PRESS RELEASE

Telefonica and RIM Preview New Communications and Connectivity Software for Small Groups

MADRID, SPAIN and WATERLOO, ONTARIO--(Marketwire - Oct. 3, 2007) - Telefonica and Research In Motion (RIM) (NASDAQ:RIMM)(TSX:RIM) today announced plans to introduce BlackBerry(R) Unite!(TM) -- a free PC-based software offering that will allow small groups, such as a family or small office, to stay connected and enhance communications and coordination. In addition to wireless email and web browsing, BlackBerry(R) Unite!(TM) software will provide groups of up to five users with mobile access to shared calendars, pictures, music, documents and other desktop content through BlackBerry(R) smartphones(i).

"Every BlackBerry smartphone user can attest to the power of mobility in their personal and professional life," said Mike Lazaridis, President and Co-CEO at Research In Motion. "Wireless connectivity enhances individual flexibility and productivity, and it can also help groups of people interact more effectively and smoothly. BlackBerry Unite! leverages the proven power and security of the BlackBerry platform in a simplified package that is optimized for small groups of people and easy to install in a home or small office."

"At Telefonica we strive to embrace technology convergence and deliver solutions that enhance our customers' lives and business performance," said Luis Ezcurra, Director of the Mobile Business Unit at Telefonica Espana. "BlackBerry Unite! complements both our broadband and mobile service offerings, and addresses a significant need within the family and small business market segments. We're very pleased to be working with RIM to preview this exciting new software to our customers."

BlackBerry(R) Unite!(TM) software will allow a small group of up to 5 users to:

• Stay connected with wireless email and web browsing - enables easy wireless access to up to five supported email accounts (per user) using sophisticated wireless encryption security, allows shared contact lists and supports high-performance mobile web browsing.
• Coordinate schedules using shared calendars - provides a wireless shared calendar with the capability to check each others' availability, set up or modify appointments and send reminders.
• Remotely access content - users can remotely download pictures, music, documents and other content on their desktop PC directly from their BlackBerry smartphone(ii).
• Share photos and files - users can share photos and files with other group members directly from their BlackBerry smartphone.
• Remotely secure the smartphones - includes simple controls to enforce password protection or wirelessly erase a lost or stolen handset.
• Control smartphone use - includes customizable wireless settings to control certain uses for each individual, such as the ability to restrict long distance calls or certain online content.
• Protect smartphone content - contacts, pictures and other data from the BlackBerry smartphone can be backed up automatically over the air (via a cellular or Wi-Fi(R) network) to the desktop PC.
• Set up quickly and easily - the BlackBerry Unite! software will be provided as a free download and, with the help of an easy-to-follow setup wizard, can be installed in minutes on a desktop PC.

Telefonica and RIM plan to make the BlackBerry Unite! software available as a free download beginning in November. Further product information will be provided in conjunction with availability. Telefonica customers interested in trying the free software when it becomes available can sign up now at www.blackberry.com/es/blackberryunite.

(i) requires customer to subscribe to a qualifying wireless data service plan.

(ii) requires a microSD card.

About Telefonica

Telefonica is one of the largest telecommunications companies in the world in terms of market capitalisation. Its activities are centered mainly on the fixed and mobile telephony businesses with broadband as the key tool for the development of both. The company has a significant presence in 24 countries and a customer base that amounts more than 212 million accesses around the world. Telefonica has a strong presence in Spain, Europe and Latin America, where the company focuses an important part of its growth strategy. Telefonica is a 100% listed company, with more than 1.7 million direct shareholders. Its share capital currently comprises 4,773,496,485 ordinary shares traded on the Spanish Stock Market (Madrid, Barcelona, Bilbao and Valencia) and on those in London, Paris, Frankfurt, Tokyo, New York, Lima, Buenos Aires and Sao Paulo.

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 to data. RIM's portfolio of award-winning products, services and embedded technologies are used by thousands of organizations around the world and include the BlackBerry(R) 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.