Great Falls, VA - June 20, 2005 - InPhonic, Inc. , the parent company of VMC Satellite and a leading online seller of wireless services and products, announced today it will hold its 2005 Annual Meeting of Stockholders in Leesburg, Virginia on June 23, 2005, at 10:00 a.m. ET.

The Annual Meeting will be webcast live, and the audio and associated slides will be available at http://investor.inphonic.com/ . The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at http://www.earnings.com/, Thomson's individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents (http://www.streetevents.com/), a password-protected event management site.

About InPhonic:
Headquartered in Washington, D.C., InPhonic, Inc. is a leading online seller of wireless services and products. InPhonic sells these services and devices, and provides world-class customer service through websites that it creates and manages for online businesses, national retailers, member-based organizations and associations under their own brands. InPhonic also operates Wirefly, a leading mobile phones and wireless plans comparison site that was awarded "Best of the Web" by Forbes magazine in 2004. Today, InPhonic owns and operates Liberty Wireless, a leading MVNO and can deliver a full range of mobility solutions to enterprise clients through its Mobile Virtual Network Enablement (MVNE) platform. In 2004, InPhonic was selected #1 company of the year on the Inc. 500 -- Inc. Magazine's list of the fastest-growing privately held companies in the United States. InPhonic was named T-Mobile's Internet Partner of the Year for 2004. For more information on the company, its products and services, visit the InPhonic Corporate Web site at http://www.inphonic.com/.

In April of 2005, InPhonic acquired substantially all of the assets of VMC Satellite and named Rick Rahim, VMC's CEO and Founder, President of InPhonic's Satellite Division. VMC Satellite is the largest independently owned DISH Network/Echostar retailer. The company owns and operates more than 2,500 satellite TV websites, including www.satellite.com and www.vmcsatellite.com, the highest ranked satellite TV retailer website in the world. (Rankings can be obtained by visiting www.Alexa.com or www.marketleap.com.)

"Safe Harbor" Statement - Under the Private Securities Litigation Reform Act of 1995, this press release may contain forward-looking statements that involve risks and uncertainties. Important factors, which could cause actual operating results to differ materially from those in the forward-looking statements, are detailed in filings with the Securities and Exchange Commission made from time to time by the Company. This press release and statements are current as of the date of the individual announcements and the Company undertakes no obligation to publicly release any revisions to any forward-looking statement to reflect events or circumstances after the date thereof or to reflect the occurrence of unanticipated events. InPhonic, Inc.