RIM, RBC and Thomson Reuters to Anchor a $150 Million BlackBerry Partners Fund

May 13, 2008


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Research In Motion (RIM), RBC, and Thomson Reuters announced plans to launch the BlackBerry Partners Fund, a $150 million venture capital fund, to invest in mobile applications and services for the BlackBerry platform and other mobile platforms. The Fund is to be co-managed by JLA Ventures and RBC Venture Partners. Neutral to both stage and balance sheet, the BlackBerry Partners Fund will not restrict the development of mobile applications and services to any single mobile platform or any specific industry segment. The Fund will be designed to advance the industry by fostering development and driving the entrepreneurial spirit to create the most innovative mobile offerings for customers. The Fund will consider all stages of development and is to be co-managed by JLA Ventures and RBC Venture Partners.

(www.blackberrypartnersfund.com)