BrightPoint Americas Announces Logistic Services Relationship With FreedomPop
Indianapolis, IN (GLOBE NEWSWIRE) -- Brightpoint, Inc. ("BrightPoint") (Nasdaq:CELL), a global leader in providing device lifecycle services to the wireless and high-tech industries, today announced that its subsidiary, Brightpoint North America L.P. ("BrightPoint Americas"), has entered into a logistic services relationship with FreedomPop, the innovative new mobile broadband company.
In conjunction with the relationship, BrightPoint Americas will provide a variety of critical logistic services including inventory management, kitting, packaging, transportation management, order fulfillment and reverse logistics.
"We are pleased to work with BrightPoint Americas, a proven leader in logistics who can support the aggressive growth projections we have," said Steven Sesar, FreedomPop's Chief Operating Officer. "This relationship enables FreedomPop to benefit from BrightPoint's extensive logistics expertise and proven device lifecycle services and will provide our customers with prompt fulfillment and delivery of FreedomPop devices."
"We are excited to support FreedomPop and their mission to provide innovative wireless broadband products to consumers," stated J. Mark Howell, BrightPoint's President Americas. "BrightPoint's scalable, customized services platform will accelerate the availability of FreedomPop's innovative products which will utilize Clearwire's 4G network to provide wireless internet service to consumers."
About Freedom Pop
Founded in 2011, FreedomPop is building a new wave telecom company. Its aim is to provide disruptive voice and internet services to all Americans and ensure that no one is left off the "connected grid." FreedomPop's initial service will launch in 2012. Visit www.FreedomPop.com for more information.
About Brightpoint, Inc.
Brightpoint, Inc. (Nasdaq:CELL) is a global leader in providing device lifecycle services to the wireless and high-tech industries. In 2011, BrightPoint handled more than 112 million wireless devices globally. BrightPoint's 5 key service areas – Plan, Market, Customize, Move, Recover, offer over 110 innovative services, such as distribution channel management, procurement, inventory management, reverse logistics and repair services, software loading, kitting and customized packaging, fulfillment, product customization, eBusiness solutions, and other outsourced services that integrate seamlessly with its customers' IT systems and operations. BrightPoint's effective and efficient platform allows its customers to benefit from rapidly deployed, flexible and cost effective solutions. BrightPoint has more than 4,000 employees, as well as a significant number of temporary staff, and a global footprint covering more than 35 countries, including 13 Latin American countries through its investment in Intcomex, Inc. In 2011, BrightPoint generated revenue of $5.2 billion, from customers in over 75 countries. BrightPoint provides distribution and customized services through over 100,000 points-of-sale and to over 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).
SOURCE: Brightpoint, Inc.
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