CallWave Named ''Company of the Year'' by South Coast Business & Technology Awards.SANTA BARBARA, Calif. -- CallWave, Inc. (Nasdaq:CALL), a leading provider of VoIP enhanced services, today announced it has been honored as Company of the Year by the South Coast Business & Technology Awards. The award was presented to CallWave last night during the 11th annual SCBTA SCBTA Suffolk County Business Teachers Association SCBTA South Carolina Business Travel Association SCBTA South Carolina Biology Teacher's Association Dinner event, the largest business gathering of the year on the South Coast. Proceeds from the event are donated to the Scholarship Foundation of Santa Barbara to fund scholarships for local students attending Santa Barbara City College As of 2004, total enrollment of full-time and part-time students reached 17,000. It is currently led by President John Romo, who will be retiring at the end of Spring 2008 after seven years with the institution. , Westmont and University of California, Santa Barbara History The predecessor to UCSB, Santa Barbara State College, focused on teacher training, industrial arts, home economics, and foreign languages. Intense lobbying by an interest group in the City of Santa Barbara led by Thomas Storke and Pearl Chase persuaded the State . "Founded by UCSB UCSB University of California at Santa Barbara UCSB University of Casual Sex and Beer graduates and headquartered in Santa Barbara, CallWave has its roots in the South Coast and continues to have a positive impact on the local community, economy and job market," said Jeff Carmody, a member of the SCBTA steering committee's nominations subcommittee. "The company's leading position in the VoIP market, its sustained profitability and its successful IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. in a difficult public securities market last year all influenced our decision to select CallWave as the Company of the Year." The annual SCBTA event was founded to bring the business community together to recognize leading South Coast businesses and business people, with the goal to raise scholarship funds for local students. The Company of the Year is awarded annually to the organization that has had a substantial impact on the business community on the South Coast, realized consistent excellence and achieved industry leadership in the particular market in which it operates. "As a company founded in Santa Barbara, we are proud to receive this award from the SCBTA," said Dave Hofstatter, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CallWave. "We view our location on the South Coast as a strategic advantage, and we look forward to continuing our growth here for years to come." About CallWave CallWave (Nasdaq:CALL) is a leader in VoIP enhanced services for the consumer and small business markets. The company provides VoIP application services on a subscription basis that add features and functionality to both the landline and wireless telecommunications services used in mainstream homes and small offices. CallWave's proprietary VoIP software allows subscribers to get more out of their existing networks -- landline, mobile, and IP -- by adding software-based call-handling features, and by bridging all three networks to help subscribers get their important calls. Founded in 1998, CallWave is headquartered in Santa Barbara, California Santa Barbara is a city in California, United States. It is the county seat of Santa Barbara County, California. As of the 2000 census, the city had a total population of 92,325. . For further information, please visit www.callwave.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements in this press release regarding CallWave Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Quarterly Report or Form 10-Q for the most recently ended fiscal quarter. |
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