| Bitstream Hires New Vice-President
of Sales for ThunderHawk CAMBRIDGE, MA — September 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 Corporation. 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 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 of Bitstream Inc. "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 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 of font experience to create this first wireless Web browser. 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 in such displays. If your company is interested in ThunderHawk, E-mail us at thunderhawk@bitstream.com, contact Bitstream at 800.522.3668 or 617.497.6222, or visit us on the Web at www.bitstream.com . Bitstream Inc. Founded in 1981, Bitstream is the first independent digital font foundry. In 1999, Bitstream created MyFonts.com, Inc. (www.myfonts.com), the Web site for finding, trying, and buying fonts on line. Also in 1999, Bitstream established Pageflex (www.pageflexinc.com), the pioneer of a new direction in composition software: Web-top publishing. Bitstream is headquartered in Cambridge, Massachusetts. This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act 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 for the year ended December 31, 2002. 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, a Bitstream company. Other technologies and brand names are used for information only and remain trademarks or registered trademarks of their respective companies. Contact Anna
Chagnon |