CallWave Rings Up VoIP Technology

Santa Barbara-based CallWave said yesterday that it has made an equity investment and entered into a license agreement with London-based ring2 Communications Ltd., a provider of enhanced telephony and conference applications for businesses. ring2 provides PC-based person-to-person calling and conference-call services through a PC software application. CallWave said that the deal will allow it to offer broadband outbound dial capability to its users.