INDIANAPOLIS, May 26, 2009 (GlobeNewswire via COMTEX News Network) -- Brightpoint, Inc. (Nasdaq: CELL) today announced its subsidiary Brightpoint North America L.P. ("Brightpoint") has entered into a Logistics Fulfillment and Services agreement with CLEAR Wireless in support of their next generation mobile WiMAX network.
Brightpoint will provide a comprehensive logistics solution for several of CLEAR's distribution sales channels, including web-based and EDI ordering capabilities, distribution and fulfillment. Services will include inventory management, order processing, product fulfillment, customer care support, invoicing, credit/collections, and reverse logistics support.
"Brightpoint is pleased to increase its logistics portfolio by including CLEAR," stated J. Mark Howell, President of Brightpoint Americas. "We look forward to working with CLEAR to achieve their goals."
About Brightpoint, Inc.
Brightpoint, Inc. (Nasdaq: CELL) is a global leader in the distribution of wireless devices and in providing customized logistic services to the wireless industry. In 2008, Brightpoint handled approximately 84 million wireless devices globally. Brightpoint's innovative services include distribution, channel development, fulfillment, product customization, e-Business solutions, and other outsourced services that integrate seamlessly with its customers. Brightpoint's effective and efficient platform allows its customers to benefit from quickly deployed, flexible, and cost effective solutions. The company has approximately 2,800 employees in more than 25 countries. In 2008 Brightpoint generated revenue of $4.6 billion. Brightpoint provides distribution and customized services to over 25,000 B2B customers worldwide. Additional information about Brightpoint can be found on its website at www.brightpoint.com [1], or by calling its toll-free Information and Investor Relations line at 877-IIR-CELL (877-447-2355).
Certain information in this press release may contain forward-looking statements regarding future events or the future performance of Brightpoint, including, but not limited to, statements regarding potential spending reductions resulting from the elimination and proposed elimination of positions and the streamlining of operations and its ability to achieve cost savings and debt reduction as part of its 2009 Spending and Debt Reduction Plan. These statements are only predictions and actual events or results may differ materially. Please refer to the documents Brightpoint files, from time to time, with the Securities and Exchange Commission, including Brightpoint's most recent Form 10-K and Form 10-Q and Exhibit 99.1, thereto. These documents contain and identify important risk factors that could cause the actual results to differ materially from those contained in or implied by these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date these statements were made. Brightpoint undertakes no obligation to update any forward-looking statements contained in this press release.
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SOURCE: Brightpoint, Inc.
Links:
[1] http://www.brightpoint.com/
[2] http://www.globenewswire.com/