RIM Files Additional Financial Information Regarding Q2 and Q3 Fiscal 2007 Preliminary Operating Results
January 16, 2007 - Waterloo, ON - As previously indicated in its press releases dated December 21, 2006 and January 5, 2007, Research In Motion Limited (RIM) (Nasdaq: RIMM; TSX: RIM) is filing “Additional Financial Information” beyond that reported by RIM on September 28, 2006 (regarding preliminary operating results for the second quarter of fiscal 2007) and December 21, 2006 (regarding preliminary operating results for third quarter of fiscal 2007). The filing is intended to provide shareholders with as much information as possible prior to the Company’s MD&A and consolidated financial statement filings and while its management-initiated, voluntary review of historical option practices is ongoing. Such Additional Financial Information includes a narrative explanation of RIM’s operating performance during those quarters and certain additional information relating to balance sheet accounts. The Additional Financial Information is being filed with Canadian securities regulators on SEDAR and furnished to the United States Securities and Exchange Commission (SEC) on Form 6-K. The Additional Financial Information will be available on RIM’s website (www.rim.com/investors) as well as the SEDAR (www.sedar.com) and EDGAR (www.sec.gov) databases. The Company expects to file with the Canadian securities regulators and furnish to the SEC its consolidated financial statements and related MD&A for the second and third quarters of fiscal 2007 and its restated historical consolidated financial statements and related MD&A prior to its fiscal year end of March 3, 2007.
About Research In Motion (RIM)
Research In Motion is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, RIM provides platforms and solutions for seamless access to time-sensitive information including email, phone, SMS messaging, Internet and intranet-based applications. RIM technology also enables a broad array of third party developers and manufacturers to enhance their products and services with wireless connectivity to data. RIM’s portfolio of award-winning products, services and embedded technologies are used by thousands of organizations around the world and include the BlackBerry® wireless platform, the RIM Wireless Handheld™ product line, software development tools, radio-modems and software/hardware licensing agreements. Founded in 1984 and based in Waterloo, Ontario, RIM operates offices in North America, Europe and Asia Pacific. RIM is listed on the Nasdaq Stock Market (Nasdaq: RIMM) and the Toronto Stock Exchange (TSX: RIM). For more information, visit www.rim.com or www.blackberry.com.
This news release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities laws relating to RIM’s ongoing management-initiated, voluntary review of its historical option granting practices, including statements regarding the anticipated timing of filing financial statements. The terms and phrases “expects” and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by RIM in light of its experience, its current assessment of matters relating to its ongoing internal review, and its perception of historical trends, current conditions and expected future developments, as well as other factors that RIM believes are appropriate in the circumstances. Many factors could cause RIM’s actual results, or future events to differ materially from those expressed or implied by the forward-looking statements, including, without limitation: determinations made by RIM’s Audit Committee, outside advisors, auditors and others; unanticipated developments and delays encountered during the ongoing review; developments relating to RIM’s ongoing communications with the SEC and the Ontario Securities Commission; additional corrections that may be required based on factual findings and analysis in the ongoing review; and legal and accounting developments regarding stock option grants and interpretations of such guidance. Readers are cautioned to consider the forward-looking statements in light of these risks and others relating to RIM are discussed in greater detail in the “Risk Factors” section of RIM’s Annual Information Form, which is included in its Annual Report on Form 40-F (copies of which filings may be obtained at www.sedar.com or www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on RIM’s forward-looking statements. RIM has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited. RIM, Research In Motion and BlackBerry are registered with the U.S. Patent and Trademark Office and may be pending or registered in other countries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners.
- Contact Information
- Marisa Conway
- Americas Contact
- Brodeur Worldwide (for RIM)
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