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Technology Stocks : Brightpoint - CELL

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To: JBruin who wrote (252)12/29/1997 11:38:00 AM
From: David G.  Read Replies (1) of 1999
 
CONXUS, a US entity, should serve as evidence that there must be some truth to my earlier statements that Brightpoint has swiftly shifted its focus to exploit strengths in other economies to ensure growth estimates are sustained and more likely exceeded. They are globally diverse, extremely aggresive, and very efficient/flexible: all the qualities of a well run, fundamentally solid, growth company.

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Brightpoint and CONXUS Execute Agreement

INDIANAPOLIS--(BUSINESS WIRE)--Dec. 29, 1997--Brightpoint, Inc. (NASDAQ:CELL - news) announced today that it has entered into an agreement with CONXUS Communications, Inc. to perform value-added logistics services, such as receiving, kitting, and packaging for CONXUS.

CONXUS Communications, Inc., headquartered in Greenville, S.C., is developing a nationwide narrowband PCS network based on Motorola's InFLEXion technology. The company is launching its first service, Pocketalk pocket answering machine, followed by Pocketext portable email.

Brightpoint is a leading provider of distribution and value-added logistics services to the wireless communications industry. The Company facilitates the effective and efficient distribution of handsets and related accessories from leading manufacturers to network operators, agents, resellers, dealers and retailers.

''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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