Nokia and Brightpoint Complete United States Product Distribution
Agreement
INDIANAPOLIS--(BUSINESS WIRE)--Jan. 6, 1998--Brightpoint, Inc. (NASDAQ:CELL - news) announced today that it
has completed its previously announced 2-year agreement with Nokia (NYSE:NOK.A - news), a world leader in digital
technologies, for the sale and distribution of Nokia's wireless phones in the United States. Effective January 1, 1998,
Brightpoint became Nokia's sole distributor of wireless phones in the United States.
Headquartered in Finland, Nokia is a leader of digital technologies including mobile phones, cellular and fixed
telecommunications networks, wireless data solutions and multimedia terminals. With sales in approximately 130 countries, net
sales totaled FIM 39.3 billion (US$8.5 billion) in 1996. Nokia employs more than 36,000 people in 45 countries. Nokia's
shares are listed in Helsinki, New York, London, Stockholm, Frankfurt and Paris. Find Nokia at www.nokia.com. Nokia is
the title sponsor of the Nokia Sugar Bowl college football classic held annually in New Orleans.
Brightpoint is a leading provider of distribution and value- added logistics services to the wireless communications industry.
Brightpoint 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.
Contact:
Brightpoint, Inc., Indianapolis, Indiana
Phillip A. Bounsall, 317/297-6100 |
