INDIANAPOLIS, Sept. 11, 2012 (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 Solavei, LLC. ("Solavei"), a new social commerce company offering an affordable, contract-free mobile service that pays back consumers with recurring income for adding new members.
Under the terms of the agreement, BrightPoint Americas will provide a variety of critical logistic services including inventory management, kitting, packaging, order fulfillment, transportation management and reverse logistics.
The Solavei Mobile Service operates as a comprehensive mobile virtual network operator (MVNO) using a nationwide 4G network to deliver mobile service to consumers at $49 per month for unlimited voice, text and data. Through Solavei's social media platform and mobile application, members can introduce their mobile service experience to friends and family and earn recurring monthly income. Consumers have the flexibility to use their own unlocked GSM mobile phone or they can purchase a phone through Solavei.
"BrightPoint is a proven leader in logistics who can support our aggressive growth strategies as we enter the wireless market," said John Rittenhouse, chief operating officer for Solavei. "We are excited to offer consumers a low-cost mobile service option while providing them with an opportunity to earn income on a service they are already consuming each and every day."
"Solavei will explore the connection between mobile service, social commerce and social networking technology," stated J. Mark Howell, BrightPoint's President Americas. "The Solavei Mobile Service, coupled with T-Mobile's 4G network, will provide consumers with a cutting-edge, affordable mobile option and we are pleased to be their strategic partner."
Solavei is a social networking and commerce platform that enables users to connect, share and capitalize on the power of social networks. Solavei's mission is to make commerce less expensive by empowering individuals to earn income on the products and services they enjoy and use every day. Solavei's initial product offering is affordable, no contract, unlimited voice, text and data services throughout the United States. It operates as a MVNO through a strategic partnership with T-Mobile USA. Solavei is led by former Fortune 100 telecom and retail executives and advisors. For more information, visit Solavei.com. For the brand's latest news and updates, find Solavei on social media at Facebook.com/Solavei and Twitter.com/Solavei.
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).
CONTACT: Brightpoint, Inc. Tom Ward Investor Relations 317-707-2745 Brightpoint, Inc. Bill Casey Global Marketing 317-707-2057