Brightpoint Enters Into Distribution Agreement With SanDisk.PLAINFIELD, Ind. -- 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 its subsidiary Brightpoint North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. L.P. ("Brightpoint") has entered into an agreement with SanDisk Corporation (NASDAQ:SNDK) ("SanDisk") whereby, Brightpoint intends to supply SanDisk flash memory data storage card products to Brightpoint's customers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. including independent wireless dealers, retailers, MVNOs (Mobile Virtual Network Operators A Mobile Virtual Network Operator (MVNO) is a company that provides mobile (sometimes called wireless or cellular) telephone service but does not have its own allocation of the radio frequency spectrum nor all of the infrastructure required to provide mobile telephone service. ), wireless operators, and VARs (Value Added Resellers See VAR. (company) value added reseller - (VAR, or "value added retailer") A company which sells something (e.g. computers) made by another company (an OEM) with extra components added (e.g. specialist software). ). "Flash memory is one of the key accessory products for Brightpoint and the wireless marketplace as the number of devices that support mobile content increases. We are pleased to be working with the market leader in SanDisk," stated Mitch Black, Senior Vice President of Sales & Distribution of Brightpoint. "With SanDisk's success working with most cellular handset manufacturers to add memory cards in their mid-range and high-end phones, and increasing demand for memory cards as a must have mobile accessory to enable the multimedia functions of today's mobile phones, Brightpoint is well positioned to help us further penetrate our wireless customers through its valued added distribution channels," stated Greg Rhine, Senior Vice President of World Wide Sales. About SanDisk SanDisk is the world's largest supplier of flash memory data storage card products. SanDisk, located in Milpitas, CA, designs and manufactures solid-state data, digital imaging and audio storage products using its patented high density flash memory and controller technology. 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 2005, Brightpoint handled 42 million wireless devices globally. Brightpoint's innovative services include distribution, channel development, fulfillment, product customization, eBusiness 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. 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 forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 Brightpoint files, from time to time, with the Securities and Exchange Commission; including, 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 Form 10-Q Form 10-Q See 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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