June 28, 2006

Vonage to Unveil Computer Phone this Week

NEW YORK (Reuters) - Internet phone company Vonage Holdings Corp. is expected to unveil as early as Wednesday a plug-in device that will turn a computer into a phone, The Wall Street Journal reported.

The device, dubbed the V-phone, would allow users to make calls through software embedded on a memory drive that can plug into a USB slot on a laptop or desktop computer, the Journal said. The software will launch when the device is plugged in.

The phone, which is similar to products made by other companies, will launch this week and will be aimed at business travelers, said Vonage Chairman Jeffrey Citron, according to the Journal.

The product will cost $40, excluding promotions, and will be available to people who have signed up for a Vonage calling plan, the Journal said, citing a person familiar with the situation.

Vonage was not immediately available for comment.