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NewBay Appoints Tom Goguen as Chief Executive Officer

Distinguished Silicon Valley executive to focus on expanding NewBay’s business worldwide

DUBLIN--(BUSINESS WIRE)-- NewBay (http://www.newbay.com), a leader in cloud services, has appointed Tom Goguen to the position of Chief Executive Officer. Tom will be based out of NewBay’s corporate headquarters in Dublin, Ireland, and charged with expanding NewBay’s business worldwide. Tom brings over 20 years of mobile, cloud, social networking, server and desktop management software experience to NewBay. He has experience leading global engineering, product management and marketing organizations at companies such as Research In Motion (RIM), Apple and Sun Microsystems.

NewBay’s LifeCache personal cloud solution enables users to backup home videos to the cloud, stream their music to any device, and share family photos with friends via Facebook or email. The NewBay white label offer provides mobile operators and other service providers with custom branding, cross-platform support, backend integration, hosting, reporting, support and full ownership of the service and end-user relationship. Announced customers include AT&T, Orange, Telstra, T-Mobile, Verizon and U.S. Cellular.

"Tom is a seasoned Silicon Valley executive with exactly the kind of experience necessary to take NewBay to the next level in the white label cloud services space,” stated Robert Burke, who sits on the board of directors of NewBay. “Tom’s broad management experience, scope of product and service leadership, and familiarity with service provider business models will serve NewBay well.”

"Industry experts predict that cloud services will be a multi-billion dollar market opportunity," said Tom Goguen, NewBay’s new CEO. "I'm excited about the opportunity to lead this world class cloud software and services organization in such an exciting and fast growing market segment."

For more information on NewBay cloud services visit www.newbay.com.

About NewBay

NewBay is a leading provider of cloud services for mobile operators and other service providers. With NewBay’s LifeCache white label cloud solution users can sync, share, access and organize content across devices including PC, Mac, iPhone, iPad, Android, and more.

NewBay delivers cloud services to millions of users and stores billions of media for customers worldwide. Customers include AT&T, Orange, Telstra, T-Mobile, Verizon and U.S. Cellular.

Founded in 2002, NewBay is now a subsidiary of Research In Motion (RIM) (NASDAQ:RIMM; TSX:RIM). NewBay is based in Dublin, Ireland; with offices in Seattle and Atlanta, USA; London, UK; Sydney, Australia and Seoul, South Korea.

All brands, product names, company names, trademarks and service marks are the properties of their respective owners.

NewBay is a subsidiary of Research In Motion Limited (RIM). Forward-looking statements in this news release are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used herein, words such as "expect", "anticipate", "estimate", "may", "will", "should", "intend," "believe", and similar expressions, are intended to identify forward-looking statements. Forward-looking statements are based on estimates and assumptions made by NewBay in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that NewBay believes are appropriate in the circumstances. Many factors could cause NewBay's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including those described in the "Risk Factors" section of RIM's Annual Information Form, which is included in its Annual Report on Form 40-F (copies of which filings may be obtained at www.sedar.com or www.sec.gov). These factors should be considered carefully, and readers should not place undue reliance on NewBay's forward-looking statements. RIM and NewBay have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

NewBay
Carol Clavin
T: +1 206 576 3000
M: +1 425 246 9049
cclavin@newbay.com

Source: NewBay