2007-7-19

Palo Alto, Calif. —July 19, 2007—Today, ooma Inc. announces an innovative consumer technology dedicated to transforming home telephony from being service-oriented to device-oriented and delivers a new way of calling that brings significant long distance cost savings to consumers. The ooma™ system provides a better phone experience, by enabling unlimited U.S. domestic calls via a broadband connection to any wireless or wireline phone number. A nationwide invitation-only White Rabbit BETA program also begins today and general availability of the ooma device is scheduled for the fall of 2007.

Since founding the company in 2005, ooma CEO Andrew Frame has been developing the ooma hardware and software with a team of engineers experienced in embedded system development, VoIP, carrier operations, hardware engineering, high volume consumer devices, Linux and operations support systems.

The concept for ooma originated from Frame’s passion for bringing innovation to home telephony. “I believe that consumers should have a better phone experience, one that combines convenience, innovation and cost savings,” said Frame. “Just as consumers transformed the functionality of their television through TiVo and their music with the iPod, we expect that they will reinvent the way they use their home phone with an ooma system.”

Patrick Monaghan, a senior analyst for Yankee Group, agrees with Frame that consumers are demanding more from their residential phone experience. “ooma is tapping into a category that is starving for a new solution,” he said. “It is refreshing to see a product as innovative as ooma in this space—offering a unique approach to making long-distance calls from existing phones, via a peer-to-peer solution."

The ooma Experience

An ooma system in your home includes the ooma Hubâ„¢ connected to your broadband connection and your primary phone, and an ooma Scoutâ„¢ for each additional active phone extension you use in your house. For example, if customers use three active phone extensions with current landline phone service, ooma recommends one ooma Hub, and two additional ooma Scouts.

Each system comes with a suite of innovative features including:

• Instant Second Lineâ„¢ – gives users access to a second line in their home, with no installation or new phones
• Broadband Answering Machineâ„¢ – combines the power of voicemail with the convenience of the Internet and ease-of-use of a traditional answering machine
• ooma Dial Toneâ„¢ – delivers unique tonality through an audio interface, creating a new dial tone
• ooma Lounge – provides consumers with the ability to manage their voice mail and call settings online

Reinventing Home Telephone Service

In creating ooma, Frame pooled the knowledge of several leading entrepreneurs -- including TiVo co-founder Mike Ramsay and Napster co-founder Sean Parker -- with extensive experience in deploying disruptive consumer technologies. “ooma is poised to change the telecommunications category, in much the same way that TiVo changed the landscape of broadcast television,” said Ramsay, who is also an ooma Board member. “The ooma device gives consumers a better way to connect to each other with ease of use and lower cost while, at the same time, providing a platform to receive future services delivered directly from ooma.”