•

each person (or group of affiliated persons) who, insofar as we have been able to ascertain, beneficially owned more than 5% of the outstanding shares of our common stock;

•

each director;

•

each named executive; and

•

all directors and executive officers as a group.

Name and Address of

Beneficial Owner ⁽¹⁾

Amount and Nature of

Beneficial Ownership ⁽²⁾

Percent of

Class

10% Stockholders:

None

Directors:

Douglas Polinsky

102,000

 *   

J. Gregory Smith

0

Denis Yevstifeyev

0

David Mansueto

1,143,857

1.3

 %

Executive Officers:

Christopher Spencer, Chief Executive Officer

3,049,934

3.4

 %

John L. Busshaus, Chief Financial Officer

337,500

 ⁽³⁾

*

All directors and executive officers as a group (7 persons)

4,633,291

5.2

 %

*

Less than 1%

 (1)

The address of each director and officer is c/o Wizzard Software Corporation, 5001 Baum Blvd.  Suite 770, Pittsburgh, Pennsylvania 15213.

 (2)

The persons named in this table have sole voting and investment power with respect to all shares of common stock reflected as beneficially owned by them. A person is deemed to be the beneficial owner of securities that can be acquired by such person within sixty (60) days from April 1, 2011, and the total outstanding shares used to calculate each beneficial owner’s percentage includes such shares, although such shares are not taken into account in the calculations of the total number of shares or percentage of outstanding shares. Beneficial ownership as reported does not include shares subject to option or conversion that are not exercisable within 60 days of April 1, 2011.

  (3)

Includes 337,500 stock options that are vested or will vest within 60 days of April 1, 2011.