INDIANAPOLIS, May 6, 2010 (GLOBE NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL) announced today that its subsidiary Brightpoint Portugal ("Brightpoint") signed an exclusive distributor agreement with HTC Corporation ("HTC"), a global manufacturer of intelligent devices. Pursuant to this agreement, Brightpoint will supply wireless solutions and added value services to develop the distribution of HTC products in Portugal.
The agreement, effective from May 1, positions Brightpoint as the exclusive distributor in Portugal of the HTC portfolio, which includes such devices as the HTC Hero, the HTC HD2, the latest HTC Desire, HTC Legend and HTC HD Mini, all capable of meeting users' needs in mobile internet, social networking, and a wide variety of applications for work and leisure.
"This strategic alliance with Brightpoint represents a breakthrough to meet the growing demand that our brand is having on the Portuguese market," said Pedro Abad, HTC Country Manager for Spain and Portugal. "Brightpoint's experience will accelerate the availability of HTC phones to Portuguese customers."
"This agreement is the result of a thorough analysis of the Portuguese market, its evolution, and a response to the needs of the manufacturer and its customers," said Carlos Gonçalves, Brightpoint Portugal Country Manager. "The desire to combine the excellent HTC handsets with the best handling and distribution services in our country is the main success factor in the telecommunication consumer market."
About HTC
HTC Corporation (HTC) is one of the fastest growing companies of the mobile telephony sector. Putting the individual at the heart of everything that is done, HTC develops innovative smartphones that improve people's lives. The company is listed on the Taiwan Stock Exchange with the code 2498.
About Brightpoint
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. 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.
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, the ability of the Company to complete any or all of the repurchases contemplated under the Amended Share Repurchase Program. 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. 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.