INDIANAPOLIS, June 25, 2009 (GLOBE NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL) (the "Company") today announced the filing of a shelf-registration statement with the United States Securities and Exchange Commission ("SEC") covering the resale of up to 30,000,000 shares of the Company's common stock by NC Telecom Holding A/S (formerly known as, Dangaard Holding A/S) (the "Selling Shareholder"). Upon effectiveness of this registration statement and the filing of the related prospectus and a prospectus supplement, the Selling Shareholder may sell these shares in one or more offerings in a manner described in a prospectus supplement to be filed in connection with any future offering. The registration statement was filed by the Company in accordance with certain registration rights previously granted to the Selling Shareholder under a Registration Rights Agreement entered into with the Company.
The Company will not receive any of the proceeds of any sales of common stock by the Selling Shareholder pursuant to the shelf-registration statement.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective and a prospectus supplement is filed. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. When available, a written copy of the prospectus and prospectus supplement may be obtained by contacting any underwriter for the selling shareholder named in the prospectus supplement or Anurag Gupta of the Company at 7635 Interactive Way, Suite 200, Indianapolis Indiana 46278 or by accessing the Securities and Exchange Commission's website at http://www.sec.gov.
About Brightpoint, Inc.
Brightpoint, Inc. is a global leader in the distribution of wireless devices and in providing customized logistic services to the wireless industry. Brightpoint's innovative services include distribution, channel development, fulfillment, product customization, e-Business 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.
Certain information in this press release may contain forward-looking statements regarding future events or the future performance of Brightpoint. 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 and Exhibit 99.1, thereto. 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.