INPC Inphonic (MM)

Hawaiian Telcom Selects InPhonic Wireless Solutions for the Aloha State - New Telcom Selects InPhonic to Deliver Full Range of Wireless Solutions - WASHINGTON, and HONOLULU, May 3 /PRNewswire-FirstCall/ -- InPhonic Inc. (NASDAQ:INPC), a leading online seller of wireless services and products, today announced an agreement with Hawaiian Telcom, Hawaii's largest telecommunications provider, to provide operational systems to support the launch of its wireless voice and data services to customers across the State of Hawaii. Hawaiian Telcom, previously known as Verizon Hawaii, was recently acquired by Washington, D.C.-based private equity firm The Carlyle Group from Verizon Communications, for $1.6 billion. Through its Mobile Virtual Network Enablement (MVNE) services, InPhonic will enable Hawaiian Telcom to rapidly deploy wireless voice and data services capabilities statewide, which will be critical as Hawaiian Telcom builds its customer base to gain market share in Hawaii's highly competitive wireless market. InPhonic's experience in delivering systems platforms for procurement, activation, billing, and self-service platforms based on web and speech recognition technology, will be instrumental in executing Hawaiian Telcom's vision for wireless services. "We are very excited that Hawaiian Telcom selected InPhonic for its wireless solutions," said InPhonic's Chairman and CEO, David A. Steinberg. "Our relationship with Hawaiian Telcom demonstrates the strength of InPhonic's MVNE platform to deliver next-generation end-to-end wireless solutions for expansive customer markets and large enterprises." "Access to these capabilities allows us to be more agile and nimble. Selecting a company with an excellent track record for rapid mobile carrier deployment allows Hawaiian Telcom to move forward quickly," said Michael S. Ruley, Hawaiian Telcom's chief executive officer. InPhonic will provide web-enabled technologies for both Internet and in- store support to enable immediate risk assessment, provisioning, handset activation, account creation and customer care at Hawaiian Telcom's retail stores, dealers and call centers. InPhonic's CEO David A. Steinberg continued, "InPhonic continues to capitalize on the investments we have made in our MVNE platform over the last six months. We believe these investments in our technology platform should yield continued improvements in our operating margins in the second quarter and beyond as the business scales." About Hawaiian Telcom Hawaiian Telcom is the state's leading telecommunications provider, offering a wide spectrum of telecommunications products and services that includes local and long distance service, digital subscriber line (DSL) broadband for Internet use, wireless services, and print directory and internet directory services. The company, founded more than 120 years ago, serves residents and businesses statewide and has about 1,700 employees. About InPhonic Headquartered in Washington, D.C., InPhonic, Inc. (NASDAQ:INPC) is a leading online seller of wireless services and products. InPhonic sells these services and devices, and provides world-class customer service through websites that it creates and manages for online businesses, national retailers, member-based organizations and associations under their own brands. InPhonic also operates Wirefly, a leading mobile phones and wireless plans comparison site that was awarded "Best of the Web" by Forbes magazine in 2004. Today, InPhonic owns and operates Liberty Wireless, a leading MVNO and can deliver a full range of mobility solutions to enterprise clients through its Mobile Virtual Network Enablement (MVNE) platform. In 2004, InPhonic was selected #1 company of the year on the Inc. 500 - Inc. Magazine's list of the fastest-growing privately held companies in the United States. More recently, InPhonic was named T-Mobile's Internet Partner of the Year for 2004. For more information on the company, its products and services, visit the InPhonic Corporate Web site at http://www.inphonic.com/. "Safe Harbor" Statement - Under the Private Securities Litigation Reform Act of 1995, this press release may contain forward-looking statements that involve risks and uncertainties. Important factors, which could cause actual operating results to differ materially from those in the forward-looking statements, are detailed in filings with the Securities and Exchange Commission made from time to time by the Company. This press release and statements are current as of the date of the individual announcements and the Company undertakes no obligation to publicly release any revisions to any forward-looking statement to reflect events or circumstances after the date thereof or to reflect the occurrence of unanticipated events. DATASOURCE: InPhonic Inc. CONTACT: Nathan Hokama, Public Relations Director of Hawaiian Telcom, +1-808-226-7470; Tripp Donnelly, Vice President, Corporate Communications of InPhonic, Inc., +1-202-333-0001, Web site: http://www.inphonic.com/

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