VECOMMERCE ANNOUNCES ANOTHER LARGE CONTRACT

When will the market react to this performing company?
Gatesy....



VECOMMERCE LIMITED 2002-07-09 ASX-SIGNAL-G
HOMEX - Sydney
+++++++++++++++++++++++++
VeCommerce Limited (ASX: VCM), a global leader in the provision of
natural language speech recognition (NLSR) and voice enabled
e-commerce solutions, today announced that it has been awarded a
contract by one of Australia's leading diversified financial services
groups.

Utilising the latest in communications and speech recognition
technology, VeCommerce will provide a voice enabled solution allowing
callers to get easy access to the broad range of products and
services the company offers.

The initial installation is expected to result in more than $1
million of revenue for VeCommerce in FY2003. The system can be easily
expanded as user acceptance of the technology drives further
applications and a subsequent larger capacity.

The implementation of natural language speech recognition in a major
financial services organisation is seen as a significant breakthrough
for VeCommerce in this important market.

For more information, contact:

Paul Magee
MANAGING DIRECTOR
tel: +61 2 9428 9555
e-mail: [email protected]

ABOUT VECOMMERCE - THE FUTURE IS HEAR(R)

More information about VeCommerce can be found by visiting the
company's web site at www.vecommerce.com.