The Investment Research Challenge, which commences on Friday, November 20, is an educational initiative in which industry professionals teach business and finance students how to research and report on a publicly traded company. It consists of training in research and report writing, analysis of a public company, mentoring by a professional research analyst, assessment of written reports, and presentation of research to a high profile panel of Wall Street experts. NYSSA introduced the Challenge eight years ago as a means to promote best practices in research among the next generation of analysts.

"It is an honor to have been chosen as the subject company in the NYSSA Investment Challenge," said Chagnon. "In past years the NYSSA has selected household brands such as Phillips-Van Heusen and Tasty Baking, as well as companies from hot sectors like biopharmaceutical. We believe that being selected as the subject company suggests that mobility is a hot industry sector, and Bitstream is grateful to have this opportunity for further exposure to the investment community."

The winning team will be selected based on the combined scores for the written report and the presentation, and will qualify for the CFA Institute Global Investment Research Challenge to compete against teams from schools across the world. The Global Challenge will be held in Hong Kong in April 2010.

More Information:

http://www.nyssa.org/irc

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The 2009 Stevie Awards for Women in Business is an international competition recognizing the accomplishments of outstanding women executives, business owners, and the organizations they run. The awards are produced by the creators of the American Business Awards.

Stevie Awards were handed out in categories including Best Entrepreneur, Best Executive, Lifetime Achievement, and Women Helping Women at the gala event at New York's Marriott Marquis Hotel on November 13. More than 1,100 entries from organizations of all sizes and in virtually every industry were submitted for consideration.

Chagnon was recognized with the Best Executive Stevie Award for successfully positioning Bitstream as a company in the mobile and wireless space. Credited with advancing Bitstream's existing technologies and developing new technologies, Chagnon has led Bitstream's charge to truly change the face of the mobile market with its BOLT mobile browser.

"Winning this award is testimony to the hard work and dedication of the team making Bitstream a leader in developing technologies which have enhanced the lives of our users," said Chagnon. "I thank my colleagues and family for their support and look forward to another year of positive milestones in advancing the mobile market."

More Information:

www.stevieawards.com/women

www.bitstream.com

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"It is an honor to have been chosen as the subject company in the NYSSA Investment Challenge," said Chagnon. "In past years the NYSSA has selected household brands such as Phillips-Van Heusen and Tasty Baking, as well as companies from hot sectors like biopharmaceutical. We believe that being selected as the subject company suggests that mobility is a hot industry sector, and Bitstream is grateful to have this opportunity for further exposure to the investment community."

With the introduction of its BOLT(TM) mobile browsing software -- optimized to load desktop-style Web pages on all levels of mobile devices -- Bitstream has proved to be a key innovator in the mobile Internet revolution. Since its introduction last February, over 2.6 million BOLT accounts have been created, with as many as 2.5 million pages being served up each day.

BOLT is the latest in a long line of Bitstream's innovative product offerings which include: Pageflex customized marketing communications software; MyFonts.com, the world's leading provider of fonts to consumers; and award-winning fonts and font technologies that enable manufacturers and developers to render the highest quality text at any resolution, on any device, in any language.

This year's challenge has grown to include 16 area universities. Returning universities are Baruch College's Zicklin School of Business, Columbia Business School, Fordham University's College of Business Administration, Hofstra University's Frank G. Zarb School of Business, NYU Stern School of Business, Pace University's Lubin School of Business, The Peter J. Tobin College of Business at St. John's University, Rutgers Business School-Newark and New Brunswick, Stillman School of Business at Seton Hall University, Charles F. Dolan School of Business at Fairfield University, The Hagan School of Business at Iona College, Stony Brook University's College of Business, Christos M. Cotsakos College of Business at William Patterson University, and Yale University. New to this year's Challenge are: Quinnipiac University's School of Business and Cornell University's The Johnson School. Last year's winning school was Yale University.

The winning team will be selected based on the combined scores for the written report and the presentation, and will qualify for the CFA Institute Global Investment Research Challenge to compete against teams from schools across the world. The Global Challenge will be held in Hong Kong in April 2010.

For more information, please visit www.nyssa.org/irc.

About Bitstream:

Bitstream Inc. (NASDAQ: BITS) develops software technologies and applications for the graphic art and mobile communications industries. Bitstream develops award winning fonts and font technologies, under the Bitstream brand, that enable device manufacturers and application developers to render the highest quality text in any language, on any device, at any resolution in resource-constrained environments such as mobile phones, set top boxes, and embedded operating systems. The company's MyFonts brand is the world's leading provider of fonts to consumers. With more than 1 million registered users, MyFonts makes it easy to find, try and buy fonts from one of the largest selections of fonts online -- over 62,000 fonts from more than 500 foundries worldwide. Bitstream's Pageflex brand enables marketers, and the agencies and printers that serve them, to easily produce customized communications in print, email, and online. Pageflex also enables software companies to protect and enhance their brands, develop one-to-one conversations with customers and prospects, and streamline their document production processes. Bitstream's latest offering is the BOLT mobile browser, which has been installed by millions of users worldwide since its release in February 2009. BOLT is compatible with the majority of the world's 4 billion mobile phones and is built on a WebKit architecture that offers the most accurate desktop-style page rendering of any mobile browser. BOLT's PC-level Web support, streaming video support, patented split-screen viewing mode, intuitive keystroke shortcuts, and copy/paste functionality offer a user-friendly, feature-rich mobile browsing experience on even entry-level mobile phones.

For more information about Bitstream please visit www.bitstream.com.

SOURCE: Bitstream Inc.

Bitstream Inc. 
Anna Chagnon, 617-520-8619 
President and CEO 
achagnon@bitstream.com

Stevie Awards were handed out in categories including Best Entrepreneur, Best Executive, Lifetime Achievement, and Women Helping Women at the gala event at New York's Marriott Marquis Hotel on November 13. More than 1,100 entries from organizations of all sizes and in virtually every industry were submitted for consideration.

Chagnon was recognized with the Best Executive Stevie Award for successfully positioning Bitstream as a leading company in the mobile and wireless space. Credited with advancing Bitstream's existing technologies and developing new innovative technologies, Chagnon has led Bitstream's charge to truly change the face of the mobile market with its BOLT mobile browser.

With the introduction of BOLT(TM), Bitstream has proved to be front and center in innovation and has driven the adoption of the mobile Internet. Since its introduction, over 2.6 million BOLT accounts have been created, with as many as 2.5 million pages being served up each day.

The BOLT mobile browser, built to be used on a wide range of mobile phones from simple "feature" phones to more advanced devices such as BlackBerry smartphones, has averaged greater than 50 percent growth in usage each month since the application made its public debut at Mobile World Congress in Barcelona this past February.

"Winning this award is testimony to the hard work and dedication of the team making Bitstream a leader in developing technologies which have enhanced the lives of our users," said Anna Chagnon, CEO of Bitstream. "I thank my colleagues and family for their support and look forward to another year of positive milestones in advancing the mobile market."

The Stevie Awards for Women in Business are governed by a Board of Distinguished Judges & Advisors that features many leading women entrepreneurs and luminaries in business. Members of the Awards' Board selected Stevie winners from among the finalists. Finalists were chosen by business professional worldwide during the preliminary judging period.

Details about the Stevie Awards for Women in Business and the list of honorees are available at www.stevieawards.com/women.

About BOLT

BOLT offers best-of-breed page load speeds, and is the only J2ME browser that supports streaming video from popular media sharing sites like YouTube and MySpace. BOLT is WebKit based, runs well on nearly any J2ME phone and is compatible with the majority of the world's 4 billion mobile phones. BOLT's superior desktop-style page rendering, patented split-screen viewing mode, intuitive keystroke shortcuts and copy/paste functionality offer a user-friendly, feature-rich mobile browsing experience on even entry-level mobile phones. Download BOLT for free at http://boltbrowser.com -- the mobile Internet has never looked this good on your phone.

About Bitstream

Bitstream Inc. (NASDAQ: BITS) 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 variable data publishing and web-to-print software for personalized marketing. For more information about Bitstream please visit www.bitstream.com.

About The Stevie Awards

Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at www.stevieawards.com.

Sponsors of the 6th annual Stevie Awards for Women in Business include the Business TalkRadio Network, Covario, Inc., and KeyBank. Localization partner of the 2009 Stevie Awards is Lionbridge.

SOURCE: Bitstream Inc.

Mobility Public Relations 
Holly Woolard, +1-503-343-4144 
bitstream@mobilitypr.com