BELLEVUE, Wash.--March 14, 2005--Infospace, Inc. (Nasdaq:INSP) today announced its partnership with Universal Studios Consumer Products Group, and Corbis, a leading provider of complete visual solutions, to make iconic Hollywood content available for use in mobile phones. This mix of art, technology, and commerce has resulted in the creation of Infospace Mobile's new ScreenTones(TM) audio and video ringers for cell phones.
"Everybody has favorite lines and scenes from the movies," said Mark Levy, vice president, content and publishing for Infospace Mobile. "This relationship allows us to deliver those cinematic moments as ScreenTones(TM) to mobile users. Working with Universal and Corbis, we have begun to unlock the full potential of mobile audio and video content."
Through Infospace Mobile, mobile operators will be able to offer a full suite of voice and video ringers, ringback tones, animated screensavers and wallpapers produced from some of the most popular and beloved Universal movies.
"Universal has eagerly anticipated the development of mobile applications that truly celebrate the great moments from our rich film and TV library since we entered the space in 2001," said Jeremy Laws, vice president of media licensing and strategy for Universal Studios Consumer Products Group. "Now that the technology is here, by virtue of leveraging Corbis' unparalleled rights-enabling skills together with Infospace Mobile's distribution and technical prowess, we are poised to deliver the next 'must have' mobile entertainment products to consumers' handsets."
"Corbis has been providing visual solutions for its mobile partners since 2000," said Mark Sherman, vice president assignment and representation and emerging businesses for Corbis. "There has always been a strong interest in celebrity and Hollywood content. As a result, we are thrilled to be playing a key role in facilitating the availability of this content for mobile use."
Video ringtones are one of most anticipated new categories in mobile phone personalization. Offering video clips from popular culture, such as scenes from top films, television shows and music videos to mobile users will provide them a great new way to accessorize their phones while creating an additional revenue opportunity for mobile operators.
About Universal Studios Consumer Products Group
Universal Studios Consumer Products Group is responsible for global licensing and retail strategies as well as building brand recognition of the extensive catalogue of NBC Universal properties. Universal Studios Consumer Products Group is a unit of NBC Universal, one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. Formed in May 2004 through the combining of NBC and Vivendi Universal Entertainment, NBC Universal owns and operates the No. 1 television network, the fastest-growing Spanish-language network, a valuable portfolio of news and entertainment networks, a premier motion picture company, significant television production operations, a leading television stations group, and world-renowned theme parks. NBC Universal is 80%-owned by General Electric, with 20% controlled by Vivendi Universal.
About Corbis
Corbis provides complete visual solutions used every day by publishers, advertising and design agencies, filmmakers, and other creative professionals to tell their stories with impact that goes beyond words. Our image licensing, assignment & representation, and rights services enable clients around the world to differentiate brands, sell products and services, support news stories, and entertain audiences. Corbis is headquartered in Seattle, with offices in New York, Los Angeles, Chicago, Montreal, London, Paris, Dusseldorf, Hamburg, Milan, Amsterdam, Brussels, Warsaw, Hong Kong, Kuala Lumpur, and Tokyo.
About Infospace Mobile
Infospace Mobile is a leading provider and publisher of mobile content and applications that make it possible for media companies and content brands to reach a wide audience of mobile subscribers with compelling content and marketing promotions. Infospace Mobile's rich catalogue of entertainment, information and personalization applications is designed to accelerate widespread adoption of mobile data applications by consumers. These applications and services can be managed and delivered through Infospace Mobile's delivery platform that provides carrier grade solutions harmonized across all leading mobile technologies, networks and devices. More information can be found at www.infospaceinc.com.
This release contains forward-looking statements regarding Infospace's mobile business and its ScreenTones(TM) products and agreements with Universal and Corbis. 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 actual results include the progress and development of the proposed ScreenTone(TM) products, the ability to enter and retain agreements with mobile operators for distribution of the products, and the extent of consumer adoption and usage of the products. A more detailed description of certain factors that could affect Infospace Mobile's actual results include, but are not limited to, those discussed in Infospace, Inc.'s most recent 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.
