Wow, what a ride! And it’s just beginning. . .
Friday, August 6th, 2010
We started working for a small start-up out of Palm Beach, Florida, around this time three years ago. It was a small company with a small device, but one with huge executive experience, personality and ideas. At first, it was hard to grasp how big this would be and how fast it would take off, but the founder knew from the beginning. They would offer high-quality local and long distance service to millions of consumers for $20 a year. This little company created the magicJack. Sound familiar? I hope you’ve heard about them from reading some of the fantastic print coverage they’ve received: Walt’s column in the Wall Street Journal , or any number of reviews from outlets like New York Times, AP, PC Magazine, Good Housekeeping, ABC News, Rachael Ray and The Early Show. All of these gave honest reviews that showed that this device wasn’t too good to be true – it works and it saves you money. It could also be that you watch TV and have seen their informercials and commercials – a very aggressive and successful campaign by anyone’s standards. Hopefully, you’re one of their 6.5 million customers and enjoying a low-cost calling option.
Last month marked an exciting new stage for the company. magicJack’s parent company YMAX merged with VOIP pioneer VocalTec, an Israeli-based company traded on the NASDAQ. Overnight, YMAX became VocalTec and began trading under the NASDAQ symbol CALL. At the same time, they discussed new ways consumers will be able to experience the company’s voice service, such as on your mobile phone via a femtocell solution and through mobile apps. It’s a new era for the company and one we are excited to participate in!

