Document:

EXHIBIT 10.1
                                                                    ------------

                                                           DATED: MARCH 30, 2007

NEITHER THIS DEBENTURE NOR THE SECURITIES INTO WHICH THIS DEBENTURE IS
CONVERTIBLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR
THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM
REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES
ACT"), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN
EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN
AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE
SECURITIES LAWS.

No. SSWC-1-1                                                          $1,000,000

                               SPEECH SWITCH, INC.

                          SECURED CONVERTIBLE DEBENTURE

                               DUE: MARCH 29, 2010

     This Secured Convertible Debenture (the "Debenture") is issued by SPEECH
SWITCH, INC., a New Jersey corporation (the "Company"), to CORNELL CAPITAL
PARTNERS, LP (the "Holder").

     The Company issued to the Holder: (i) on or about August 10, 2004 a
Convertible Debenture in the original principal amount of Four Hundred Thousand
Dollars ($400,000) (the "August 2004 Convertible Debenture"), (ii) on or about
November 17, 2004, a Convertible Debenture in the original principal amount of
Four Hundred Thousand Dollars ($400,000) (the "November 2004 "Convertible
Debenture") (the August 2004 Convertible Debenture and the November 2004
Convertible Debenture shall collectively be referred to as the "Prior
Convertible Debenture"). On February 28, 2005 the Holder funded the Company Two
Hundred Thousand Dollars ($200,000) and simultaneously the Prior Convertible
Debenture were rolled into a single note in the amount of One Million Dollars
($1,000,000) (the "February Note") which included the Two Hundred Thousand
Dollars ($200,000) plus the outstanding principal balance of the Prior
Convertible Debenture plus accrued and unpaid interest on the Prior Convertible
Debenture.

     THEREFORE FOR VALUE RECEIVED, on August 10, 2004, November 17, 2004 and
February 28, 2005 pursuant to those certain August 2004 Convertible Debenture,
November 2004 Convertible Debenture and February Note which February Note is
hereby surrendered, and for consideration consisting solely of such surrender,
replaced with this Debenture, the Company hereby promises to pay to the Holder
or its successors and assigns the principal sum of One Million Dollars
($1,000,000) together with accrued but unpaid interest on or before March ____,
2010 (the "Maturity Date") in accordance with the following terms:

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     Simultaneous with the issuance of this Debenture the Company and the Holder
are executing and delivering an Irrevocable Transfer Agent Instructions (the
"Irrevocable Transfer Agent Instructions") dated the date hereof.

     SECTION 1. General Terms

     (a) INTEREST. Interest shall accrue on the outstanding principal balance
hereof at an annual rate equal to five percent (5%). Interest shall be
calculated on the basis of a 365-day year and the actual number of days elapsed,
to the extent permitted by applicable law. Interest hereunder shall be paid on
the Maturity Date (or sooner as provided herein) to the Holder or its assignee
in whose name this Debenture is registered on the records of the Company
regarding registration and transfers of Debentures in cash or in Common Stock
(valued at the Closing Bid Price on the Trading Day immediately prior to the
date paid) at the option of the Company.

     (b) SECURITY. The Debenture shall be secured by the Pledged Property as
defined in the Security Agreement between the Company and the Holder dated
February 28, 2005 ("Security Agreement"), issued by the Company as security for
the February Note. The Security Agreement shall hereby be amended with the
deletion of Section 7.1(c) and the words: "create any subsidiaries nor" from
Section 7.1(e) thereto.

     SECTION 2. Events of Default.

     (a) An "Event of Default", wherever used herein, means any one of the
following events (whatever the reason and whether it shall be voluntary or
involuntary or effected by operation of law or pursuant to any judgment, decree
or order of any court, or any order, rule or regulation of any administrative or
governmental body):

          (i) Any default in the payment of the principal of, interest on or
other charges in respect of this Debenture, free of any claim of subordination,
as and when the same shall become due and payable whether upon an Optional
Redemption (as defined in SECTION 3(A)), the Maturity Date, by acceleration, or
otherwise;

          (ii) The Company or any subsidiary of the Company shall commence, or
there shall be commenced against the Company or any subsidiary of the Company
under any applicable bankruptcy or insolvency laws as now or hereafter in effect
or any successor thereto, or the Company or any subsidiary of the Company
commences any other proceeding under any reorganization, arrangement, adjustment
of debt, relief of debtors, dissolution, insolvency or liquidation or similar
law of any jurisdiction whether now or hereafter in effect relating to the
Company or any subsidiary of the Company or there is commenced against the
Company or any subsidiary of the Company any such bankruptcy, insolvency or
other proceeding which remains undismissed for a period of 61 days; or the
Company or any subsidiary of the Company is adjudicated insolvent or bankrupt;
or any order of relief or other order approving any such case or proceeding is
entered; or the Company or any subsidiary of the Company suffers any appointment
of any custodian, private or court appointed receiver or the like for it or any
substantial part of its property which continues undischarged or unstayed for a
period of sixty one (61) days; or the Company or any subsidiary of the Company
makes a general assignment for the benefit of creditors; or the Company or any
subsidiary of the Company shall fail to pay,

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or shall state that it is unable to pay, or shall be unable to pay, its debts
generally as they become due; or the Company or any subsidiary of the Company
shall call a meeting of its creditors with a view to arranging a composition,
adjustment or restructuring of its debts; or the Company or any subsidiary of
the Company shall by any act or failure to act expressly indicate its consent
to, approval of or acquiescence in any of the foregoing; or any corporate or
other action is taken by the Company or any subsidiary of the Company for the
purpose of effecting any of the foregoing;

          (iii) The Company or any subsidiary of the Company shall default in
any of its obligations under any other debenture or any mortgage, credit
agreement or other facility, indenture agreement, factoring agreement or other
instrument under which there may be issued, or by which there may be secured or
evidenced any indebtedness for borrowed money or money due under any long term
leasing or factoring arrangement of the Company or any subsidiary of the Company
in an amount exceeding $100,000, whether such indebtedness now exists or shall
hereafter be created and such default shall result in such indebtedness becoming
or being declared due and payable prior to the date on which it would otherwise
become due and payable;

          (iv) The Common Stock shall cease to be quoted for trading or listing
for trading on any of (a) the American Stock Exchange, (b) New York Stock
Exchange, (c) the Nasdaq National Market, (d) the Nasdaq Capital Market, or (e)
the Nasdaq OTC Bulletin Board ("OTC") (each, a "Primary Market") and shall not
again be quoted or listed for trading on any Primary Market within five (5)
Trading Days of such delisting;

          (v) The Company or any subsidiary of the Company shall be a party to
any Change of Control Transaction (as defined in SECTION 6); ;

          (vi) The Company shall fail for any reason to deliver Common Stock
certificates to a Holder prior to the fifth (5th) Trading Day after a Conversion
Date, or the Company shall provide notice to the Holder, including by way of
public announcement, at any time, of its intention not to comply with requests
for conversions in accordance with the terms hereof;

          (vii) The Company shall fail for any reason to deliver the payment in
cash pursuant to a Buy-In (as defined herein) within three (3) days after notice
is claimed delivered hereunder;

          (viii) The Company shall fail to observe or perform any other
covenant, agreement or warranty contained in, or otherwise commit any breach or
default of any provision of this Debenture (except as may be covered by SECTION
2(A)(I) THROUGH 2(A)(IX) hereof) or any Transaction Document (as defined in
SECTION 6) which is not cured with in the time prescribed, or an Event of
Default under any other debenture issued to the Holder in connection with the
Securities Purchase Agreement shall occur;

     (b) During the time that any portion of this Debenture is outstanding, if
any Event of Default has occurred, the full principal amount of this Debenture,
together with interest and other amounts owing in respect thereof, to the date
of acceleration shall become at the Holder's election, immediately due and
payable in cash, PROVIDED HOWEVER, the Holder may request (but

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shall have no obligation to request) payment of such amounts in Common Stock of
the Company. Furthermore, in addition to any other remedies, the Holder shall
have the right (but not the obligation) to convert this Debenture at any time
after (x) an Event of Default or (y) the Maturity Date at the Conversion Price
then in-effect. The Holder need not provide and the Company hereby waives any
presentment, demand, protest or other notice of any kind, and the Holder may
immediately and without expiration of any grace period enforce any and all of
its rights and remedies hereunder and all other remedies available to it under
applicable law. Such declaration may be rescinded and annulled by Holder at any
time prior to payment hereunder. No such rescission or annulment shall affect
any subsequent Event of Default or impair any right consequent thereon. Except
with respect to the limitation set forth in Section 4(b)(i) hereof upon an Event
of Default, notwithstanding any other provision of this Debenture or any
Transaction Document, the Holder shall have no obligation to comply with or
adhere to any limitations, if any, on the conversion of this Debenture or the
sale of the Underlying Shares.

     SECTION 3. Redemptions.

     (a) COMPANY'S OPTIONAL CASH REDEMPTION. The Company at its option shall
have the right to redeem ("Optional Redemption") a portion or all amounts
outstanding under this Debenture prior to the Maturity Date PROVIDED THAT as of
the date of the Holder's receipt of a Redemption Notice (as defined herein) (i)
the Closing Bid Price of the of the Common Stock, as reported by Bloomberg, LP,
is less than the Conversion Price and (ii) no Event of Default has occurred. The
Company shall pay an amount equal to the principal amount being redeemed plus a
redemption premium ("Redemption Premium") equal to twenty percent (20%) of the
principal amount being redeemed, and accrued interest, (collectively referred to
as the "Redemption Amount"). In order to make a redemption, the Company shall
first provide written notice to the Holder of its intention to make a redemption
(the "Redemption Notice") setting forth the amount of principal it desires to
redeem. After receipt of the Redemption Notice the Holder shall have three (3)
business days to elect to convert all or any portion of this Debenture, subject
to the limitations set forth in SECTION 4(B). On the fourth (4th) business day
after the Redemption Notice, the Company shall deliver to the Holder the
Redemption Amount with respect to the principal amount redeemed after giving
effect to conversions effected during the three (3) business day period.

     SECTION 4. Conversion.

     (a) Conversion at Option of Holder.

          (i) This Debenture shall be convertible into shares of Common Stock at
the option of the Holder, in whole or in part at any time and from time to time,
after the Original Issue Date (as defined in SECTION 6) (subject to the
limitations on conversion set forth in SECTION 4(B) hereof). The number of
shares of Common Stock issuable upon a conversion hereunder equals the quotient
obtained by dividing (x) the outstanding amount of this Debenture to be
converted by (y) the Conversion Price (as defined in SECTION 4(C)(I)). The
Company shall deliver Common Stock certificates to the Holder prior to the Fifth
(5th) Trading Day after a Conversion Date.

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          (ii) Notwithstanding anything to the contrary contained herein, if on
any Conversion Date: (1) the number of shares of Common Stock at the time
authorized, unissued and unreserved for all purposes, or held as treasury stock,
is insufficient to pay principal and interest hereunder in shares of Common
Stock; (2) the Common Stock is not listed or quoted for trading on the a Primary
Market; or (3) the Company has failed to timely satisfy a conversion; then, at
the option of the Holder, the Company, in lieu of delivering shares of Common
Stock pursuant to SECTION 4(A)(I), shall deliver, within three (3) Trading Days
of each applicable Conversion Date, an amount in cash equal to the product of
the outstanding principal amount to be converted divided by the applicable
Conversion Price, and multiplied by the highest Closing Bid Price of the stock
from date of the conversion notice till the date that such cash payment is made.

     Further, if the Company shall not have delivered any cash due in respect of
conversion of this Debenture by the fifth (5th) Trading Day after the Conversion
Date, the Holder may, by notice to the Company, require the Company to issue
shares of Common Stock pursuant to SECTION 4(C), except that for such purpose
the Conversion Price applicable thereto shall be the lesser of the Conversion
Price on the Conversion Date and the Conversion Price on the date of such Holder
demand. Any such shares will be subject to the provisions of this Section.

          (iii) The Holder shall effect conversions by delivering to the Company
a completed notice in the form attached hereto as Exhibit A (a "Conversion
Notice"). The date on which a Conversion Notice is delivered is the "Conversion
Date." Unless the Holder is converting the entire principal amount outstanding
under this Debenture, the Holder is not required to physically surrender this
Debenture to the Company in order to effect conversions. Conversions hereunder
shall have the effect of lowering the outstanding principal amount of this
Debenture plus all accrued and unpaid interest thereon in an amount equal to the
applicable conversion. The Holder and the Company shall maintain records showing
the principal amount converted and the date of such conversions. In the event of
any dispute or discrepancy, the records of the Holder shall be controlling and
determinative in the absence of manifest error.

     (b) Certain Conversion Restrictions.

          (i) The Company shall not effect any conversions of this Debenture and
the Holder shall not have the right to convert any portion of this Debenture or
receive shares of Common Stock as payment of interest hereunder to the extent
that after giving effect to such such conversion or receipt of such interest
payment, the Holder, together with any affiliate thereof, would beneficially own
(as determined in accordance with Section 13(d) of the Exchange Act and the
rules promulgated thereunder) in excess of 4.99% of the number of shares of
Common Stock outstanding immediately after giving effect to such conversion or
receipt of shares as payment of interest. Since the Holder will not be obligated
to report to the Company the number of shares of Common Stock it may hold at the
time of a conversion hereunder, unless the conversion at issue would result in
the issuance of shares of Common Stock in excess of 4.99% of the then
outstanding shares of Common Stock without regard to any other shares which may
be beneficially owned by the Holder or an affiliate thereof, the Holder shall
have the authority and obligation to determine whether the restriction contained
in this Section will limit any particular conversion hereunder and to the extent
that the Holder determines that the limitation contained in this Section
applies, the determination of which portion of the principal

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amount of this Debenture is convertible shall be the responsibility and
obligation of the Holder. If the Holder has delivered a Conversion Notice for a
principal amount of this Debenture that, without regard to any other shares that
the Holder or its affiliates may beneficially own, would result in the issuance
in excess of the permitted amount hereunder, the Company shall notify the Holder
of this fact and shall honor the conversion for the maximum principal amount
permitted to be converted on such Conversion Date in accordance with the periods
described in SECTION 4(A)(I) and, any principal amount tendered for conversion
in excess of the permitted amount hereunder shall remain outstanding under this
Debenture. The provisions of this Section may be waived by a Holder (but only as
to itself and not to any other Holder) upon not less than 65 days prior notice
to the Company. Other Holders shall be unaffected by any such waiver.

     (c) Conversion Price and Adjustments to Conversion Price.

          (i) The conversion price in effect on any Conversion Date shall be
equal to eighty percent (80%) of the lowest closing Bid Price of the Common
Stock during the five (5) trading days immediately preceding the Conversion Date
as quoted by Bloomberg, LP (the "Market Conversion Price"). The Fixed Conversion
Price and the Market Conversion Price are collectively referred to as the
"Conversion Price." The Conversion Price may be adjusted pursuant to the other
terms of this Debenture.

          (ii) If the Company, at any time while this Debenture is outstanding,
shall (a) pay a stock dividend or otherwise make a distribution or distributions
on shares of its Common Stock or any other equity or equity equivalent
securities payable in shares of Common Stock, (b) subdivide outstanding shares
of Common Stock into a larger number of shares, (c) combine (including by way of
reverse stock split) outstanding shares of Common Stock into a smaller number of
shares, or (d) issue by reclassification of shares of the Common Stock any
shares of capital stock of the Company, then the Conversion Price shall be
multiplied by a fraction of which the numerator shall be the number of shares of
Common Stock (excluding treasury shares, if any) outstanding before such event
and of which the denominator shall be the number of shares of Common Stock
outstanding after such event. Any adjustment made pursuant to this Section shall
become effective immediately after the record date for the determination of
stockholders entitled to receive such dividend or distribution and shall become
effective immediately after the effective date in the case of a subdivision,
combination or re-classification.

          (iii) If the Company, at any time while this Debenture is outstanding,
shall issue rights, options or warrants to all holders of Common Stock (and not
to the Holder) entitling them to subscribe for or purchase shares of Common
Stock at a price per share less than the Conversion Price, then the Conversion
Price shall be multiplied by a fraction, of which the denominator shall be the
number of shares of the Common Stock (excluding treasury shares, if any)
outstanding on the date of issuance of such rights or warrants (plus the number
of additional shares of Common Stock offered for subscription or purchase), and
of which the numerator shall be the number of shares of the Common Stock
(excluding treasury shares, if any) outstanding on the date of issuance of such
rights or warrants, plus the number of shares which the aggregate offering price
of the total number of shares so offered would purchase at the Conversion Price.
Such adjustment shall be made whenever such rights or warrants are issued, and
shall become effective immediately after the record date for the determination
of stockholders entitled to receive such rights, options or warrants. However,
upon the expiration of any such right, option

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or warrant to purchase shares of the Common Stock the issuance of which resulted
in an adjustment in the Conversion Price pursuant to this Section, if any such
right, option or warrant shall expire and shall not have been exercised, the
Conversion Price shall immediately upon such expiration be recomputed and
effective immediately upon such expiration be increased to the price which it
would have been (but reflecting any other adjustments in the Conversion Price
made pursuant to the provisions of this Section after the issuance of such
rights or warrants) had the adjustment of the Conversion Price made upon the
issuance of such rights, options or warrants been made on the basis of offering
for subscription or purchase only that number of shares of the Common Stock
actually purchased upon the exercise of such rights, options or warrants
actually exercised.

          (iv) If the Company or any subsidiary thereof, as applicable, at any
time while this Debenture is outstanding, shall issue shares of Common Stock or
rights, warrants, options or other securities or debt that are convertible into
or exchangeable for shares of Common Stock ("Common Stock Equivalents")
entitling any Person to acquire shares of Common Stock, at a price per share
less than the Conversion Price (if the holder of the Common Stock or Common
Stock Equivalent so issued shall at any time, whether by operation of purchase
price adjustments, reset provisions, floating conversion, exercise or exchange
prices or otherwise, or due to warrants, options or rights per share which is
issued in connection with such issuance, be entitled to receive shares of Common
Stock at a price per share which is less than the Conversion Price, such
issuance shall be deemed to have occurred for less than the Conversion Price),
then, at the sole option of the Holder, the Conversion Price shall be adjusted
to mirror the conversion, exchange or purchase price for such Common Stock or
Common Stock Equivalents (including any reset provisions thereof) at issue. Such
adjustment shall be made whenever such Common Stock or Common Stock Equivalents
are issued. The Company shall notify the Holder in writing, no later than one
(1) business day following the issuance of any Common Stock or Common Stock
Equivalent subject to this Section, indicating therein the applicable issuance
price, or of applicable reset price, exchange price, conversion price and other
pricing terms. No adjustment under this Section shall be made as a result of
issuances of Excluded Securities.

          (v) If the Company, at any time while this Debenture is outstanding,
shall distribute to all holders of Common Stock (and not to the Holder)
evidences of its indebtedness or assets or rights or warrants to subscribe for
or purchase any security, then in each such case the Conversion Price at which
this Debenture shall thereafter be convertible shall be determined by
multiplying the Conversion Price in effect immediately prior to the record date
fixed for determination of stockholders entitled to receive such distribution by
a fraction of which the denominator shall be the Closing Bid Price determined as
of the record date mentioned above, and of which the numerator shall be such
Closing Bid Price on such record date less the then fair market value at such
record date of the portion of such assets or evidence of indebtedness so
distributed applicable to one outstanding share of the Common Stock as
determined by the Board of Directors in good faith. In either case the
adjustments shall be described in a statement provided to the Holder of the
portion of assets or evidences of indebtedness so distributed or such
subscription rights applicable to one share of Common Stock. Such adjustment
shall be made whenever any such distribution is made and shall become effective
immediately after the record date mentioned above.

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          (vi) In case of any reclassification of the Common Stock or any
compulsory share exchange pursuant to which the Common Stock is converted into
other securities, cash or property, the Holder shall have the right thereafter
to, at its option, (A) convert the then outstanding principal amount, together
with all accrued but unpaid interest and any other amounts then owing hereunder
in respect of this Debenture into the shares of stock and other securities, cash
and property receivable upon or deemed to be held by holders of the Common Stock
following such reclassification or share exchange, and the Holder of this
Debenture shall be entitled upon such event to receive such amount of
securities, cash or property as the shares of the Common Stock of the Company
into which the then outstanding principal amount, together with all accrued but
unpaid interest and any other amounts then owing hereunder in respect of this
Debenture could have been converted immediately prior to such reclassification
or share exchange would have been entitled, or (B) require the Company to prepay
the outstanding principal amount of this Debenture, plus all interest and other
amounts due and payable thereon. The entire prepayment price shall be paid in
cash. This provision shall similarly apply to successive reclassifications or
share exchanges.

          (vii) Whenever the Conversion Price is adjusted pursuant to SECTION 4
hereof, the Company shall promptly mail to the Holder a notice setting forth the
Conversion Price after such adjustment and setting forth a brief statement of
the facts requiring such adjustment.

          (viii) If (A) the Company shall declare a dividend (or any other
distribution) on the Common Stock; (B) the Company shall declare a special
nonrecurring cash dividend on or a redemption of the Common Stock; (C) the
Company shall authorize the granting to all holders of the Common Stock rights
or warrants to subscribe for or purchase any shares of capital stock of any
class or of any rights; (D) the approval of any stockholders of the Company
shall be required in connection with any reclassification of the Common Stock,
any consolidation or merger to which the Company is a party, any sale or
transfer of all or substantially all of the assets of the Company, of any
compulsory share exchange whereby the Common Stock is converted into other
securities, cash or property; or (E) the Company shall authorize the voluntary
or involuntary dissolution, liquidation or winding up of the affairs of the
Company; then, in each case, the Company shall cause to be filed at each office
or agency maintained for the purpose of conversion of this Debenture, and shall
cause to be mailed to the Holder at its last address as it shall appear upon the
stock books of the Company, at least twenty (20) calendar days prior to the
applicable record or effective date hereinafter specified, a notice stating (x)
the date on which a record is to be taken for the purpose of such dividend,
distribution, redemption, rights or warrants, or if a record is not to be taken,
the date as of which the holders of the Common Stock of record to be entitled to
such dividend, distributions, redemption, rights or warrants are to be
determined or (y) the date on which such reclassification, consolidation,
merger, sale, transfer or share exchange is expected to become effective or
close, and the date as of which it is expected that holders of the Common Stock
of record shall be entitled to exchange their shares of the Common Stock for
securities, cash or other property deliverable upon such reclassification,
consolidation, merger, sale, transfer or share exchange, provided, that the
failure to mail such notice or any defect therein or in the mailing thereof
shall not affect the validity of the corporate action required to be specified
in such notice. The Holder is entitled to convert this Debenture during the
20-day calendar period commencing the date of such notice to the effective date
of the event triggering such notice.

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          (ix) In case of any (1) merger or consolidation of the Company or any
subsidiary of the Company with or into another Person, or (2) sale by the
Company or any subsidiary of the Company of more than one-half of the assets of
the Company in one or a series of related transactions, a Holder shall have the
right to (A) exercise any rights under SECTION 2(B), (B) convert the aggregate
amount of this Debenture then outstanding into the shares of stock and other
securities, cash and property receivable upon or deemed to be held by holders of
Common Stock following such merger, consolidation or sale, and such Holder shall
be entitled upon such event or series of related events to receive such amount
of securities, cash and property as the shares of Common Stock into which such
aggregate principal amount of this Debenture could have been converted
immediately prior to such merger, consolidation or sales would have been
entitled, or (C) in the case of a merger or consolidation, require the surviving
entity to issue to the Holder a convertible Debenture with a principal amount
equal to the aggregate principal amount of this Debenture then held by such
Holder, plus all accrued and unpaid interest and other amounts owing thereon,
which such newly issued convertible Debenture shall have terms identical
(including with respect to conversion) to the terms of this Debenture, and shall
be entitled to all of the rights and privileges of the Holder of this Debenture
set forth herein and the agreements pursuant to which this Debentures were
issued. In the case of clause (C), the conversion price applicable for the newly
issued shares of convertible preferred stock or convertible Debentures shall be
based upon the amount of securities, cash and property that each share of Common
Stock would receive in such transaction and the Conversion Price in effect
immediately prior to the effectiveness or closing date for such transaction. The
terms of any such merger, sale or consolidation shall include such terms so as
to continue to give the Holder the right to receive the securities, cash and
property set forth in this Section upon any conversion or redemption following
such event. This provision shall similarly apply to successive such events.

     (d) Other Provisions.

          (i) The Company shall at all times reserve and keep available out of
its authorized Common Stock the full number of shares of Common Stock issuable
upon conversion of all outstanding amounts under this Debenture; and within
three (3) Business Days following the receipt by the Company of a Holder's
notice that such minimum number of Underlying Shares is not so reserved, the
Company shall promptly reserve a sufficient number of shares of Common Stock to
comply with such requirement.

          (ii) All calculations under this SECTION 4 shall be rounded up to the
nearest $0.0001 or whole share.

          (iiii) The Company covenants that it will at all times reserve and
keep available out of its authorized and unissued shares of Common Stock solely
for the purpose of issuance upon conversion of this Debenture and payment of
interest on this Debenture, each as herein provided, free from preemptive rights
or any other actual contingent purchase rights of persons other than the Holder,
not less than such number of shares of the Common Stock as shall (subject to any
additional requirements of the Company as to reservation of such shares set
forth in this Debenture or in the Transaction Documents) be issuable (taking
into account the adjustments and restrictions set forth herein) upon the
conversion of the outstanding principal amount of this Debenture and payment of
interest hereunder. The Company covenants that all shares of Common Stock that
shall be so issuable shall, upon issue, be duly and validly authorized, issued

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and fully paid, nonassessable and, if the Underlying Shares Registration
Statement has been declared effective under the Securities Act, registered for
public sale in accordance with such Underlying Shares Registration Statement.

          (iv) Upon a conversion hereunder the Company shall not be required to
issue stock certificates representing fractions of shares of the Common Stock,
but may if otherwise permitted, make a cash payment in respect of any final
fraction of a share based on the Closing Bid Price at such time. If the Company
elects not, or is unable, to make such a cash payment, the Holder shall be
entitled to receive, in lieu of the final fraction of a share, one whole share
of Common Stock.

          (v) The issuance of certificates for shares of the Common Stock on
conversion of this Debenture shall be made without charge to the Holder thereof
for any documentary stamp or similar taxes that may be payable in respect of the
issue or delivery of such certificate, provided that the Company shall not be
required to pay any tax that may be payable in respect of any transfer involved
in the issuance and delivery of any such certificate upon conversion in a name
other than that of the Holder of such Debenture so converted and the Company
shall not be required to issue or deliver such certificates unless or until the
person or persons requesting the issuance thereof shall have paid to the Company
the amount of such tax or shall have established to the satisfaction of the
Company that such tax has been paid.

          (vi) Nothing herein shall limit a Holder's right to pursue actual
damages or declare an Event of Default pursuant to SECTION 2 herein for the
Company 's failure to deliver certificates representing shares of Common Stock
upon conversion within the period specified herein and such Holder shall have
the right to pursue all remedies available to it at law or in equity including,
without limitation, a decree of specific performance and/or injunctive relief,
in each case without the need to post a bond or provide other security. The
exercise of any such rights shall not prohibit the Holder from seeking to
enforce damages pursuant to any other Section hereof or under applicable law.

          (vii) In addition to any other rights available to the Holder, if the
Company fails to deliver to the Holder such certificate or certificates pursuant
to SECTION 4(A)(I) by the fifth (5th) Trading Day after the Conversion Date, and
if after such fifth (5th) Trading Day the Holder purchases (in an open market
transaction or otherwise) Common Stock to deliver in satisfaction of a sale by
such Holder of the Underlying Shares which the Holder anticipated receiving upon
such conversion (a "Buy-In"), then the Company shall (A) pay in cash to the
Holder (in addition to any remedies available to or elected by the Holder) the
amount by which (x) the Holder's total purchase price (including brokerage
commissions, if any) for the Common Stock so purchased exceeds (y) the product
of (1) the aggregate number of shares of Common Stock that such Holder
anticipated receiving from the conversion at issue multiplied by (2) the market
price of the Common Stock at the time of the sale giving rise to such purchase
obligation and (B) at the option of the Holder, either reissue a Debenture in
the principal amount equal to the principal amount of the attempted conversion
or deliver to the Holder the number of shares of Common Stock that would have
been issued had the Company timely complied with its delivery requirements under
SECTION 4(A)(I). For example, if the Holder purchases Common Stock having a
total purchase price of $11,000 to cover a Buy-In with respect to an attempted
conversion of Debentures with respect to which the market price of the
Underlying Shares on the date of

                                       10
<PAGE>

conversion was a total of $10,000 under clause (A) of the immediately preceding
sentence, the Company shall be required to pay the Holder $1,000. The Holder
shall provide the Company written notice indicating the amounts payable to the
Holder in respect of the Buy-In.

     SECTION 5. Notices. Any notices, consents, waivers or other communications
required or permitted to be given under the terms hereof must be in writing and
will be deemed to have been delivered: (i) upon receipt, when delivered
personally; (ii) upon receipt, when sent by facsimile (provided confirmation of
transmission is mechanically or electronically generated and kept on file by the
sending party); or (iii) one (1) Trading Day after deposit with a nationally
recognized overnight delivery service, in each case properly addressed to the
party to receive the same. The addresses and facsimile numbers for such
communications shall be:

If to the Company, to:              SPEECH Switch, Inc.
                                    750 Highway 34
                                    Matawan, NJ 07747
                                    Attention: Bruce Knef
                                    Telephone: (732) 441-7700
                                    Facsimile: (732) 441-9895

With a copy to:                     Meritz & Muenz LLP
                                    2021 O Street, NW
                                    Washington, DC 20036
                                    Attention: Lawrence A. Muenz, Esq.
                                    Telephone: (202) 728-2909
                                    Facsimile: (202) 728-2910

If to the Holder:                   Cornell Capital Partners, LP
                                    101 Hudson Street, Suite 3700
                                    Jersey City, NJ  07303
                                    Attention: Mark Angelo
                                    Telephone: (201) 985-8300
                                    Facsimile: (201) 985-8266

With a copy to:                     David Gonzalez, Esq..
                                    101 Hudson Street - Suite 3700
                                    Jersey City, NJ 07302
                                    Telephone: (201) 985-8300
                                    Facsimile: (201) 985-8266

or at such other address and/or facsimile number and/or to the attention of such
other person as the recipient party has specified by written notice given to
each other party three (3) business days prior to the effectiveness of such
change. Written confirmation of receipt (i) given by the recipient of such
notice, consent, waiver or other communication, (ii) mechanically or
electronically generated by the sender's facsimile machine containing the time,
date, recipient facsimile number and an image of the first page of such
transmission or (iii) provided by a nationally recognized overnight delivery
service, shall be rebuttable evidence of personal

                                       11
<PAGE>

service, receipt by facsimile or receipt from a nationally recognized overnight
delivery service in accordance with clause (i), (ii) or (iii) above,
respectively.

     SECTION 6. Definitions. For the purposes hereof, the following terms shall
have the following meanings:

     "Approved Stock Plan" means a stock option plan that has been approved by
the Board of Directors of the Company prior to the date of the Securities
Purchase Agreement, pursuant to which the Company's securities may be issued
only to any employee, officer or director, consultant and/or legal advisor for
services provided to the Company.

     "Business Day" means any day except Saturday, Sunday and any day which
shall be a federal legal holiday in the United States or a day on which banking
institutions are authorized or required by law or other government action to
close.

     "Change of Control Transaction" means the occurrence of (a) an acquisition
after the date hereof by an individual or legal entity or "group" (as described
in Rule 13d-5(b)(1) promulgated under the Exchange Act) of effective control
(whether through legal or beneficial ownership of capital stock of the Company,
by contract or otherwise) of in excess of fifty percent (50%) of the voting
securities of the Company (except that the acquisition of voting securities by
the Holder shall not constitute a Change of Control Transaction for purposes
hereof), (b) a replacement at one time or over time of more than one-half of the
members of the board of directors of the Company which is not approved by a
majority of those individuals who are members of the board of directors on the
date hereof (or by those individuals who are serving as members of the board of
directors on any date whose nomination to the board of directors was approved by
a majority of the members of the board of directors who are members on the date
hereof), (c) the merger, consolidation or sale of fifty percent (50%) or more of
the assets of the Company or any subsidiary of the Company in one or a series of
related transactions with or into another entity, or (d) the execution by the
Company of an agreement to which the Company is a party or by which it is bound,
providing for any of the events set forth above in (a), (b) or (c).

     "Closing Bid Price" means the price per share in the last reported trade of
the Common Stock on a Primary Market or on the exchange which the Common Stock
is then listed as quoted by Bloomberg, LP.

     "Commission" means the Securities and Exchange Commission.

     "Common Stock" means the common stock, par value $.001, of the Company and
stock of any other class into which such shares may hereafter be changed or
reclassified.

     "Conversion Date" shall mean the date upon which the Holder gives the
Company notice of their intention to effectuate a conversion of this Debenture
into shares of the Company's Common Stock as outlined herein.

     "Exchange Act" means the Securities Exchange Act of 1934, as amended.

     "Excluded Securities" means, (a) shares issued or deemed to have been
issued by the Company pursuant to an Approved Stock Plan (b) shares of Common
Stock issued or deemed to

                                       12
<PAGE>

be issued by the Company upon the conversion, exchange or exercise of any right,
option, obligation or security outstanding on the date prior to date hereof,
provided that the terms of such right, option, obligation or security are not
amended or otherwise modified on or after the date hereof, and provided that the
conversion price, exchange price, exercise price or other purchase price is not
reduced, adjusted or otherwise modified and the number of shares of Common Stock
issued or issuable is not increased (whether by operation of, or in accordance
with, the relevant governing documents or otherwise) on or after the date of the
hereof, (c) the shares of Common Stock issued or deemed to be issued by the
Company upon conversion of this Debenture and (d) shares issued upon the
conversion of convertible debt, Class B Common Stock or the payment of legal
fees to Lawrence A. Muenz, Esq. and/or patent counsel.

     "Original Issue Date" shall mean the date of the first issuance of this
Debenture regardless of the number of transfers and regardless of the number of
instruments, which may be issued to evidence such Debenture.

     "Person" means a corporation, an association, a partnership, organization,
a business, an individual, a government or political subdivision thereof or a
governmental agency.

     "Securities Act" means the Securities Act of 1933, as amended, and the
rules and regulations promulgated thereunder.

     "Trading Day" means a day on which the shares of Common Stock are quoted on
the OTC or quoted or traded on such Primary Market on which the shares of Common
Stock are then quoted or listed; provided, that in the event that the shares of
Common Stock are not listed or quoted, then Trading Day shall mean a Business
Day.

     "Transaction Documents" means this Debenture, the Security Agreement, and
the Irrevocable Transfer Agent Instructions.

     "Underlying Shares" means the shares of Common Stock issuable upon
conversion of this Debenture or as payment of interest in accordance with the
terms hereof.

     SECTION 7. Except as expressly provided herein, no provision of this
Debenture shall alter or impair the obligations of the Company, which are
absolute and unconditional, to pay the principal of, interest and other charges
(if any) on, this Debenture at the time, place, and rate, and in the coin or
currency, herein prescribed. This Debenture is a direct obligation of the
Company. This Debenture ranks pari passu with all other Debentures now or
hereafter issued under the terms set forth herein. As long as this Debenture is
outstanding, the Company shall not and shall cause their subsidiaries not to,
without the consent of the Holder, (i) amend its certificate of incorporation,
bylaws or other charter documents so as to adversely affect any rights of the
Holder; (ii) repay, repurchase or offer to repay, repurchase or otherwise
acquire shares of its Common Stock or other equity securities other than as to
the Underlying Shares to the extent permitted or required under the Transaction
Documents; or (iii) enter into any agreement with respect to any of the
foregoing.

     SECTION 8. This Debenture shall not entitle the Holder to any of the rights
of a stockholder of the Company, including without limitation, the right to
vote, to receive dividends and other distributions, or to receive any notice of,
or to attend, meetings of stockholders or any

                                       13
<PAGE>

other proceedings of the Company, unless and to the extent converted into shares
of Common Stock in accordance with the terms hereof.

     SECTION 9. If this Debenture is mutilated, lost, stolen or destroyed, the
Company shall execute and deliver, in exchange and substitution for and upon
cancellation of the mutilated Debenture, or in lieu of or in substitution for a
lost, stolen or destroyed Debenture, a new Debenture for the principal amount of
this Debenture so mutilated, lost, stolen or destroyed but only upon receipt of
evidence of such loss, theft or destruction of such Debenture, and of the
ownership hereof, and indemnity, if requested, all reasonably satisfactory to
the Company.

     SECTION 10. No indebtedness of the Company is senior to this Debenture in
right of payment, whether with respect to interest, damages or upon liquidation
or dissolution or otherwise. Without the Holder's consent, the Company will not
and will not permit any of their subsidiaries to, directly or indirectly, enter
into, create, incur, assume or suffer to exist any indebtedness of any kind, on
or with respect to any of its property or assets now owned or hereafter acquired
or any interest therein or any income or profits there from that is senior in
any respect to the obligations of the Company under this Debenture.

     SECTION 11. This Debenture shall be governed by and construed in accordance
with the laws of the State of New Jersey, without giving effect to conflicts of
laws thereof. Each of the parties consents to the jurisdiction of the Superior
Courts of the State of New Jersey sitting in Hudson County, New Jersey and the
U.S. District Court for the District of New Jersey sitting in Newark, New Jersey
in connection with any dispute arising under this Debenture and hereby waives,
to the maximum extent permitted by law, any objection, including any objection
based on forum non conveniens to the bringing of any such proceeding in such
jurisdictions.

     SECTION 12. If the Company fails to strictly comply with the terms of this
Debenture, then the Company shall reimburse the Holder promptly for all fees,
costs and expenses, including, without limitation, attorneys' fees and expenses
incurred by the Holder in any action in connection with this Debenture,
including, without limitation, those incurred: (i) during any workout, attempted
workout, and/or in connection with the rendering of legal advice as to the
Holder's rights, remedies and obligations, (ii) collecting any sums which become
due to the Holder, (iii) defending or prosecuting any proceeding or any
counterclaim to any proceeding or appeal; or (iv) the protection, preservation
or enforcement of any rights or remedies of the Holder.

     SECTION 13. Any waiver by the Holder of a breach of any provision of this
Debenture shall not operate as or be construed to be a waiver of any other
breach of such provision or of any breach of any other provision of this
Debenture. The failure of the Holder to insist upon strict adherence to any term
of this Debenture on one or more occasions shall not be considered a waiver or
deprive that party of the right thereafter to insist upon strict adherence to
that term or any other term of this Debenture. Any waiver must be in writing.

     SECTION 14. If any provision of this Debenture is invalid, illegal or
unenforceable, the balance of this Debenture shall remain in effect, and if any
provision is inapplicable to any person or circumstance, it shall nevertheless
remain applicable to all other persons and circumstances. If it shall be found
that any interest or other amount deemed interest due hereunder shall violate
applicable laws governing usury, the applicable rate of interest due

                                       14
<PAGE>

hereunder shall automatically be lowered to equal the maximum permitted rate of
interest. The Company covenants (to the extent that it may lawfully do so) that
it shall not at any time insist upon, plead, or in any manner whatsoever claim
or take the benefit or advantage of, any stay, extension or usury law or other
law which would prohibit or forgive the Company from paying all or any portion
of the principal of or interest on this Debenture as contemplated herein,
wherever enacted, now or at any time hereafter in force, or which may affect the
covenants or the performance of this indenture, and the Company (to the extent
it may lawfully do so) hereby expressly waives all benefits or advantage of any
such law, and covenants that it will not, by resort to any such law, hinder,
delay or impeded the execution of any power herein granted to the Holder, but
will suffer and permit the execution of every such as though no such law has
been enacted.

     SECTION 15. Whenever any payment or other obligation hereunder shall be due
on a day other than a Business Day, such payment shall be made on the next
succeeding Business Day.

     SECTION 16. This Debenture is exchangeable for an equal aggregate principal
amount of Debentures of different authorized denominations, as requested by the
Holder surrendering the same. No service charge will be made for such
registration of transfer or exchange.

     SECTION 17. THE PARTIES HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY
WAIVE THE RIGHT ANY OF THEM MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY
LITIGATION BASED HEREON OR ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS
AGREEMENT OR ANY TRANSACTION DOCUMENT OR ANY COURSE OF CONDUCT, COURSE OF
DEALING, STATEMENTS (WHETHER VERBAL OR WRITTEN) OR ACTIONS OF ANY PARTY. THIS
PROVISION IS A MATERIAL INDUCEMENT FOR THE PARTIES' ACCEPTANCE OF THIS
AGREEMENT.

     SECTION 18. CONSENT OF HOLDER TO SELL CAPITAL STOCK OR GRANT SECURITY
INTERESTS. Notwithstanding anything to the contrary, So long as any of the
principal amount or interest on this Debenture remains unpaid and unconverted,
the Company shall not, without the prior written consent of the Holder, (i)
issue or sell shares of Common Stock or Preferred Stock without consideration or
for a consideration per share less than the bid price of the Common Stock
determined immediately prior to its issuance, except for the issuance of an
equity security pursuant to an agreement to acquire another entity, the assets
of another entity or merge with another entity into the Company or a subsidiary
of the Company whereby (provided the Holder is given at least ten (10) days
written notice of the same): (A) the shareholders of the Company immediately
prior to the consummation of the contemplated transaction continue to hold a
majority of the outstanding Common Stock shares of the Company immediately
subsequent to the consummation of the transaction or (B) the Company holds a
majority of the outstanding Common Stock shares of the subsidiary Company
immediately subsequent to the consummation of the transaction, (ii) issue any
preferred stock, warrant, option, right, contract, call, or other security or
instrument granting the holder thereof the right to acquire Common Stock without
consideration or for a consideration less than such Common Stock's Bid Price
determined immediately prior to its issuance, (iii) enter into any security
instrument granting the holder a

                                       15
<PAGE>

security interest in any and all assets of the Company, or (iv) file any
registration statement on Form S-8, except for the registration of an Approved
Stock Plan. Notwithstanding anything to the contrary, the Company may issue
Common Stock issuable pursuant to the Company's obligations upon the conversion
of stock options, convertible debt or Class B Common Stock or the payment of
legal fees to Lawrence A. Muenz, Esq. and/or patent counsel.

                   [REMAINDER OF PAGE INTENTIONLLY LEFT BLANK]

                                       16
<PAGE>

     IN WITNESS WHEREOF, the Company has caused this Secured Convertible
Debenture to be duly executed by a duly authorized officer as of the date set
forth above.

                                            COMPANY:
                                            SPEECH SWITCH, INC.

                                            By:
                                                -----------------------------
                                            Name: Bruce Knef
                                            Title: Chief Executive Officer

                                       17
<PAGE>

                                    EXHIBIT A

                                CONVERSION NOTICE

        (TO BE EXECUTED BY THE HOLDER IN ORDER TO CONVERT THE DEBENTURE)

TO:

     The undersigned hereby irrevocably elects to convert $ of the principal
amount of Debenture No. SSWC-1-1 into Shares of Common Stock of SPEECH SWITCH,
INC., according to the conditions stated therein, as of the Conversion Date
written below.

CONVERSION DATE:                 _______________________________
AMOUNT TO BE CONVERTED:          $______________________________
CONVERSION PRICE:                $______________________________
NUMBER OF SHARES OF COMMON
STOCK TO BE ISSUED:              _______________________________
AMOUNT OF DEBENTURE
UNCONVERTED:                     $______________________________

PLEASE ISSUE THE SHARES OF COMMON STOCK IN THE FOLLOWING NAME AND TO THE
FOLLOWING ADDRESS: ISSUE TO:

AUTHORIZED SIGNATURE:            _______________________________
NAME:                            _______________________________
TITLE:                           _______________________________
BROKER DTC PARTICIPANT CODE:     _______________________________
ACCOUNT NUMBER:                  _______________________________

                                       18EXHIBIT 10.2
                                                                    ------------

                     IRREVOCABLE TRANSFER AGENT INSTRUCTIONS

                                 March 30, 2007

     RE: SPEECH SWITCH, INC.

Ladies and Gentlemen:

     Reference is made to that certain Convertible Debenture of even date
herewith issued by Speech Switch, Inc., a New Jersey corporation (the "Company")
to Cornell Capital Partners, LP ("Cornell") in the aggregate principal amount of
One Million Dollars ($1,000,000) (the "Debenture"), plus accrued interest, which
is convertible into shares of the Company's common stock, par value $0.001 per
share (the "Common Stock"), Cornell's discretion. These instructions relate to
the following stock or proposed stock issuances or transfers:

     1.   The Company has agreed to issue to Cornell shares of the Company's
          Common Stock upon conversion of the Debenture ("Conversion Shares")
          plus the shares of Common Stock to be issued to Cornell upon
          conversion of accrued interest and liquidated damages into Common
          Stock (the "Interest Shares")

This letter shall serve as our irrevocable authorization and direction to
Fidelity Transfer Company (the "Transfer Agent") to do the following:

     1.   CONVERSION SHARES.

          a.   INSTRUCTIONS APPLICABLE TO TRANSFER AGENT. With respect to the
               Conversion Shares and the Interest Shares, the Transfer Agent
               shall issue the Conversion Shares and the Interest Shares to
               Cornell from time to time upon delivery to the Transfer Agent of
               a properly completed and duly executed Conversion Notice (the
               "Conversion Notice"), in the form attached hereto as Exhibit I,
               delivered on behalf of the Company to the Transfer Agent by
               Cornell. Upon receipt of a Conversion Notice, the Transfer Agent
               shall within three (3) Trading Days thereafter (i) issue and
               surrender to a common carrier for overnight delivery to the
               address as specified in the Conversion Notice, a

<PAGE>

               certificate, registered in the name of Cornell or their
               designees, for the number of shares of Common Stock to which
               Cornell shall be entitled as set forth in the Conversion Notice
               or (ii) provided Transfer Agent are participating in The
               Depository Trust Company ("DTC") Fast Automated Securities
               Transfer Program, upon the request of Cornell, credit such
               aggregate number of shares of Common Stock to which Cornell shall
               be entitled to Cornell's or their designees' balance account with
               DTC through its Deposit Withdrawal At Custodian ("DWAC") system
               provided the Buyers causes its bank or broker to initiate the
               DWAC transaction. For purposes hereof "Trading DAY" shall mean
               any day on which the Nasdaq Market is open for customary trading.

          b.   The Company hereby confirms to the Transfer Agent and Cornell
               that certificates representing the Conversion Shares shall not
               bear any legend restricting transfer and should not be subject to
               any stop-transfer restrictions and shall otherwise be freely
               transferable on the books and records of the Company; PROVIDED
               THAT counsel to the Company delivers (i) the Notice of
               Effectiveness set forth in Exhibit II attached hereto and (ii) an
               opinion of counsel in the form set forth in Exhibit III attached
               hereto, and that if the Conversion Shares and the Interest Shares
               are not registered for sale under the Securities Act of 1933, as
               amended, then the certificates for the Conversion Shares and
               Interest Shares shall bear the following legend:

               "THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
               REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR
               APPLICABLE STATE SECURITIES LAWS. THE SECURITIES HAVE BEEN
               ACQUIRED FOR INVESTMENT AND MAY NOT BE OFFERED FOR SALE, SOLD,
               TRANSFERRED OR ASSIGNED IN THE ABSENCE OF AN EFFECTIVE
               REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES
               ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS, OR
               AN OPINION OF COUNSEL, IN A FORM REASONABLY ACCEPTABLE TO THE
               COMPANY, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR
               APPLICABLE STATE SECURITIES LAWS OR UNLESS SOLD PURSUANT TO RULE
               144 UNDER SAID ACT."

          c.   In the event that counsel to the Company fails or refuses to
               render an opinion as required to issue the Conversion Shares in
               accordance with the preceding paragraph (either with or without
               restrictive legends, as applicable), then the Company irrevocably
               and expressly authorizes counsel to Cornell to render such
               opinion. The Transfer Agent shall accept and be entitled to rely
               on such opinion for the purposes of issuing the Conversion
               Shares.

          d.   INSTRUCTIONS APPLICABLE TO ESCROW AGENT. Upon the Escrow Agent's
               receipt of a properly completed conversion notice substantially
               in the form attached as an exhibit to the Debentures, the Escrow
               Agent shall, within one (1) Trading Day thereafter, send to the
               Transfer Agent a Conversion Notice in the form attached hereto as
               Exhibit I, which shall constitute an irrevocable instruction

                                        2
<PAGE>

               to the Transfer Agent to process such Conversion Notice in
               accordance with the terms of these instructions.

     2.   ALL SHARES.

          a.   The Transfer Agent shall reserve for issuance to Cornell the
               Conversion Shares. All such shares shall remain in reserve with
               the Transfer Agent until Cornell the Transfer Agent instructions
               that the shares or any part of them shall be taken out of reserve
               and shall no longer be subject to the terms of these
               instructions.

          b.   The Transfer Agent shall rely exclusively on the Conversion
               Notice or the Escrow Notice and shall have no liability for
               relying on such instructions. Any Conversion Notice or Escrow
               Notice delivered hereunder shall constitute an irrevocable
               instruction to the Transfer Agent to process such notice or
               notices in accordance with the terms thereof. Such notice or
               notices may be transmitted to the Transfer Agent by facsimile or
               any commercially reasonable method.

          c.   The Company hereby confirms to the Transfer Agent Cornell that no
               instructions other than as contemplated herein will be given to
               Transfer Agent by the Company with respect to the matters
               referenced herein. The Company hereby authorizes the Transfer
               Agent, and the Transfer Agent shall be obligated, to disregard
               any contrary instructions received by or on behalf of the
               Company.

     The Company hereby agrees that it shall not replace the Transfer Agent as
the Company's transfer agent without the prior written consent of Cornell.

     Any attempt by Transfer Agent to resign as the Company's transfer agent
hereunder shall not be effective until such time as the Company provides to the
Transfer Agent written notice that a suitable replacement has agreed to serve as
transfer agent and to be bound by the terms and conditions of these Irrevocable
Transfer Agent Instructions.

     The Company herby confirms and the Transfer Agent acknowledges that while
any portion of the Debenture remains unpaid and unconverted the Company and the
Transfer Agent shall not, without the prior consent of Cornell (i) issue any
Common Stock or Preferred Stock without consideration or for a consideration per
share less than its closing bid price determined immediately prior to its
issuance, (ii) issue any Preferred Stock, warrant, option, right, contract,
call, or other security or instrument granting the holder thereof the right to
acquire Common Stock without consideration or for a consideration per share less
than the closing bid price of such Common Stock determined immediately prior to
its issuance, (iii) issue any S-8 shares of the Company's Common Stock.

     The Company and the Transfer Agent hereby acknowledge and confirm that
complying with the terms of this Agreement does not and shall not prohibit the
Transfer Agent from satisfying any and all fiduciary responsibilities and duties
it may owe to the Company.

                                        3
<PAGE>

     Each party hereto specifically acknowledges and agrees that in the event of
a breach or threatened breach by a party hereto of any provision hereof, Cornell
will be irreparably damaged and that damages at law would be an inadequate
remedy if these Irrevocable Transfer Agent Instructions were not specifically
enforced. Therefore, in the event of a breach or threatened breach by a party
hereto, including, without limitation, the attempted termination of the agency
relationship created by this instrument, the Buyers shall be entitled, in
addition to all other rights or remedies, to an injunction restraining such
breach, without being required to show any actual damage or to post any bond or
other security, and/or to a decree for specific performance of the provisions of
these Irrevocable Transfer Agent Instructions.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

                                        4
<PAGE>

     IN WITNESS WHEREOF, the parties have caused this letter agreement regarding
Irrevocable Transfer Agent Instructions to be duly executed and delivered as of
the date first written above.

                                                COMPANY:

                                                SPEECH SWITCH, INC.

                                                By: _____________________
                                                Name: Bruce Knef
                                                Title: Chief Executive Officer

                                                David Gonzalez, Esq.

Fidelity Transfer Company
By: ___________________________
Name: _________________________
Title: ________________________

                                        5
<PAGE>

                                   SCHEDULE I
                                   ----------

                               SCHEDULE OF BUYERS
                               ------------------
<TABLE><CAPTION>
                                                                    ADDRESS/FACSIMILE
NAME                              SIGNATURE                         NUMBER OF BUYERS
<S>                               <C>                               <C>
Cornell Capital Partners, LP      By: Yorkville Advisors, LLC       101 Hudson Street - Suite 3700
                                  Its: General Partner              Jersey City, NJ  07303
                                                                    Facsimile: (201) 985-8266

                                  By: _______________________
                                  Name: Mark Angelo
                                  Its: Portfolio Manager

</TABLE>

                                  SCHEDULE I-1
<PAGE>

                                    EXHIBIT I

                   TO IRREVOCABLE TRANSFER AGENT INSTRUCTIONS

                            FORM OF CONVERSION NOTICE

     Reference is made to that certain Convertible Debenture issued by Speech
Switch, Inc., a New Jersey corporation (the "Company") to Cornell Capital
Partners, LP ("Cornell") dated March ____ 2007 (the "Debenture"), plus accrued
interest, which is convertible into shares of the Company's common stock, par
value $0.001 per share (the "Common Stock"), of the Company for the amount
indicated below as of the date specified below.

Conversion Date:                               ____________________________

Amount to be converted:                        $___________________________

Conversion Price:                              $___________________________

Shares of Common Stock Issuable:

Amount of Debenture unconverted:               $___________________________

Amount of Interest Converted:                  $___________________________

Conversion Price of Interest:                  $___________________________

Shares of Common Stock Issuable:

Amount of Liquidated Damages:                  $___________________________

Conversion Price of Liquidated Damages:        $___________________________

Shares of Common Stock Issuable:               ____________________________

Total Number of shares of Common
Stock to be issued:                            ____________________________

                                   EXHIBIT I-1
<PAGE>

Please issue the shares of Common Stock in the following name and to the
following address:

Issue to:                                      ____________________________

Authorized Signature:                          ____________________________

Name:                                          ____________________________

Title:                                         ____________________________

Phone #:                                       ____________________________

Broker DTC Participant Code:                   ____________________________

Account Number*:                               ____________________________

     * NOTE THAT RECEIVING BROKER MUST INITIATE TRANSACTION ON DWAC SYSTEM.

                                        2
<PAGE>

                                   EXHIBIT II

                   TO IRREVOCABLE TRANSFER AGENT INSTRUCTIONS

                         FORM OF NOTICE OF EFFECTIVENESS
                            OF REGISTRATION STATEMENT

_________, 2005

_________

Attention:

RE: SPEECH SWITCH, INC.

Ladies and Gentlemen:

     We are counsel to Speech Switch, Inc., (the "Company"), and have
represented the Company in connection with that certain Securities Purchase
Agreement, dated as of March __, 2007 (the "Securities Purchase Agreement"),
entered into by and among the Company and the Buyers set forth on Schedule I
attached thereto (collectively the "Buyers") pursuant to which the Company has
agreed to sell to the Buyers up to One Million Dollars ($1,000,000) of secured
convertible debentures, which shall be convertible into shares (the "Conversion
Shares") of the Company's common stock, par value $0.001 per share (the "Common
Stock"), in accordance with the terms of the Securities Purchase Agreement.
Pursuant to the Securities Purchase Agreement, the Company also has entered into
a Registration Rights Agreement, dated as of March ___, 2007, with the Buyers
(the "Investor Registration Rights Agreement") pursuant to which the Company
agreed, among other things, to register the Conversion Shares under the
Securities Act of 1933, as amended (the "1933 Act"). In connection with the
Company's obligations under the Securities Purchase Agreement and the
Registration Rights Agreement, on _______, 2005, the Company filed a
Registration Statement (File No. ___-_________) (the "Registration Statement")
with the Securities and Exchange Commission (the "SEC") relating to the sale of
the Conversion Shares.

     In connection with the foregoing, we advise the Transfer Agent that a
member of the SEC's staff has advised us by telephone that the SEC has entered
an order declaring the Registration Statement effective under the 1933 Act at
____ P.M. on __________, 2005 and we have no knowledge, after telephonic inquiry
of a member of the SEC's staff, that any stop order suspending its effectiveness
has been issued or that any proceedings for that purpose are pending before, or
threatened by, the SEC and the Conversion Shares are available for sale under
the 1933 Act pursuant to the Registration Statement.

                                  EXHIBIT II-1
<PAGE>

     The Buyers has confirmed it shall comply with all securities laws and
regulations applicable to it including applicable prospectus delivery
requirements upon sale of the Conversion Shares.

                                                     Very truly yours,

                                                     By: ______________________

                                  EXHIBIT II-2
<PAGE>

                                   EXHIBIT III

                   TO IRREVOCABLE TRANSFER AGENT INSTRUCTIONS

                                 FORM OF OPINION

________________ 2007

VIA FACSIMILE AND REGULAR MAIL

________

Attention:

         RE: SPEECH SWITCH, INC.

Ladies and Gentlemen:

     We have acted as special counsel to Speech Switch, Inc. (the "Company"), in
connection with the registration of ___________shares (the "Shares") of its
common stock with the Securities and Exchange Commission (the "SEC"). We have
not acted as your counsel. This opinion is given at the request and with the
consent of the Company.

     In rendering this opinion we have relied on the accuracy of the Company's
Registration Statement on Form SB-2, as amended (the "Registration Statement"),
filed by the Company with the SEC on _________ ___, 2006. The Company filed the
Registration Statement on behalf of certain selling stockholders (the "Selling
Stockholders"). This opinion relates SOLELY to the Selling Shareholders listed
on Exhibit "A" hereto and number of Shares set forth opposite such Selling
Stockholders' names. The SEC declared the Registration Statement effective on
__________ ___, 2006.

     We understand that the Selling Stockholders acquired the Shares in a
private offering exempt from registration under the Securities Act of 1933, as
amended. Information regarding the Shares to be sold by the Selling Shareholders
is contained under the heading "Selling Stockholders" in the Registration
Statement, which information is incorporated herein by reference. This opinion
does not relate to the issuance of the Shares to the Selling Stockholders. The
opinions set forth herein relate solely to the sale or transfer by the Selling
Stockholders pursuant to the Registration Statement under the Federal laws of
the United States of America. We do not express any opinion concerning any law
of any state or other jurisdiction.

     In rendering this opinion we have relied upon the accuracy of the foregoing
statements.

                                  EXHIBIT III-1
<PAGE>

     Based on the foregoing, it is our opinion that the Shares have been
registered with the Securities and Exchange Commission under the Securities Act
of 1933, as amended, and that ________ may remove the restrictive legends
contained on the Shares. This opinion relates SOLELY to the number of Shares set
forth opposite the Selling Stockholders listed on Exhibit "A" hereto.

         This opinion is furnished to Transfer Agent specifically in connection
with the sale or transfer of the Shares, and solely for your information and
benefit. This letter may not be relied upon by Transfer Agent in any other
connection, and it may not be relied upon by any other person or entity for any
purpose without our prior written consent. This opinion may not be assigned,
quoted or used without our prior written consent. The opinions set forth herein
are rendered as of the date hereof and we will not supplement this opinion with
respect to changes in the law or factual matters subsequent to the date hereof.

Very truly yours,

                                  EXHIBIT III-2
<PAGE>

                                   EXHIBIT "A"

                         (LIST OF SELLING STOCKHOLDERS)

NAME: _____________________________________    NO. OF SHARES: __________________

                                   EXHIBIT A-1

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