The investment in CAIS is a further manifestation of the alliance announced by CAIS Internet and 3Com on March 20. The investment by 3Com, a leader in business devices and networking technology, further supports our strong backing from influential investors in the Internet technology arena. The Washington, D.C.-based CAIS makes phone jacks that, plugged into phone lines in apartments and hotels, have patented OverVoice technology.
Users can chat on the phone and the Internet at the same time.
CAIS has OverVoice connections in about 1,900 apartments and 1,900 hotel rooms and an agreement for a nationwide rollout with Hilton. Web site hosting and dedicated access to businesses and other Internet service providers. Copyright 2001 INT Media Group, Incorporated All Rights Reserved.