Bitstream

Strong revenue growth advances the company from number 38 to number 29 in Babson College/Commonwealth Institute study

Cambridge, MA, – January 2008 - Bitstream Inc. (NASDAQ: BITS) today announced that a research study co-developed by The Center for Women's Leadership at Babson College and The Commonwealth Institute has named Bitstream as one of the Top 100 Women-Led Businesses in Massachusetts. The report, released in December 2007, includes data from 177 women-led firms and details the successes and contributions that companies led by women have made to the state’s economy. Bitstream placed 29 on the list of companies, making it the highest ranking software company and the fifth-highest ranking publicly-traded company included in the study.

The Top Women-Led Businesses in Massachusetts: 2006 Results study found that women-led businesses are key drivers of Massachusetts’ revenue and employment. In total, the companies reporting revenues in the survey generated $10.2 billion and employed more than 24,000 people in Massachusetts.

Bitstream Inc. announced that it is showcasing the latest in mobile browsing, messaging and embedded font technology solutions at CeBIT 2007 in Hannover Germany.

Products highlighted during CeBIT include the ThunderHawk™ browser for mobile handsets, myMMS™, a creative mobile messaging application, and Bitstream core mobile technologies for rendering worldwide text in handsets, embedded devices, and mobile applications. These solutions provide leading mobile operators, device manufacturers, embedded system and application developers the tools to meet the challenging and changing needs of their markets including:

ThunderHawk

Built with Bitstream core mobile technology, ThunderHawk is the first browser to provide a consistent, full HTML browsing experience between mobile and desktop environments. ThunderHawk is the only browser that satisfies the key requirements for a positive user experience: the ability to find and read information quickly.