InPhonic to Sell Wireless Products and Services on Amazon.com
April 19 2006 - 11:01PM
Business Wire
InPhonic, Inc. (NASDAQ:INPC), a leading online seller of wireless
devices and services, today announced that it has signed a
multi-year agreement with Amazon Services LLC, a wholly-owned
subsidiary of Amazon.com, Inc. (NASDAQ:AMZN), to sell its products
and services in Amazon's wireless store (www.amazon.com/wireless).
The new InPhonic offerings are scheduled to launch in the third
quarter of 2006. "We're pleased to add InPhonic to our Wireless
store as our first third party merchant to offer activated cell
phones with service plans," said Kal Raman, Senior Vice President,
Amazon. "We are grateful to InPhonic for joining the Amazon.com
platform." Amazon began providing wireless products in November
2000 and provides customers an extensive selection of top cell
phone brands and services plans. In addition to offering Amazon
customers activated cell phones with service plans, InPhonic will
also offer prepaid cell phones and cell phone accessories, and will
serve as the anchor third party merchant within the wireless store.
The offered service plans will be from the nation's leading
wireless carriers. "This is an alliance of two e-commerce leaders
offering one unrivaled wireless program. We are pleased that Amazon
teamed with InPhonic to enhance its wireless category," said
InPhonic's Chairman and CEO David A. Steinberg. "Amazon's decision
to select InPhonic highlights our leadership in the marketplace and
we look forward to working with Amazon for years to come." About
Amazon.com Amazon.com, Inc., (Nasdaq:AMZN), a Fortune 500 company
based in Seattle, opened on the World Wide Web in July 1995 and
today offers Earth's Biggest Selection. Amazon.com seeks to be
Earth's most customer-centric company, where customers can find and
discover anything they might want to buy online, and endeavors to
offer its customers the lowest possible prices. Amazon.com and
other sellers offer millions of unique new, refurbished and used
items in categories such as health and personal care, jewelry and
watches, gourmet food, sports and outdoors, apparel and
accessories, books, music, DVDs, electronics and office, toys and
baby, and home and garden. Amazon and its affiliates operate
websites, including www.amazon.com, www.amazon.co.uk,
www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and
www.joyo.com. As used herein, "Amazon.com," "we," "our" and similar
terms include Amazon.com, Inc., and its subsidiaries, unless the
context indicates otherwise. Forward Looking Statement This
announcement contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Actual results may differ
significantly from management's expectations. These forward-looking
statements involve risks and uncertainties that include, among
others, risks related to competition, management of growth,
potential fluctuations in operating results, international
expansion, outcomes of legal proceedings and claims, fulfillment
center optimization, seasonality, commercial agreements,
acquisitions and strategic transactions, foreign exchange rates,
system interruption, significant amount of indebtedness, inventory,
limited operating history, government regulation and taxation,
payments, fraud, consumer trends, and new business areas. More
information about factors that potentially could affect
Amazon.com's financial results is included in Amazon.com's filings
with the Securities and Exchange Commission, including its Annual
Report on Form 10-K for the year ended December 31, 2005, and all
subsequent filings. 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 (www.wirefly.com), a
leading one-stop comparison mobile phones and wireless plans
shopping site that has been awarded "Best of the Web" by Forbes
magazine and "Best in Overall Customer Experience" by Keynote
Performance Systems. InPhonic also delivers a full range of MVNO
and mobility solutions to enterprise clients through its Mobile
Virtual Network Enablement (MVNE) platform. Among many awards in
its history, InPhonic holds the distinction as #1 Company of the
Year on the INC. 500 for 2004. For more information on the company,
its products and services, visit the InPhonic Corporate Web site at
www.inphonic.com. INPCG. "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.
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