Brightpoint Announces Appointment of Two New Directors.Business Editors/High-Tech Writers INDIANAPOLIS--(BUSINESS WIRE)--Oct. 31, 2002 Brightpoint, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CELL) announced today that the board of directors has expanded the board to nine members and appointed two new directors. Both directors satisfy the proposed NASDAQ rules relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc independence. Catherine M. Daily has been appointed to serve as a Class III director. Catherine is the David H. Jacobs Chair of Strategic Management in the Kelley School of Business The Kelley School of Business of Indiana University is one of the top ranked business schools in the USA. It is home to approximately 4,600 full-time students on its Bloomington campus and approximately 1,200 students on its Indianapolis campus. , Indiana University Indiana University, main campus at Bloomington; state supported; coeducational; chartered 1820 as a seminary, opened 1824. It became a college in 1828 and a university in 1838. The medical center (run jointly with Purdue Univ. . She received her Ph.D. degree in Strategic Management from the Kelley School of Business, Indiana University. Prior to joining the faculty at the Kelley School of Business, she served on the faculties of Purdue University Purdue University (pərdy `, -d `), main campus at West Lafayette, Ind. and The Ohio
State University Ohio State University, main campus at Columbus; land-grant and state supported; coeducational; chartered 1870, opened 1873 as Ohio Agricultural and Mechanical College, renamed 1878. There are also campuses at Lima, Mansfield, Marion, and Newark. . Catherine is an internationally recognized author and
speaker on the topic of corporate governance Corporate GovernanceThe relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. . Her published work in this area can be found in respected practitioner and academic outlets such as Directors & Boards, Across the Board, California Management Review, Strategic Management Journal, and Academy of Management Journal. Richard W. Roedel, has been appointed to serve as a Class II director and Chairperson of the Company's Audit Committee. In addition, the Board of Directors has designated Mr. Roedel as a "financial expert" within the meaning of Section 407 of the Sarbanes-Oxley Act See SOX. of 2002 and the proposed SEC rules relating to Section 407. Richard was from 1999 to 2000 Chairman and Chief Executive Officer of BDO Seidman, the United States member firm of BDO International. BDO Seidman has more than 35 offices and 175 alliance firm locations in the Unites States. BDO International has a global distribution network of resources comprised of more than 590 member firm offices in 99 countries. Before becoming Chairman and Chief Executive Officer, he was the Managing Partner of BDO BDO Big Day Out (Australian music festival) BDO Banco de Oro (Philippines) BDO 1,4-Butanediol BDO British Darts Organisation BDO Block Development Officer BDO Big Dumb Object Seidman's New York Metropolitan Area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. from 1994 to 1999, the Managing Partner of its Chicago office from 1990 to 1994 and an Audit Partner from 1985 to 1990. Mr. Roedel received a B.S. degree from The Ohio State University and is a Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. . "My desire is to improve Brightpoint's Board by implementing `best practices' in corporate governance as well as in the financial and accounting areas," Robert J. Laikin, Chairman of the Board and Chief Executive Officer of Brightpoint, Inc. said. "The appointment of these two noted experts, in these critical areas, will provide great benefits to Brightpoint's shareholders." Catherine M. Daily stated, "Publicly-traded firms will face an increasingly challenging environment with regard to corporate governance. I am extremely pleased with Brightpoint's commitment to be among the leaders on this dimension and look forward to working with the Board and firm's management to implement this objective." "I look forward to working with other members of the board to provide guidance and support to the Company's management to help position Brightpoint for the future. I'm particularly delighted to be part of an organization with the level of commitment Brightpoint demonstrates to execute strategies for long-term growth and profitability," said Richard W. Roedel. Brightpoint is one of the world's largest distributors of mobile phones. Brightpoint supports the global wireless telecommunications and data industry, providing quickly deployed, flexible and cost effective third party solutions. Brightpoint's innovative services include distribution, channel management, fulfillment, eBusiness solutions and other outsourced services that integrate seamlessly with its customers. Additional information about Brightpoint can be found on its website at www.brightpoint.com or by calling its toll-free Information and Investor Relations Investor relations The process by which the corporation communicates with its investors. 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. These statements are only predictions and actual events or results may differ materially. Please refer to the documents the Company files, from time to time, with the Securities and Exchange Commission; specifically, Brightpoint's most recent Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and Exhibit 99, 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. These risk factors include, without limitation, changes in estimates and judgments inherent in the preparation of the final financial statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which 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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