Research In Motion

Research In Motion

November 05, 2007 17:01 ET

RIM Announces Court Approval of Definitive Settlement to End Shareholder Litigation

WATERLOO, ONTARIO--(Marketwire - Nov. 5, 2007) - Research In Motion ("RIM") (NASDAQ:RIMM)(TSX:RIM) and the Trustees of Ironworkers Ontario Pension Fund ("Ironworkers") today announced that the Ontario Superior Court of Justice has approved the previously-announced definitive settlement agreement to resolve the application commenced by the Ironworkers with respect to RIM's historical option granting practices.

The Ontario Superior Court of Justice has declared that the settlement is fair and reasonable and in the interests of RIM's shareholders, and approved the settlement.

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 or

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.

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