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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (15804)9/28/1999 9:31:00 AM
From: Boddington  Read Replies (1) | Respond to of 52051
 
CELL news again this AM.

quote.yahoo.com

Hasn't appeared on Yahoo! yet, so here it is :

Brightpoint Forms Joint Venture in Middle East

BusinessWire, Tuesday, September 28, 1999 at 08:00

INDIANAPOLIS--(BUSINESS WIRE)--Sept. 28, 1999--Brightpoint, Inc.

(NASDAQ:CELL) announced today that its subsidiary, Brightpoint Middle
East FZE, has formed a new joint venture, Fono Distribution Services
Limited Liability Company, with Tri-Corp Technologies Est., a
locally-owned company. The headquarters for the joint venture will be
in the Emirate of Dubai.

The purpose of the joint venture is to develop and supply
distribution channels for wireless communications products in the
Middle East. Brightpoint will provide certain management and advisory
services for the joint venture and will also supply products from the
leading wireless manufacturers to the joint venture for these
channels.

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).