Research In Motion

Research In Motion

October 11, 2005 18:00 ET

Research In Motion Announces A Common Share Repurchase Program

WATERLOO, ONTARIO--(CCNMatthews - Oct. 11, 2005) - Research In Motion Limited (RIM) (NASDAQ:RIMM)(TSX:RIM) today announced that RIM's Board of Directors approved the repurchase by RIM, from time to time, on the NASDAQ National Market, of up to an aggregate of 9,500,000 common shares over the next 12 months. This represents approximately 5% of RIM shares outstanding.

RIM currently has 191,113,317 issued and outstanding common shares. Purchases may commence on October 17, 2005.

The Board of Directors of RIM believes that the proposed purchases are in the best interests of the Company and its shareholders and are a desirable use of corporate funds. All common shares purchased by RIM will be cancelled.

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

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