CallWave Announces the FREE Internet Answering Machine; www.callwave.com Means You Will Never Miss Another Phone Call While You are Online.

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Oct. 5, 1999--

CallWave announced the first and only FREE Internet Answering Machine(SM), that makes it possible to hear who's calling while you are surfing the Internet, chatting on America-On-Line (NYSE:AOL), or bidding on eBay (NASDAQ:EBAY)!

Internet users no longer need to order, install or pay for a separate telephone line to make sure that they don't miss important calls while online. "Currently, about 16.6 million households are sharing one telephone line for both incoming calls and Internet access -- and that number is expected to increase in the coming year," according to Dana Thorat, Research Analyst at International Data Corp.

"The free Internet Answering Machine finally makes it possible for people to enjoy their Internet experience without missing any important incoming telephone calls," said David Hofstatter, executive vice president of CallWave.com. "If you are calling someone who is always online, send them the Internet Answering Machine software so they won't ever miss your phone calls again!"

The Internet Answering Machine eliminates annoying busy signals for callers trying to reach someone who is online. Instead of getting a busy signal, the caller can leave a voice message which the online user hears instantly over the speakers on their computer. The Internet Answering Machine occupies a small window on the user's computer screen while they are online. It displays incoming calls, plays messages and saves them for later.

According to Paul Stockford, director, Voice and Data Communications Research, Cahners In-Stat Group, "Callwave's new IAM provides an inexpensive and elegant way for those with only a single telephone line to surf the Internet without fear of missing an important telephone call. By using IAM, people no longer have to buy extra phone lines to ensure complete voice and data communications capabilities in the single-line home or small business."

College students no longer have to purchase a separate line to surf the net without missing important calls. Computer savvy seniors are freed from the expense of having a separate line. Teens can receive their important messages while dad is surfing the net. Internet Answering Machine helps eliminate pesky and annoying telephone solicitations. By listening to the recorded messages, users can easily screen out annoying telephone solicitations and only return the important calls.

The Technical Stuff

Installing the Internet Answering Machine is easy. All you have to do is visit the CallWave Web site, http://www.callwave.com, and in less than a minute, download the free software. The small installation program will register the service as well as set up the Internet Answering Machine. In addition, the software includes demos and simple instructions. Internet Answering Machine is compatible with PCs running Microsoft Windows 95, Windows 98, Windows NT, and Windows 2000. Internet Answering Machine works with the Busy Call Forwarding feature of the user's phone line to answer calls while the user is on-line.

Once activated, callers no longer get busy signals when the user is online. Instead, they will hear a brief CallWave greeting and can leave a short message at the tone. The IAM will play the voice message over the computer's speakers or headphone. Just like with a home answering machine, IAM users will be able to playback, repeat, and delete voice messages.

About CallWave.com(TM)

CallWave.com is a new type of Internet telephone company with corporate offices in Santa Barbara, Calif. 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. Business development inquiries should be directed to Chuck Menzel at [e-mail] or by telephone to 805/690-4122.

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