iVoice Technology, Inc. Company Interview: Jerome R. Mahoney

• On 1:06 pm EDT, Tuesday September 22, 2009

67 WALL STREET, New York - September 22, 2009 - The Wall Street Transcript has just published its Alternative Energy/Clean Energy/Power Generation/Utilities Report report offering a timely review of the sector to serious investors and industry executives. This 83 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Long Term Perspective on Alternative Energy Industry -- Leading Indicators for Alternative Energy Components Companies -- Mergers and Acquisitions in the Alternative Energy Industry -- Break Even Business Fundamentals for Carbon Free Energy Providers -- Development of Carbon Free Energy Production Infrastructure -- NAT GAS Act -- New Players in the Alternative Energy Industry -- Solar Power Cell Manufacturers Market Strategy -- Demand Response for Raw Materials for Solar Cell Production -- Alternative Energy Investment Opportunities -- Multiple Stock Winners in Carbon Free Production Industry -- Government Funding of Alternative Energy Power Providers -- Chinese Solar Energy Companies -- Alternative Energy Hedge Fund Investors -- Commodity Cycles -- Determinants of Market Valuations in the Alternative Energy Production Industry -- Carbon Emissions Statistics -- Energy Efficiency Statistics -- Innovations in Solar and Wind Power Generation -- Business Economics for Methane Based Power Generation -- Electric Vehicles Projections and Statistics-- Cap and Trade Projections and Statistics -- Development of Battery Technology -- Regulatory Environment Developments for Solar, Wind, and Alternative Energy -- Hybrid Vehicles Development and Sales Projections

Companies include: Tanfield (TAN.L); Smith Electric Vehicles U.S.; Valence (VLNC); Spire (SPIR); Newport (NEWP); MYR Group (MYRG); Primoris (PRIM); Tetra Tech (TTEK); EnerNOC (ENOC); Comverge (COMV); EnergyConnect (ECNG.OB); Calgon Carbon (CCC); and Ener1 (HEV); Westport Innovations (WPRT); Clean Energy Fuels (CLNE); Fuel Systems Solutions (FSYS); FuelCell Energy (FCEL); FEI Company (FEIC); Veeco (VECO); AT&T (ATT); Landi Renzo (LR.MI); Teleflex (TFX); Royal Dutch Shell (RDS.A); Wal-Mart (WMT); Pepsico (PEP); FuelMaker; Chevrolet; GM; Honda (HMC); Itron (ITRI); Siemens (SI); American Superconductor (AMSC); GE (GE); and ABB (ABB);

In the following brief excerpt from the 83 page report, Jerome R. Mahoney, Founder of iVoice Technology, Inc., discusses the company and the outlook for the sector and for investors.

TWST: Let's start with a brief history of B Green Innovations?

Mr. Mahoney: B Green Innovations is a wholly owned subsidiary of iGreen Innovations and the ticker symbol that's on the Bulletin Board is IVOT. Basically, we started out initially in software in iGreen Innovations and, over the last 13 months we've moved into making products from recycled tires. Our go-green mission from its inception is to create a green company for the development of solutions to eliminate waste from the environment. We offer the consumer a realistic and necessary solution to the problem of recycled tires and tire waste around the world. We want to have a true impact on the planet and, we're committed to getting rid of the environmental waste from recycled tires.

TWST: Would you tell us which products you actually have in commercial production at this time?

Mr. Mahoney: Right now we make two products. The first is called EcoPod. EcoPod is an industrial product, it's a square block, and it's made from pure recycled tires. It's 100% environmentally friendly and a 100% green product. It sits under condensers, compressors, pumps, generators, hot water heaters and furnaces, and it stops them from shaking and vibrating, decreasing the amount of energy the machine uses. In addition, it increases the life cycle of the motor, and also helps to stop oil and Freon from leaking into the environment because it doesn't vibrate as much. The second product that we make is called VibeAway, which has been a tremendous product for us. It's been on the market now for about five months, and it is a consumer-driven residential product that sits under washing machines. It's a recycled tire product, 100% green, 100% environment friendly, and it stops washing machines from vibrating and shaking. There is a huge problem with machines that vibrate and shake, that drive people nuts and walk all over the floor. The VibeAway sits under the four legs of the washing machine and prevents it from moving all over the floor. Moreover, it decreases the amount of energy that the machine uses, increases the life cycle of the motor, helps keep your floor intact and prevents you from getting a headache from having to listen to your machine vibrate. It's also been used for dryers, table saws, freezers and other large applications.

TWST: Is there any other company that does what B Green does?

Mr. Mahoney: There are some other companies that make anti-vibration pads, but there aren't any other companies that make pure green products from 100% recycled tires. Tires are a huge problem in the environment. There's over 290 million tires from trucks that are discarded by Americans every year, according to the EPA. These stockpiles can catch fire and are a breeding ground for rodents, insects, West Nile disease and the like. So there isn't any other company we know of that makes their anti-vibration products from 100% recycled tires.

TWST: Are the adverse economic conditions having any impact on your end market at all?

Mr. Mahoney: The VibeAway product is relatively new to the marketplace, and it's a pretty exciting product. We haven't seen the economic recession affect us at all because there are a number of people out there that have a large problem with shaking and walking washing machines. Several months ago, Consumer Reports did a large blog on this, where they listed all the washing machines and manufacturers, and all the related problems. So again, we haven't been adversely affected by the economic recession, although that may happen later on. What we do know is that the product is a green one, helping to solve a live issue, and it has been good for us.

TWST: Which end product has the most demand and attraction - would that be the EcoPod or VibeAway?

Mr. Mahoney: The VibeAway has the most demand and appeal right now. That's where we've gotten the most bang for our buck. It has been tested and evaluated for distribution by some of the major retail box companies and also by several large washing machine manufacturers. Within five months we've gotten partners throughout the United States, and we also have distribution outlets in Canada. So the product has been extremely well accepted in the marketplace. The retail price is in the range of $20 to $26 for a set of four. So it's also got a good retail price.

TWST: How freely are the tires available to process?

Mr. Mahoney: There are over 290 million that are discarded annually, so there's plenty of tires available to us. Everything is manufactured here in the United States. We own the technology and equipment, and we outsource the manufacturing end of it.

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