Blackberry 2002 Annual Report Download - page 4

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SHAREHOLDERS.
LETTER TO
FELLOW SHAREHOLDERS, In fiscal 2002, RIM continued to grow as
our carrier partners in North America, Europe and Asia began the rollout
of BlackBerry on their next-generation GPRS networks. Revenue grew
33% from $221 million to $294 million and the BlackBerry subscriber
base almost doubled to 320,000 users in over 14,400 companies.
Last year, we set forth a number of goals for fiscal 2002, which included growing the BlackBerry user
base, launching BlackBerry in the UK and other European markets, launching BlackBerry with
GSM/GPRS carriers in North America, completing the development of handhelds for CDMA/1XRTT,
leveraging Java™2 Micro Edition (J2ME) to spur the development of third-party software applications,
transitioning to an SAP system (an Enterprise-wide Resource Planning system), and bringing RIM’s
new manufacturing facility online.
We are pleased to report that we have met or exceeded these goals during
fiscal 2002. BlackBerry has continued to expand its user base within North
America. BlackBerry has been launched on GSM/GPRS networks operated
by mm02 group (formerly BT Cellnet
®
) in Europe and VoiceStream Wireless
Corporation in the United States as well as Rogers
™
AT&T Wireless
®
in Canada.
2002
2