HTC and Brightpoint Strengthen Relationship With Expansion of Global Distribution Agreement
Under New Agreement Brightpoint Will Establish a World ClassSupply Chain for HTC That Focuses on Efficiency, Operational Excellence, and Customer Satisfaction
PLAINFIELD, Indiana and TAOYUAN, Taiwan – October 31, 2007 – Brightpoint, Inc. (NASDAQ:CELL) ("Brightpoint") and HTC Corporation (TAIEX: 2498; "HTC"), the leading provider of Windows Mobile-based smart devices today announced that they have entered into a global master distribution agreement. Under the terms of the agreement Brightpoint will provide distribution and customized logistic services to HTC on a global basis. Pursuant to the agreement, Brightpoint will support the entire range of HTC branded devices and help in the global expansion and penetration of HTC products and services.
"Brightpoint, together with our Dangaard businesses, is the worldwide leader in providing distribution and customized logistic services for HTC's broad portfolio of devices and we were pioneers in developing sales channels and marketing for HTC," said stated Robert J. Laikin, chairman of the board and chief executive officer of Brightpoint. "I believe that this new expanded relationship is a testament to Brightpoint's ability to provide strategic value to HTC's growing product base."
"The global expansion of our partnership with Brightpoint enables us to bring best in class market execution efficiency including logistical, channel and retail support to our growing global business and will enable us to achieve even greater success across our entire range of HTC branded devices," said Peter Chou, chief executive officer, HTC Corp. "Brightpoint has consistently demonstrated seamless and efficient distribution of HTC devices in the countries they have previously distributed for us and we are excited to expand and improve our global footprint and capabilities through this partnership."
About HTC
Founded in 1997, HTC Corp. (HTC) designs, manufactures and markets innovative, feature rich smartphone and PDA Phone devices. Since its establishment, HTC has developed strong R&D capabilities, pioneered many new designs and product innovations and launched state-of-the-art PDA Phones and smartphones for mobile operators and distributors in Europe, the US, and Asia. These machines are available as HTC devices and as products individually customized for operator and device partners. HTC is one of the fastest growing companies in the mobile device market. The company is listed on the Taiwan Stock Exchange under ticker 2498. For more information about HTC, please visit http://www.america.htc.com/.
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 2006, Brightpoint (including Dangaard on a pro forma basis) handled 64 million wireless devices globally. Brightpoint's innovative services include distribution, channel development, fulfillment, product customization, eBusiness 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 3,700 employees in 25 countries. Including Dangaard operations on a pro forma basis, unaudited revenue in 2006 was $4.6 billion and unaudited net income was $55 million on a pro forma basis. 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).
PLAINFIELD, Indiana and TAOYUAN, Taiwan – October 31, 2007 – Brightpoint, Inc. (NASDAQ:CELL) ("Brightpoint") and HTC Corporation (TAIEX: 2498; "HTC"), the leading provider of Windows Mobile-based smart devices today announced that they have entered into a global master distribution agreement. Under the terms of the agreement Brightpoint will provide distribution and customized logistic services to HTC on a global basis. Pursuant to the agreement, Brightpoint will support the entire range of HTC branded devices and help in the global expansion and penetration of HTC products and services.
"Brightpoint, together with our Dangaard businesses, is the worldwide leader in providing distribution and customized logistic services for HTC's broad portfolio of devices and we were pioneers in developing sales channels and marketing for HTC," said stated Robert J. Laikin, chairman of the board and chief executive officer of Brightpoint. "I believe that this new expanded relationship is a testament to Brightpoint's ability to provide strategic value to HTC's growing product base."
"The global expansion of our partnership with Brightpoint enables us to bring best in class market execution efficiency including logistical, channel and retail support to our growing global business and will enable us to achieve even greater success across our entire range of HTC branded devices," said Peter Chou, chief executive officer, HTC Corp. "Brightpoint has consistently demonstrated seamless and efficient distribution of HTC devices in the countries they have previously distributed for us and we are excited to expand and improve our global footprint and capabilities through this partnership."
About HTC
Founded in 1997, HTC Corp. (HTC) designs, manufactures and markets innovative, feature rich smartphone and PDA Phone devices. Since its establishment, HTC has developed strong R&D capabilities, pioneered many new designs and product innovations and launched state-of-the-art PDA Phones and smartphones for mobile operators and distributors in Europe, the US, and Asia. These machines are available as HTC devices and as products individually customized for operator and device partners. HTC is one of the fastest growing companies in the mobile device market. The company is listed on the Taiwan Stock Exchange under ticker 2498. For more information about HTC, please visit http://www.america.htc.com/.
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 2006, Brightpoint (including Dangaard on a pro forma basis) handled 64 million wireless devices globally. Brightpoint's innovative services include distribution, channel development, fulfillment, product customization, eBusiness 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 3,700 employees in 25 countries. Including Dangaard operations on a pro forma basis, unaudited revenue in 2006 was $4.6 billion and unaudited net income was $55 million on a pro forma basis. 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).
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