Brightpoint, Inc. reports record revenues and income.

INDIANAPOLIS--(BUSINESS WIRE)--Jan. 30, 1996--Brightpoint, Inc. (NASDAQ: CELL) today announced record sales and income for the fourth quarter and year ended December 31, 1995.

For the fourth quarter, the Company reported net sales of $79,248,000, an increase of 27 percent from the $62,556,000 net sales recorded in the fourth quarter of 1994. Net income was $1,864,000, up 71 percent from $1,091,000 in the same period last year. Earnings per share rose to $0.23 from $0.17, a 35 percent increase despite an additional 1.9 million common shares outstanding during the 1995 fourth quarter due to the Company's offering of common stock on October 25, 1995.

Brightpoint reported net sales of $269,359,000 for the year 1995 versus net sales of $169,268,000 for 1994. While revenues rose 59 percent, net income in 1995 increased 101 percent to $5,706,000 from $2,843,000 (pro forma) in 1994. The Company's earnings per share for 1995 were $0.80 on 7,162,000 average shares outstanding, up from $0.51 per share on 5,589,000 average shares outstanding in 1994. All share and per share numbers have been adjusted to reflect the five-for-four split of Brightpoint shares paid to shareholders on September 20, 1995.

"We are pleased to report Brightpoint's excellent performance," stated Robert J. Laikin, President and CEO. "Strong demand for wireless communications equipment in both the United States and internationally, and the ability of our people to meet or exceed the needs of our customers drove market share gains for Brightpoint in 1995. We believe that our work with those companies providing cellular service is responsible for a good measure of our financial success. Although unit prices declined through most of 1995, we did see price stability in the final quarter of the year."

Mr. Laikin continued, "we expect 1996 to be a busy year at Brightpoint. As we settle into our new operations facility in Indianapolis, we will strive to provide even higher levels of service to our customers and we will continue to focus on the value added services we provide. Additionally, we will work diligently to continually grow both our domestic and international business through such vehicles as the acquisition of Technology Resources International (TRI) and the merger with Allied Communications."

Brightpoint, Inc. distributes wireless communication equipment and related products globally and provides related services including inventory management, fulfillment, packaging and programming. The Company's primary mission is to always be the most efficient channel of distribution for vendors and the low cost/high service provider to customers, thereby striving to be the best total cost provider in terms of price, time and reliability. -0-

                         BRIGHTPOINT, INC.

                          BALANCE SHEETS

                                December 31, 1995  December 31, 1994
                                _________________  _________________

ASSETS
Current assets:
  Cash and cash equivalents              $5,000             $52,000
  Accounts receivable, net           35,000,000          19,276,000
  Accounts receivable, related party    842,000             ----
  Inventories                        40,030,000          14,944,000
  Other current assets                1,181,000             510,000
                                    ___________         ___________
Total current assets                 77,058,000          34,782,000

Property and equipment, net           2,455,000             311,000

Other assets                            257,000             ----
                                    ___________         ___________
Total assets                        $79,770,000         $35,093,000
                                    ___________         ___________
                                    ___________         ___________

LIABILITIES AND
  STOCKHOLDERS' EQUITY
Current liabilities:
  Accounts payable and accrued
     expenses                       $20,725,000         $19,576,000
  Note payable                          ----                ----
                                    ___________         ___________
Total current liabilities            20,725,000          19,576,000

Deferred taxes                           48,000             ----

Stockholders' equity:
  Common stock                           86,000              62,000
  Additional paid-in capital         50,803,000          13,053,000
  Retained earnings                   8,108,000           2,402,000
                                    ___________         ___________
Total stockholders' equity           58,997,000          15,517,000
                                    ___________         ___________
Total liabilities and stockholders'
  equity                            $79,770,000         $35,093,000
                                    ___________         ___________
                                    ___________         ___________

                             BRIGHTPOINT, INC.

                            STATEMENTS OF INCOME

                        Three Months Ended           Year Ended
                           December 31               December 31
                         1995        1994        1995         1994
                    ___________ ___________ ____________ ____________

Net sales           $79,248,000 $62,556,000 $269,359,000 $169,268,000

Cost of sales        74,263,000  59,422,000  252,979,000  161,108,000
                    ___________ ___________ ____________ ____________
Gross profit          4,985,000   3,134,000   16,380,000    8,160,000

Selling, general
 and administrative
 expenses             1,994,000   1,364,000    6,246,000    3,543,000
                    ___________ ___________ ____________ ____________
Income from
 operations           2,991,000   1,770,000   10,134,000    4,617,000

Interest income
 (expense), net          72,000      16,000     (760,000)      82,000
                    ___________ ___________ ____________ ____________
Income before income
 taxes                3,063,000   1,786,000    9,374,000    4,699,000
Income taxes          1,199,000     695,000    3,668,000    1,549,000
                    ___________ ___________ ____________ ____________
Net income           $1,864,000  $1,091,000   $5,706,000   $3,150,000
                    ___________ ___________ ____________ ____________
                    ___________ ___________ ____________ ____________

Net income per share:           Historical      Historical  Pro forma
                          ____________________  __________ __________

 Net income per share         $0.23      $0.17      $0.80      $0.51
                          _________  _________  _________  _________
                          _________  _________  _________  _________
 Weighted average common
   shares outstanding     8,278,000  6,494,000  7,162,000  5,589,000
                          _________  _________  _________  _________
                          _________  _________  _________  _________

CONTACT: Brightpoint, Inc., Indianapolis

J. Mark Howell, 317/297-6100