Brightpoint Enters Into Integrated Services Agreement With TCS in Brazil.Business & High-Tech Editors INDIANAPOLIS--(BUSINESS WIRE)--Oct. 11, 2000 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 Brazilian subsidiary, Brightpoint do Brasil Ltda., has entered into an agreement with Tele Celular Sul Participacoes S.A. ("TCS (Transportation Control System) A widely used integrated information system for railroad transportation developed by the Missouri Pacific Railroad Company in the late 1960s and early 1970s. It was later implemented by Union Pacific when the companies merged. ")(NYSE NYSE See: New York Stock Exchange :TSU Tsu (ts ), city (1990 pop. 157,177), capital of Mie prefecture, S Honshu, Japan, on Ise Bay. It is a commercial and manufacturing center, with glass, machine, and food-processing factories. )(BOVESPA See Bolsa de Valores de Sao Paulo. :TCLS3) (BOVESPA:TCLS4)("TCS"), the holding company of Telepar Celular S.A., Telesc Celular S.A. and CTMR Celular S.A., which are all leading providers of cellular telecommunications services in southern Brazil. Under the agreement Brightpoint will provide TCS with product acquisition, warehousing, shipping, order fulfillment and other integrated logistics services. TCS, by combining Telepar Celular, Telesc Celular and CTMR Celular to operate on the mobile telecomunications band A in Parana, Santa Catarina and in the region of Pelotas Pelotas (pəlô`təsh), city (1991 pop. 291,100), Rio Grande do Sul state, S Brazil, an inland port on the São Gonçalo canal. (RS) has added its leading edge technology to the largest experience in mobile telecommunications services in Southern Brazil. TCS is controlled by Telecom Italia Mobile TIM (Telecom Italia Mobile) is Telecom Italia's mobile phone brand, and runs a GSM, EDGE, UMTS and HSDPA network in Italy and a GSM network with EDGE in Brazil. In Europe, TIM is part of the FreeMove alliance. TIM Peru was sold to América Móvil and rebranded Claro. ("TIM TIM Timothy TIM Technical Interchange Meeting TIM Transient Intermodulation Distortion TIM Time Is Money TIM The Invisible Man (movie) TIM Telecom Italia Mobile (Italian cellular provider) "). TIM is the largest mobile telephone services provider in Europe and one of the largest in the world, serving over 32 million customers in 14 countries. Brightpoint, Inc. is a leading provider of outsourced services in the global wireless telecommunications and data industry. Brightpoint's innovative services include contract manufacturing, customized packaging, prepaid and e-commerce solutions, inventory management, distribution and other outsourced services. Brightpoint's customers include leading network operators, e-tailers, retailers and wireless equipment manufacturers. Additional information about Brightpoint 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). 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-Q and Exhibits 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, the ability of both parties to perform under the contract, consolidation of our wireless network operator customers and financial risk management. 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. Note to editors: There should be a tilde A symbol used in Windows, starting with Windows 95, that maintains a short version of a long file or directory name for compatibility with Windows 3.1 and DOS. For example, the short version of a file named "Letter to Joe" would be LETTER~1. Then "Letter to Pat" becomes LETTER~2. over the "o" in Participacoes. The character was omitted for transmission purposes. |
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