Brightpoint and Ericsson Mobile Phones Extend Exclusive Distribution Agreement for United States
INDIANAPOLIS--(BUSINESS WIRE)--Jan. 10, 2000--Brightpoint, Inc. (NASDAQ:CELL - news) announced today that it has extended its agreement with Ericsson Mobile Phones (NASDAQ:ERICY - news) through December 31, 2001, for the sale and distribution of Ericsson wireless phones wireless phones in the United States. Brightpoint continues to be the exclusive authorized distributor for Ericsson brand wireless phones in the United States. This agreement also authorizes Brightpoint to act as a distributor of Ericsson Original Accessories.
Ericsson Mobile Phones is a leading supplier in telecommunications. Headquartered in Stockholm, Sweden, it produces advanced systems and products for wired and mobile communications in public and private networks. Two out of five mobile calls are handled by Ericsson equipment. Since 1876, Ericsson has been active worldwide and presently has more than 100,000 employees working in 140 countries. In the United States, Ericsson Mobile Phones is co-located in Research Triangle Park, North Carolina, and Miami, Florida. The company has had a presence in the U.S., its largest market, since 1902. More information on Ericsson/U.S. is available at www.ericsson.com/phones.
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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