INDIANAPOLIS, Nov. 12, 2009 (GLOBE NEWSWIRE) -- Brightpoint, Inc. CELL announced today that it has been named a finalist in the annual Corporate Secretary Magazine Awards in the category of "Best Overall Governance, Compliance and Ethics Program." Brightpoint was a finalist along with AGCO, Fluor, The Hartford Financial Services Group and Xerox.
The award-winners were decided by an eight-person judging panel including Michael Oxley, former US congressman and chairman of the House Financial Services Committee; Norman Veasey, former Chief Justice of Delaware; Roel Campos, former SEC commissioner; Dennis Johnson, former director of corporate governance, CalPERS; and Charles Elson of the John Weinberg Center for Corporate Governance, University of Delaware.
"Brightpoint is pleased to be included as a finalist in the annual Corporate Secretary Magazine Awards," said Robert J. Laikin, Chief Executive Officer and Chairman of the Board of Brightpoint, Inc. "We realize the value of a successful corporate governance program and are glad to be recognized for our efforts."
"Brightpoint's compliance and ethics programs are given high profile and are emphasized at all levels within our organization," stated Steven E. Fivel, Executive Vice President, General Counsel and Secretary of Brightpoint, Inc. "The entire Brightpoint team should be proud of the recognition we have received from Corporate Secretary and this is a testament to the hard work of a dedicated group of individuals."
About Cross Border Ltd and Corporate Secretary
Cross Border Ltd is the publisher of Corporate Secretary, the governance, risk and compliance monthly. Corporate Secretary has a readership of more than 23,000 and hosts an established annual program of high-level Think Tanks in the US. Visit www.thecrossbordergroup.com for more details.
About Brightpoint, Inc.
Brightpoint, Inc. CELL is a global leader in the distribution of wireless devices and in providing customized logistic services to the wireless industry. In 2008, Brightpoint handled approximately 84 million wireless devices globally. 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. The company has approximately 2,700 employees in more than 25 countries. In 2008 Brightpoint generated revenue of $4.6 billion. Brightpoint provides distribution and customized services to more than 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).
Certain information in this press release may contain forward-looking statements regarding future events or the future performance of Brightpoint, including, but not limited to, statements regarding potential spending reductions resulting from the elimination and proposed elimination of positions and the streamlining of operations and its ability to achieve cost savings and debt reduction as part of its 2009 Spending and Debt Reduction Plan. 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.
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