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Early Watch: Brightpoint Announces Completion of Senior Secured Revolving Credit Facility


February 20, 2007 2:04pm ET

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 2006, Brightpoint handled 53.5 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. 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).

During early morning trading shares are up 8% to $11.14 with over 371,000 in volume. This momentum comes as Brightpoint, Inc. (NASDAQ:CELL), announced the successful completion of a new global $165 million five-year senior secured revolving credit facility led by Banc of America Securities LLC, as lead arranger for a group of 9 major U.S. and international lending institutions. The revolving credit facility allows for expansion of up to $240 million. This new credit facility replaces Brightpoint's existing $70 million North American asset based credit facility and $50 million Australian Dollar (approximately $39 million U.S. Dollars) asset based credit facility in Australia.

**************** has emerged as one of the most exciting online financial newsletter! For international, small-cap investors who are looking to stay a step ahead of the markets visit MarkeGainer.com.

"This new revolving credit facility will allow Brightpoint flexible access to capital throughout its entire global footprint," said Anthony W. Boor, Executive Vice President, Chief Financial Officer and Treasurer, Brightpoint, Inc.

This article is available for viewing in the Featured Articles Section on our website. To view this article and comparables join us at www.**************** for a complimentary subscription to the newest and most exciting online financial newsletter on the market. No Credit Card information needed.

The Financial Information and Financial Content provided by **************** is for informational purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or endorsement, recommendations, or sponsorship of any company or security by ****************. You acknowledge and agree that any request for information is unsolicited and shall neither constitute nor be construed as investment advice by **************** to you. It is strongly recommended that you seek outside advice from a qualified securities professional prior to making any securities investment. **************** does not provide or guarantee any legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or informational source.

All material herein was prepared by based upon information believed to be reliable. The information contained herein is not guaranteed by Market Gainer to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Market Gainer is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.

Brightpoint concludes USD165m senior secured revolving credit facility


February 20, 2007 4:16pm ET

Brightpoint Inc (NASDAQ:CELL), a global player in the distribution of wireless devices, on 19 February reported the successful completion of a new global USD165m five-year senior secured revolving credit facility. Banc of America Securities LLC acted as lead arranger for a group of 9 major US and international lending institutions. The revolving credit facility permits for expansion of up to USD240m. This new credit facility replaces Brightpoint's existing USD70m North American asset based credit facility and AUD50m (approximately USD39m) asset based credit facility in Australia. Comments on this story may be sent to admin*m2.com


Early Watch: Brightpoint and Dangaard Telecom to Merge


February 20, 2007 2:04pm ET

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 2006, Brightpoint handled 53.5 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. 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).

During early morning trading shares are up 8% to $11.14 with over 371,000 in volume. This momentum comes as Brightpoint, Inc. (NASDAQ:CELL) announced that it has entered into a definitive Stock Purchase Agreement ("Definitive Agreement") for Brightpoint, Inc. to acquire all of the outstanding shares of Dangaard Telecom A/S.

**************** has emerged as one of the most exciting online financial newsletter! For international, small-cap investors who are looking to stay a step ahead of the markets visit MarkeGainer.com.

"This transaction will join together two of the most prominent players in the wireless handset distribution and logistics industry to create the true global leader," stated Robert J. Laikin, Chief Executive Officer and Chairman of the Board of Brightpoint, Inc. "I firmly believe our two companies complement each other perfectly in terms of geography, service offerings and shared commitment to operational excellence. Our vendors, customers, employees and shareholders will all benefit from the global platform created by this transaction."

"Our combined resources will allow us to leverage the capabilities and best practices from both companies in order to offer advanced wireless services to our customers and business partners in the many attractive markets around the world in which we operate," stated Michael Koehn Milland, Chief Operating Officer of Dangaard Telecom.

"We believe that the combined group will have the best in class platform to deliver the most innovative, efficient and effective solutions to global wireless handset manufacturers, network operators and retailers. The proposed transaction is extremely compelling and we believe that the combined company will enjoy substantial synergies and unique growth prospects," stated Christian Dyvig, Partner, Nordic Capital.

The executive management team of the combined company post-closing will be as follows: Brightpoint, Inc.

Robert J. Laikin, Chairman of the Board and Chief Executive Officer J. Mark Howell, Co-Chief Operating Officer and President, Americas Michael Koehn Milland,Co-Chief Operating Officer and President of International Anthony W. Boor, Executive Vice President and Chief Financial Officer Steven E. Fivel, Executive Vice President, General Counsel and Secretary

Regional

Americas: J. Mark Howell, Co-Chief Operating Officer and President, Americas John J. Ludwig, Chief Financial Officer, Americas Europe: Steen F. Pedersen, President Europe Hans Peter Alnor, Chief Financial Officer, Europe Asia Pacific: Bruce Thomlinson, President, Asia Pacific Paul Ringrose, Chief Financial Officer, Asia Pacific Emerging Markets: Jac Currie, President, Emerging Markets

Overview of the Proposed Transaction

The Boards of Directors of Brightpoint, Inc. and Dangaard Holding, A/S have unanimously approved the proposed transaction. The proposed transaction is subject to customary closing conditions including, without limitation, certain regulatory approvals and the approval by Brightpoint's shareholders. Under the terms of the proposed transaction, Brightpoint, Inc. will issue 30 million newly issued shares of its common stock and $100,000 to Dangaard Holding A/S ("the Shareholder"), an affiliate of Nordic Capital Fund VI, in exchange for all of the outstanding shares of Dangaard Telecom A/S. The Shareholder will have the right to nominate up to 3 members to serve on the Brightpoint, Inc. Board of Directors (subject to approval by the Board's Corporate Governance and Nominating Committee). The number of directors the Shareholder can nominate will decline if their ownership percentage in Brightpoint, Inc. falls below certain agreed upon thresholds. The Brightpoint, Inc. Board of Directors will continue to have 9 total Board Members.

Deutsche Bank Securities acted as sole financial advisor and Blank Rome LLP acted as legal counsel to Brightpoint.

Latham & Watkins LLP acted as legal counsel to Dangaard.

Teleconference Details

Brightpoint and Dangaard Management will host a teleconference at 8:00 AM EST / 2:00PM CET on Tuesday, February 20, 2007. The conference call details are as follows:

The live webcast of the conference call, including both audio and slides, can be accessed through the Investors section of the Company's website at www.brightpoint.com. For those who prefer to join the conference call telephonically, use the following information and dial in several minutes prior to the start of the call:

U.S. toll-free dial-in number: (877) 704-5382

International dial-in number: +1 913 312-1296

About Dangaard Telecom

Dangaard Telecom, a privately held portfolio company of Nordic Capital Fund VI, is Europe's largest distributor of mobile phones, smartphones and original accessories for mobile phones. The company is the preferred Value Adding Distributor for a number of the world's largest manufacturers of mobile phones, Mobile Network Operators, Service Providers, retail chains and enterprise customers. The strong position, gained through many years of experience, is achieved by being flexible, proactive and innovative in the relationship with its cooperation partners. Today, Dangaard Telecom is represented by subsidiaries in 14 countries. The company has approximately 1,000 employees and the turnover in the financial year 2005/2006 was EUR 1.7 billion (approximately $2.1 billion) and net income was EUR 20.2 million (approximately $24.8 million). Additional information about Dangaard Telecom can be found on its website at www.dangaard.com

This article is available for viewing in the Featured Articles Section on our website. To view this article and comparables join us at www.**************** for a complimentary subscription to the newest and most exciting online financial newsletter on the market. No Credit Card information needed.

The Financial Information and Financial Content provided by **************** is for informational purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or endorsement, recommendations, or sponsorship of any company or security by ****************. You acknowledge and agree that any request for information is unsolicited and shall neither constitute nor be construed as investment advice by **************** to you. It is strongly recommended that you seek outside advice from a qualified securities professional prior to making any securities investment. **************** does not provide or guarantee any legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or informational source.

All material herein was prepared by based upon information believed to be reliable. The information contained herein is not guaranteed by Market Gainer to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Market Gainer is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies' annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission.

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.

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