Wave 2.0 Software Release Recognized for Exceptional Innovation in providing critical business applications.

"The Innovation Award exemplifies the best and the most unique products and services that this industry has to offer. Vertical has proven their commitment to quality and the further development of the IP communications industry through its Wave IP", stated Tom Keating, CTO and TMC Labs Founder.

The TMC Labs Innovation Award honors products that display innovation, unique features, and significant contributions toward improving communications technology. The TMC Labs Innovation Awards are granted to those companies demonstrating 'ground-breaking' contributions to the industry.

"Today's award represents industry expert recognition and validation of the power of Wave IP's Application Ready architecture – the ability to deliver high-value voice applications integrated with VoIP telephony as a single system", said Peter Bailey, CEO & President for Vertical Communications. "Wave IP offers customers a full portfolio of integrated business applications that can enhance business operations, increase productivity through best practices, and drive savings in operational and management costs. As a fully integrated "on-the-box" solution, these capabilities do not require any additional infrastructure investment and can be deployed and managed through Wave IP's Global Administrator console."

The Wave IP Business Communications System is a comprehensive IP business phone system family designed for enterprises of all sizes. Cost-sensitive small- to medium-sized businesses, and larger distributed organizations seeking to reduce overhead associated with managing business communications can easily transform their legacy telephony infrastructure into an application-rich, next-generation VoIP solution by deploying Wave IP. As a fully integrated solution, Wave IP offers customers ultimate flexibility and features – unified communications, contact center, call recording, reporting, networking, management, custom call routing applications and IVR – in a single system.