New York, June 28, 2006 – Despite its recent IPO of historically disastrous proportions, Vonage dusted itself off and launched a spiffy new product called the V-Phone, a plug-in device that turns a computer into a phone. The most important element, we believe, to any company’s success is throwing star-studded parties, and Vonage did a bang up job on Wednesday evening at Aer Lounge in the Meatpacking district.

They even managed to get the expectant (and hence reclusive) Maggie Gyllenhaal and Peter Sarsgaard out of the house to check out the new gadget. And we found out why Maggie loves Peter when a reporter from one of the beloved celebrity weeklies asked the question, “Do you think there are too many skinny stars in Hollywood right now?” Sarsgaard deadpanned, “It’s pretty much evened out to the right number.” Sarsgaard also revealed that one of his secrets for staying in shape is ping-pong.

Liv Tyler said she’s so square that this was the first time she’s heard DJ AM spin. Tyler is not a huge gadget head, but she told us that she has a lot of them, and her current favorite is her Treo.

Freddie Prinze, Jr. may have denied that his marriage to Sarah Michelle Gellar is on the rocks, but he came solo to the Vonage party. For some reason, he avoided talking to reporters.

Haylie Duff, Grammy-winner John Legend and model Tyson Beckford sporting a beard dyed bright red all phoned home from the party. Lost co-stars Maggie Grace and Emilie de Ravin came late, after 11.