To: kennbill who wrote (50878 ) 2/3/1999 12:28:00 AM From: Bill on the Hill Read Replies (1) | Respond to of 119973
Perhaps you will have one that is a joint citizen. Research In Motion files to list on NASDAQ WATERLOO, Ontario, Jan. 7 /CNW-PRN/ - Research In Motion Limited (TSE:RIM - news) today announced it has filed an application to list its common shares on the NASDAQ National Market System under the symbol RIMLF. In making the announcement, RIM Chief Financial Officer Dennis Kavelman said a U.S. listing is highly appropriate given the company's growing presence in the United States. ''Approximately 90% of our revenue is derived in the U.S., which is the home country for most of our customers and many of our alliance partners,'' said Kavelman. ''This listing should enhance our liquidity by making it easier for Americans to invest in RIM. Moreover, NASDAQ is a logical market for us given the number of leading technology companies listed there. We believe this is an important step in our corporate evolution.'' Research in Motion is a world leader in designing, manufacturing and marketing wireless consumer and business-to-business electronic access technology for the mobile communications market. The company's current product portfolio includes revolutionary two-way pagers, wireless personal computer card adapters and embedded OEM wireless radios. Based in Waterloo, Ontario and listed on The Toronto Stock Exchange, Research in Motion is a knowledge-based company with proven, leading technologies. Its customers include a diverse range of major multinational companies including wireless network suppliers, original equipment manufacturers and value-added resellers. E-mail investor_relations(at)rim.net. Web site address www.rim.net Forward looking statements in this news release, including statements regarding the anticipated liquidity of RIM's common shares, are made pursuant to the ''safe harbour'' provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of RIM's products, increased levels of consumption, technological changes, dependence on intellectual property rights and other risks detailed from time to time in RIM's periodic reports filed with the United States Securities and Exchange Commission and other regulatory authorities.