Inphonic (NASDAQ:INPC)
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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.