Brightpoint Signs Agreement With America One Communications
INDIANAPOLIS--(BUSINESS WIRE)--Jan. 19, 1999--Brightpoint, Inc. (Nasdaq:CELL - news) announced today that it has entered into a services agreement with America One Communications, Inc., a reseller of cellular services based in Falls Church, Virginia (''America One''). Under the agreement, America One will outsource various integrated logistics services to Brightpoint. Brightpoint's services will include kitting, fulfillment, warehousing, returns and repairs of wireless handsets and accessories in connection with America One's operations.
America One is the largest direct marketer of cellular phones and is a leading reseller of cellular service in the United States. The Company is re-defining the wireless industry by providing tailored products and services through a convenient distribution channel. America One is the telecommunications subsidiary of Capital One Financial Corporation. Capital One's subsidiaries collectively had 14.9 million customers as of September 30, 1998. Capital One trades on the New York Stock Exchange (NYSE:COF - news) and is included in the S&P 500 index.
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.
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Contact:
Brightpoint, Inc., Indianapolis, Indiana
Phillip A. Bounsall, 317/297-6100 |
