Research In Motion
NASDAQ : RIMM
TSX : RIM

Research In Motion

July 12, 2007 18:56 ET

RIM Proposes Amendment to Resolution at Annual Meeting

WATERLOO, ONTARIO--(Marketwire - July 12, 2007) - At its annual meeting of shareholders to be held on Tuesday, July 17, 2007 in Waterloo, Ontario, Research In Motion Limited (RIM) (NASDAQ:RIMM)(TSX:RIM) will submit for approval certain revisions and updates to the proposed Stock Option Plan amendments (the "Amendment Procedures") described in the Information Circular for the meeting. The revisions and updates include provisions to distinguish which future Stock Option Plan amendments will require security holder approval in addition to Board approval. The proposed Amendment Procedures were introduced to address an announcement of the Toronto Stock Exchange indicating that, effective June 30, 2007, stock option plans must specify whether security holder approval is required for particular types of amendments and that issuers will otherwise be unable to make any amendments without security holder approval, even where such amendments are of "housekeeping" nature.

In addition to a determination today by RIM's Board Of Directors to exclude non-employee directors from future stock option grants, it is proposed that an amending resolution to the Stock Option Plan be introduced at the annual meeting that requires any expansion of the scope of persons eligible to participate in the Stock Option Plan to receive the approval of security holders. Institutional Shareholder Services ("ISS") has reviewed the proposed revisions and updates and today advised its members to vote in favor of the amendments to the Stock Option Plan.

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.

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