Brightpoint and Esat Digifone Extend Agreement.Business Editors INDIANAPOLIS--(BUSINESS WIRE)--March 23, 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 the Company has extended its agreement with Esat Digifone, a GSM operator based in Dublin, Ireland. This contract amendment extends the term of the agreement for an additional year, through November 2002. Under this agreement, Brightpoint will continue to provide wireless products and integrated services In computer networking, IntServ or integrated services is an architecture that specifies the elements to guarantee quality of service (QoS) on networks. IntServ can for example be used to allow video and sound to reach the receiver without interruption. related to Esat Digifone's prepaid and post-paid services. Brightpoint provides fulfillment and distribution services to Digifone, including prepaid SIM card and recharge card management, and distribution and packaging of wireless handsets, accessories and recharge cards for Digifone's authorized outlets throughout Ireland. Esat Digifone, a subsidiary of Esat Telecom Group plc (NASDAQ:ESATY), is Ireland's newest mobile phone operator. Digifone launched in March 1997 with a full range of GSM services GSM services are a standard collection of applications and features available to mobile phone subscribers all over the world. The GSM standards are defined by the 3GPP collaboration and implemented in hardware and software by equipment manufacturers and mobile phone operators. and a reported 96% population coverage in Ireland. Digifone reported 550,000 customers and over 44% of the GSM market in Ireland, as of the end of December 1999. 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 Investor relations The process by which the corporation communicates with its investors. Information line at 877-IIR-CELL (877-447-2355). "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. " as defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 may be included in this news release. A variety of factors could cause the Company's actual results to differ from the reported results expressed in such forward-looking statements. Investors are referred to the Company's Cautionary Statements (Exhibit 99 to the Company's most recent Form 10-Q Form 10-Q See 10-Q. ), which statements are incorporated into this news release by reference. |
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