Ritz Interactive Selects InPhonic to Manage Wireless Category.WASHINGTON -- InPhonic, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :INPC INPC ITU National Point Code INPC Internet Non-Profit Center ), a leading online seller of wireless services and products, today announced that it has signed a multi-year agreement with Ritz Ritz elegant and luxurious hotel opened in Paris in 1898 by César Ritz; hence, ‘ritzy, putting on the ritz.’ [Fr. Hist.: Wentworth, 429] See : Luxury Interactive to be the exclusive provider of wireless products and services across its network of e-commerce sites. Ritz Interactive is the e-commerce network that includes RitzCamera.com, WolfCamera.com, CameraWorld.com, BoatersWorld.com and other leading online-shopping sites that has been ranked number 114 in Internet Retailer's 2007 Top 500 and number 21 in Internet Retailer's Electronics Category. Ritz Interactive customers can now visit the Ritz Interactive sites for InPhonic's broad selection of wireless service plans, handsets and accessories that enhance Ritz Interactive's already broad multi-category product offering. As America's leader in the online wireless space, InPhonic distributes phones from the World's most popular product manufacturers and service plans for all of the major wireless carriers. "The rapid convergence of cell phone and digital camera technology, offers both our companies tremendous growth potential," said Fred Lerner, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Ritz Interactive, Inc. "InPhonic is a leader in online retailer for wireless services and we are delighted to partner with them in providing a great wireless selection and great shopping experience for our customers." "We are very excited to team with Ritz to deliver wireless products and services for its online customers nationwide," said Andy Zeinfeld, InPhonic's president. "Ritz has an unparalleled market position in the camera and photo electronics industry. Their decision to select InPhonic speaks volumes to our leadership in the industry and the quality of our product offerings and customer experience." About Ritz Interactive Ritz Interactive is an award-winning, specialty online retailer and e-commerce service provider An organization that provides any combination of consulting, software and computer systems for e-commerce Web sites. that operates a network of websites offering high quality, branded lifestyle products. Since its inception in Irvine, California Irvine is an incorporated city in Orange County, California, United States. It is a planned city, mainly developed by the Irvine Company since the 1960s. Formally incorporated on December 28 1971, the 69.7 square mile (180.5 km²) city has a population of 202,079 (as of 2007). in 1999, the company has become a leader in providing a full selection of photographic and consumer electronics products as well as a wide range of marine, boating and fishing products, at competitive prices for online shoppers. Ritz Interactive's leading photo-specialty and consumer electronics e-commerce websites are RitzCamera.com and WolfCamera.com, while the company's leading marine e-commerce website is BoatersWorld.com. Each of the individually branded and marketed websites offers a broad and deep selection of competitively priced products and brings an established brick-and-mortar reputation to the company's e-commerce platform. 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 (Mobile Virtual Network Operator) A reseller of wireless services. MVNOs do not own licensed spectrum and typically do not have any of their own wireless network infrastructure. and mobility solutions to enterprise clients through its Mobile Virtual Network Enablement (MVNE MVNE Mobile Virtual Network Enabler (wireless telecommunications) MVNE Medium Voltage Neutral Earthing ) 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. Click here to join our email alert list: http://www.b2i.us/irpass.asp?BzID=1461&to=ea&s=0 "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement - Under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, this press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or after the date thereof or to reflect the occurrence of unanticipated events. |
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