Brightpoint Enters into Distribution and Logistics Services Agreement with RTX America5 August 2005
Brightpoint, Inc. (NASDAQ:CELL) announced today that its subsidiary, Brightpoint North America L.P. ("Brightpoint") and RTX America, Inc., a subsidiary of RTX Telecom ("RTX") have entered into an agreement whereby Brightpoint will distribute RTX devices including the RTX DUALphone. DUALphone is one of the world's first US DECT cordless phone that supports both VoIP "soft-phones" and regular "land line services". The dual functionality phone is targeted for the Brightpoint sales channels including national retail, independent retail, carriers and value added resellers. Brightpoint will also provide logistics services including end user fulfillment, web development and hosting, inventory management, e-commerce, returns management and order processing.
About RTX America
RTX America Inc., based in San Jose, California, USA, to develop the North American market for VoIP, is a subsidiary of RTX Telecom A/S., a wireless product development company specializing in development of advanced wireless communication solutions and OEM Products across the entire range of wireless technologies (DECT, DPRS, VoIP, IEEE 802.11a/b/g, 2.4GHz, 5.8GHz, NMT, GSM, GPRS, TD-SCDMA and Bluetooth). The company is listed on the Copenhagen Stock Exchange and the customer list includes many of the world's leading manufacturers of wireless communication devices. Additional information can be found on www.rtxtelecom.com
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 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, the Company's most recent Form 10-K/A and Form 10-Q and the cautionary statements contained in 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, which 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.
Source: Business Wire
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