Research In Motion

Research In Motion
NTP, Inc.

March 16, 2005 06:00 ET

Research In Motion And NTP Agree To Resolve Litigation





MARCH 16, 2005 - 06:00 ET

Research In Motion And NTP Agree To Resolve Litigation

WATERLOO, ONTARIO--(CCNMatthews - March 16, 2005) - Research In Motion
Limited (RIM) (NASDAQ:RIMM)(TSX:RIM) and NTP, Inc. (NTP) today announced
that they have signed a binding term sheet that resolves all current
litigation between them. As part of the resolution, NTP will grant RIM
and its customers an unfettered right to continue its BlackBerry-related
wireless business without further interference from NTP or its patents.
NTP and RIM will be finalizing the terms of this resolution in a
definitive licensing and settlement agreement in upcoming weeks.

This resolution relates to all NTP patents involved in the current
litigation as well as all current and future NTP patents. The resolution
covers all of RIM's past and future products, services and technologies
and also covers all customers and providers of RIM products and
services, including wireless carriers, distributors, suppliers and ISV
partners. Under the terms of the resolution, RIM will have the right to
grant sublicenses under the NTP patents to anyone for products or
services that interface, interact or combine with RIM's products,
services or infrastructure. The resolution permits RIM and its partners
to sell its products, services and infrastructure completely free and
clear of any claim by NTP, including any claims that NTP may have
against wireless carriers, ISV partners or against third party products
that use RIM's BlackBerry Connect / BlackBerry Built-In technology.

RIM will pay to NTP US$450 million in final and full settlement of all
claims to date against RIM, as well as for a perpetual, fully-paid up
license going forward. The amount relates primarily to settlement of
past damages, and includes the judgment and money escrowed to date
totalling US$137 million (the US$152 million previously accrued included
approximately US$15 million in other litigation related fees). It is
expected that a substantial portion of the US$313 million, which is the
balance of the settlement amount, will be expensed in the fourth
quarter, ended February 26, 2005.

Further comment and details will not be disclosed at this time.
Additional details will be provided on RIM's Q4 results conference call
scheduled for April 5, 2005, pending the completion of the definitive
licensing and settlement agreement.

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. 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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