Press Releases

Brightpoint Completes Purchase Of Center Of Excellence Facility In Reno, NV

Stock quotes in this article:CELL 

INDIANAPOLIS, March 3, 2011 (GLOBE NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL), a global leader in providing supply chain solutions to the wireless industry, today announced the recent completion of the purchase of a 264,000 square foot Operational Center of Excellence facility in Reno, Nevada. The Company previously announced its intent to purchase the Reno facility as part of a series of strategic real estate investments to expand and optimize its supply chain network in the United States. 

Brightpoint is investing in additional facilities in response to the Company's planned growth and anticipated need for increased capacity to serve its customers. The addition of the Reno facility gives Brightpoint in excess of 2 million square feet of supply chain logistics and distribution services facilities in the United States. Brightpoint will transition and expand certain operations to the new Reno facility, which will be operational in the second quarter of 2011. Adding this Reno facility will enable Brightpoint to meet expected demand, expand its portfolio of products and services currently offered, improve operating efficiencies through the elimination of capacity constraints, mitigate the risk of business interruption by providing geographically diverse operations, and provide an optimal supply chain network for freight management services.

"The addition of the Reno facility will provide the infrastructure necessary to support our leading position as an end-to-end supply chain solutions provider to the wireless industry," stated J. Mark Howell, President Brightpoint Americas. "This is in line with our strategy to expand our competitive differentiation through efficient and flexible customer solutions and optimization of our supply chain network in the United States." 

About Brightpoint, Inc.

Brightpoint, Inc. (Nasdaq:CELL) is a global leader in providing end-to-end supply chain solutions to leading stakeholders in the wireless industry. In 2010, Brightpoint handled approximately 99 million wireless devices globally. Brightpoint's innovative services include distribution channel management, procurement, inventory management, repair services and reverse logistics, software loading, kitting and customized packaging, fulfillment, product customization, eBusiness solutions, and other outsourced services that integrate seamlessly with its customers. Brightpoint's effective and efficient platform allows its customers to benefit from quickly deployed, flexible, and cost effective solutions. The Company has approximately 4,000 employees in more than 25 countries. In 2010, Brightpoint generated revenue of $3.6 billion. Brightpoint provides distribution and customized services to over 25,000 B2B customers worldwide. 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 Brightpoint files, from time to time, with the Securities and Exchange Commission, including Brightpoint's most recent Form 10-K and Form 10-Q 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. 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.

CONTACT: Brightpoint, Inc.
         Tom Ward
         Investor Relations
         317-707-2745
         
         Brightpoint, Inc.
         Carolyn Manco
         Media Relations
         317-707-2276

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