Revenue for the second quarter of fiscal 2009 was $2.58 billion, up 15% from $2.24 billion in the previous quarter and up 88% from $1.37 billion in the same quarter of last year. The revenue breakdown for the quarter was approximately 82% for devices, 13% for service, 3% for software and 2% for other revenue. During the quarter, RIM shipped approximately 6.1 million devices.

Approximately 2.6 million net new BlackBerry® subscriber accounts were added in the quarter. At the end of the quarter, the total BlackBerry subscriber account base was approximately 19 million.

"Fiscal 2009 is proving to be an extraordinary year for RIM and its partners," said Jim Balsillie, Co-CEO at Research In Motion. "We shipped over 11 million BlackBerry smartphones in the first half and we're gearing up for an even stronger second half. Our enterprise business remains strong and our momentum in the consumer marketplace continues as we head into the holiday buying season with an amazing product portfolio and solid marketing support from partners."

Net income for the quarter was $495.5 million, or $0.86 per share diluted, compared with net income of $482.5 million, or $0.84 per share diluted, in the prior quarter and net income of $287.7 million, or $0.50 per share diluted, in the same quarter last year.

Revenue for the third quarter of fiscal 2009 ending November 29, 2008 is expected to be in the range of $2.95-$3.10 billion. Net subscriber account additions in the third quarter are expected to be approximately 2.9 million. Earnings per share for the third quarter are expected to be in the range of $0.89-$0.97 per share diluted based on a gross margin of approximately 47% and operating expenses that are 1-2% lower as a percentage of revenue than in the second quarter.

The total of cash, cash equivalents, short-term and long-term investments was $2.24 billion as at August 30, 2008, compared to $2.08 billion at the end of the previous quarter, an increase of $163 million over the prior quarter. Uses of cash in the quarter included capital expenditures of approximately $190 million and intangible asset purchases of approximately $234 million.

The replay of the company's Q2 conference call can be accessed after 7:00 pm (eastern), September 25, 2008 until midnight (eastern), October 9, 2008. It can be accessed by dialing 416-640-1917 and entering passcode 21252985#. The conference will also appear on the RIM web site, live at 5:00 pm (eastern) and archived at http://www.rim.com/investors/events/index.shtml.

About Research In Motion (RIM)

Research In Motion is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, RIM provides platforms and solutions for seamless access to time-sensitive information including email, phone, SMS messaging, Internet and intranet-based applications. RIM technology also enables a broad array of third party developers and manufacturers to enhance their products and services with wireless connectivity. RIM's portfolio of award-winning products, services and embedded technologies are used by thousands of organizations around the world and include the BlackBerry® wireless platform, the RIM Wireless Handheld(TM) product line, software development tools, radio-modems and software/hardware licensing agreements. Founded in 1984 and based in Waterloo, Ontario, RIM operates offices in North America, Europe and Asia Pacific. RIM is listed on the Nasdaq Stock Market (NASDAQ: RIMM) and the Toronto Stock Exchange (TSX: RIM). For more information, visit www.rim.com or www.blackberry.com.

This news release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities laws, including statements relating to RIM's revenue and earnings expectations for the third quarter of fiscal 2009, anticipated growth in subscribers, product shipments, expectations relating to RIM's margin and operating expenses in the third quarter of fiscal 2009, and other plans relating to RIM. The terms and phrases "momentum", "gearing up", "continues", "expected", and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by RIM in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that RIM believes are appropriate in the circumstances including, but not limited to, general economic conditions, product pricing levels and competitive intensity, supply constraints and new product introductions. Many factors could cause RIM's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including, without limitation: risks relating to the restatement of RIM's previously-filed financial statements as a result of the internal review of RIM's historical option granting practices, and regulatory investigations and litigation relating to those matters, including possible sanctions or penalties against the Company or its directors or officers; risks relating to RIM's intellectual property rights; RIM's ability to enhance current products and develop new products; RIM's reliance on carrier partners, third-party network developers and suppliers; risks relating to the efficient and uninterrupted operation of RIM's network operations center; risks related to RIM's international operations; and intense competition. These risk factors and others relating to RIM are discussed in greater detail in the "Risk Factors" section of RIM's Annual Information Form, which is included in its Annual Report on Form 40-F and RIM's MD&A (copies of which filings may be obtained at www.sedar.com or www.sec.gov), and RIM's other public filings with the Securities and Exchange Commission and Canadian securities regulators. These factors should be considered carefully, and readers should not place undue reliance on RIM's forward-looking statements. RIM has no intention and undertakes 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.

The BlackBerry and RIM families of related marks, images and symbols are the exclusive properties and trademarks of Research In Motion Limited. RIM, Research In Motion and BlackBerry are registered with the U.S. Patent and Trademark Office and may be pending or registered in other countries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners.

                        Research In Motion Limited                  Incorporated under the Laws of Ontario  (United States dollars, in thousands except per share data)(unaudited)                       Consolidated Statements of Operations                     For the three months ended    For the six months ended            ------------------------------------ ---------------------------             August 30,     May 31, September 1,   August 30,   September 1,                  2008        2008         2007         2008           2007----------------------------------------------------------------------------Revenue    $ 2,577,330 $ 2,242,565  $ 1,372,250  $ 4,819,895    $ 2,454,161Cost of sales       1,270,473   1,105,208      667,833    2,375,681      1,189,674           ------------------------------------- ---------------------------Gross margin      1,306,857   1,137,357      704,417    2,444,214      1,264,487           ------------------------------------- ---------------------------  Gross   margin %       50.7%       50.7%        51.3%        50.7%          51.5%Expenses Research  and  development  181,347     127,776       88,171      309,123        163,105 Selling,  marketing  and  adminis-   tration     379,644     326,592      197,943      706,236        375,426 Amortiz-  ation         43,633      36,552       25,350       80,185         49,145           ------------------------------------- ---------------------------               604,624     490,920      311,464    1,095,544        587,676           ------------------------------------- ---------------------------Income from operations    702,233     646,437      392,953    1,348,670        676,811 Investment  income        17,168      18,977       18,984       36,145         35,431           ------------------------------------- ---------------------------Income before income taxes         719,401     665,414      411,937    1,384,815        712,242           ------------------------------------- ---------------------------Provision for income taxes Current       200,918     225,658      137,643      426,576        267,809 Deferred       22,937     (42,759)     (13,391)     (19,822)       (66,472)           ------------------------------------- ---------------------------               223,855     182,899      124,252      406,754        201,337           ------------------------------------- ---------------------------Net income $   495,546 $   482,515  $   287,685  $   978,061    $   510,905           ------------------------------------- ---------------------------           ------------------------------------- ---------------------------Earnings per share  Basic    $      0.88 $      0.86  $      0.51  $      1.73    $      0.91           ------------------------------------- ---------------------------           ------------------------------------- ---------------------------  Diluted  $      0.86 $      0.84  $      0.50  $      1.70    $      0.89           ------------------------------------- ---------------------------           ------------------------------------- ---------------------------Weighted average number of common shares outstand-  ing (000's)  Basic        564,899     563,564      558,991      564,222        558,422  Diluted      574,831     574,650      572,165      574,738        571,379Total common shares outstand-  ing (000's)  565,370     564,418      559,820      565,370        559,820                        Research In Motion Limited                  Incorporated under the Laws of Ontario  (United States dollars, in thousands except per share data)(unaudited)                       Consolidated Balance Sheets                                                    August 30,      March 1,As at                                                    2008          2008----------------------------------------------------------------------------Assets Current  Cash and cash equivalents                       $ 1,131,074   $ 1,184,398  Short-term investments                              422,121       420,709  Trade receivables                                 1,766,774     1,174,692  Other receivables                                   118,537        74,689  Inventory                                           512,904       396,267  Other current assets                                136,628       135,849  Deferred income tax asset                           126,223        90,750                                                ----------------------------                                                    4,214,261     3,477,354Long-term investments                                 686,457       738,889Capital assets                                      1,005,658       705,955Intangible assets                                     869,773       469,988Goodwill                                              114,455       114,455Deferred income tax asset                               2,642         4,546                                                ----------------------------                                                  $ 6,893,246   $ 5,511,187                                                ----------------------------                                                ----------------------------Liabilities Current  Accounts payable                                $   640,154   $   271,076  Accrued liabilities                                 977,827       690,442  Income taxes payable                                156,757       475,328  Deferred revenue                                     60,186        37,236  Current portion of long-term debt                     6,906           349  Deferred income tax liability                         7,196             -                                                ----------------------------                                                    1,849,026     1,474,431Long-term debt                                              -         7,259Deferred income tax liability                          66,995        65,058Income taxes payable                                   28,669        30,873                                                ----------------------------                                                    1,944,690     1,577,621                                                ----------------------------Shareholders' EquityCapital stock                                       2,199,813     2,169,856Retained earnings                                   2,631,155     1,653,094Paid-in capital                                       104,049        80,333Accumulated other comprehensive income                 13,539        30,283                                                ----------------------------                                                    4,948,556     3,933,566                                                ----------------------------                                                  $ 6,893,246   $ 5,511,187                                                ----------------------------                                                ----------------------------                        Research In Motion Limited                  Incorporated under the Laws of Ontario  (United States dollars, in thousands except per share data)(unaudited)                  Consolidated Statements of Cash Flows                                            For the three       For the six                                             months ended      months ended                                          August 30, 2008   August 30, 2008----------------------------------------------------------------------------Cash flows from operating activitiesNet income                                   $    495,546      $    978,061Items not requiring an outlay of cash: Amortization                                      69,316           125,995 Deferred income taxes                             24,073           (18,678) Income taxes payable                              (1,779)           (2,204) Stock-based compensation                           9,700            19,600 Other                                             12,089            12,080Net changes in working capital items              (17,242)         (515,775)                                         -----------------------------------Net cash provided by operating activities         591,703           599,079                                         -----------------------------------Cash flows from financing activitiesIssuance of common shares                           6,883            21,927Excess tax benefits from stock-based compensation                                       1,453            12,146Repayment of long-term debt                           (83)             (166)                                         -----------------------------------Net cash provided by financing activities           8,253            33,907                                         -----------------------------------Cash flows from investing activitiesAcquisition of long-term investments              (59,946)         (173,642)Proceeds on sale or maturity of long-term investments                                       48,591           143,674Acquisition of capital assets                    (190,389)         (386,039)Acquisition of intangible assets                 (234,135)         (331,027)Acquisition of short-term investments            (161,863)         (335,768)Proceeds on sale or maturity of short-term investments                           156,322           408,171                                         -----------------------------------Net cash used in investing activities            (441,420)         (674,631)                                         -----------------------------------Effect of foreign exchange loss on cash and cash equivalents                             (11,679)          (11,679)                                         -----------------------------------Net increase (decrease) in cash and cash equivalents for the period                       146,857           (53,324)Cash and cash equivalents, beginning of period                                           984,217         1,184,398                                         -----------------------------------Cash and cash equivalents, end of period      $ 1,131,074       $ 1,131,074                                         -----------------------------------                                         -----------------------------------As at                                     August 30, 2008      May 31, 2008----------------------------------------------------------------------------Cash and cash equivalents                     $ 1,131,074       $   984,217Short-term investments                            422,121           391,939Long-term investments                             686,457           700,400                                         -----------------------------------                                              $ 2,239,652       $ 2,076,556                                         -----------------------------------                                         -----------------------------------