March 28, 2006
Sprint and InfoSpace Introduce First Comprehensive Location-Based Search Product for Mobile Phones
Breakthrough Application Will Help On-The-Go Consumers Easily Access Relevant Location Based Information
Emmy Anderson, Sprint
Jeff Hasen, InfoSpace
Weber Shandwick for InfoSpace
OVERLAND PARK, Kan., and BELLEVUE, Wash. — 03/28/2006
Sprint (NYSE: S) and InfoSpace Inc. (NASDAQ: INSP), a mobile media leader, today announced the availability of InfoSpace Find It™, a comprehensive subscription-based location enabled search product that allows consumers to easily and quickly find everything from nearby restaurants and movie times to people, maps and driving directions all in one integrated application.
"Available today on over 20 select Sprint and Nextel phones, InfoSpace Find It! further addresses consumer demand for local information they can access on their wireless phone, whenever and wherever they want," said Alana Muller, director of product marketing for information and applications for Sprint. "This innovation provides on-the-move Sprint customers with one application to find relevant local information and is GPS-enabled to most efficiently answer the question, 'what's around me now?'"
InfoSpace Find It! answers a growing thirst for location based information anywhere anytime, as industry analysts project the U.S. market size for mobile directory assistance at more than $3 billion in 2006. Bringing together listings, locations and directions, InfoSpace Find It! combines InfoSpace's industry leadership in the online directory space with its expertise in designing location-based mobile products that eliminate the need for consumers to jump between multiple applications. As a result, with a few clicks from one application, a Sprint customer wanting to see the latest hit movie can automatically pinpoint their location, then look up nearby theaters, choose a film, pick a time, find a nearby ATM or restaurant and get directions.
"Location-based mobile local search has been a promise for many years, and InfoSpace Find It! robustly delivers on the possibilities. InfoSpace Find It! is like having a concierge in your pocket," said Stephen Davis, president of InfoSpace Mobile and Online Media. A premium J2ME application, InfoSpace Find It! is available on a range of Sprint Nextel phones, with users easily pinpointing their location through automated GPS or location systems, or preset entries such as zip code, address or intersection. The service includes:
- Local Quick Clicks™: Find local business listings and locations with maps and driving directions with minimal clicking.
- One-Stop Searching: A single search location for Yellow Pages, White Pages, Maps, Directions, Movie Listings and more.
- Find People by Name or Number: Search using only first and last name, or by entering a phone number to find out to whom it belongs.
- What's Nearby®: Access details on what's close with one click on the phone, even if the caller doesn't know exactly where they are.
- Click to Connect: Make phone calls with one click instead of dialing the entire number.
About Sprint Nextel
Sprint Nextel offers a comprehensive range of communications services bringing mobility to consumer, business and government customers. Sprint Nextel is widely recognized for developing, engineering and deploying innovative technologies, including two robust wireless networks offering industry leading mobile data services; instant national and international walkie-talkie capabilities; and an award-winning and global Tier 1 Internet backbone. For more information, visit www.sprint.com.
InfoSpace, Inc. (NASDAQ: INSP) drives mobile media innovation. With one of the world's largest mobile content libraries, InfoSpace makes it easy for consumers to discover, personalize and enjoy their on-the-go experiences. The company uses its superior discovery, merchandising and technology capabilities to help facilitate the delivery of original and licensed content across hundreds of mobile devices and through multiple channels. InfoSpace also mobilizes brands and creates programming and revenue opportunities for mobile operators. The company's products and services have extensive reach in North America and Europe through carriers such as Cingular Wireless, Sprint Nextel, T-Mobile, Verizon Wireless, and Virgin Mobile; in partnership with world-class brands such as Cablevision and Fox News; and through online Web sites such as Dogpile (Dogpile.com), which showcase the company's leading metasearch technology and key advertising partnerships with companies like Google, Yahoo!, Verizon SuperPages and Yellowpages.com. More information can be found at www.infospaceinc.com.
This release contains forward-looking statements regarding InfoSpace Find It! These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. 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 scope and timing of market acceptance of the application and features of InfoSpace Find It! A more detailed description of certain factors that could affect actual results include, but are not limited to, those discussed in InfoSpace's most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q as filed from time to time, 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.