================================================================================

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

 [X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES
      EXCHANGE ACT OF 1934

                  FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2006

                                       OR-

 [ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES
      EXCHANGE ACT OF 1934

           For the transition period from ____________ to ____________

Commission file number: 333-120507

                                SPEECHSWITCH, INC
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

          NEW JERSEY                                       20-1862816
--------------------------------------------------------------------------------
(State or other jurisdiction of                  (I.R.S.Employer incorporation
     Identification No.)                               or organization)

          750 HIGHWAY 34
            MATAWAN, NJ                                      07747
--------------------------------------------------------------------------------
(Address of Principal Executive Offices)                   (Zip Code)

Registrant's Telephone Number, Including Area Code: (732) 441-7700

Securities registered under Section 12(b) of the Exchange Act: NONE.

Securities registered under Section 12(g) of the Exchange Act:
CLASS A COMMON STOCK, NO PAR VALUE PER SHARE

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15 (d) of the Securities Exchange Act of 1934
during the preceding 12 months (or for such shorter period that the registrant
was required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days. YES [X] NO [ ]

Indicate by check mark whether the registrant is a shell company (as defined in
Rule 12b-2 of the Exchange Act).
Yes [ ] No [X]

Number of shares of Class A Common Stock, no par value, outstanding as of May
11, 2006:  18,459,530
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<PAGE>

                                TABLE OF CONTENTS
                                -----------------



PART I.  FINANCIAL INFORMATION

         Item 1.  Condensed Financial Statements (Unaudited)

              Balance Sheet - March 31, 2006                                  2

              Statements of Operations -
              For the three months ended March 31, 2006 and 2005              3
              Statements of Cash Flows -
              For the three months ended March 31, 2006 and 2005              4

              Notes to Condensed Financial Statements                      5-16

         Item 2.  Management's Discussion and Analysis of Financial
                  Condition or Plan of Operation                          17-22

         Item 3.  Controls and Procedures                                    23

PART II. OTHER INFORMATION

         Item 6.  Exhibits                                                   24


<PAGE>

ITEM 1.  FINANCIAL STATEMENTS.

                               SPEECHSWITCH, INC.
                       CONDENSED BALANCE SHEET (Unaudited)
                                 MARCH 31, 2006
<TABLE><CAPTION>
                                     ASSETS

CURRENT ASSETS
<S>                                                                       <C>
Cash and cash equivalents                                                 318,689
Accounts receivable                                                         7,885
Prepaid expenses                                                           10,930
                                                                     ------------
      Total current assets                                                337,504
                                                                     ------------

OTHER ASSETS

Intangible assets, net                                                     11,679
                                                                     ------------
TOTAL ASSETS                                                              349,183
                                                                     ============

                       LIABILITIES & STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES

Accounts payable and accrued expenses                                     344,282
Due to related parties                                                    108,813
Notes payable to related parties                                          190,000
Deferred maintenance contracts                                              1,174
Notes payable                                                           1,000,000
                                                                     ------------
      Total current liabilities                                         1,644,269
                                                                     ------------

STOCKHOLDERS' (DEFICIT)

Preferred stock, $1.00 par value; authorized 1,000,000 shares;               --
  no shares issued and outstanding
Common stock:
  Class A - no par value; authorized 10,000,000,000 shares;
    15,103,280 shares issued, 14,595,613 outstanding, 507,667
    held in escrow                                                        143,617
  Class B - $.01 par value; authorized 50,000,000 shares;                    --
    no shares issued and outstanding
  Class C - $.01 par value; authorized 20,000,000 shares;                    --
    no shares issued and outstanding
Additional paid in Capital                                              2,164,922
Accumulated deficit                                                    (3,603,625)
                                                                     ------------
      Total stockholders' (deficit)                                    (1,295,086)
                                                                     ------------
TOTAL LIABILITIES & STOCKHOLDERS' (DEFICIT)                               349,183
                                                                     ============
</TABLE>
              The accompanying notes are in integral part of these
                         condensed financial statements.

                                        2
<PAGE>

                                SPEECHSWITCH, INC
                 CONDENSED STATEMENTS OF OPERATIONS (Unaudited)
               FOR THE THREE MONTHS ENDED MARCH 31, 2006 AND 2005
<TABLE><CAPTION>
                                                                         2006            2005
                                                                     ------------    ------------
<S>                                                                  <C>             <C>
SALES, net                                                           $      7,333    $     15,210

COST OF SALES                                                               7,150           7,368
                                                                     ------------    ------------

GROSS PROFIT                                                                  183           7,842
                                                                     ------------    ------------

SELLING GENERAL AND ADMINISTRATIVE EXPENSES

   Selling and marketing expenses                                          37,015           6,714
   General and administrative expenses                                     83,376         136,713
   Research and development expenses                                       16,092            --
   Depreciation and amortization                                              851            --
                                                                     ------------    ------------
Total selling general and administrative expenses                         137,334         143,427
                                                                     ------------    ------------

LOSS FROM CONTINUING OPERATIONS                                          (137,151)       (135,585)
                                                                     ------------    ------------

OTHER INCOME ( EXPENSE)
   Other income                                                             2,042           1,267
   Interest expense                                                      (101,571)        (31,021)
                                                                     ------------    ------------
Total other income (expense)                                              (99,529)        (29,754)
                                                                     ------------    ------------

LOSS FROM OPERATIONS BEFORE INCOME TAXES                                 (236,680)       (165,339)

PROVISION FOR INCOME TAXES                                                   --              --
                                                                     ------------    ------------

NET LOSS APPLICABLE TO COMMON SHARES                                 $   (236,680)   $   (165,339)
                                                                     ============    ============

NET LOSS PER COMMON SHARE
   Basic                                                             $      (0.02)   $      (0.02)
                                                                     ============    ============

WEIGHTED AVERAGE SHARES OUTSTANDING
   Basic                                                               12,641,345      10,500,000
                                                                     ============    ============
</TABLE>
              The accompanying notes are in integral part of these
                         condensed financial statements.

                                        3
<PAGE>

                                SPEECHSWITCH, INC.
                  CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)
                  FOR THE THREE MONTHS ENDED MARCH 31, 2006 AND 2005
<TABLE><CAPTION>
                                                                         2006            2005
                                                                     ------------    ------------
<S>                                                                  <C>             <C>
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss                                                             $   (236,680)   $   (165,339)
   Adjustments to reconcile net loss to net cash (used in)
   operating activities
   Depreciation and amortization                                              851            --
Common stock issued for legal services                                     42,000            --
   Issuance of common stock for repayment of deferred compensation         42,000            --
   Changes in certain assets and liabilities:
   Decrease in accounts receivable                                         12,218           3,300
   (Increase) in prepaid expenses                                          (4,651)           --
   Increase in accounts payable and accrued liabilities                    22,269          37,555
   Increase (decrease) in due to related parties                            5,596          (2,384)
   Increase (decrease) in deferred maintenance contracts                     (234)          3,449
                                                                     ------------    ------------
      Total cash (used in) operating activities                          (116,631)       (123,419)
                                                                     ------------    ------------

CASH FLOWS FROM FINANCING ACTIVITIES
Issuance of common stock through equity financing                          42,085            --
Issuance costs incurred through equity financing                           (6,485)           --
Sale of convertible debentures                                               --           200,000
                                                                     ------------    ------------
      Net cash provided by financing activities                            35,600         200,000
                                                                     ------------    ------------

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                      (81,031)         76,581

CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD                           399,720         576,232
                                                                     ------------    ------------
CASH AND CASH EQUIVALENTS - END OF PERIOD                            $    318,689    $    652,813
                                                                     ============    ============

CASH PAID DURING THE PERIOD FOR:
   Interest expense                                                  $       --      $       --
                                                                     ============    ============
   Income taxes                                                      $       --      $       --
                                                                     ============    ============
</TABLE>
              The accompanying notes are in integral part of these
                         condensed financial statements.

                                        4
<PAGE>

NOTE 1 - BACKGROUND

The condensed unaudited interim financial statements included herein have been
prepared, without audit, pursuant to the rules and regulations of the Securities
and Exchange Commission ("SEC"). The condensed financial statements and notes
are presented as permitted on Form 10-QSB and do not contain information
included in the Company's annual statements and notes. Certain information and
footnote disclosures normally included in financial statements prepared in
accordance with accounting principles generally accepted in the United States of
America have been condensed or omitted pursuant to such rules and regulations,
although the Company believes that the disclosures are adequate to make the
information presented not misleading. It is suggested that these condensed
financial statements be read in conjunction with the December 31, 2005 audited
financial statements and the accompanying notes thereto. While management
believes the procedures followed in preparing these condensed financial
statements are reasonable, the accuracy of the amounts are in some respects
dependent upon the facts that will exist, and procedures that will be
accomplished by the Company later in the year.

These condensed unaudited financial statements reflect all adjustments,
including normal recurring adjustments which, in the opinion of management, are
necessary to present fairly the operations and cash flows for the periods
presented.

SpeechSwitch, Inc. ("SpeechSwitch" or "Company") was incorporated under the laws
of New Jersey on November 10, 2004 as a wholly owned subsidiary of iVoice, Inc.
("iVoice"). The Company received by assignment all of the interests in and
rights and title to, and assumed all of the obligations of, all of the
agreements, contracts, understandings and other instruments of iVoice Technology
3, Inc., a Nevada corporation and affiliate of the Company. When we refer to or
describe any agreement, contract or other written instrument of the Company in
these notes, we may also be referring to an agreement, contract or other written
instrument that had been entered into by iVoice Technology 3 and thereafter
assigned to the Company.

In September 2004, the Board of Directors of iVoice, Inc. the former parent of
the Company, resolved to pursue the separation of iVoice software business into
three publicly owned companies. SpeechSwitch intends to continue to develop,
market and license the automated speech attendant software, which runs on
industry-standard hardware and performs speech recognition.

A spin-off transaction was accomplished, on August 5, 2005, by the assignment,
contribution and conveyance of certain intellectual property, representing the
software codes of speech recognition, and certain accrued liabilities and
related party debt into SpeechSwitch (the "Spin-off"). The Class A Common Stock
shares of the Company were distributed to iVoice shareholders in the form of a
taxable special dividend distribution.

                                        5
<PAGE>

NOTE 1 - BACKGROUND (CONTINUED)
-------------------------------

In conjunction with the Spin-off, SpeechSwitch entered into a temporary
administrative service agreement with iVoice. This agreement will continue on a
month-to-month basis until such time as we are able to replace any or all of the
services currently being provided by iVoice.

On August 5, 2005, SpeechSwitch assumed $190,000 in accrued liabilities and
related party debt incurred by iVoice. The debt assumed is convertible into
SpeechSwitch Class B Common Stock at the option of the holder as later described
in these notes.

On August 4, 2005, the Company received notice from the SEC that the
registration statement to effectuate the Spin-off of the SpeechSwitch from
iVoice was declared effective and the Company immediately embarked on the
process to spin off SpeechSwitch from iVoice.


NOTE 2 - BUSINESS OPERATIONS
----------------------------

The Company will continue to develop, market and license the lines of business
relating to iVoice's Speech-Enabled Auto Attendant, Name Dialer and Speech
Software Developers Kit (Speech SDK) products, which were developed by iVoice.
Speech recognition is used to recognize what a person says, and through the use
of natural language understanding, derives the meaning of what is said. The
Company also offers a range of support services that enable its customers and
channel partners to develop voice-driven applications that use the Company's
software.

NOTE 3 - GOING CONCERN
----------------------

The accompanying financial statements have been prepared in conformity with
accounting principles generally accepted in the United States of America, which
contemplates continuation of the Company as a going concern. The Company's
previous financial results and operations were reflected in the consolidated
financial statements and accounting records of iVoice, and reflected significant
assumptions and allocations. The Company has relied on iVoice for
administrative, management, research and other services.

As of March 31, 2006, the Company had a net loss, a negative cash flow from
operations, as well as negative working capital. These matters raise substantial
doubt about the Company's ability to continue as a going concern. Therefore,
recoverability of a major portion of the recorded asset amounts shown in the
accompanying balance sheets is dependent upon continued operations of the
Company, which in turn, is dependent upon the Company's ability to raise capital
and/or generate positive cash flow from operations.

The financial statements do not include any adjustments relating to the
recoverability and classification of recorded assets, or the amounts and
classification of liabilities that might be necessary in the event the Company
cannot continue in existence.


                                        6
<PAGE>

NOTE 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
---------------------------------------------------

a) Basis of Presentation

The accompanying unaudited condensed financial statements have been prepared in
accordance with accounting principles generally accepted in the United States
for interim financial information and with the instructions to Form 10-QSB and
Regulation S-B. Accordingly, they do not include all of the information and
footnotes required by generally accepted accounting principles for complete
financial statements.

In the opinion of management, all adjustments (consisting only of normal
recurring adjustments) considered necessary for a fair presentation have been
included. It is suggested that these condensed financial statements be read in
conjunction with the December 31, 2005 audited financial statements and the
accompanying notes thereto.

b) Use of Estimates

The preparation of financial statements in conformity with accounting principles
generally accepted in the United States of America requires management to make
estimates and assumptions that affect the reported amounts of assets and
liabilities and disclosure of contingent assets and liabilities at the date of
the financial statements and the reported amounts of revenue and expenses during
the reporting period. Actual results could differ from those estimates.

c) Revenue Recognition

The Company derives its revenues from the licensing of its software product and
optional customer support (maintenance) service. The Company's standard license
agreement provides for a one-time fee for use of the Company's product in
perpetuity for each computer or CPU in which the software will reside. The
Company's software application is fully functional upon delivery and
implementation and does not require any significant modification or alteration.
The Company also offers customers an optional annual software maintenance and
support agreement for the subsequent one-year periods. Such maintenance and
support services are free for the first year the product is licensed and is
considered the warranty period. The software maintenance and support agreement
provides free software updates, if any, and technical support the customer may
need in deploying or changing the configuration of the software. Generally, the
Company does not license its software in multiple element arrangements whereby
the customer purchases a combination of software and maintenance. In a typical
arrangement, software maintenance services are sold separately from the software
product; are not considered essential to the functionality of the software and
are purchased at the customer's option upon the completion of the first year
licensed.

The Company does not offer any special payment terms or significant discount
pricing. Normal and customary payment terms require payment for the software
license fees when the product is shipped. Payment for software maintenance is
due prior to the commencement of the maintenance period. It is also the
Company's policy to not provide customers the right to refund any portion of its
license fees. With respect to the sale of software license fees, the Company
recognizes revenue in accordance with Statement of

                                        7
<PAGE>

NOTE 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
---------------------------------------------------------------

Position 97-2, Software Revenue Recognition (SOP 97-2), as amended, and
generally recognizes revenue when all of the following criteria are met: (1)
persuasive evidence of an arrangement exists generally evidenced by a signed,
written purchase order from the customer, (2) delivery of the software product
on Compact Disk (CD) or other means to the customer has occurred, (3) the
perpetual license fee is fixed or determinable and (4) collectibility, which is
assessed on a customer-by-customer basis, is probable.

With respect to customer support services, upon the completion of one year from
the date of sale, considered to be the warranty period, the Company offers
customers an optional annual software maintenance and support agreement for
subsequent one-year periods. Sales of purchased maintenance and support
agreements are recorded as deferred revenue and recognized over the respective
terms of the agreements.

d) Product Warranties

The Company estimates its warranty costs based on historical warranty claims
experience in estimating potential warranty claims. Due to the limited sales of
the Company's products, management has determined that warranty costs are
immaterial and has not included an accrual for potential warranty claims.
Presently, costs related to warranty coverage are expensed as incurred. Warranty
claims are reviewed quarterly to verify that warranty liabilities properly
reflect any remaining obligation based on the anticipated expenditures over the
balance of the obligation period.

e) Research and development costs

Research and development costs will be charged to operations as incurred.

f) Inventory

Inventory, consisting primarily of system components such as computer
components, voice cards, and monitors, is valued at the lower of cost or market.
Cost is determined on a first-in, first-out basis.

g) Advertising Costs

Advertising costs are expensed as incurred and included in selling expenses. For
the three months ended March 31, 2006 and 2005, advertising expense amounted to
$2,440 and $0, respectively.

h) Cash and Cash Equivalents

The Company considers all highly liquid investments purchased with original
maturities of three months or less to be cash equivalents. There were no cash
equivalents at March 31, 2006.

The Company maintains cash and cash equivalent balances at a financial
institution that is insured by the Federal Deposit Insurance Corporation up to
$100,000. The uninsured cash balances at March 31, 2006 were $226,988.

                                        8
<PAGE>

NOTE 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
---------------------------------------------------------------

i) Income Taxes

The Company accounts for income taxes under the Financial Accounting Standards
Board ("FASB") No. 109, "Accounting for Income Taxes" ("Statement 109"). Under
Statement 109, deferred tax assets and liabilities are recognized for the future
tax consequences attributable to differences between the financial statement
carrying amounts of existing assets and liabilities and their respective tax
basis. Deferred tax assets and liabilities are measured using enacted tax rates
expected to apply to taxable income in the years in which those temporary
differences are expected to be recovered or settled. Under Statement 109, the
effect on deferred tax assets and liabilities of a change in tax rates is
recognized in income in the period that includes the enactment date.

j) Intangible Assets

In May and in December 2003, the Company was issued two patents by the U.S.
Patent and Trademark Office for its Speech-Enabled Automatic Telephone Dialer.
The patents expire 20 years from the date of the original patent filings. All
accumulated costs incurred with respect to the Company's patent filings have
been capitalized. Costs related specifically to the awarded patents are now
being amortized on a straight basis over the life of the patents. All
capitalized intangibles have been reviewed for impairment. In doing so,
management has determined there has been no impairment of the intangible assets
at March 31, 2006.

k) Earnings (Loss) Per Share

SFAS No. 128, "Earnings Per Share" requires presentation of basic earnings per
share ("basic EPS") and diluted earnings per share ("diluted EPS").

For the three months ended March 31, 2006, the computation of basic earnings per
share is computed by dividing income available to common shareholders by the
number of shares issued via the spin-off from iVoice, Inc. Diluted earnings per
share gives effect to all dilutive potential Common shares outstanding during
the period. The computation of diluted EPS does not assume conversion, exercise
or contingent exercise of securities that would have an anti-dilutive effect on
earnings resulting from the Company's net loss position.


The weighted shares used in the computation are as follows:

                                                               As of
                                                          March 31, 2006
                                                          --------------
 Basic and Diluted EPS Purposes                             12,641,345

The company had no common stock equivalents at March 31, 2006.

                                        9
<PAGE>

NOTE 4 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
---------------------------------------------------------------

l) Recent Accounting Pronouncements

In December 2003, the FASB issued Interpretation No. 46-R, "Consolidation of
Variable Interest Entities" (FIN 46-R). FIN 46-R, which modifies certain
provisions and effective dates of FIN No. 46, sets forth criteria to be used in
determining whether an investment in a variable interest entity should be
consolidated, and is based on the general premise that companies that control
another entity through interests other than voting interests should consolidate
the controlled entity. The provisions of FIN 46 became effective for the Company
during the third quarter of fiscal 2004. The adoption of this new standard did
not have any impact on the Company's financial position, results of operations
or cash flows.

On December 16, 2004, the Financial Accounting Standards Board ("FASB")
published Statement of Financial Accounting Standards No. 123 (Revised 2004),
Share-Based Payment ("SFAS 123R"). SFAS 123R requires that compensation cost
related to share-based payment transactions be recognized in the financial
statements. Share-based payment transactions within the scope of SFAS 123R
include stock options, restricted stock plans, performance-based awards, stock
appreciation rights, and employee share purchase plans. The provisions of SFAS
123R are effective for small business issuers as of the first interim period
that begins after December 15, 2005. Accordingly, the Company implemented the
revised standard in the fourth quarter of fiscal year 2005. Prior to December
31, 2005, the Company accounts for its share-based payment transactions under
the provisions of APB 25, which does not necessarily require the recognition of
compensation cost in the financial statements. For the quarter ended March 31,
2006, FAS 126R did not have any impact on the financial statements.

On December 16, 2004, FASB issued Financial Accounting Standards No. 153,
Exchanges of Non-monetary Assets, an amendment of APB Opinion No. 29, Accounting
for Non-monetary Transactions ("FAS 153"). This statement amends APB Opinion 29
to eliminate the exception for non-monetary exchanges of similar productive
assets and replaces it with a general exception for exchanges of non-monetary
assets that do not have commercial substance. Under FAS 153, if a non-monetary
exchange of similar productive assets meets a commercial-substance criterion and
fair value is determinable, the transaction must be accounted for at fair value
resulting in recognition of any gain or loss. FAS153 is effective for
non-monetary transactions in fiscal periods that begin after June 15, 2005. The
Company does not anticipate that the implementation of this standard will have a
material impact on its financial position, results of operations or cash flows.

                                       10
<PAGE>

NOTE 5 - INTANGIBLE ASSETS
--------------------------

Intangible assets consist of accumulated costs incurred with respect to the
Company's patent filings originally paid for by iVoice for $24,000 in May and
December 2003. The asset is reflected at its original cost net of accumulated
amortization of $10,930, from the date acquired by iVoice. Another patent was
purchased on August 26, 2005, which is included in this amount. The assets are
being amortized over a 5-year period.

In accordance with FAS 142 goodwill and indefinite-lived intangible assets are
reviewed for impairment at least annually, and whenever events or changes in
circumstances indicate the carrying amounts of the assets may be impaired. We
have elected to perform our impairment review during the fourth quarter of each
year, in conjunction with our annual planning cycle. The Company has determined
no impairment of goodwill or other indefinite-lived intangible assets was
necessary at March 31, 2006.

NOTE 6 - RELATED PARTY TRANSACTIONS
-----------------------------------

In conjunction with the Spin-off, SpeechSwitch has entered into a temporary
administrative services agreement with iVoice. The administrative services
agreement will continue on a month-to-month basis until SpeechSwitch has found
replacement services for those services being provided by iVoice or can provide
these services for itself.

Pursuant to the employment agreements between Mr. Mahoney and SpeechSwitch,
Inc., the Company has accrued $108,813 of deferred compensation due to Mr.
Mahoney as of March 31, 2006.

The Company also assumed an outstanding promissory note in the amount of
$190,000 payable to Jerry Mahoney, President and Chief Executive Officer of
iVoice and non-executive Chairman of the Board of SpeechSwitch. This amount is
related to funds loaned to iVoice and is unrelated to the operations of
SpeechSwitch. The note will bear interest at the rate of Prime plus 2.0% per
annum on the unpaid balance until paid. Under the terms of the Promissory Note,
at the option of the Promissory Note holder, principal and interest can be
converted into either (i) one share of SpeechSwitch Class B Common Stock, par
value $.01 per share, for each dollar owed, (ii) the number of shares of
SpeechSwitch Class A Common Stock calculated by dividing (x) the sum of the
principal and interest that the Note holder has requested to have prepaid by (y)
eighty percent (80%) of the lowest issue price of Class A Common Stock since the
first advance of funds under this Note, or (iii) payment of the principal of
this Promissory Note, before any repayment of interest.

As of November 8, 2004, the Company entered into a one-year employment contract
with Bruce R. Knef as President, Chief Executive Officer and Principal Financial
Officer. The Company will pay Mr. Knef a base salary of $85,000 during the term.
Mr. Knef can earn bonuses based on the Company achieving certain levels of sales
and profitability and will also be entitled to certain bonuses based on mergers
and acquisitions completed by the Company. The employment agreement with Mr.
Knef has been extended to November 7, 2006.

                                       11
<PAGE>

NOTE 6 - RELATED PARTY TRANSACTIONS (CONTINUED)
-----------------------------------------------

The Company entered into a five-year employment agreement with Jerome Mahoney,
its non-executive Chairman of the Board of Directors, effective August 3, 2004.
The Company will compensate Mr. Mahoney with a base salary of $85,000 for the
first year with annual increases based on the Consumer Price Index.

Mr. Mahoney has agreed to accept some of his compensation pursuant to this
Employment Agreement in the form of Class B Common Stock, par value $.01 per
share, in lieu of cash, for as long as the Board of Directors decides, in its
sole discretion, that the Company does not have the financial resources to pay
him in cash. The number of Class B Common Stock shares to be issued Mr. Mahoney
shall be equal to one share of Class B Common Stock for every dollar of
compensation due and owing the Executive. Mr. Mahoney will also be entitled to
certain bonuses based on mergers and acquisitions completed by the Company.

In conjunction with the Spin-off, SpeechSwitch has entered into temporary
administrative services agreement with iVoice. The administrative services
agreements will continue on a month-to-month basis until these companies have
found replacement services for those services being provided by iVoice or can
provide these services for itself.

NOTE 7 - INCOME TAXES
---------------------

Deferred income taxes will be determined using the liability method for the
temporary differences between the financial reporting basis and income tax basis
of the Company's assets and liabilities. Deferred income taxes will be measured
based on the tax rates expected to be in effect when the temporary differences
are included in the Company's tax return. Deferred tax assets and liabilities
are recognized based on anticipated future tax consequences attributable to
differences between financial statement carrying amounts of assets and
liabilities and their respective tax bases.

At March 31, 2006, deferred tax assets consist of the following:


       Deferred tax assets                           221,000
       Less: Valuation allowance                    (221,000)
                                                    ---------
       Net deferred tax assets                          -0-

At March 31, 2006, the Company had a federal net operating loss carry forward in
the approximate amounts of $649,000, available to offset future taxable income.
The Company established valuation allowances equal to the full amount of the
deferred tax assets due to the uncertainty of the utilization of the operating
losses in future periods.

                                       12
<PAGE>

NOTE 8 - DEBT
-------------

The Company had entered into a subscription agreement with certain purchasers
for the sale of $800,000 in convertible debentures. Additionally, the Company
had entered into a Standby Equity Distribution Agreement (the "SEDA") whereby
the Company, at their discretion, may periodically sell to an investor, shares
of Class A Common Stock to raise capital to fund its working capital needs.
These transactions will require the Company to register its common stock under
Section 12(g) of the Securities Exchange Act of 1934 and subsequently register
for resale a number of shares to facilitate these financial transactions. On
February 28, 2005, the SEDA was terminated.

On February 28, 2005, iVoice, Inc., on behalf of the Company, renegotiated the
terms and conditions with the holders of the convertible debentures. The holders
of the convertible debentures agreed to exchange the convertible debentures for
various promissory notes. The promissory notes will be in the aggregate amount
of $1,000,000, $800,000 loaned through the previously issued and exchanged
convertible debentures in 2004 and $200,000 advanced on February 28, 2005. A
commitment fee of 10% of the face amount of the previously issued convertible
debentures and recently issued promissory note was paid at the time of each
advance. The previously paid commitment fees were credited against commitment
fees due and owing against the promissory note. The balance of the commitment
fee owed from the recently issued promissory note was paid on February 28, 2005,
at the time that such $200,000 was advanced to the Company. As of March 31,
2006, the balance of the promissory notes was $1,000,000 plus accrued interest.

The promissory notes bear interest at the rate of 12% per annum. Weekly
principal installments of $10,000, plus interest, were to commence on September
1, 2005 and continue on the first day of each calendar month thereafter until
the principal is paid in full. The promissory notes mature on July 4, 2006 with
a lump sum payment due of any remaining principal and/or interest. The Company
is n default of the payment schedule and therefore, the balance has been
recorded as a current liability. To date, no weekly principal payments have been
made.

On August 31, 2005, SpeechSwitch, Inc. entered into a Standby Equity
Distribution Agreement (the "SEDA") with Cornell Capital Partners, LP ("Cornell
Capital Partners") (was amended and restated on December 12, 2005) whereby
Cornell Capital Partners agrees to purchase up to $10 million of the Company's
Class A Common Stock (the "Common Stock") over a two-year period. The purchase
price of the Common Stock shall be at ninety-five percent (95%) of the lowest
trading price of the Company's Common Stock during the five consecutive trading
day period following the notification by the Company of its request for an
advance from Cornell Capital Partners under the SEDA. In connection with the
SEDA, the Company entered into an Escrow Agreement, Registration Rights
Agreement and Placement Agent Agreement.

During February 2006, pursuant to the Standby Equity Distribution Agreement with
Cornell Capital Partners, the Company's registration statement on Form SB-2 with
the Securities and Exchange Commission and was declared effective.

                                       13
<PAGE>

NOTE 9 - CAPITAL STOCK
----------------------

Pursuant to SpeechSwitch's certificate of incorporation, as amended, the Company
is authorized to issue 10,000,000,000 shares of Class A Common Stock, no par
value per share, 50,000,000 shares of Class B Common Stock, par value $0.01 per
share, 20,000,000 shares of Class C Common Stock, par value $0.01 per share, and
1,000,000 shares of Preferred Stock, par value of $1.00 per share. Below is a
description of SpeechSwitch's outstanding securities, including Preferred Stock,
Class A Common Stock, Class B Common Stock, and Class C Common Stock.

a) Preferred Stock

SpeechSwitch is authorized to issue 1,000,000 shares of Preferred Stock, par
value $1.00 per share. As of March 31, 2006, SpeechSwitch has not issued any
shares of Preferred Stock.

b) Class A Common Stock

As of March 31, 2006, there are 10,000,000,000 shares of Class A Common Stock
authorized, no par value, 15,103,280 shares were issued, 14,595,613 shares were
outstanding, and 507,667 shares were held in escrow.

Each holder of Class A Common Stock is entitled to receive ratably dividends, if
any, as may be declared by the Board of Directors out of funds legally available
for payment of dividends. The Company has never paid any dividends on its common
stock and does not contemplate doing so in the foreseeable future. The Company
anticipates that any earnings generated from operations will be used to finance
its growth objectives.

For the three months ending March 31, 2006, the company had the following
transactions in its Class A common stock:

o    On January 18, 2006, the Company issued 1,000,000 shares of Class A common
     stock for legal services rendered, valued at $8,000, when the fair market
     value was $42,000. The difference of $34,000 has been recorded as a
     beneficial interest.

o    On January 18, 2006, the Company issued 1,000,000 shares of Class A common
     stock, with a total value of $8,000 to an officer of the Company as
     repayment of accrued salaries. The fair market value of the shares was
     $42,000. The difference of $34,000 has been recorded as a beneficial
     interest.

o    On March 7, 2006, the Company issued 526,316 shares of Class A common stock
     per the Equity Line of Credit with Cornell Capital valued at $10,000.

o    On March 14, 2006, the Company issued 438,596 shares of Class A common
     stock per the Equity Line of Credit with Cornell Capital valued at $10,000.

o    On March 23, 2006, the Company issued 526,316 shares of Class A common
     stock per the Equity Line of Credit with Cornell Capital valued at $10,000.

o    On March 28, 2006, the Company issued 389,105 shares of Class A common
     stock per the Equity Line of Credit with Cornell Capital valued at $10,000.

                                       14
<PAGE>

NOTE 9 - CAPITAL STOCK (CONTINUED)
----------------------------------

c) Class B Common Stock

As of March 31, 2006, there are 50,000,000 shares of Class B Common Stock
authorized, par value $.01 per share. Each holder of Class B Common Stock has
voting rights equal to 100 shares of Class A Common Stock. A holder of Class B
Common Stock has the right to convert each share of Class B Common Stock into
the number of shares of Class A Common Stock determined by dividing the number
of Class B Common Stock being converted by a 20% discount of the lowest price
that SpeechSwitch, Inc. had ever issued its Class A Common Stock.

Upon our liquidation, dissolution, or winding-up, holders of Class B Common
Stock will be entitled to receive distributions. As of March 31, 2006, no shares
were issued or outstanding.

d) Class C Common Stock

As of March 31, 2006, there are 20,000,000 shares of Class C Common Stock
authorized, par value $.01 per share. Each holder of Class C Common Stock is
entitled to 1,000 votes for each share held of record. Shares of Class C Common
Stock are not convertible into Class A Common Stock. Upon liquidation,
dissolution or wind-up, the holders of Class C Common Stock are not entitled to
receive our net assets pro rata. As of March 31, 2006, no shares were issued or
outstanding.

NOTE 10 - STOCK OPTIONS
-----------------------

The Company did not issue any stock options for the year ended March 31, 2006.

STOCK OPTION PLANS

During 2005, the Company adopted the 2005 Stock Incentive Plan and the 2005
Directors' and Officers' Stock Incentive Plan ("Plan") in order to attract and
retain qualified personnel. Under the Plan, the Board of Directors, in its
discretion may grant stock options (either incentive or non-qualified stock
options) to officers, directors and employees.







                                       15

<PAGE>

NOTE 11 - SUBSEQUENT EVENTS
---------------------------

o    On April 11, 2006, the Company issued 500,000 shares of Class A common
     stock per the Equity Line of Credit with Cornell Capital valued at $10,000.

o    On April 19, 2006, the Company issued 526,316 shares of Class A common
     stock per the Equity Line of Credit with Cornell Capital valued at $10,000.

o    On April 20, 2006, the Company issued 556,250 shares of Class A common
     stock, with a total value of $4,450 to officers of the Company as repayment
     of accrued salaries.

o    On May 2, 2006, the Company issued 526,316 shares of Class A common stock
     per the Equity Line of Credit with Cornell Capital valued at $10,000.

o    On March 21, 2006, the Company entered into a Patent Purchase Agreement
     with Lamson Holdings LLC, for the sale of certain United States Letters
     Patents and/or applications for United States Letters Patents and/or
     foreign patents and applications. The patents and/or patent applications
     being transferred in this purchase agreement are owned by SpeechSwitch and
     relate to various Voice Activated/Voice Responsive systems developed by
     SpeechSwitch's predecessor iVoice, including voice-based computer address
     book systems and other voice-based technology. The transaction, which is
     subject to due diligence and the usual and customary conditions, is
     expected to close in May 2006.
















                                       16
<PAGE>

ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION OR PLAN OF
         OPERATION

     You should read the following discussion in conjunction with our audited
financial statements and related notes included in the Form SB-2 previously
filed with the SEC. Our fiscal year currently ends on December 31, and each of
our fiscal quarters ends on the final day of a calendar quarter (March 31, June
30 and September 30). The following discussion contains forward-looking
statements. Please see "Forward Looking Statements - Cautionary Factors" for a
discussion of uncertainties, risks and assumptions associated with these
statements.

OVERVIEW AND PLAN OF OPERATION

     Prior to August 5, 2005, the Company's previous financial results and
operations were reflected in the consolidated financial statements and
accounting records of iVoice, and reflected significant assumptions and
allocations. These financial statements do not necessarily reflect the financial
position, results of operations and cash flows of SpeechSwitch had it been a
stand-alone entity.

     SpeechSwitch seeks to leverage the value of underutilized developed
technology and believes that the transition to an independent company will
provide SpeechSwitch with greater access to capital. This should provide needed
financial resources to potentially penetrate the market and distribute the
product. As such, SpeechSwitch's business will be formed from the contribution
by iVoice of certain assets and related liabilities on or about August 5, 2005.
In connection with this Spin-off by iVoice, iVoice assigned and conveyed to
SpeechSwitch its speech recognition software business and related liabilities,
including all intellectual property of iVoice relating to the speech recognition
software business. The board and management of iVoice elected not to transfer
any part of the working cash balance of iVoice to SpeechSwitch. Based upon the
current intention of SpeechSwitch not to conduct any research and development or
hire additional employees and instead to focus on the sale of the existing
speech recognition technology, the board has determined that, on balance,
SpeechSwitch has the ability to satisfy its working capital needs as a whole.
The board and management of iVoice also determined that SpeechSwitch has the
ability to obtain financing to satisfy any addition working capital needs as a
stand-alone company.

     The emerging nature of the speech recognition software industry and
unforeseen expenses from the separation from iVoice, make it difficult to assess
the future growth of SpeechSwitch.

     The speech recognition software business has operated at a loss in the past
for iVoice, and as an independent company such losses may continue or increase.
Additionally, SpeechSwitch's business has relied on iVoice for financial,
administrative and managerial expertise in conducting its operations. Following
the Spin-off, SpeechSwitch has developed and maintains its own credit and
banking relationships and performs its own financial and investor relation
functions. SpeechSwitch may not be able to successfully maintain the financial,
administrative and managerial structure necessary to operate as an independent
public company, and the development of such structure will require a significant
amount of management's time and other resources.

                                       17
<PAGE>

     SpeechSwitch has received a going concern opinion from its auditors. Its
continuation as a going concern is dependent upon obtaining the financing
necessary to operate its business. The financing of our working capital needs
are expected to be provided, in large part, from the sale of Class A Common
Stock to Cornell Capital Partners pursuant to the terms of the Standby Equity
Distribution Agreement ("SEDA"). However, Cornell Capital Partners is under no
obligation to purchase any shares of our Class A Common Stock unless certain
conditions are met by SpeechSwitch, including the registration of shares to be
sold to Cornell Capital Partners pursuant to the Securities Act of 1933, as
amended. [See "Liquidity and Capital Resources"] If SpeechSwitch cannot fund its
working capital needs under the SEDA with Cornell Capital Partners, we will be
unable to obtain sufficient capital resources to operate our business, and have
no other current plans to obtain alternative financing. We cannot assure you
that we will be able to access any financing in sufficient amounts or at all
when needed. Our inability to obtain sufficient working capital funding will
have an immediate material adverse effect upon our financial condition and our
business.

SEPARATION FROM IVOICE

     SpeechSwitch was incorporated under the laws of the State of New Jersey on
November 10, 2004, as a wholly owned subsidiary of iVoice. SpeechSwitch had no
material assets or activities until the contribution of the speech recognition
software business from iVoice. Pursuant to the Spin-off, SpeechSwitch is now an
independent public company, with iVoice having no continuing ownership interest
in SpeechSwitch.

     On November 11, 2004, SpeechSwitch received by assignment all of the
interests in and rights and title to, and assumed all of the obligations of, all
of the agreements, contracts, understandings and other instruments of iVoice
Technology 3, Inc., a Nevada corporation. These agreements, contracts,
understandings and other instruments consisted of the documentation relating to
the issuance of the secured convertible debentures and the equity line of
credit, the employment agreements with Messrs. Mahoney and Knef and the
administrative services agreement. Since this assignment, iVoice Technology 3
has no operating business, assets or known liabilities, and is currently in the
process of being dissolved. When we refer to or describe any agreement, contract
or other written instrument of SpeechSwitch, we are referring to an agreement,
contract or other written instrument that had been entered into by iVoice
Technology 3 and assigned to SpeechSwitch.

     SpeechSwitch's financial statements have been prepared in accordance with
accounting principles generally accepted in the United States, and reflect the
historical financial position, results of operations, and cash flows of the
business to be transferred to SpeechSwitch from iVoice as part of the Spin-off.
The financial information included in this report, however, is not necessarily
indicative of what SpeechSwitch's results of operations or financial position
would have been, had it operated as an independent company during the periods
presented, nor is it necessarily indicative of its future performance as an
independent company.

     SpeechSwitch will operate the speech recognition software business.
However, management is uncertain that sufficient cash to sustain its operations
will be generated in the next twelve months, or beyond, by the sales activity of
the speech recognition software business. SpeechSwitch intends to use a portion
of the proceeds from any financing arrangements, on sales and marketing efforts
for its speech recognition software products. It is unclear whether such efforts
will result in a reasonably successful operating business due to iVoice's
previous lack of sales and marketing efforts on its speech recognition software
products, SpeechSwitch's lack of operating history, the current economic
environment and, more specifically, the uncertainty of the telecommunications
market.

                                       18
<PAGE>

     As of August 5, 2005, iVoice assigned, contributed and conveyed to
SpeechSwitch corporate assets, liabilities and expenses related to the speech
recognition software business, including the speech recognition software and all
intellectual property of iVoice relating to the speech recognition software
business and the assignment of iVoice's existing agreements and arrangements
with dealers and resellers. This assignment, contribution and conveyance of
assets, liabilities and expenses was based on an estimate of the proportion of
such amounts allocable to SpeechSwitch, utilizing such factors as total
revenues, employee headcount and other relevant factors. SpeechSwitch believes
that these allocations have been made on a reasonable basis. SpeechSwitch
believes that all costs allocated to SpeechSwitch are a reasonable
representation of the costs that SpeechSwitch would have incurred if
SpeechSwitch had performed these functions as a stand-alone company.

     In conjunction with the separation of the speech recognition software
business from iVoice, SpeechSwitch entered into an administrative services
agreement with iVoice for the provision of certain services by iVoice to
SpeechSwitch following the Spin-off. This agreement will continue on a
month-to-month basis until SpeechSwitch has found replacement services for those
services being provided by iVoice or can provide these services for itself.
Following termination of the administrative services agreement, we expect that
SpeechSwitch will operate on a completely stand-alone basis from iVoice and
there will be no business or operating relationship between iVoice and
SpeechSwitch, except that SpeechSwitch will continue to sub-lease space from
iVoice. Our shares of Class A Common Stock were distributed to iVoice's
stockholders on or about August 12, 2005.

THREE MONTHS ENDED MARCH 31, 2006 COMPARED TO THREE MONTHS ENDED MARCH 31, 2005

     All revenues reported by SpeechSwitch are derived from the license of our
speech recognition software products. Total revenues for the three months ended
March 31, 2006 and March 31, 2005 were $7,333 and $15,210, respectively. The
speech recognition software business has only operated as a division and/or
subsidiary of iVoice and has never operated on a stand-alone basis. The low
sales volume of the speech recognition software business is attributable to the
minimal resources made available by iVoice for the sales and marketing of the
speech recognition software products. Management feels that the sales of the
speech recognition software products may increase if greater financial and
operational resources are made available for the sales and marketing of the
products. If SpeechSwitch can obtain funds under the SEDA, SpeechSwitch will be
able to devote more resources to operating the business. See "Liquidity and
Capital Resources.

     Gross margin for the three months ended March 31, 2006 and March 31, 2005
was $183 (2.5%) and $7,842 (51.6%), respectively. The decrease in gross margin
percentage is a result of a product mix sold during the quarter and the
concentration of sales through our reseller channel.

     Total operating expenses decreased to $137,334 for the three months ended
March 31, 2006 from $143,427 for the three months ended March 31, 2005, a
decrease of $6,093 or (4.3 %). This decrease in the current three months is
primarily attributable to the reduction of professional fees associated with
financing.

     The loss from continuing operations before other income (expense) for the
three months ended March 31, 2006 was ($137,151) compared to a loss of
($135,585) for the three months ended March 31, 2005, an increase in the loss of
$1,566. As discussed above, this increase in the loss was primarily attributable
to the decrease in sales revenue.

     Total other income (expense) for the three months ended March 31, 2006 were
($99,529), as compared to ($29,754) for the three months ended March 31, 2005,
an increase of $1,775. During the three

                                       19
<PAGE>

months ending March 31, 2006, SpeechSwitch recorded $33,571 of interest expense,
$68,000 of beneficial interest charged to interest expense and $2,042 of
interest income. In the three months ending March 31, 2005, iVoice, Inc.
allocated $20,000 for financing costs, $11,021 for interest expenses and $1,267
for other income to SpeechSwitch. The allocated finance costs were for stock
issued and fees paid to Cornell Capital Partners for initial and additional
financing arrangements. The allocated other income was primarily from interest
earned on the cash accounts. The allocated interest expense was for accrued
interest on related party debts.

     Net loss for the three months ended March 31, 2006 was $236,680 as compared
to a loss of $165,339 for the three months ended March 31, 2005. The increase in
net loss of $71,341 was the result of the factors discussed above.

LIQUIDITY AND CAPITAL RESOURCES

     To date, SpeechSwitch has incurred substantial losses, and will require
financing for working capital to meet its operating obligations. We anticipate
that we will require financing on an ongoing basis for the foreseeable future.

     If we satisfy necessary conditions under the SEDA, we intend to sell shares
of our Class A Common Stock as soon as possible to generate capital necessary to
sustain our operations.

     On August 12 and November 19, 2004, SpeechSwitch issued an aggregate of
$800,000 in secured convertible debentures, with interest payable at 5% per
annum, to Cornell Capital Partners. On February 28, 2005, SpeechSwitch's
obligations under the secured convertible debentures were terminated and
replaced with a secured promissory note of the same principal amount with an
additional loan of $200,000 bringing the promissory note to an aggregate
principal of $1 million. These promissory notes accrue interest at rate of 12%
per annum, but are not convertible into any equity security of SpeechSwitch. In
connection with the issuances of the secured convertible debentures,
SpeechSwitch paid a fee to Cornell equal to 10% of the aggregate principal
amount of the debentures. When the secured convertible debentures were
terminated, SpeechSwitch received a credit for fees that would otherwise have
been payable upon the issuance of the $800,000 in replacement notes.
SpeechSwitch paid Cornell Capital Partners a fee of $20,000 in connection with
its $200,000 additional borrowing. The Company's obligations under the secured
promissory note issued to Cornell Capital Partners are secured by a first
priority security interest in substantially all of our assets. iVoice has also
guaranteed the payment of all amounts payable by SpeechSwitch pursuant to the
secured promissory note. This guaranty terminated on August 5, 2005.

     On August 31, 2005, SpeechSwitch executed a Standby Equity Distribution
Agreement with Cornell (was amended and restated on December 12, 2005), pursuant
to which SpeechSwitch may, from time to time, issue and sell to Cornell Capital
Partners our Class A Common Stock for a total purchase price of up to $10.0
million. The purchase price for the shares is 95% of the market price, which is
defined as the lowest closing bid price of the Class A Common Stock during the
five consecutive trading days following the date that SpeechSwitch delivers to
Cornell a notice requiring it to advance funds to us. A cash fee equal to six
percent (6%) of the cash proceeds of the draw down is also payable at the time
of funding. In addition, Cornell is entitled to receive, as additional
compensation, the number of shares of Class A Common Stock equal to one and one
half percent (1.5%) of the number of shares of Class A Common Stock outstanding
on the date that a registration statement in respect of the shares to be
distributed pursuant to the SEDA becomes effective.

     We cannot assure you that we will be able to access any financing in
sufficient amounts or at all when needed. Our inability to obtain sufficient
financing would have an immediate material adverse effect on our

                                       20
<PAGE>

financial condition and our business. Management believes that its going-forward
expenses for the twelve months following the date of the Spin-off, August 5,
2005, will be approximately $466,000, which includes salaries for SpeechSwitch's
officers and employees, and, assuming SpeechSwitch has no revenues in such
period, SpeechSwitch expects to incur liabilities, for the year ending December
31, 2006, of approximately $466,000. Management has no current plan to hire
additional employees, perform additional research and development or purchase
additional equipment or services beyond the requirements of the administrative
services agreement with iVoice. If there are additional deficiencies that are in
excess of the proceeds of the secured promissory note, and SpeechSwitch is
unable to obtain funds from the sale of our Class A Common Stock to Cornell,
management believes that SpeechSwitch can limit its operations, defer payments
to management and maintain its business at nominal levels until it can identify
alternative sources of capital.

     Except for these two financing agreements, the Company has no other
significant sources of working capital or cash commitments. Accordingly, no
assurance can be given that SpeechSwitch will raise sufficient funds from such
financing arrangements, or that SpeechSwitch will ever produce sufficient
revenues to sustain its operations, or that a market will develop for its common
stock for which a significant amount of SpeechSwitch's financing is dependent
upon.

     On August 5, 2005, SpeechSwitch assumed an aggregate of $190,000 in
liabilities from iVoice and iVoice assigned to SpeechSwitch assets having an
aggregate book value of $16,800. SpeechSwitch believes that the fair value of
these assets may be greater than the book value, although it has not undertaken
an appraisal. The assumed obligations are described below.

     SpeechSwitch assumed from iVoice an outstanding promissory note in the
amount of $190,000 payable to Jerry Mahoney. This amount is related to funds
that had been loaned to iVoice in July 2000 that were used to develop the
automated speech attendant software business. The amount of $190,000 includes
approximately $32,110 for interest on the original loan from Jerry Mahoney to
iVoice. Pursuant to the terms of the promissory note, SpeechSwitch, for value
received, will pay to Mr. Mahoney the principal sum of $190,000 that will bear
interest at the prime rate plus 2% per annum on the unpaid balance until paid or
until default. Interest payments will be due annually. All accrued interest
becomes due on the date of any payment of the promissory note. At the time of
default (if any) the interest rate shall increase to 20% until the principal
balance has been paid. Under the terms of the promissory note, at the option of
the note holder, principal and interest can be converted into either (i) one
share of Class B Common Stock of SpeechSwitch, par value $0.01, for each dollar
owed, (ii) the number of shares of Class A Common Stock of SpeechSwitch
calculated by dividing (x) the sum of the principal and interest that the note
holder has requested to have prepaid by (y) eighty percent (80%) of the lowest
issue price of Class A Common Stock since the first advance of funds under this
note, or (iii) payment of the principal of this note, before any repayment of
interest.

     During the three months ended March 31, 2006, the Company had a net
decrease in cash of $81,031. The Company's principal sources and uses of funds
were as follows:

     CASH USED BY OPERATING ACTIVITIES. The Company used $ 116,631 in cash for
operating activities in the three months ended March 31, 2006. This was
primarily the result of the cash used to fund the loss from current operating
activities.

     CASH PROVIDED BY FINANCING ACTIVITIES. Financing activities in the three
months ended March 31, 2006 provided a total of $ 35,600 in cash. This consisted
of net proceeds from the issuance of common stock through equity financing with
Cornell Capital Partners.

                                       21
<PAGE>

FORWARD LOOKING STATEMENTS - CAUTIONARY FACTORS

     Certain information included in this Form 10-QSB and other materials filed
or to be filed by us with the Securities and Exchange Commission (as well as
information included in oral or written statements made by us or on our behalf),
may contain forward-looking statements about our current and expected
performance trends, growth plans, business goals and other matters. These
statements may be contained in our filings with the Securities and Exchange
Commission, in our press releases, in other written communications, and in oral
statements made by or with the approval of one of our authorized officers.
Information set forth in this discussion and analysis contains various
"forward-looking statements" within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private
Securities Litigation Reform Act of 1995 (the "Act") provides certain "safe
harbor" provisions for forward-looking statements. The reader is cautioned that
such forward-looking statements are based on information available at the time
and/or management's good faith belief with respect to future events, and are
subject to risks and uncertainties that could cause actual performance or
results to differ materially from those expressed in the statements.
Forward-looking statements speak only as of the date the statement was made. We
assume no obligation to update forward-looking information to reflect actual
results, changes in assumptions or changes in other factors affecting
forward-looking information. Forward-looking statements are typically identified
by the use of terms such as "anticipate," "believe," "could," "estimate,"
"expect," "intend," "may," "might," "plan," "predict," "project," "should,"
"will," and similar words, although some forward-looking statements are
expressed differently. Although we believe that the expectations reflected in
such forward-looking statements are reasonable, we can give no assurance that
such expectations will prove to be correct.















                                       22
<PAGE>

ITEM 3. CONTROLS AND PROCEDURES

EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES.

Management of the Company has evaluated, with the participation of the Chief
Executive Officer and Chief Financial Officer of the Company, the effectiveness
of the Company's disclosure controls and procedures (as defined in Rules
13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended
(the "Exchange Act")) as of the end of the fiscal quarter covered by this
Quarterly Report on Form 10-QSB. Based on that evaluation, the Chief Executive
Officer and Chief Financial Officer of the Company have concluded that the
Company's disclosure controls and procedures as of the end of the fiscal quarter
covered by this Quarterly Report on Form 10-QSB are effective to provide
reasonable assurance that information required to be disclosed by the Company in
the reports that it files or submits under the Exchange Act is recorded,
processed, summarized and reported within the time periods specified in the
rules and forms of the Securities and Exchange Commission and that the
information required to be disclosed in the reports is accumulated and
communicated to management, including our Chief Executive Officer and Chief
Financial Officer, to allow timely decisions regarding required disclosure.

CHANGES IN INTERNAL CONTROLS.

Management of the Company has also evaluated, with the participation of the
Chief Executive Officer and Chief Financial Officer of the Company, any change
in the Company's internal control over financial reporting (as defined in Rules
13a-15(f) and 15d-15(f) under the Exchange Act) that occurred during the fiscal
quarter covered by this Quarterly Report on Form 10-QSB. There was no change in
the Company's internal control over financial reporting identified in that
evaluation that occurred during the fiscal quarter covered by this Quarterly
Report on Form 10-QSB that has materially affected, or is reasonably likely to
materially affect, the Company's internal control over financial reporting.













                                       23
<PAGE>

                           PART II - OTHER INFORMATION

ITEM 6. EXHIBITS


31.1   Certifications of the Chief Executive Officer and Principal Financial
       Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

32.1   Certification Pursuant To 18 U.S.C. Section 1350, As Adopted Pursuant To
       Section 906 of the Sarbanes-Oxley Act Of 2002
































                                       24
<PAGE>

                                   SIGNATURES

Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned thereunto duly authorized.


SpeechSwitch, Inc

By: /s/ Bruce R. Knef                                       Date: May 15, 2006
    ----------------------------
    Bruce R. Knef, President,
    Chief Executive Officer and
    Principal Financial Officer
































                                       25
<PAGE>

                                INDEX OF EXHIBITS

31.1   Certifications of the Chief Executive Officer and Chief Financial Officer
       pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

32.1   Certification Pursuant To 18 U.S.C. Section 1350, As Adopted Pursuant To
       Section 906 of the Sarbanes-Oxley Act Of 2002
































                                       26