Bitstream
Bitstream

Bitstream Inc. Selected for the 2007 Boston Globe 100


Cambridge, MA, June 4, 2007 – Bitstream Inc., (NASDAQ: BITS, www.bitstream.com), a leading software development company with core competencies in browsing, font and publishing technologies, announced today it has been selected as the 20th ranked Massachusetts-based public company in the 19th Annual Boston Globe 100, highlighting its 2006 business successes. The ranking marks Bitstream’s first appearance in the Globe 100.

Based on a composite score derived from financial data for the four quarters ending December 31, 2006, Bitstream Inc., was ranked 20th among Massachusetts-based companies whose stock is publicly traded on NASDAQ, New York Stock Exchange or American Stock Exchange. To qualify for the Globe 100, a company must have been public for the entire 2006 calendar year and have reported a positive net income for both 2005 and 2006.

“The companies in the Globe 100 have distinguished themselves in not only their respective fields but among other Massachusetts businesses,” said Globe business editor Shirley Leung. “This year’s Globe 100 highlights the broad spectrum of both old and new Massachusetts companies, from cutting-edge sectors like biotechnology to long-standing staples like construction.”

Bitstream experienced record growth in 2006 with a 29% increase over 2005 and surpassed the $20-million annual revenue mark for the first time since becoming a publicly traded company. This growth was driven by a strong performance across all Bitstream product lines.

“Being named one of Massachusetts’ leading public businesses underscores our commitment to providing our customers with best-in-class products and services, and breaking into the top 20 in our first year on the list is truly an honor,” explained Anna Chagnon, president and CEO, Bitstream Inc. “We look forward to building upon this success throughout 2007.”

About Bitstream

About Bitstream
Bitstream Inc. (NASDAQ: BITS - News) is a software development company focused on bringing unique software products to a wide variety of markets. The company’s core software products include award-winning fonts and font rendering software, mobile browsing and messaging software and variable data publishing and Web-to-print software for personalized marketing. For more information about Bitstream please visit www.bitstream.com.

Bitstream is a registered trademark and the Bitstream logo is a trademark of Bitstream Inc. Other technologies and brand names are used for information only and remain trademarks or registered trademarks of their respective owners.


 

 


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