Boingo Releases iOS Wi-Fi Credits App For International Markets
Popular App for iPads, iPhones and iPods Lets Users Buy One-Hour Wi-Fi Credits With iTunes Account
LOS ANGELES, Calif. – September 28th, 2011 – Boingo Wireless, Inc. (NASDAQ: WIFI), the Wi-Fi industry’s leading provider of software and services worldwide, announced today that it has released an international version of its popular Boingo Wi-Fi Credits app on the iTunes App Store.
The Wi-Fi Credits app makes it easy to buy Wi-Fi access at Boingo hotspots in one-hour increments using their iTunes account. Using Apple’s iTunes billing system, the Wi-Fi Credits app further simplifies the process by billing in the user’s local currency so they can avoid conversion charges from their credit card provider.
“The Wi-Fi Credits app creates an easy way for iPad, iPhone and iPod Touch users outside the US to buy short bursts of Wi-Fi on an as needed basis, with the convenience of billing it to their existing iTunes account,” said Dawn Callahan, vice president of consumer marketing, for Boingo Wireless.
Boingo has set the base price for a global one-hour Wi-Fi credit at £2.99; the App Store will automatically convert that price based on Apple’s predefined matrix of currency conversion rates. For example, Apple’s iTunes store converts this to €3.99 for users with iTunes accounts that bill in Euros and ¥450 for accounts that bill in Yen.
About Boingo Wireless
Boingo Wireless, Inc. (NASDAQ: WIFI), the world’s leading Wi-Fi software and services provider, makes it easy, convenient and cost-effective for people to enjoy Wi-Fi access on their laptop or mobile device at more than 400,000 hotspots worldwide. With a single account, Boingo users can access the mobile Internet via Boingo Network locations that include the top airports around the world, major hotel chains, cafés and coffee shops, restaurants, convention centers and metropolitan hot zones. Boingo and its Concourse Communications Group subsidiary operate wired and wireless networks at large-scale venues worldwide such as airports, major sporting arenas, malls, and convention centers, as well as quick serve restaurants. For more information about Boingo, please visit http://www.boingo.com.
Boingo, Boingo Wireless, the Boingo Wireless Logo and Don’t Just Go. Boingo! are registered trademarks of Boingo Wireless, Inc. All rights reserved. All other trademarks are the properties of their respective owners.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains “forward-looking statements” that involves risks, uncertainties and assumptions. Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects” and similar references to future periods. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Since forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include regional, national or global political, economic, business, competitive, market and regulatory conditions, as well as other risk and uncertainties described more fully in documents filed with or furnished to the Securities and Exchange Commission ("SEC"), including our Prospectus previously filed with SEC pursuant to Rule 424(b)(4) on May 5, 2011. Any forward-looking statement made by us in this press release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Information in the company’s press releases is valid on the date noted. This information is historical and provided for archival purposes.