Brightstar Announces Changes to Board of Directors

  Brightstar Announces Changes to Board of Directors

        Arturo Osorio, Catherine Smith and Kazuhiko Fujihara appointed

Business Wire

MIAMI -- August 11, 2014

Brightstar Corp. today announced that its Board of Directors has appointed
Brightstar President & Chief Operating Officer Arturo Osorio, Brightstar
General Counsel and Chief Administrative Officer Catherine Smith, and Director
of SoftBank Corp. Kazuhiko Fujihara to the Board of Directors, effective
immediately.

The appointments come following the announcement of Brightstar Founder Marcelo
Claure as the new President and Chief Executive Officer of Sprint on Aug. 6
and his subsequent retirement from the Brightstar board of directors.

In other related board changes, SoftBank Corp. Chairman & CEO Masayoshi Son
stepped down from the Brightstar Corp. board, succeeded by Ron Fisher, as
previously announced, as the new Chairman of the Brightstar Corp. board.
Rafael de Guzman, Senior Vice President, Global Strategic Advisor to the CEO,
a member of the board since 2008, also stepped down from the board.

Representative Director and Senior Executive Vice President of SoftBank Corp.,
Ken Miyauchi, remains on the Brightstar board.

"Fujihara-san, Arturo and Catherine have been in the wireless industry for
many years and have a deep understanding of the industry. We look forward to
the insights and guidance they will provide to the Brightstar board," Fisher
said.

Fujihara is a member of the board of directors and Executive Corporate Officer
of SoftBank Corp. with responsibility for the Corporate Planning and Global
Business Synergies Divisions.

Osorio started with Brightstar more than 10 years ago and was most recently
the President of Global Operations. Previously, he was the Regional President
of Asia Pacific. Osorio has been instrumental to Brightstar’s growth, and now
leads a strong mix of innovators, entrepreneurs and highly experienced
executives at Brightstar. Osorio has led operations, finance, sales and
business development teams, and he has filled vital roles throughout
Brightstar’s evolution into a global services company.

Smith brings more than 20 years of legal experience, mostly in the wireless
industry, and she is responsible for leading the global legal and human
resource organizations with nearly 10,000 employees in more than 50 countries
around the world. Smith has managed several major acquisitions since joining
Brightstar in 2011.

Fisher joined the Brightstar board in January 2014. Fisher is the President of
SoftBank Holdings, Inc., Vice Chairman of Sprint Corporation, and also a
member of the board of directors of SoftBank Corp.

About Brightstar

Brightstar is the world’s largest specialized wireless distributor and a
leading provider of diversified services focused on enhancing the performance
and results of the key participants in the wireless device value chain:
manufacturers, operators and retailers. For more information, please visit
Brightstar.com.

Contact:

Brightstar Corp.
Deb Miller, 305-921-1494
Deb.Miller@brightstar.com
@Brightstar
 
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