalk Oy.

For further information, please contact:

Juhani Selänniemi
Chief Production Officer
Lingsoft Oy
Tel. +358 2 279 3351,
Mobile +358 40 845 4331

Jarmo Heikkilä
Sales Director
Lingsoft Oy
Tel. +358 2 279 3300
Mobile + 358 40 846 4331