He worked professionally at Dragon Systems.

Dragon Systems had been acquired by Lernout in 2000 for more than $500 million in stock.

When Dragon Systems introduced its software called Naturally Speaking, it cost $700.

And the founders of Dragon Systems plan to bid for Lernout's core businesses.

The new company would receive Lernout's technology and personnel, including assets from the former Dragon Systems.

But Dragon Systems did not act like an explosive technological start-up.

James K. Baker is the founder of Dragon Systems.

Steve announced that Dragon Systems was bringing their speech recognition software to the Mac.

Dragon Systems released "Naturally Speaking" in 1997, which recognized normal human speech.

Dragon Systems released NaturallySpeaking 1.0 as their first continuous dictation product in 1997.