25.10.2010 12:00:00
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Bitstream Selects Rothschild Inc. as Financial Advisor
Bitstream (NASDAQ: BITS) announced that it has engaged Rothschild Inc. to advise the Company with respect to business opportunities and strategic alternatives aimed at enhancing shareholder value. Rothschild was engaged to serve as financial advisor following a search process conducted by a Special Committee of Bitstream’s Board of Directors.
"We are excited about the Board's selection of Rothschild as Bitstream's financial advisor," said Anna Magliocco-Chagnon, president and CEO of Bitstream. "We believe their global presence and extensive experience in all of the markets served by Bitstream will allow us to evaluate new business opportunities and strategic alternatives as we strive to further enhance shareholder value."
About Rothshild
Rothschild is a global investment bank with a 200-year history of providing independent advice to clients. The firm operates in nearly 40 countries and employs approximately 1,000 bankers.
About Bitstream
Bitstream Inc. develops software technologies and applications for the graphic art and mobile communications industries. Bitstream’s award-winning fonts and font technologies enable device manufacturers and application developers to render the highest quality text in any language, on any device, at any resolution. The company’s MyFonts brand is the world’s leading provider of fonts to consumers. Bitstream’s Pageflex brand enables marketers to easily produce customized communications in print, email, and online. The company’s latest offering is the BOLT mobile browser, which has been installed by millions of users worldwide since its release in February 2009. For more information visit www.bitstream.com.
Bitstream is a registered trademark and the Bitstream logo is a trademark of Bitstream Inc.
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