Brightpoint and Nokia Sign Agreement to Distribute Multimedia Terminals in the Philippines.Business Editors INDIANAPOLIS--(BUSINESS WIRE)--March 7, 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 subsidiary, Brightpoint Philippines, Inc., has signed an agreement with Nokia (NYSE NYSE See: New York Stock Exchange :NOK NOK In currencies, this is the abbreviation for the Norwegian Krone. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) to distribute Nokia's digital multimedia terminal, the Nokia Mediamaster, for use in interactive multimedia systems. The Nokia Mediamaster is a digital receiver decoder (set-top box) that is part of the "Digital Satellite System" (DSS (1) (Digital Signature Standard) A National Security Administration standard for authenticating an electronic message. See RSA and digital signature. (2) (Digital Satellite S ) which comprises a satellite antenna dish, LNBF LNBF Low Noise Block downconverter Feedhorn (satellite television) LNBF Low Noise Block Converter-Feeds , and remote control used to receive nearly all existing digital TV and radio transmissions programs. The new generation of the Nokia Mediamaster features a pure design which blends perfectly with the home environment. It also comes with a new, easy to use and ergonomic Electronic Program Guide remote control that has on-screen menus to compose and watch selected program categories. When new functions and services are introduced, the software can be upgraded and downloaded directly into the receiver. 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" 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), which statements are incorporated into this news release by reference. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion