That is correct !

The Speak and Spell ! the toy that everybody love to “bend”.
You can hear the sounds of the Speak & Spell in countless songs, from LFO techno anthem “LFO” to obscure Japanese techno pop tracks. The magic of Linear Predictive Encoding + funky electronic = the sound we all need.
We found about three free VST plugins that are inspired by the 80’s speaking toy.
They’re all sample based, but funny :

1. Speak N Spell 80 by GrooveZing

Speak N spell 80 VST

http://www.groovezing.com/en/plugins/speaknspell80.php

Based on samples from the Speak and Spell toy, this plugin let you map the synthetic words on the MIDI keyboard; or play any word / combination of words like a sampler.
React to pitch bend, and is available in 32 & 64 bit for Windows!
The project is recent so let’s hope it will get some update, with more BEND options !

2. Necromare Speak And Teach VST

Speak And Teach VST

http://necromare.blogspot.com/
download : here

It’s basically just a sample player, created with Maize sampler, all MIDI keys are mapped with a speak and spell sample. Available for Windows (32 bit only)

3. SonicAlienz Incantor

SonicAlienZ Incantor VST

http://sonicalienz.com/pageview/sonicalienz/vst.htm

It’s a bended to death speak and spell emulator : the sound is between pure random and harsh unusable noise, that’ fun.
Made with Synthedit.