Brightpoint and STi Mobile Enter into Integrated Logistics Services Agreement.Business Editors PLAINFIELD, Ind.--(BUSINESS WIRE)--Jan. 23, 2004 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., has entered into a service agreement with STi Mobile STI Mobile is a MVNO that provides wireless service through the Sprint PCS nationwide network. STI Mobile is the only interconnected MVNO in which calls are processed on STI Mobile's own switched network. ("STi"). Brightpoint will provide STi with a variety of services, including, but not limited to, inventory management, packaging, product fulfillment and returns management services. "We chose Brightpoint based on their reputation and experience servicing the wireless industry," stated Mike Keilty, Senior Vice President, Sales and Operations for STi Mobile. "With Brightpoint we are able to quickly deploy a scalable supply chain solution which meets the needs of our growing business." "We are pleased to provide STi Mobile with a suite of 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. to facilitate their unique approach to nationwide prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. wireless services," stated J. Mark Howell, President of
Brightpoint, Inc. and Brightpoint Americas.
About Brightpoint 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 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 Investor relations The process by which the corporation communicates with its investors. line at 877-IIR-CELL (877-447-2355). About STi Mobile STi Mobile is a New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of based provider of prepaid nationwide wireless services. With headquarters in Flushing, New York, the company utilizes a state-of-the-art, all digital 3-G nationwide CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. network that reaches over 220 million people. STi Mobile provides competitive rates for local, long distance and international calling, offering a variety of different rate plans. Additional information about STi Mobile can be found on its website at www.stimobile.com or by calling its toll-free Information line at 800-784-9865, or local 718-358-0095. 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 the Company files, from time to time, with the Securities and Exchange Commission; specifically, Brightpoint's most recent Form 10-K/A 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. These risk factors include, without limitation, the ability of both parties to perform under the contract and the right to terminate under the contract. 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. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion