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SpatialNews.com Press Release
Wireless News - Business News - Feature Columns
InfoMove Teams With InfoSpace To Deliver Location-Based Wireless Internet Services in AutomobilesREDMOND, Wash. and KIRKLAND, Wash., May 30, 2000--InfoMove, the first company to deliver real-time, personalized and location-based Internet applications to enhance the driving experience, today announced a strategic licensing partnership with InfoSpace (Nasdaq:INSP), a leading global provider of information and commerce infrastructure services for wireless devices, merchants and Web sites. InfoSpace will provide InfoMove with a comprehensive suite of wireless Internet services, enabling InfoMove to enhance its location-based information tailored for the driving environment. InfoMove has chosen InfoSpace's wireless Internet platform to deliver personalized and localized information such as restaurants and hotels, weather, stock quotes, horoscopes, calendars, e-mail, directories and maps. "InfoSpace's wireless Internet platform gives us the ability to deliver location-specific information to drivers," said Peter Holland, president and CEO of InfoMove. "We have teamed with InfoSpace because they are a leader in providing the most comprehensive personalized and localized wireless services to mobile users." "We are setting a new standard for the industry by providing the most comprehensive suite of services that's fit for any environment," said Naveen Jain, chairman of InfoSpace. "Together with InfoMove, we're changing the way mobile users receive specific information based on their preferences and location." InfoMove enables location-based wireless Internet information to be delivered into the car on palm-sized and handheld PC devices and WAP cell phones. Using InfoMove's service, drivers and passengers receive location based, vehicle-related applications such as geo-located traffic data, turn-by-turn driving instructions, real-time vehicle diagnostics and monitoring, maintenance alerts, emergency assistance and concierge services. About InfoMove InfoMove is the first company to deliver real-time, personalized and location-based Internet applications to enhance the driving experience. InfoMove applications include real-time and predictive traffic, audible turn-by-turn directions, wireless vehicle diagnostics, maintenance alerts, emergency services, location-based advertising and text-to-speech enabled e-mail capabilities. InfoMove private labels its content and services to Internet portals, automotive suppliers and manufacturers, mobile computing device manufacturers, and vertical Internet destination sites. InfoMove was founded in 1998 and is headquartered in Seattle. It has strategic relationships with content providers, technology developers and device manufactures, such as BSQUARE, Etak, University of Washington and Casio. The company is working with leading automotive and device manufacturers to deliver this unique solution to customers in Q3 2000. For more information, visit the company's web site at www.infomove.com. About InfoSpace Inc. InfoSpace is a leading global Internet information infrastructure services company. InfoSpace provides commerce, information and communication infrastructure services to wireless devices, merchants and Web sites. The Company's affiliates include a network of wireless and other non-PC devices including PCs, cellular phones, pagers, screen telephones, television set-top boxes, online kiosks, and personal digital assistants. These include relationships with Intel, Ericsson, Nokia, NeoPoint, Mitsui and Acer America. InfoSpace's affiliate network also consists of more than 3,000 Web sites that include AOL, Microsoft, Disney's GO Network, NBC's Snap, Lycos, go2net Inc., DoubleClick, Dow Jones (The Wall Street Journal Interactive Edition) and ABC LocalNet, among others. This release contains forward-looking statements relating to the development of the Company's products and services and future operating results, including statements regarding the Company's agreement with InfoMove, 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 the Company'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.com's Annual Report on Form 10-K, in the section entitled "Factors Affecting InfoSpace.com's 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.com 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. CONTACT: Text 100 Public Relations Christina Velasquez, 206/381-3791 x121 christinav@text100.com or Text 100 Public Relations Minou Nguyen, 206/381-3791 x138 minoun@text100.com
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