10.08.2011 15:00:00
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Boingo Wireless Adds Chuck Davis to Board of Directors
Boingo Wireless, Inc. (NASDAQ: WIFI), the Wi-Fi industry’s leading provider of software and services worldwide, announced today that Chuck Davis, former chief executive officer of Fandango and executive vice president of Comcast Interactive Media, has been elected to the Boingo Wireless board of directors. The board of directors noted his executive management experience with leading direct-to-consumer companies as a key factor in the election.
"Chuck’s experience and success in the Internet e-commerce space, as well as his track record with industry leading organizations, will be valuable in helping us continue to grow Boingo and capitalize on our market leadership position,” said David Hagan, President and Chief Executive Officer of Boingo. "On behalf of the Board of Directors and senior management team, we look forward to working alongside Chuck during this exciting time in Boingo’s history.”
"I’ve long admired Boingo’s first-mover status in the Wi-Fi industry, and recognize that they are well-positioned to capitalize on the exponential growth in wireless data consumption,” said Davis. "I look forward to leveraging my retail background and experience in support of the company’s consumer initiatives.”
Davis served as chairman and chief executive officer of Fandango, the Internet’s leading movie ticketing and showtimes web and mobile company. In addition, following Fandango’s acquisition by Comcast in May 2007, Mr. Davis also served as an executive vice president of Comcast Interactive Media until June 2011. Mr. Davis is currently a consultant to Comcast. He previously was president and chief executive officer of Shopzilla through its $525 million 2005 sale to E.W. Scripps Company. Mr. Davis holds a B.A. in urban studies from Brown University and an M.B.A. from Harvard University.
In addition to general board proceedings, Davis will also serve on the audit committee, replacing Paul Hsiao, who has resigned from the committee. Davis’ initial term expires at Boingo’s 2014 annual meeting of stockholders.
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 325,000 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.
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