LAINFIELD, Ind. -- Sept. 14, 2005 -- Brightpoint, Inc. (NASDAQ:CELL) subsidiary Brightpoint North America L.P. ("Brightpoint") and IDT Telecom, Inc. ("IDT"), have reached an agreement whereby Brightpoint will provide IDT with a full range of integrated logistics services such as inventory management, custom packaging, reverse logistics, web hosting, and fulfillment services enabling IDT to deliver their wireless devices to its customers in North America.
IDT is one of the two large Mobile Virtual Network Operators (MVNOs) we had announced in our Q2 earnings release on August 9, 2005 that we have been selected by to provide integrated logistics services.
"We are pleased to have been selected by IDT as their integrated logistics provider to support their MVNO business in the U.S.," stated J. Mark Howell, President of Brightpoint, Inc. and Brightpoint Americas. "We believe that our core capabilities in integrated logistics provide IDT with the necessary supply chain capabilities to serve their customers in a world class manner."
"We selected Brightpoint as our logistics services provider based on their wireless experience and ability to deliver world class services to our channels and customers," said Rob Schwartz, Executive Vice President of IDT Telecom and President of TuYo Mobile.
About Brightpoint
Brightpoint is one of the world's largest providers of distribution and integrated logistic services to the wireless telecommunications industry. Brightpoint supports the global wireless telecommunications and data industry, providing quickly deployed, flexible and cost effective solutions. Brightpoint's innovative services include distribution, channel management, fulfillment, eBusiness solutions and other outsourced services that integrate seamlessly with its customers. 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).
About IDT
IDT Corporation, through its IDT Telecom subsidiary, is a facilities-based, multinational carrier that provides a broad range of telecommunications services to retail and wholesale customers worldwide. IDT Telecom, by means of its own international telecommunications backbone and fiber optic network infrastructure, provides its customers with integrated and competitively priced international and domestic long distance and domestic all-distance telephony and prepaid calling cards.
