Inphonic (NASDAQ:INPC)
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From Jul 2019 to Jul 2024
RadioShack Corporation's (NYSE: RSH) Retail Services and
InPhonic, Inc., (NASDAQ: INPC) today announced a further extension of
their existing relationship whereby the consumer electronics specialty
retailer and InPhonic will now offer a private-labeled online wireless
services storefront for the sale and activation of wireless devices to
RadioShack's Retail Services clients.
Today, RadioShack is regarded as the leading retailer of wireless
handsets and services in the United States. InPhonic, a leading online
wireless retailer, distributes wireless devices from the World's
leading handset manufacturers and service plans for all of the major
wireless carriers. InPhonic will operate and manage online wireless
storefronts to compliment and support the retail solutions provided by
RadioShack's Retail Services to its client base. The program, which
launched last week, will also offer retail clients and their customers
an innovative "Direct-to-You" delivery program designed to offer
greater selection and choice for the customer in the retail
environment by using InPhonic's online wireless sales solution as a
virtual inventory. Customers will be able to select and order a device
and service plan direct from a sales representative using the online
platform. The device can then be delivered to their home or business
the following day.
SAM'S CLUB, a division of Wal-Mart Stores, Inc., has made the
solution available on the samsclub.com website.
"We believe that InPhonic's capabilities and online support of our
in-store initiatives will be a great asset to the overall success of
these retail programs," said Andy Zeinfeld, Chief Retail Services
Officer for RadioShack Corporation. "We also believe that the
engagement of SAM'S CLUB and other national retailers indicates the
true value and scalability of this program."
"This new program with RadioShack further illustrates the
flexibility of InPhonic's e-commerce platform and its fulfillment
solutions to seamlessly integrate within the retail environment for a
better customer experience and broader customer choice," said David A.
Steinberg, InPhonic's Chairman and CEO. "We believe the
'Direct-to-You' program will provide retail stores a better and easier
way to truly offer a comprehensive wireless category. In addition, we
look forward to expanding our relationship with RadioShack Retail
Services as they continue to grow their client base."
Since December 2004, InPhonic has managed RadioShack's online
shopping program at www.radioshack.com and provided customers with a
secure e-commerce platform that takes them through a short list of
questions to help them find the calling plans and wireless phones that
best solve their particular needs. It includes comparison shopping
tools that allow current mobile phone users to analyze their existing
plans using a simple, step-by-step process, and it makes it simple for
customers to review alternative plans with different monthly rates
and/or better features.
About RadioShack Corporation
Fort Worth, Texas-based RadioShack Corporation (NYSE: RSH) is the
most trusted consumer electronics specialty retailer in the U.S. and
is a growing provider of a variety of retail support services. The
company operates through a vast network of sales channels, including:
nearly 7,000 company and dealer stores; over 100 RadioShack locations
in Mexico; and more than 600 wireless kiosks. RadioShack's
knowledgeable and helpful sales associates deliver convenient product
and service solutions within an estimated five minutes of where 94
percent of all Americans either live or work. For more information on
RadioShack Corporation, visit www.RadioShackCorporation.com. To learn
more about RadioShack products and services or to purchase items
online, visit www.RadioShack.com.
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
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.