Boingo Wireless Appoints New Board Member
Industry Veteran Brings Digital Media and Travel Industry Expertise
LOS ANGELES, June 17, 2013 (GLOBE NEWSWIRE) -- Boingo Wireless (Nasdaq:WIFI),
the leading DAS and Wi-Fi provider that serves consumers, carriers and
advertisers worldwide, today announced the appointment of Terry Jones, founder
and former CEO of Travelocity, to the company's Board of Directors.
Jones brings more than 40 years of travel and digital ecommerce industry
experience, including executive roles with American Airlines and Sabre before
founding Travelocity in 1996. He is currently the managing principal of
Essential Ideas, which helps companies transition to the digital economy, and
serves on the boards of Rearden Commerce, Smart Destinations and Luxury Link.
Jones recently retired as founding Chairman of Kayak.com
"The travel industry has always been central to our business, and with digital
media becoming an increasingly important part of our portfolio, Terry's
background provides our board with additional insights to guide future
decisions," said David Hagan, CEO of Boingo Wireless.
Jones was elected to the Board during the Boingo Wireless shareholders meeting
on June 14, where Charles Boesenberg was also re-elected to his position as
Director. Jones replaces Marc Geller of Sternhill Partners, who has served on
the Board since 2003.
"We'd like to thank Marc for his decade of service to Boingo," added Hagan.
"Sternhill Partners was one of our earliest investors, and he helped us
navigate an emerging marketplace and evolve from start-up mode to
About Boingo Wireless
Boingo Wireless, Inc. (Nasdaq:WIFI) helps the world stay connected. Our vast
footprint of small cell networks covers more than a million DAS and Wi-Fi
locations and reaches more than 1 billion consumers annually – in places as
varied as airports, stadiums, shopping malls, restaurants, universities, and
military bases. The Boingo platform is the only monetization engine of its
kind, driving revenue through carrier offload, advertising, location-based
data analytics, and consumer products like IPTV, high-speed broadband, and
Wi-Fi. For more information about the Boingo story, visit www.boingo.com.
Boingo, Boingo Wireless, the Boingo Wireless Logo and Don't Just Go. Boingo
are registered trademarks of Boingo Wireless, Inc. 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. These
forward-looking statements include the quotations from management in this
press release, as well as any statements regarding Boingo's strategic plans
and future guidance. Forward-looking statements are based on the company's
current expectations and assumptions regarding its 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. The company's 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 Boingo's Form 10-K for the year ended December 31, 2012 filed with
the SEC on March 18, 2013. Any forward-looking statement made by Boingo in
this press release speaks only as of the date on which it is made. Factors or
events that could cause the company's actual results to differ may emerge from
time to time, and it is not possible for Boingo to predict all of them. Boingo
undertakes 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.
CONTACT: Christian Gunning
Vice President, Corporate Communications
Boingo Wireless, Inc.
+1 (310) 586-4009
Laura Bainbridge / Kimberly Orlando
+1 (310) 829-5400
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