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Virgin Mobile Launches New SMS and WAP Services on the InfoSpace Platform
URL(s): www.infospace.com
LONDON & BELLEVUE, Wash., Oct. 2, 2001-- InfoSpace, Inc. (Nasdaq:INSP) and Virgin Mobile
today announced that Virgin Mobile has launched a broad new range of SMS and WAP-based wireless Internet services built on
the InfoSpace platform under Virgin Mobile's existing brand of VirginXtras value-added services.
The launch enables Virgin Mobile to further differentiate itself in the market by offering its subscribers a broader range of
services and new levels of personalization that bring them closer to the information and services most useful to them while on the
move. In addition, InfoSpace is actively developing further new services on its technology platform, which it expects will be
launched by Virgin Mobile over the coming weeks.
InfoSpace is a leading provider of the platform and applications that enable partners to deliver consumer and commerce services
across the Internet to any device over current and next-generation networks and Virgin Mobile, a 50:50 joint venture between Sir
Richard Branson's Virgin Group and One2One, is the UK's first, and most successful Mobile Virtual Network Operator (MVNO),
and the UK's fifth largest network.
In February of this year, Virgin Mobile first deployed its mobile data service built on InfoSpace's wireless technology platform
and suite of services to promote the Virgin Group's global expertise in the fields of entertainment, leisure and travel. Since then,
Virgin's offering has rapidly grown to become one of the leading mobile Internet services in the UK. According to a recent article
in Mobile Choice magazine, the VirginXtras SMS service was deemed to have the strongest offering, particularly for sports
services, of all those offered by UK mobile operators.
All of the services are customizable, enabling Virgin Mobile's users to receive personalized local data, based on their
preferences and profiles. In addition, the integration of InfoSpace's communication services suite allows Virgin Mobile's customers
to send and receive email messages, and to access personal information from an electronic address book, calendar and to-do list.
Nick White, head of VirginXtras at Virgin Mobile, said, "The additional VirginXtras services means that Virgin Mobile now has
the most exciting and comprehensive suite of services of any operator in the UK -- and there are more coming soon!"
Jan Claussen, executive vice president of wireless for InfoSpace said, "InfoSpace can provide its services over any standard to
any device. We are therefore ideally placed to partner with mobile network operators in the delivery of mobile Internet services.
They can outsource the entire development to us, at a fraction of what it would otherwise cost. We believe that we can bring them
to market more quickly and more cheaply than would otherwise be possible. InfoSpace is committed to continuing to work with
Virgin Mobile to leverage our wireless platform and services in exciting new ways. We are confidant that these new services help
to drive subscriber uptake and usage and further differentiate Virgin's offering in the market."
About InfoSpace, Inc.
InfoSpace, Inc. (Nasdaq:INSP) provides an integrated technology platform and suite of applications that enable partners to
deliver consumer and commerce services across the Internet to any device over current and next-generation wireless, broadband
and narrowband networks. The Company's array of products includes consumer services, such as communication, entertainment,
gaming and speech applications, as well as commerce services, including payments, promotions and shopping. Together, the
InfoSpace platform and applications comprise a highly flexible and scalable end-to-end solution that can be rapidly deployed under
a partner's brand. InfoSpace's partners and affiliates include more than 3,200 Web sites and companies worldwide, including
Verizon, AT&T Wireless, Cingular Wireless, ALLTEL, Virgin Mobile, Charles Schwab, Intel, Lucent, Nortel, AOL, Microsoft,
Lycos, National Discount Brokers and Bloomberg, among others.
This release contains forward-looking statements relating to the development of InfoSpace, Inc.'s products and services and
future operating results, including statements regarding InfoSpace's agreement with Virgin Mobile, that are subject to certain risks
and uncertainties that could cause actual results to differ materially from those projected. The words "believe," "expect," "intend,"
"anticipate," variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean
that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain
risks, uncertainties and assumptions that are difficult to predict. Factors that could affect InfoSpace's actual results include the
progress and costs of the development of our products and services and the timing of market acceptance of those products and
services. A more detailed description of certain factors that could affect actual results include, but are not limited to, those
discussed in InfoSpace's Annual Report on Form 10-K, in the section entitled "Factors Affecting Our Operating Results, Business
Prospects and Market Price of Stock." Readers are cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date of this release. InfoSpace undertakes no obligation to update publicly any forward-looking
statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of
unanticipated events.
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