InPhonic Continues Expansion with the Opening of New Office
January 13 2005 - 8:21AM
PR Newswire (US)
InPhonic Continues Expansion with the Opening of New Office -New
Reston Office Focused on Expanding MVNO Services and Product
Development- WASHINGTON, Jan. 13 /PRNewswire-FirstCall/ --
InPhonic, Inc. (NASDAQ:INPC), the leading online seller of wireless
phones and service plans, today announced the opening of its new
corporate office in Reston, Virginia, on the Northern Virginia
technology corridor. The opening of the new Reston office will
provide greater proximity to local technology talent and technical
resources, and accommodate growing staff and management from
InPhonic's continued expansion, including personnel hired as a
result of the recently announced A1 Wireless acquisition. The new
office will accommodate the growth of InPhonic's MVNO and product
development business units. The office will also reinforce
InPhonic's presence as a technology leader in the Washington
metropolitan area, especially in the Northern Virginia technology
market where a number of InPhonic's business partners now reside.
The Reston, Virginia office houses approximately 75 full-time
employees. The office also houses key management and staff that are
focused on the integration of recently acquired A1 Wireless into
the InPhonic corporate structure and managing corporate strategic
initiatives. "Due to the company's continued growth and new
opportunities, the new Reston office further strengthens InPhonic's
commitment to our clients," says David A. Steinberg, InPhonic's
Chairman and Chief Executive Officer. "The Northern Virginia
technology corridor offers InPhonic a great recruiting base from a
talented pool of technologists, and an expanded local corporate
presence. The additional office shows our commitment to further
growth by providing the basis to continue expanding the business
over the next several years." About InPhonic Headquartered in
Washington, D.C., InPhonic, Inc. (NASDAQ:INPC) is a leading online
seller of wireless services and devices based upon the number of
activations of wireless services sold online in the United States.
InPhonic sells these services and devices, and provides customer
service through websites that it creates and manages for online
businesses, member- based organizations and associations, and
national retailers 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 one of the top five MVNOs in the
United States, Liberty Wireless, 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.
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: Tripp
Donnelly, Vice President, Corporate Communications of InPhonic,
Inc., +1-202-333-0001, Web site: http://www.inphonic.com/
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