Brightpoint and Persequor Form Joint Venture to Serve Wireless Telecommunications and Data Industry in India.

Business Editors/High-Tech Writers

PLAINFIELD, Ind.--(BUSINESS WIRE)--Nov. 25, 2003

Brightpoint, Inc. (NASDAQ:CELL) announced today that its subsidiary, Brightpoint Holdings B.V., has entered into an agreement with Persequor Limited ("Persequor") forming a joint venture in Brightpoint India Private Limited ("Brightpoint India"). Pursuant to the agreement, Persequor will receive 15% of the common shares of Brightpoint India. In exchange for the shares, Persequor will provide certain management services to Brightpoint India, including managing, operating, reporting and servicing the Brightpoint India business. Persequor will not be entitled to receive compensation, but will be reimbursed for certain expenses incurred in connection with rendering these services. In addition, Persequor has the right to require Brightpoint to purchase, and Brightpoint has the right to require Persequor to sell, Persequor's interest in Brightpoint India exercisable on the fourth anniversary of the agreement or on each anniversary thereafter at a purchase price to be determined in accordance with an agreed independent appraisal method.

"We are pleased to welcome Persequor as a partner into our India business and to expand our management relationship with Persequor in this exciting market," stated Robert J. Laikin, Chairman of the Board and Chief Executive Officer of Brightpoint, Inc.

"The market for wireless communication devices in India has shown that it is poised for long-term growth. We hope to capitalize on this opportunity through our partnership with Brightpoint," stated Jac Currie, President of Persequor Limited.

Brightpoint India commenced operations in July 2003 and offers distribution and outsourced services to wireless equipment manufacturers, network operators and retailers in India.

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 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. 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.