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Technology Stocks : Brightpoint - CELL

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To: Matt Quigley who wrote (1883)11/1/1999 8:29:00 AM
From: JakeStraw  Read Replies (1) of 1999
 
Brightpoint Signs Agreement With Telstreet.com

INDIANAPOLIS--(BUSINESS WIRE)--Nov. 1, 1999--Brightpoint, Inc. (NASDAQ:CELL - news) announced an agreement to provide integrated logistics services for Telstreet.com, Inc. (''Telstreet.com''). Brightpoint will provide a variety of integrated services for Telstreet.com, including handset procurement, inventory maintenance, management and distribution of wireless handsets and accessories to Telstreet.com's online customers.

Telstreet.com is a leading e-tailer of wireless phones, service and accessories. The company offers a simplified shopping experience that enables consumers to make a confident choice when purchasing wireless products and services. Consumers will find leading brands and the best wireless values on the Web shipped free of charge. For more information, visit www.telstreet.com.

Brightpoint, Inc. is a leading provider of innovative services to network operators and equipment manufacturers in the global wireless telecommunications industry. Brightpoint strives to enhance the success of its customers through the specialized and focused provision of efficient and effective solutions for their mission critical business requirements. The Company's innovative services include inventory management, prepaid solutions, custom packaging and other outsourced services. Additional information about the Company can be found on its website at www.brightpoint.com or by calling its toll-free Investor Relations Information line at 877-IIR-CELL (877-447-2355).

''Forward-looking statements'' as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. A variety of factors could cause the Company's actual results to differ from the reported results expressed in such forward-looking statements. Investors are referred to the Company's Cautionary Statements (Exhibit 99 to the Company's most recent Form 10-Q), which statements are incorporated into this news release by reference.
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Contact:

Brightpoint, Inc., Indianapolis, Indiana
Phillip A. Bounsall, 317/297-6100
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