INDIANAPOLIS, Jan. 21, 2010 (GLOBE NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL) (“Brightpoint”) announced today that it has selected RedPrairie Corporation (“RedPrairie”) to provide both Warehouse Management System (WMS) and Transportation Management System (TMS) solutions, which will be executed as part of a global implementation schedule, likely starting in the EMEA region in early 2010.
“Our global growth requires a technology solution that adapts to meet our clients’ evolving needs,” said Jac Currie, Chief Information Officer, Brightpoint, Inc. “RedPrairie’s platform will help to enhance our competitive edge through improved supply chain visibility, innovation and functionality.”
Taking into account the increasing complexities in Brightpoint’s global business and its customers' current and future requirements will be instrumental in dictating the pace at which the Company applies the RedPrairie platform. RedPrairie’s productivity solutions have an industry reputation for helping companies support their business strategies for increasing revenue, reducing costs and creating a competitive advantage. Based on the competitive selection process, which included workshops, direct reference interaction, evaluation of technical architecture and the continuity of suppliers, Brightpoint selected the RedPrairie solution.
“RedPrairie looks forward to helping Brightpoint meet their customers’ needs with the implementation of our WMS and TMS solutions,” said Mike Mayoras, CEO of RedPrairie. “These solutions help address needs for speed, accuracy, visibility and flexibility required to manage increasingly complex, global supply chains. We are pleased to be working alongside a company who places such a high premium on customer service.”
Brightpoint Europe will continue to develop the Business Services Center which will centralize specific business support (or back office) functions to be shared across all Brightpoint properties in the region and to execute its plan of consolidating its current warehouse facilities and creating strategically located hubs or Centers of Excellence. The Centers of Excellence and the addition of the RedPrairie platform will result in the efficiencies, enhancements and best practices necessary to meet our cost and effectiveness objectives in the region. This streamlines our operations in the region, which ultimately will allow our vendors and customers to take costs out of their supply chain.
About RedPrairie Corporation
RedPrairie delivers productivity solutions to help companies around the world in three categories – workforce, inventory and transportation. RedPrairie provides these solutions to manufacturers, distributors and retailers looking to support business strategies that increase revenue, reduce costs and create competitive advantage.
With over 20 global offices and solutions that are installed at more than 34,000 customer sites in over 40 countries, companies trust RedPrairie workforce, inventory and transportation solutions to deliver an increase in productivity – with the flexibility to adapt as business needs change. For additional information, call 1.877.733.7724, or visit RedPrairie.com.
About Brightpoint, Inc.
Brightpoint, Inc. (Nasdaq:CELL) is a global leader in the distribution of wireless devices and in providing customized logistic services to the wireless industry. In 2008, Brightpoint handled approximately 84 million wireless devices globally. Brightpoint's innovative services include distribution, channel development, fulfillment, product customization, e-Business 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 2,700 employees in more than 25 countries. In 2008 Brightpoint generated revenue of $4.6 billion. Brightpoint provides distribution and customized services to more than 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, including, but not limited to, statements regarding potential spending reductions resulting from the elimination and proposed elimination of positions and the streamlining of operations and its ability to achieve cost savings and debt reduction as part of its 2009 Spending and Debt Reduction Plan. 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.