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POCKET SECURES SERVICES, FINANCING

INDIANAPOLIS-Brightpoint Inc. has signed a letter of intent to provide subscriber product packaging assembly and inventory management and fulfillment services to Pocket Communications Inc. In addition, Brightpoint said it plans to invest up to $5 million in Pocket.

Pocket has personal communications services licenses covering a population of more than 35 million people in markets including Chicago, Detroit, Dallas/Fort Worth, St. Louis, New Orleans, Las Vegas and Honolulu. The company has chosen Global System for Mobile communications technology for its PCS networks.

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