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Technology Stocks : Brightpoint - CELL -- Ignore unavailable to you. Want to Upgrade?

To: stockid who wrote (1814)	9/22/1999 9:13:00 AM
From: JakeStraw	Respond to of 1999

NEC Appoints Brightpoint as Exclusive Distributor in United States INDIANAPOLIS--(BUSINESS WIRE)--Sept. 22, 1999--Brightpoint, Inc. (NASDAQ:CELL - news) announced today that it has entered into an exclusive distribution agreement with NEC America, Inc., an affiliate of NEC Corporation (NASDAQ:NIPNY - news). Brightpoint will distribute NEC's cellular telephones and accessories within the United States. ''We are very pleased to announce the Brightpoint/NEC partnership,'' said Jose Sosa, Director of Marketing and Business Planning, NEC Wireless Marketing Division. ''Everyday the resource demands on handset manufacturers increase.'' ''By aligning itself with Brightpoint, NEC plans to better serve their customers in a number of ways. Smaller carriers and dealer/agents will benefit from the increased sales and marketing focus that Brightpoint and NEC will bring to that segment. Secondly, NEC can redirect the force of its internal resources to supporting the larger national carriers with additional R&D and Marketing focus. We see it as a tactical way to improve relations with all our customers, all part of our Empowered Mobility plan,'' Sosa said. NEC America, Inc. develops, manufactures and markets a complete line of advanced communications products and software for public and private networks, including digital key telephone and PBX systems; ATM switching systems; cellular telephones; pagers; facsimile equipment; videoconferencing equipment; fiber optic transmission systems; data communications products; digital microwave radio, satellite communications and network management system. NEC Corporation and its affiliates worldwide are a $40 billion global leader whose 157,000 employees are dedicated to providing leading-edge computer, communications and semiconductor products and services. 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. ------------------------------------------------------------------------ Contact: Brightpoint, Inc., Indianapolis, Indiana Phillip A. Bounsall, 317/297-6100