BLU Products Announces Exclusive Distributorship Agreement with Brightpoint for the U.S. Market
MIAMI, Nov. 4, 2011 /PRNewswire/ -- BLU Products ("BLU"), a Miami-based mobile device start-up, announced today that it has entered a Distributorship Agreement with Brightpoint, Inc.'s subsidiary, Brightpoint North America L.P. ("Brightpoint"). Brightpoint will serve as the exclusive distributor of BLU's line of mobile devices in the U.S. operator and retail channels.
BLU has a product line of over 20 mobile phones, ranging from feature-rich media phones to Android smartphones. All handsets are FCC approved and HAC approved (hearing aid compatible) devices. BLU mobile devices are already present in almost 40 countries, mainly throughout Latin America. Last month the company completed its second year of operation with a recorded 700% increase in sales as compared to 2010. The brand's continued growth and popularity can be attributed to the dedication and passion of its founder, who personally designs the stylish innovative devices that appeal to customers worldwide.
"We are very excited about this agreement, as it marks a pivotal moment of recognition for the BLU brand as we continue to establish ourselves as a global leader and innovator in low-to-mid range devices. The alliance with Brightpoint means BLU now has a platform upon which to compete alongside the leading traditional manufacturers in the U.S.," said Samuel Ohev-Zion, Founder and CEO of BLU Products. "We have aggressive plans in place to ensure BLU establishes a strong market position and presence in the U.S. as it has done in other regions."
About BLU Products
BLU Products, founded in 2009, designs affordable attractive, innovative mobile devices to suit a wide variety of consumer needs. Over two million BLU mobile devices have been sold in almost 40 countries throughout Latin America, the Caribbean, and the U.S. Headquartered in Miami, Florida, BLU is one of the fastest-growing companies in the region. For more information, visit: www.bluproducts.com.
About Brightpoint LLC
Brightpoint, Inc. (Nasdaq: CELL) is a global leader in providing end-to-end supply chain solutions to leading stakeholders in the wireless industry. In 2010, Brightpoint handled approximately 99 million wireless devices globally and generated revenue of $3.6 billion. For more information visit: www.brightpoint.com.
SOURCE BLU Products