DS RippleText 1.0 (Mac)
Source: DS Effects
From the developer: "Put a new spin on your text with this animated ripple effect! Display it over an image or use it plain! As a bonus, you can add scrolling text or an image overlay! A code generator is provided for the HTML and programming challenged! You can customize parameters with no need of Java or HTML programming knowledge! Visit our site to download a variegated collection of more than a hundred applets and scripts effects to endow and continually renovate your web page!"