INDIANAPOLIS, June 29, 2010 (GLOBE NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL) announced today that its subsidiary Brightpoint Sweden ("Brightpoint") has expanded its relationship with 3 Scandinavia ("Hi3G Access AB") to start providing supply chain solution services to 3 Scandinavia in Sweden. Brightpoint Sweden currently provides a suite of supply chain solutions to 3 Scandinavia in Denmark and this agreement further expands our relationship in the Nordics. Pursuant to the agreement, Brightpoint will provide a variety of integrated logistic services for 3 Scandinavia products including mobile phones, mobile broadband, mobile accessories and laptops.
"We are pleased to expand our long standing relationship with 3 Scandinavia," said Anurag Gupta, President of Brightpoint EMEA. "We look forward to serving 3 Scandinavia and its customers with our wireless industry leading effective and efficient logistics services. This agreement reinforces our strategy to create a Center of Excellence in the Nordic region."
"We selected Brightpoint for their speedy, reliable and cost-efficient service. They are perfectly located to serve both our Swedish and Danish operations and they are very well acquainted with the business we are in," says Peder Ramel, CEO of 3 Scandinavia.
About 3 Scandinavia/Hi3G Access AB
Operating under the 3 brand, Hi3G Access AB is the leading operator of 3G mobile and mobile broadband networks in Sweden and Denmark. The company also holds a license for Norway. Hi3G Access AB is 60% owned by Hutchison Whampoa Limited in Hong Kong and 40% by Investor AB in Stockholm, Sweden. Hi3G Access AB is part of the global 3 Group of mobile operators with operations in Australia, Austria, Denmark, Hong Kong, Indonesia, Italy, Ireland, Macau, Sweden and United Kingdom.
For more information on 3 Scandinavia, see www.tre.se
For more information on the 3 group, see www.three.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 2009, 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 2009, Brightpoint generated revenue of $3.2 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. 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.