Vestec aims to popularize, commoditize and demystify speech recognition by leveraging unique Artificial Intelligence (AI) technologies to create powerful, low-cost, standards-based ASR and NLU engines. We believe speech recognition has not enjoyed widespread acceptance due to: (a) high cost of speech enabling products; (b) poor recognition accuracy of speech software; (c) poor semantic interpretation of recognized results; and (d) overall difficulty of speech application development and maintenance.