Inphonic (NASDAQ:INPC)
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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/