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BRIGHTPOINT SALES INCREASE IN QUARTER

INDIANAPOLIS, Indiana-Brightpoint Inc. reported it had increased sales and net income for the first quarter ended March 31.

Net sales for the first quarter were $199.2 million, 76 percent more than sales of $113 million for the first quarter 1996.

Net income for the quarter was $5.4 million, or 23 cents per share, compared with net income of $2.5 million, or 12 cents per share, for the same period last year.

Brightpoint said 43 percent of its sales came from the company’s Asia-Pacific division, 35 percent from the North America division, 19 percent from the Europe, Middle East and Africa division and 3 percent from the Latin America division.

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