CallWave's Internet Answering Machine Leads the Pack This Awards Season; IAM Named ``Best of...'' on Numerous Sites.

Business Editors and High-Tech Writers

SANTA BARBARA, Calif.--(BUSINESS WIRE)--March 21, 2000

With awards season upon Hollywood in full force, CallWave is striding down the red carpet in style.

And the award goes to ... Callwave's Internet Answering Machine.

Critics love it, audiences adore it. CNET hailed the Internet Answering Machine as a "brilliant alternative to a second phone line." CallWave's Internet Answering Machine, fresh off its blockbuster milestones of reaching 1 million customers and delivering 10 million calls a month, proudly announces victories in 10 major Internet categories:

-- PC World's April 2000 Issue named IAM one of the best Web bargains in its
5th Annual Best Free Stuff Online.

-- IAM rated exceptional by three major players in the download market,
achieving ZDNet Editor's Pick & 5 Star rating (out of 5), Tucows's 4 Cows (out
of 5), and Jumbo's 9 Stars (Out of 10).

-- Rafe Needleman "caught" CallWave twice in Red Herring's Catch of the Day.

-- In a rare double-trump, IAM took 50 Best Products of 1999 and 50 Best
Websites of 1999 from Computer Journal.

-- IAM has consistently been a Top 5 Download on TechWeb, the premier site for
IT professionals.

-- AOL featured IAM as its Site of the Week.

-- The Los Angeles Business Journal named IAM its Site of the Week.

-- 4Anything.com listed IAM as a Featured Site under Computers & Internet.

"We have so many people to thank, especially the over 1 million families who have already downloaded IAM and use it on a regular basis -- more than any other similar service out there," said Dave Hofstatter, president of CallWave. "It means so much to us that they like it, they really like it."

In a strong show of fan support, IAM family man Mike Goetz summed it up in two words: "Totally Awesome." Goetz continued by saying, "With the Internet, keeping in touch with relatives and friends is a big plus. I've always been concerned about a call not getting through in an emergency, just because I'm surfing the Net. IAM takes care of that. What a great feature -- it is the single most useful and 'works as advertised' item I have ever downloaded from the Internet."

CallWave's free Internet Answering Machine (IAM) enables Internet users to hear who's calling while they're online. IAM also eliminates annoying busy signals for callers trying to reach someone who is online. Instead of getting a busy signal, callers can leave a voice message that the online user hears instantly over the speakers on their PC. The Internet Answering Machine occupies a small window on the user's computer screen while they are online and displays incoming calls, plays messages, and saves them for replaying later.

About CallWave(TM)

CallWave is a new type of Internet-based telephone company with corporate offices in Santa Barbara. CallWave's mission is to give Internet users the convenience and functionality of extra phone lines in their home or small office, without having to install or pay for additional lines from the phone company. CallWave's Internet Answering Machine is a free alternative to a dedicated modem line, and the FaxWave fax-to-email service is a free alternative to a dedicated fax line. Both services are available to Internet users nationwide, and use open file formats, enabling voice and fax messages to be reviewed on and forwarded to almost any computer.

Media inquires should be directed to Bruce Thompson at [e-mail] or by telephone to 805/690-4115.

CallWave, Internet Answering Machine and FaxWave are service marks of CallWave Inc. All other trademarks are the property of their respective owners. To subscribe or for more information, visit http://www.callwave.com.

"ACADEMY AWARDS(R)," and "OSCAR(R)" and the OSCAR(R) statuette are the registered trademarks and service marks, and the OSCAR(R) statuette the copyrighted property, of the Academy of Motion Picture Arts and Sciences.