Brightpoint Announces Distribution Agreement With Belkin in Australia
GlobeNewswire 2011-08-15
INDIANAPOLIS, Aug. 15, 2011 (GLOBE NEWSWIRE) -- Brightpoint, Inc.
(Nasdaq:CELL), a global leader in providing supply chain solutions to
the wireless industry, today announced that its subsidiary, Brightpoint
Australia Pty Limited ("Brightpoint"), has entered into a distribution
agreement with Belkin Limited ("Belkin"). Under the terms of the
agreement, Brightpoint will distribute Belkin's wide range of mobile
accessories, including certified "Made for Apple" and "Made for
Samsung" products, into the Australian operator and retail channels.
"I am confident that by leveraging Brightpoint's deep and trusted
relationships across the operator and retail channels, Belkin will
further strengthen its market position and presence in Australia," said
Christian Pegrum, National Sales Manager, Belkin Australia.
"Brightpoint already has a strong, established relationship with Belkin
in New Zealand. This agreement is a natural extension of our existing
relationship."
"Belkin adds an exciting dimension to our distribution activities,"
stated James Watters, Managing Director, Brightpoint Australia. "At
Brightpoint, we constantly strive to offer our customers world-class
products and services. This is reinforced with Belkin and its "Made for
Apple" and "Made for Samsung" lines of mobile accessories, which will
generate incremental revenue and gross margin opportunities for
Brightpoint customers."
About Belkin Limited
Belkin Limited manufactures peripherals and connectivity solutions for
computer and consumer electronics users. Its products include hubs, PCI
cards, and devices, LAN and wireless peripheral sharing devices and
cables, networking hardware and accessories, bluetooth cards and
adapters, and gaming devices. The company also offers power protection
products, including UPS and surge protectors, keyboard, video, and
mouse switches, mobile and PDA accessories, personal computer, Mac, and
notebook accessories, and computer and audio-visual cables. In
addition, it operates an end-to-end reseller support program, as well
as offers in-store training for retailers and business-to-business
e-commerce integration. The company offers its products through
distributors, resellers, superstores, mail orders, retailers, original
equipment manufacturers accounts and online.
Belkin Limited was incorporated in 1996 and is based in Rushden, United
Kingdom. The company has additional offices in Europe, including the
United Kingdom, the Netherlands, France, Germany, Australia, New
Zealand, and various Asian cities, including Shanghai and Hong Kong.
Belkin Limited operates as a subsidiary of Belkin International, Inc.
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 customised 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. Brightpoint has approximately
4,000 employees, as well as a significant number of temporary staff,
and a global footprint covering more than 35 countries, including 13
Latin American countries through its investment in Intcomex, Inc. In
2010, Brightpoint generated revenue of $3.6 billion. Brightpoint
provides distribution and customised 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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