December 18, 2002

Oakland, California - December 18, 2002 - The MegaPhone Company, a worldwide leader in personalized telephony solutions, today announced the release of MegaPhone 2002 for Windows. This product has been developed to support new modems, new PCs and new versions of the Windows operating system for the large and loyal community of users of legacy MegaPhone software.

MegaPhone 2002 for Windows is a screen-based telephony application that harnesses the power of personal computers to optimize the effectiveness of telephone communications. MegaPhone enables users to save time, reduce and recover costs, generate audit trails of calls, automate record keeping and enhance the management of their fax and voice telephone calls.

MegaPhone 2002 for Windows delivers a robust suite of features such as drag-and-drop dialing, call logging, Contact Capture, TouchTone Navigator and Smart Speed Dial. These are combined with a complete package of fax functionality that includes automatic fax call arbitration, unattended fax reception and the capacity to send faxes directly from applications. MegaPhone 2002 for Windows supports Windows 95b, 98, 98SE, 2000 and Windows XP Home & Professional.

The MegaPhone Company was established in June of 2002 to develop next generation telephony solutions. ³We brought MegaPhone 2002 for Windows to market to serve the telephony needs of the large installed base of MegaPhone users,² said Mike Speiser, President of The MegaPhone Company. ³Our best estimates indicate that more than 6 million versions of MegaPhone for Windows have been shipped over the lifespan of this product, bundled with computers sold by companies such as Compaq and Gateway. Now, users have the opportunity to buy a new and fully supported version of their favorite telephony application that will run on current Windows operating systems. The release of MegaPhone 2002 for Windows is a step towards our goal of enabling users to integrate telephony into their mission-critical applications.²

Along with Megaphone 2002, the suite of products offered by The MegaPhone Company includes PhonePro for Macintosh, the original easy-to-use telephony application builder that enables users to quickly build powerful visual scripts to handle telephone calls and interaction with callers.

MegaPhone 2002 for Windows is available to legacy MegaPhone customers for a limited time for a special price of $59.00. New customers can purchase a serial number for an introductory price of $79.00, a 20% reduction from the list price of $99.00.

Established in June of 2002, The MegaPhone Companyıs mission is to develop solutions that fulfill the promise of customizable telephony. The MegaPhone Company seeks to deliver affordable, high-quality and easy-to-use software products that enable users to build customized telephony solutions. The MegaPhone Company has acquired the rights to two product lines: MegaPhone and PhonePro. With millions of copies shipped around the world, these products are among the most widely distributed computer telephony applications on the market. The MegaPhone Companyıs products are designed to serve the needs of the existing user communities of MegaPhone and Phone Pro, in addition to those individuals and businesses that recognize the benefits of software that is the catalyst for an intelligent marriage of two of the most pervasive technologies of our era.

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