Plainfield, Indiana, United States, Friday, February 24, 2006 — (Business
Wire India) — Brightpoint, Inc. (NASDAQ:CELL) has announced that its
subsidiary, Brightpoint Holdings B.V. (”Brightpoint”) has acquired all of
the outstanding shares of Persequor Limited (”Persequor”) effective as of
January 1, 2006.

Previously, Persequor has provided management services to Brightpoint Asia
Limited (”Brightpoint Asia”) and Persequor has provided management services
and has held a 15% partnership interest in rightpoint India Pvt. Limited
(”Brightpoint India”). In connection with the acquisition, the management
services agreements with Persequor have been terminated and Brightpoint
obtained ownership of Persequor’s 15% interest in Brightpoint India.

Immediately prior to the acquisition, Persequor was controlled by John
Alexander Du Plessis Currie (”Currie”), the former Managing Director of
Brightpoint’s operations in the Middle East.

Brightpoint Asia has entered into an employment agreement with Currie,
pursuant to which Currie will become the President - Emerging Markets. As a
material inducement to Currie’s employment with Brightpoint Asia,
Brightpoint, Inc. has awarded Currie 100,000 shares of unregistered
Brightpoint, Inc. common stock which vest subject to the terms and
conditions of a restricted stock agreement between Brightpoint, Inc. and
Currie. The award of the 100,000 shares of unregistered Brightpoint, Inc.
common stock to Currie was in accordance with NASDAQ Marketplace Rule
4350(i)(1)(A)(iv).

Brightpoint, Inc (NASDAQ:CELL) is a global leader in the distribution of
wireless devices and in providing customized logistic services to the
wireless industry. In 2005, Brightpoint handled 42 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.