Brightpoint and Nokia Extend Exclusive Distribution Agreement for the United States
Posted on: Friday, 9 January 2004, 06:00 CST
Brightpoint, Inc. (NASDAQ:CELL) announced today that its subsidiary, Brightpoint North America L.P., has extended its relationship with Nokia in the United States to January 1, 2006. Brightpoint continues to be the exclusive authorized distributor for Nokia brand wireless devices in the United States.
Nokia utilizes Brightpoint's supply chain expertise to market, sell and deliver wireless devices to network operators, independent agents and national retailers throughout the United States. Brightpoint is one of Nokia's largest customers worldwide and in the first nine months of 2003, shipments of Nokia wireless devices represented approximately 54% of Brightpoint's total wireless devices handled.
"Brightpoint plays an important role in making Nokia products accessible throughout the United States," stated Timothy P. Eckersley, Senior Vice President - Americas, Nokia Mobile Phones. "We are excited to continue this valued relationship."
"Brightpoint is proud to play a role in Nokia's successful strategy of enabling mobility through its robust product offering," stated J. Mark Howell, President of Brightpoint, Inc. and Brightpoint Americas. "The extension of this agreement is affirmation of our mutually beneficial long-standing relationship."
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).
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