Research In Motion Limited (RIM) today reported second quarter results for the three months ended August 28, 2004. Revenue for the second quarter of fiscal 2005 was $310.2 million, up 15% from $269.6 million in the previous quarter and up 147% from $125.7 million in the same quarter of last year. The revenue breakdown for the quarter was approximately 71% for handhelds, 18% for service, 8% for software licences and 3% for other revenue. The total number of BlackBerry subscribers increased by approximately 317,000 from the prior quarter to 1,657,000 subscribers.

"RIM is reporting another strong quarter and we are pleased with our momentum as BlackBerry quickly approaches the two million subscriber mark," said Jim Balsillie, Chairman and Co-CEO at RIM. "The current quarter is off to a good start with RIM and its partners executing well and continuing to expand the market opportunity within existing geographies. We are also making steady progress in terms of geographic expansion and look forward to entering new markets, including China, in the coming months."

Net income for the quarter was at the high end of guidance at $70.6 million, or $0.36 per share diluted, compared to net income of $55.0 million or $0.28 per share diluted in the prior quarter. Excluding the patent litigation provision of $18.3 million or $0.09 per share diluted, the Company's adjusted net income and adjusted earnings per share was $88.9 million or $0.45 per share. The adjusted net income and adjusted diluted earnings per share do not have any standardized meaning prescribed by GAAP and thus are not comparable to similar measures presented by other issuers. These adjusted measures should be considered in the context of RIM's GAAP results.

Highlights of the second quarter:

Highlights subsequent to quarter end:

• China Mobile, the largest carrier in China, and RIM signed an initial Letter of Agreement focused on bringing BlackBerry to China Mobile's GSM/GPRS customers.
• RIM introduced the new BlackBerry 7100 Series, which features the power of BlackBerry in a new sleek design with many enhanced phone features, quad-band and Bluetooth support, speakerphone, large color screen and SureType keyboard technology.
• RIM introduced SureType, a breakthrough keyboard technology for smaller handsets.
• RIM introduced the new BlackBerry 7290, which features quad-band and Bluetooth support, a brighter screen and enhanced memory.
• T-Mobile introduced the BlackBerry 7100t in the U.S.
• The BlackBerry 7100t won PC Magazine's "Editor's Choice" award in September.
• Earthlink Wireless launched the BlackBerry 7750.
• Cingular launched the BlackBerry 7290 in the U.S.
• Vodafone introduced the BlackBerry 7100v in Europe and Australasia.
• O2 launched the BlackBerry 7290 in Europe.
• KPN launched BlackBerry in the Netherlands.
• Polska Telefonica Cyfrowa announced plans to introduce BlackBerry in Poland.
• Maxis Communications announced plans to bring BlackBerry to Malaysia.
• Vodafone launched BlackBerry Internet Service in Australia.
• Globe Telecom introduced BlackBerry Internet Service in the Philippines.
• O2 announced that the XDA II is expected to feature BlackBerry Connect starting in January 2005.
• Nokia announced plans to offer BlackBerry Connect support on Symbian OS-based Series 80 mobile devices.
• RIM announced plans to offer an aftermarket BlackBerry Connect software download for the Palm OS.
• RIM and PalmSource announced plans to make the email API that will be released with the first version of the PalmSource Mail client for BlackBerry Connect available to Palm OS developers.

• RIM announced plans to introduce BlackBerry Enterprise Server for Novell GroupWise.
• Sprint announced plans to offer BlackBerry in the US.
• Rogers Wireless launched the BlackBerry 7780™ in Canada.
• Cable & Wireless announced plans to offer BlackBerry in Jamaica.
• T-Mobile launched BlackBerry in Hungary.
• Orange launched BlackBerry for corporate customers in France.
• Mobistar, part of the Orange group, announced plans to introduce BlackBerry in Belgium.
• Vodafone announced plans to introduce BlackBerry in New Zealand.
• Globe Telecom announced plans to introduce BlackBerry in the Philippines.
• SMART introduced the BlackBerry 7230 and BlackBerry 7730 in the Philippines.
• Hutchison introduced Chinese support for BlackBerry Internet Service in Hong Kong.
• CSL introduced Chinese support for BlackBerry Internet Service in Hong Kong.
• Optus introduced BlackBerry in Australia.
• The Siemens SK65 mobile phone featuring BlackBerry Built-In technology was introduced.
• RIM and Motorola announced plans for BlackBerry Connect support on Motorola MPx and MPx220 mobile devices.
• BlackBerry ISV Alliance partners continued to build upon the BlackBerry platform with a range of new products and services that help customers extend their wireless data strategies beyond wireless email.
• RIM was added to the S&P/TSX 60 and S&P Global 1200 indexes.