INDIANAPOLIS, Dec. 17, 2009 (GLOBE NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL) ("Brightpoint") announced today that it has been named a Top 50 Logistics Provider by Transport Topics magazine. Transport Topics Logistics 50, an annual survey of the largest logistics companies -- covering freight management and forwarding, brokerage services and warehousing and distribution -- accurately and objectively documents the size and scope of the largest operators in the United States and Canada, and provides timely analysis of trends shaping the industry. Brightpoint was named number 46 of the top 50.
"Brightpoint is pleased to be included as a Top 50 Logistics Provider," said J. Mark Howell, President of Brightpoint Americas. "This award proves our commitment to our customers continues to be the foundation of our success."
About Transport Topics
Transport Topics is one of the trucking industry's oldest and most widely read trade publications. Published weekly, it reaches more than 30,000 professionals involved in transportation operations, planning, purchasing and maintenance. It has been issuing a Top 50 list since 2002.
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.