HOUSTON (July 17, 2006) — Based on statistics from the U.S. Postal Service, more than 20 million households in the United States move annually. A majority of these people move during the summer months, often called the Moving Season, which makes a service like WhiteFence necessary to America’s on-the-move population. With more than 14 percent of the U.S. population moving each year, according to the U.S. Census Bureau, WhiteFence makes it easy for them to find the best deals and conveniently connect their home essential services in minutes.
WhiteFence’s comparison shopping engine connects directly to major service providers offering real-time ordering without the hassles of link-offs or affiliate programs. WhiteFence services, which are free to consumers nationwide, can be especially useful to the more than 7 million people that move from state to state. WhiteFence users can choose from a wide variety of national service providers, including AT&T, Verizon, BellSouth, Comcast Cable, Time Warner Cable, EMBARQ TM, Charter Communications, EarthLink®, DISH Network and DIRECTV.
"WhiteFence is a great source for movers who want to economically use their time," said Arthur Maxwell, CEO of WhiteFence. "Movers can easily comparison shop and connect all their home services at one time. And, with our Best Price Guarantee, consumers can be assured that the price offered by WhiteFence will not exceed the published prices for services and products for those same services and products if ordered at another site online or by telephone."
WhiteFence is an Internet Capital Group (NASDAQ: ICGE - News) partner company.
About WhiteFence
WhiteFence is the leading one-stop comparison shopping marketplace that helps consumers compare and order essential home services such as electricity, gas, phone, cable and satellite TV, high-speed Internet, change of address, newspapers, insurance and banking. WhiteFence’s proprietary transaction engine makes it easy for the 20 million U.S. households that move annually, as well as all consumers just looking to switch services, to find the best deals and conveniently set up their home services in minutes.
WhiteFence is headquartered in Houston, Texas. For more information, please visit www.WhiteFence.com.
About Internet Capital Group
Internet Capital Group (www.internetcapital.com) owns and builds Internet software companies that drive business productivity and reduce transaction costs between firms. Founded in 1996, ICG devotes its expertise and capital to maximizing the success of these platform companies that are delivering on-demand software and service applications to customers worldwide.
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Safe Harbor Statement under Private Securities Litigation Reform Act of 1995
The statements contained in this press release that are not historical facts are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future performance of our partner companies, acquisitions or dispositions of interests in partner companies, the effect of economic conditions generally, capital spending by customers and development of the e-commerce and information technology markets, and uncertainties detailed in the Company's filings with the Securities and Exchange Commission. These and other factors may cause actual results to differ materially from those projected.
