Bitstream Hires New Vice President of Sales for ThunderHawk.Business Editors/High-Tech Writers CAMBRIDGE, Mass.--(BUSINESS WIRE)--Sept. 8, 2003 Bitstream Inc. (Nasdaq:BITS) announced today that it has hired Michael Mattozzi as the new vice president of Sales for Bitstream ThunderHawk, its pioneering wireless Web browsing technology. Mr. Mattozzi has over 20 years of experience in sales leadership. Prior to joining Bitstream, Mike worked for Cullinet Software, Image Business Systems, FileNet, and Open Text Corp. Mr. Mattozzi was the top sales rep at several companies, including Image Business Systems and Open Text. He is a graduate of the University of Massachusetts The system includes UMass Amherst, UMass Boston, UMass Dartmouth (affiliated with Cape Cod Community College), UMass Lowell, and the UMass Medical School. It also has an online school called UMassOnline. at Amherst. "With over 20 years of sales experience in the high-tech industry, Mike brings a great store of knowledge to the ThunderHawk team," said Anna Chagnon, president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Bitstream. "He has built sales teams from the ground up and generated revenue for start-up ventures. Mike has a wealth of experience building new product lines, including taking them from zero revenue to multi-million dollar growth in 1-3 years. We welcome Mike to Bitstream, where he will focus on increasing ThunderHawk revenue and improving ThunderHawk's placement in corporations worldwide." About ThunderHawk ThunderHawk brings the desktop Web browsing experience to mobile device users. It allows a Pocket PC, which typically has a 320x240 color LCD screen, to display a legible leg·i·ble adj. 1. Possible to read or decipher: legible handwriting. 2. Plainly discernible; apparent: legible weaknesses in character and disposition. SVGA (Super VGA) A screen resolution of 800x600 pixels. Third-party vendors extended IBM's VGA display standard and were the first to use the term. SVGA has also referred to 1,024x768 resolutions. See PC display modes. (800x600) or VGA (Video Graphics Array) The display standard for the PC. All PC display adapters support VGA, and Windows machines boot up in "VGA mode" before switching to higher resolutions. (640x480) screen of a Web page. You can view ThunderHawk screen shots at http://www.bitstream.com/wireless. ThunderHawk is also available as a client-server solution for wireless Web browsing across enterprise networks. ThunderHawk Enterprise Edition gives a company's mobile workforce complete access to Internet and corporate Intranet Web pages. Bitstream is working with key strategic partners in the computer and telecommunications industries and welcomes inquiries from other organizations who wish to license ThunderHawk. Bitstream relied on its twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. of font experience to create this first wireless Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. . ThunderHawk renders text using the Wireless Font Set, made up of high-quality fonts that render well at small point sizes on any display. The fonts are designed specifically for wireless devices and produce high-quality output for color LCD, anti-aliased, and black-and-white displays, fitting as much text as possible onto their small screens, as well as providing maximum legibility leg·i·ble adj. 1. Possible to read or decipher: legible handwriting. 2. Plainly discernible; apparent: legible weaknesses in character and disposition. in such displays. If your company is interested in ThunderHawk, e-mail the company at thunderhawk@bitstream.com, contact Bitstream at 800-522-3668 or 617-497-6222, or visit the company on the Web at www.bitstream.com. About Bitstream Bitstream Inc. (Nasdaq:BITS) is the leading developer of font technology, digital fonts, and custom font designs. Bitstream licenses its award-winning TrueDoc(R) and Font Fusion Bitstream Font Fusion is a small, fast, object-oriented font engine written in ANSI C capable of rendering high-quality text on any platform, any device, and at any resolution. The entire source code is portable, optimized, and executes independent of operating system and processor. (R) technologies to Web and application developers, and to manufacturers of information appliances, wireless and handheld devices, set-top boxes, embedded systems Embedded systems Computer systems that cannot be programmed by the user because they are preprogrammed for a specific task and are buried within the equipment they serve. , and printers. Setting the standard for excellence in font technology, Bitstream holds numerous key patents that cover the creation of portable fonts for the Internet. Building on this experience, Bitstream has released ThunderHawk, a breakthrough technology for the wireless Web. Founded in 1981, Bitstream is the first independent digital font foundry. In 1999, Bitstream created MyFonts.com(TM) Inc. (www.myfonts.com), the Web site for finding, trying, and buying fonts online. Also in 1999, Bitstream established Pageflex Inc. (www.pageflexinc.com), the pioneer of a new direction in composition software: Web-top publishing. Bitstream has headquarters in Cambridge. This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such statements are based on management's current expectations. Actual performance and results of operations may differ materially from those projected or suggested in the forward-looking statements due to certain risks and uncertainties, including, without limitation, market acceptance of the company's products, competition and the timely introduction of new products. Additional information concerning certain risks and uncertainties that would cause actual results to differ materially from those projected or suggested in the forward-looking statements is contained in the company's filings with the Securities and Exchange Commission, including Bitstream's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended Dec. 31, 2002. Note to Editors: Bitstream, Font Fusion, and TrueDoc are registered trademarks, and the Bitstream logo and ThunderHawk are trademarks of Bitstream Inc. MyFonts.com is a trademark of MyFonts.com Inc., a Bitstream company. Pageflex is a registered trademark of Pageflex Inc., a Bitstream company. Other technologies and brand names are used for information only and remain trademarks or registered trademarks of their respective companies. |
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