RIM Receives Approval from Visa for Mobile Payment Solution

RIM Receives Approval from Visa for Mobile Payment Solution 
WATERLOO, ONTARIO -- (Marketwire) -- 01/16/13 -- Research In Motion
(RIM) (NASDAQ:RIMM)(TSX:RIM) today announced that its Secure Element
Manager (SEM) solution for NFC (Near Field Communication) mobile
payments has been approved by Visa. RIM's SEM is the backend solution
for carriers that can securely manage credentials on SIM (subscriber
identity module) cards installed in all types of NFC-capable mobile
"The approval from Visa of RIM's SEM solution is an important step in
that it will enable carriers to support Visa issuing banks and
financial institutions," said Frank Maduri, Senior Director, NFC
Services and TSM Product Management at RIM. "We now offer carriers a
robust solution with around-the-clock global support that works on
any NFC-capable device, and meets the stringent technology and
usability guidelines for Visa."  
"RIM's success in gaining Visa's formal approval as secure element
manager is a crucial step in expanding RIM's role as a key security
partner for mobile payment solutions around the globe," said Andy
Castonguay, Principal Analyst, at Informa Telecoms & Media. "RIM's
secure network operations center provides a unique combination of
global geographic reach, and has established trusted relationships
with hundreds of carriers around the world with an unparalleled
reputation for security, which sets RIM apart as an SEM partner in
the growing mobile payments space." 
Today's announcement from RIM builds on the recent deployment of
mobile payments in Canada by EnStream, a joint venture of Bell,
Rogers and TELUS, which uses RIM's SEM solution.  
About Research In Motion 
Research In Motion (RIM), a global leader in wireless innovation,
revolutionized the mobile industry with the introduction of the
BlackBerry(R) solution in 1999. Today, BlackBerry(R) products and
services are used by millions of customers around the world to stay
connected to the people and content that matter most throughout their
day. Founded in 1984 and based in Waterloo, Ontario, RIM operates
offices in North America, Europe, Asia Pacific and Latin America. 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 
Forward-looking statements in this news release are made pursuant to
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Litigation Reform Act of 1995 and applicable Canadian securities
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"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
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appropriate in the circumstances. Many factors could cause RIM's
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including those described in the "Risk Factors" section of RIM's
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Media Contact:
Gene Nakonechny
RIM Public Relations
+ 1-519-597-5018
RIM Investor Contact:
RIM Investor Relations
+ 1-519-888-7465
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