SPEECHWORKS INTERNATIONAL –

Boston

Went public 8/1/2000 at $20 per share

Filing Range: 4.75 mil. shares @ $17 to $19

Shares Outstanding: 29 mil. shares

Underwriters: Chase H&Q/J.P. Morgan & Co. Inc./U.S. Bancorp Piper

Jaffray

Company Counsel: Mintz Levin Cohn Ferris Glovsky & Popeo

Manager Counsel: Hale & Dorr LLP

Auditor: Pricewaterhouse Coopers LLP

The Company:

Develops speech recognition software designed for telephone and Internet transaction services. ALTech enables people to talk to computers over the telephone in a natural way. Currently, the company offers systems in 10 languages. The company targets the brokerage, banking, travel and telecommunications industries.

Venture Backers:

BA Venture Partners

Intel Corp.

Charles River Ventures

Atlas Venture

Riggs Capital Partners

Navigate Ventures

America Online Inc.

Financing Rounds:

Number of Round Amt.

Round # Round Date Stage Investors ($ thousands)

1 08/01/1995 2 Early Stage 2000.0

2 10/01/1996 3 Later Stage 4200.0

3 02/17/1997 5 Later Stage 6700.0

4 04/01/1998 4 Expansion 5000.0

5 06/29/1999 7 Later Stage 24000.2

6 07/06/2000 3 Expansion 5000.0

Financials:

(Data in $ millions)

Y/E

12/31/99

Total Revenues: $14.0

Net Income: -15.5