Telefonica and RIM Launch the BlackBerry Bold Smartphone in Spain

Madrid, Spain and Waterloo, ON, Canada - Telefonica and Research In Motion (RIM) (Nasdaq: RIMM; TSX: RIM) have announced today the launch of the BlackBerry® Bold™ smartphone in Spain.

The new top of the line BlackBerry® smartphone is crafted from premium materials and comes in a luxurious black exterior with satin chrome finished frame and leatherette back plate. It includes integrated GPS that supports a wide range of location-based applications and services, including BlackBerry® Maps, as well as enterprise-grade Wi-Fi®. It is the first BlackBerry smartphone to support tri-band HSDPA high-speed networks around the world and is an ideal choice for business professionals and power users.

Industry Leading Mobile Email and Messaging
The BlackBerry Bold smartphone features advanced communications and multimedia capabilities, and like all BlackBerry smartphones, it gives users the industry’s leading mobile email and messaging solution together with access to a wide range of other mobile business and consumer lifestyle applications. Its new precision keyboard allows users to type messages quickly and easily or edit Microsoft® Word, Excel and PowerPoint files directly on the smartphone using the pre-installed DataViz® Documents to Go® software suite. The BlackBerry Bold smartphone works with BlackBerry® Enterprise Server, which enables advanced security and IT administration within IBM® Lotus® Domino®, Microsoft® Exchange and Novell® GroupWise® environments. It also works on BlackBerry® Internet Service, which gives users access to up to 10 supported work or personal email accounts (including most popular ISP email accounts such as Yahoo!® Hotmail® MSN, Gmail®, etc), as well as BlackBerry® Unite! for SOHO and home users.

Superior Performance
The BlackBerry Bold smartphone’s support for tri-band HSDPA networks and Wi-Fi (802.11 a/b/g) as well as its next generation 624 MHz mobile processor and 128 MB flash memory, make quick work of downloading attachments, streaming videos and rendering web pages. Users can even talk on the phone while working on email, browsing the web or accessing other data applications.

Stunning Display
The BlackBerry Bold smartphone comes with the sharpest display ever introduced on a BlackBerry smartphone. Its HVGA (480x320 resolution at 217 ppi) colour LCD is fused to the underside of the lens, making images leap out with stunning definition and clarity. Pictures are vibrant, while videos play smoothly and web pages, documents, presentations and messages snap with exceptional quality and contrast.

Rich Multimedia & Web Browsing
The BlackBerry Bold smartphone includes advanced multimedia functions, including a 2 megapixel camera that incorporates a flash, digital zoom and video recording capability. The media player can display photographs and slides quickly, play videos smoothly and manage an entire music collection. With 1 GB on-board storage memory as well as a microSD/SDHC memory card slot for up to 16GB* additional storage, there is plenty of capacity to take photos, videos and music on the go. With its newly enhanced, high performance browser and support for the Telefonica HSDPA network, the BlackBerry Bold gives users a fast mobile web browsing experience with desktop-style depiction, and its trackball mimics a mouse, making it easy to navigate sites in “Page View” or “Column View” and to zoom in on specific parts of a web page. Attachments can also now be downloaded from within the browser and there is support for watching streaming videos (RTSP – real-time streaming protocol).

First Class Phone
The BlackBerry Bold smartphone comes with numerous premium phone features such as dedicated ’send’, ’end’, and ’mute’ keys, smart dialing, speed dialing, conference calling and call forwarding as well as a powerful speaker phone and support for polyphonic, mp3 and MIDI ring tones. It also features Speaker Independent Voice Recognition (SIVR) for Voice Activated Dialing (VAD), Bluetooth® 2.0, with support for hands-free headsets, stereo headsets, car kits (including car kits that adhere to the Bluetooth Remote SIM Access Profile) and other Bluetooth peripherals. The BlackBerry Bold smartphone’s new acoustic design increases the size of the phone’s audio sweet spot; and its noise cancellation technology offsets background noise, improving listening quality and clarity.

For further information, visit: www.blackberrybold.es

About Telefónica

Telefónica is one of the largest telecommunications companies in the world in terms of market capitalisation. Its activities are centred mainly on fixed and mobile telephony businesses with broadband as the key tool for the development of both. The company has a significant presence in 25 countries and a customer base that amounts more than 245 million accesses around the world. Telefonica has a strong presence in Spain, Europe and Latin America, where the company focuses an important part of its growth strategy. Telefónica is a fully private company. It has more than 1.5 million direct shareholders. Its share capital is currently divided into 4,704,996,485 ordinary shares, trading on Spanish continuos markets (Madrid, Barcelona, Bilbao and Valencia stock markets) and the London, Tokyo, New York, Lima, Buenos Aires and Sao Paulo stock exchanges.

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.

* MicroSD/SDHC memory cards are available today in configurations of up to 8GB and the BlackBerry Bold will support upcoming 16GB microSD/SDHC cards.

Forward-looking statements in this news release are made pursuant to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used herein, words such as “intend” and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on assumptions made by and information available to Research In Motion Limited. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, without limitation, possible product defects and product liability, risks related to international sales and potential foreign currency exchange fluctuations, the initiation or outcome of litigation, acts or potential acts of terrorism, international conflicts, significant fluctuations of quarterly operating results, changes in Canadian and foreign laws and regulations, continued acceptance of RIM’s products, increased levels of competition, technological changes and the successful development of new products, dependence on third-party networks to provide services, dependence on intellectual property rights, and other risks and factors detailed from time to time in RIM’s periodic reports filed with the United States Securities and Exchange Commission, and other regulatory authorities. RIM has no intention or 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. Wi-Fi is a registered trademark of the Wi-Fi Alliance. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. RIM assumes no obligations or liability and makes no representation, warranty, endorsement or guarantee in relation to any aspect of any third party products or services.