DELHI, INDIA--(Marketwired - Feb. 5, 2017) - BlackBerry Limited (NASDAQ:BBRY)(TSX:BB), a global software leader in securing, connecting and mobilizing enterprises, is announcing its next major agreement to license BlackBerry software and services for the production of secure BlackBerry Android handsets in more global markets including India, Sri Lanka, Nepal and Bangladesh.
The exclusive, long-term licensing agreement with leading Indian telecom enterprise, Optiemus Infracom Ltd follows BlackBerry's recent global licensing agreement with TCL Communication and PT BlackBerry Merah Putih in Indonesia . With this latest regional deal, BlackBerry has now achieved full global coverage for licensees in all markets to manufacture BlackBerry-branded devices, proving the company is delivering on its licensing strategy and accelerating its transition to be a leading security software and services company.
Under the terms of the agreement, BlackBerry will license its security software and services suite, as well as related brand assets to Optiemus Infracom Ltd. The partner will design, manufacture, sell, promote and provide customer support for BlackBerry-branded mobile devices that offer the full BlackBerry experience, including the trusted BlackBerry for Android secure software, in India, Sri Lanka, Nepal and Bangladesh. BlackBerry will continue to control and develop its security and software solutions and maintain trusted BlackBerry security software, including regular Android security updates to the platform.
As BlackBerry has previously announced, the company is transitioning its handheld devices strategy to focus on continued software innovation - ultimately providing the most secure and comprehensive software for devices around the world, while leveraging third parties to develop hardware and distribute and market the BlackBerry handset brand. Importantly, the agreement between BlackBerry and Optiemus Infracom Ltd also supports the Indian Government's "Make in India" initiative, which aims to create local manufacturing and job opportunities.
Alex Thurber, Senior Vice President, General Manager, Mobility Solutions at BlackBerry says, "India is a very important market for BlackBerry, so we are delighted our latest licensing partnership will extend the BlackBerry software experience to more customers and support the Indian government's 'Make In India' agenda. This is an important milestone in our strategy to put 'the smart in the phone', providing state-of-the-art security and device software on a platform relevant to mobile customers, with more localization. With its infrastructure and experience in manufacturing, and proven success as our distribution partner, Optiemus Infracom Ltd is the ideal partner to design and manufacture trusted BlackBerry secure Android handsets for customers in India and neighboring markets."
Mr. Ashok Gupta, Chairman of Optiemus Infracom Ltd. says, "Our exclusive partnership with BlackBerry, a brand synonymous with secure mobile communications, shows how we are continuing to partner and innovate to bring the latest in handset design and experience, combining the security of BlackBerry and versatility of Android, to our customers in the world's fastest growing smartphone market. This agreement will help us expand mobility choices by designing, manufacturing and offering secure BlackBerry devices which are made in India, for customers in India, as well as Sri Lanka, Nepal and Bangladesh. With our strong end to end play in the mobile ecosystem in manufacturing, retail, distribution and support, we are confident that our journey with BlackBerry will be a long and successful one."
The agreement with Optiemus Infracom Ltd expands on an existing relationship announced in November 2016 , for the distribution and sale of the DTEK50 and DTEK60 by BlackBerry, the company's DTEK series of secure Android smartphones with BlackBerry Security Software inside. These devices continue to be available through the company's distribution network.
Additional information on the product roadmap and availability of new devices manufactured by Optiemus Infracom Ltd will be available in coming months.
About BlackBerry
BlackBerry is a mobile-native security software and services company dedicated to securing people, devices, processes and systems for today's enterprise. Based in Waterloo, Ontario, the company was founded in 1984 and operates in North America, Europe, Asia, Middle East, Latin America and Africa. The Company trades under the ticker symbols "BB" on the Toronto Stock Exchange and "BBRY" on the NASDAQ. For more information, visit www.BlackBerry.com .
About Optiemus
Optiemus Group is an award-winning high-performance telecommunications ecosystem enterprise, with over two decades of experience. The company sold the first mobile phone in the country way back in 1995 and has been bringing the latest technology products to the Indian consumers through its widespread distribution and retail operations. Optiemus extensive experience and understanding of the Indian market helps brands access and grow in the fastest growing telecom market in the world. For more information, please visit: http://www.optiemus.com/
Forward-looking statements in this news release are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When used herein, words such as "expect", "anticipate", "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 made by BlackBerry Limited in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that BlackBerry believes are appropriate in the circumstances. Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including those described in the "Risk Factors" section of BlackBerry's Annual Information Form, which is included in its Annual Report on Form 40-F (copies of which filings may be obtained at www.sedar.com or www.sec.gov ). These factors should be considered carefully, and readers should not place undue reliance on BlackBerry's forward-looking statements. BlackBerry has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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