SALT LAKE CITY--(BUSINESS WIRE)--Feb. 11, 2005--Fonix(R) Corp. (OTC BB: FNIX), an integrated communications carrier providing telecommunications services and value-added speech technologies, today filed a Form 8-K with the Securities and Exchange Commission relating to a transaction in respect of the company`s Series I Preferred Stock. The company issued 3,874,092 shares of its Class A common stock on Feb. 8, 2005 in redemption of shares of the company`s Series I Preferred Stock. The shares of Class A common stock were registered under a previously filed Form S-2 registration statement filed with the Securities and Exchange Commission on March 5, 2004.

About Fonix

Fonix Corp., based in Salt Lake City, is an innovative communications and technology company that provides integrated telecommunications services and value-added speech technologies. Through Fonix Telecom Inc., Fonix provides a full array of wireline voice, data, long distance and Internet telephone service utilizing traditional lines as well as next-generation networks such as Voice over Internet Protocol, Broadband Over Power Lines and fixed wireless technology. In addition, The Fonix Speech Group currently offers voice technology solutions for mobile/wireless devices; interactive videogames, toys and appliances; computer telephony systems; the assistive market; and automotive telematics. The combination of interactive speech technology and integrated telecommunications services allows Fonix to provide customers with comprehensive cost-effective solutions to enhance and expand their communications needs.