Nokia Chooses Brightpoint to Provide Logistics Services for Nokia Original Accessories in the US and Latin America

IRVING, TX (June 20, 2001) - In a move designed to improve the flow of products and information to customers while providing additional operational flexibility, Nokia (NYSE: NOK) today announced it has entered into a letter of intent to outsource all Nokia Original Accessory distribution and logistics services for the US and Latin America to Brightpoint, Inc. (NASDAQ:CELL). Brightpoint is a leading provider of outsourced services in the global wireless telecommunications and data industry. Pending the execution of a definitive agreement, full transition of accessory distribution and logistics services to Brightpoint is scheduled to be complete by the end of fourth quarter 2001.

With current Nokia representatives continuing to handle sales, pricing, order entry functions and return authorizations, all customer interfaces will remain unchanged. Additionally, the research and development operations, quality, and manufacturing operations of Nokia Original Accessories will not be affected by this agreement.

Pekka Vartiainen, Nokia's Senior Vice President of Sales, US, said that customers would benefit as a result of the new process. "Brightpoint's extensive experience in the wireless industry made them a competitive choice for this project. The resulting effect for our customers will be custom packing programs and direct to store and direct to customer shipments."

"We are very pleased to expand our long-term relationship with Nokia," stated J. Mark Howell, President of Brightpoint. "Nokia's leading market position and brand recognition coupled with our logistics expertise will provide Nokia's customers with an efficient supply chain for Nokia Original Accessories."

Nokia and Brightpoint have enjoyed a relationship since the early 1990's, and have worked together to distribute Nokia products not only in the United States, but have also signed agreements to distribute products in the Asia Pacific region and Europe as well.

About Brightpoint
Brightpoint, Inc. is a leading provider of outsourced services in the global wireless telecommunications and data industry. Brightpoint's innovative services include customized packaging, prepaid and e-commerce solutions, inventory management, distribution and other outsourced services. Brightpoint's customers include leading network operators, retailers and wireless equipment manufacturers. Additional information about Brightpoint can be found on its website at www.brightpoint.com or by calling its toll-free Investor Relations Information line at 877-IIR-CELL (877-447-2355).

About Nokia
Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges.

For more information:
Media and Analysts only please contact:

Keith Nowak
Nokia Americas
Tel. 972-894-6182
keith.nowak@nokia.com

Phillip A. Bounsall
Brightpoint, Inc.
317-297-6100
With respect to Brightpoint, 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 that Brightpoint files, from time to time, with the Securities and Exchange Commission; specifically, Brightpoint's most recent Form 10-K, Form 10-Q and Exhibits 99, 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. These risk factors include, without limitation, the ability of both parties to enter into and perform under the contract. Readers are cautioned not to place undue reliance on these forward-looking statements which 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.