Waterloo, Canada – BlackBerry smartphone maker Research in
Motion (RIM) (NASD: RIMM) announced on Monday that it has led a new $150 million investment
in BlackBerry Partners Fund II, which will be used to invest in mobile
computing firms.

The new fund is expected to launch in June, and have a
"broader international mandate" than the first.

The first BlackBerry
Partners Fund was established in 2008, with partners including Thomson Reuters
and Royal Bank of Canada.

To date, that fund has made 13 investments, in firms
including Appia, Buzzd, Digby, Nexage, SocialDeck, Transpera and Xobni.

"We are very pleased with the positive impact of the first Fund on our mobile
ecosystem and we look forward to BlackBerry Partners Fund II bringing
additional resources and support to mobile innovators in a broader range of
international markets," said RIM co-CEO Jim Balsillie.


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