Brightpoint, Inc. (NASDAQGS: CELL) is a global leader in the distribution of wireless devices and in providing customized logistic services to the wireless industry. In 2007, Brightpoint handled approximately 83 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 3,300 employees in over 25 countries. In 2007 Brightpoint generated revenue of $4.3 billion and net income of $47.4 million. Brightpoint provides distribution and customized services to over 25,000 B2B customers worldwide. Additional information about Brightpoint can be found on its website at at www.brightpoint.com, or by calling its toll-free Information and Investor Relations line at 877-IIR-CELL (877-447-2355).
In 2008, Brightpoint expects to handle over 100 million wireless devices on a global basis. The sell-in range for the global wireless device industry is expected to be between 1.25 billion and 1.35 billion units. Brightpoint remains confident that it will continue to grow faster than the global wireless device industry in 2008 and beyond in terms of unit growth rate. Our growth strategy remains unchanged. We will continue to look for profitable growth via a) geographic expansion; b) adding new products and services to our portfolio; c) leveraging our capabilities and sharing core competencies among our various geographies around the world; and d) building our brand equity globally.
Brightpoint remains well positioned in the global wireless value chain to take advantage of the many growth opportunities within the wireless industry.
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