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BRIGHTPOINT SELLS STOCK SHARES

INDIANAPOLIS-Brightpoint Inc. filed a registration statement for a public offering of 1.8 million shares of common stock to be sold by the company and 2 million shares and 200,000 shares of stock to be sold on behalf of Robert Picow and Joseph Forer, respectively.

Picow and Forer are the former stockholders of Allied Communications Inc. and affiliated companies, which Brightpoint acquired a year ago in a pooling-of-interests.

Of the 4 million shares offered, 3.2 million will be offered initially in the United States and Canada and 800,000 shares will be offered internationally.

The stock offerings will be managed by Merrill Lynch & Co., Cowen & Co., UBS Securities and Sands Brothers & Co. Ltd., and the firms’ international counterparts.

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