News Release

Verizon Wireless Selects Pinpoint To Provide Essential Functionality For Its Mobile Web Service

Pinpoint Expands Relationship With The Nation's Largest Wireless Service Provider

July 1, 2002

Jeffrey Nelson
jeffrey.nelson@verizonwireless.com
908-306-4824

Lynn Vitello
Pinpoint Networks Inc.
vitello@pinpoint.com
919-677-7104

BEDMINSTER, NJ and CARY, NC — Verizon Wireless today announced an extension of its agreement with Pinpoint Networks, Inc., a leading provider of software and services to global mobile operators. Through Pinpoint's Fuel Platform, Verizon Wireless now offers new and enhanced services to its Mobile Web by VZW with MSN customers.

With the Bookmarking feature, new Mobile Web customers can easily create and store folders containing links to their favorite wireless sites for quick repeat access. Building upon Pinpoint's powerful search engine, additional categories have been added to the Search & Directory feature, giving customers access to thousands of additional compelling wireless applications, content, and services.

"We are excited to broaden our relationship with Verizon Wireless. The Mobile Web deployment of Fuel demonstrates how Fuel's flexible platform enables our customers such as Verizon Wireless to deliver new and exciting services to their subscriber base across current and future content types," said Jud Bowman, president and CEO of Pinpoint. "Extending our relationship with Verizon Wireless is a reflection of Pinpoint's focus on understanding our customers and delivering solutions that meet their current and future needs."

In March 2001, Verizon Wireless selected Pinpoint to provide its Mobile Web subscribers with a wireless search engine and directory of wireless applications, which is a cornerstone of Pinpoint's Fuel Platform. Fuel provides a unified platform across content types, presenting customers with a consistent user experience. Leveraging the flexibility of the Fuel platform, Verizon Wireless also selected Pinpoint to provide the Search & Directory solution for smartphones, enabling Verizon Wireless subscribers using their Mobile Web Plus service the ability to easily search and navigate through a wide variety of available services, content and applications optimized for their wireless device. By the extension of this relationship, Verizon Wireless' new Mobile Web subscribers now have multiple options for how they can access information, content, and applications while they are on the go, and for a way to easily mark their favorite sites for continued and easy access.

About Pinpoint

Pinpoint is a leading provider of software and services to the world's largest mobile operators for the management and delivery of mobile data services. Fuel, Pinpoint's Mobile Application Management Platform, is a carrier-class software solution that manages the distribution, provisioning, downloading, accounting, and settlement of mobile applications and content services - providing mobile operators with a unified software platform for deploying premium mobile data services to their subscribers.

Selected as one of CNET's "Top 10 Wireless Companies to Watch" and named by Unstrung.com to the "Unstrung 25 Most Innovative Companies in Wireless," Pinpoint's customers include Verizon Wireless, Terra Lycos (a subsidiary of Telefónica), and Rogers AT&T Wireless. Founded in 1999, Pinpoint is a privately held company based in Research Triangle Park, North Carolina with European headquarters in London. For more information, visit http://www.pinpoint.com or call 1-800-PINPOINT.

About Verizon Wireless

Verizon Wireless is the nation's leading provider of wireless communications. The company has the largest nationwide wireless voice and data network and 30 million customers. Headquartered in Bedminster, NJ, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD). Find more information on the Web at http://www.verizonwireless.com.

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