Lifeboat to Distribute Philips Professional Dictation Workflow Solutions

PRESS RELEASE

FOR IMMEDIATE RELEASE

Lifeboat to Distribute Philips Professional Dictation Workflow Solutions – Agreement covers Philips SpeechMike Premium, Philips Pocket Memo and Philips SpeechExec Pro software – Shrewsbury, NJ, October 22, 2013 – Lifeboat Distribution, an international specialty software distributor for virtualization and other technically sophisticated products, today announced an agreement with Speech Processing Solutions to distribute that company’s line of professional dictation solutions and dictation recorders to resellers and solution providers in the United States. Speech Processing Solutions is the leading manufacturer of professional Philips dictation systems and market innovator in digital dictation, transcription, and voice workflow solutions. Products covered by the distribution agreement include the Philips SpeechExec Pro dictation and transcription workflow software, as well as the Philips SpeechMike microphone line-up and Pocket Memo dictation recorders and related accessories. “At Speech Processing Solutions, we are very enthusiastic about this opportunity and our new partnership with Lifeboat,” said Marsha Taicher, Vice President and Sales Director at Speech Processing Solutions North America. “Our companies’ shared commitment to providing partners, customers and prospects with industry leading hardware and software products as well as exceptional service will make this partnership very successful.” “We are delighted to partner with Speech Processing Solutions to help expand their U.S. channel footprint,” said Dan Jamieson, Vice President and General Manager, Lifeboat Distribution. “Our reseller partners will see tremendous business opportunity as they help their customers – in industries such as legal, healthcare, insurance, and law enforcement – capture and transform the spoken word quickly and reliably into usable information.” Resellers will be able to offer these solutions in conjunction with Nuance Dragon NaturallySpeaking speech recognition software. The Philips SpeechMike Premium USB microphone and Philips Pocket Memo recorders recently received Nuance’s highest accuracy rating with the latest version of Dragon NaturallySpeaking. - more -

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Speech Processing Solutions Professional Dictation Workflow Solutions will be promoted to resellers as part of Lifeboat's exclusive Business Productivity World View product ecosystem. Resellers and solutions providers interested in offering Speech Processing Solutions’ line-up of Philip voice products should contact Lifeboat by phone at +1.800.847.7078, or by email at [email protected]. About Lifeboat Distribution Lifeboat Distribution, a subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG), is an international specialty software distributor for virtualization/cloud computing, security, application and network infrastructure, business continuity/disaster recovery, database infrastructure and management, application lifecycle management, science/engineering, and other technically sophisticated products. The company helps software publishers recruit and build multinational solution provider networks, power their networks, and drive incremental sales revenues that complement existing sales channels. Lifeboat Distribution services thousands of solution providers, VARs, systems integrators, corporate resellers, and consultants worldwide, helping them power a rich opportunity stream, expand their margin+ services revenues, and build profitable product and service businesses. For more information, visit http://www.lifeboatdistribution.com, or call +1.800.847.7078 (US), +1.732.389.0037 (International), +1.888.523.7777 (Canada), or +31.36.8200.236 (Europe). Follow Lifeboat Distribution on Twitter (@LifeboatVAD) and Facebook (LifeboatDistribution). About Speech Processing Solutions For more than 50 years, Speech Processing Solutions is the driving force in delivering excellence in dictation and speech technologies. With its headquarters and production centre located in Vienna, Austria, Speech Processing Solutions is the world leader in professional digital and analogue dictation. From revolutionary desktop and mobile dictation solutions, to note taking and meeting recording, over entire workflow solutions with the SpeechExec software family, our Philips products can be tailored to individual requirements. Speech Processing Solutions constantly reinvents the world of digital dictation solutions with ground-breaking products such as the Philips SpeechMike Premium, the Philips Digital Pocket Memo or Mobile Dictation Apps for all major platforms helping professionals work in the easiest, most reliable and efficient manner every day. For more information, visit: www.philips.com/dictation. Contact Media Relations [email protected] (732) 389-0932 x7393 ### Lifeboat is a registered trademark, and the World View hexagon is a trademark of Lifeboat Distribution in the US and other countries.