Brightstar Europe to establish strong presence in The Netherlands and Belgium through agreement to acquire Mobile Communication Company

Agreement accelerates Brightstar Europe’s pan-European growth strategy – customers will benefit from a broader product portfolio and extensive resources

Naarden − 3 August. , 2010 − Brightstar Europe, a joint venture between Brightstar Corp. and Tech Data Corporation (NASDAQ GS: TECD) today announced an agreement to acquire 100% of the shares of Mobile Communication Company (MCC) in the Netherlands and Belgium. The acquisition is subject to approval of the EU regulatory authorities and is expected to be completed in the third quarter of 2010. The proposed transaction with MCC, currently part of Triade Group in The Netherlands, forms part of a separate intended acquisition by Tech Data Corporation of Triade Group, which includes several Triade subsidiaries in the Information Technology (IT) and Consumer Electronics distribution markets.

MCC is a major supplier in The Netherlands and Belgium of mobile telephony and personal navigation devices, as well as new business opportunities in smartphones, net- and notebooks, accessories and e-reading, to retail channels including telecommunications dealers and consumer electronics stores. MCC has an impressive portfolio of major vendors in both countries including; Gigaset, HTC, LG, Nokia, Samsung, Sony-Ericsson and TomTom.

Customers will benefit from the combined product and service portfolios of both companies, including access to leading portable PC brands through Tech Data and the introduction of RIM  BlackBerry® products and services from Brightstar Europe to the Dutch and Belgian markets. The acquisition provides a value proposition for vendors and customers in the Benelux that leverages the expertise, strengths, and established relationships of both organisations to deliver incremental benefits.

Rod Millar, President of Brightstar Europe said, “MCC has an excellent reputation in both the Dutch and Belgian markets with a skilled workforce, a strong vendor portfolio and a loyal customer base. We look forward to driving the business forward by taking advantage of the growth opportunities that exist in a converging market.”

After the acquisition, MCC will continue to operate as a separate entity, within the Brightstar Europe joint venture, from its offices in The Netherlands and Belgium. Huub Lamers, CEO of MCC will lead the Benelux management team, reporting to Rod Millar, with Ronald Albers remaining as country manager for Belgium. Lamers added, “With this step, MCC will play an important role in further establishing Brightstar Europe’s presence in the region whilst maintaining MCC’s longstanding, excellent market position in both countries. At the same time, our customers and vendors will enjoy the benefits of being an integral part of a larger business and our employees will benefit from enhanced career opportunities within an international organization.”

Brightstar Europe, through its joint venture partner Tech Data, has operations in the UK, Germany, France, Spain and the Benelux which benefit from a significant centralised back-office IT infrastructure and superior logistics resources, as well as from the strong capital structures of both Brightstar and Tech Data.

About Brightstar Europe
Brightstar Europe is a joint venture between Tech Data Corporation and Brightstar Corp.  The company is headquartered in the United Kingdom and has access to sales offices in 16 countries and nine logistics centres throughout the continent.  It distributes mobile phones and other wireless devices to a variety of customers including mobile operators, dealers, agents, retailers and e-tailers throughout Europe.

About Brightstar
Brightstar Corp. is a multi-billion dollar global leader in value-added distribution and services & solutions for the converging wireless and IT industries.  With sales and distribution facilities on six continents, Brightstar offers leading wireless and IT manufacturers the largest global reach, ensuring that the right product is in the right place, at the right time.  Brightstar’s industry-leading supply chain solutions are used by the world’s top network operators and retailers to improve financial results, increase EBITDA and turn their supply chains into a competitive advantage.  For more information on Brightstar, please visit http://www.brightstarcorp.com.

About Tech Data
Tech Data Corporation (NASDAQ GS: TECD) is one of the world’s largest distributors of technology products from leading IT hardware and software producers. Tech Data serves more than 125,000 IT solution providers in over 100 countries. Every day, these resellers depend on Tech Data to cost-effectively support the technology needs of end users, including small and medium businesses (SMB), large enterprises and government agencies. Ranked 109thon the  FORTUNE 500®, Tech Data generated $22.1 billion in net sales for its fiscal year ended January 31, 2010. To learn more, visit http://www.techdata.com.

About MCC
MCC (MCC Netherlands and MCC Belgium) is the leading one-stop-shop distributor for mobility in the Benelux. The MCC product portfolio includes mobile phones (GSM, smartphones and accessories), prepaid and postpaid subscriptions, navigation devices (PND), DECT telephony, digital cameras and recordable media. MCC represents multiple A-brands in these product categories and is the largest independent distributor in the Benelux. The company has offices in Naarden (Netherlands) and Antwerp (Belgium) where it employs approximately 100 people. For more information http://www.mccnederland.nl or http://www.mccbelgium.be.

The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

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MEDIA CONTACTS:

Tech Data Europe

Nigel Judd, Marketing Services Director
Tel: + 351 917 2044 92
Email: .(JavaScript must be enabled to view this email address)

Brightstar Corp.

Michele M. Merrell, Senior Director of Global Marketing and Communications
Tel: + 1 305 921-1484
Email: michele.merrell@brightstarcorp.com

MCC

Tanno Massar, Hill & Knowlton
Tel: + 31 20 404 4707
Email: .(JavaScript must be enabled to view this email address)