RadioShack and InPhonic Launch Online Wireless Shopping Solutions for Retail Clients; InPhonic to Deliver Wireless E-Commerce an
September 26 2005 - 6:00AM
Business Wire
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.
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