News Release

Verizon Wireless Named Official Wireless Provider Of Memphis Grizzlies And FedEx Forum

Agreement Offers Unique Exposure For Nation's Most Reliable Wireless Provider

February 3, 2005

Carly Brooks Culbertson
Verizon Wireless
Carolyn.Culbertson@verizonwireless.com  
864-987-2006

Ansley Welchel
JDPR
ansleyw@jdpr.com
864-233-3776, ext.12

Stacey Mitch
Memphis Grizzlies
smitch@grizzlies.com
901-205-1494

MEMPHIS, TN — The Memphis Grizzlies and Verizon Wireless, the nation's best, most reliable wireless provider, announce a long-term, multi-million dollar sponsorship agreement involving the NBA Western Conference team and FedExForum. The Memphis Grizzlies have chosen Verizon Wireless as the official wireless provider of the Memphis Grizzlies and FedExForum and will offer exclusive category rights in this mutually beneficial relationship.

"We are extremely pleased to continue our partnership with Verizon Wireless as the official wireless provider of the Memphis Grizzlies," said Grizzlies Vice President of Corporate Partnerships Mike Redlick. "Verizon Wireless is an innovator in the wireless communications field; through our partnership we expect to enhance our fans' experience with the latest technological advancements and most complete service possible. Our partnership is designed to keep Verizon Wireless in the forefront for all who attend Grizzlies games and FedExForum events."

The agreement grants Verizon Wireless marketing and promotional rights through the Grizzlies' 2006-2007 season. So whether it's real-time score information, players' autographs, or a chance to see the team play live, Verizon Wireless will be a proud part of the Grizzlies' action-packed season.

"The Memphis Grizzlies sponsorship provides Verizon Wireless with a prime opportunity to increase our presence and strengthen our brand message," said Jerry Fountain, President of the Carolinas/Tennessee region of Verizon Wireless. "Verizon Wireless wants to further position itself as a corporate leader in the local community, and we are delighted to be affiliated with the Memphis Grizzlies and FedExForum - two of the biggest names in sports and entertainment in the state."

About Verizon Wireless
Verizon Wireless owns and operates the nation's most reliable wireless network, serving 43.8 million voice and data 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 www.verizonwireless.com. To receive broadcast-quality video footage of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.   

####