Brightpoint and Nextel Extend Agreement
INDIANAPOLIS--(BUSINESS WIRE)--Jan. 13, 1999--Brightpoint, Inc. (Nasdaq:CELL - news) announced today that Nextel Communications, Inc. (Nasdaq:NXTL - news) has extended its agreement with Brightpoint through July 1, 2001. Under the agreement, Brightpoint provides inventory management, fulfillment, returns and repairs and outsourced accounts receivable management.
Nextel Communications, based in McLean, VA, is the leading provider of fully integrated wireless communications and has built the largest guaranteed all-digital wireless network in the United States. Nextel International, Inc. has wireless operations and investments in Canada, Mexico, Argentina, Brazil, the Philippines, Peru, Japan and Shanghai, China. For more information about Nextel, please visit Nextel's website at www.nextel.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 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. ------------------------------------------------------------------------ Contact:
Brightpoint, Inc., Indianapolis, Indiana Phillip A. Bounsall, 317/297-6100 |