BlackBerry, the canadian Company is for sale.

The serenity has disappeared inside the Blackberry group, today the Canadian company has announced that the Company's Board of Directors has formed a Special Committee to explore strategic alternatives to enhance value and increase scale in order to
accelerate BlackBerry 10 deployment. This means among others alternatives:

·        Possible joint ventures,

·        strategic partnerships or alliances,

·        a sale of the Company or other possible transactions.

JP Morgan Securities LLC is serving as financial advisor to BlackBerry and Skadden, Arps, Slate, Meagher & Flom LLP and Torys LLP are serving as legal advisors.

Regarding the Special Committee of the Board, chaired by Timothy Dattels, it is comprised of Barbara Stymiest, Thorsten Heins, Richard Lynch and Bert Nordberg.

Mr. Watsa, Chairman and CEO of Fairfax Financial (the largest BlackBerry shareholder) remains positive:"I continue to be a strong supporter of the Company, the Board and Management as they move forward during this process, and Fairfax Financial has no current intention of selling its shares."

" As the Special Committee focuses on exploring alternatives, we will be continuing with our strategy of reducing cost, driving efficiency and accelerating the deployment of BES 10, as well as driving adoption of BlackBerry 10 smartphones, launching the multi-platform BBM social messaging service, and pursuing mobile computing opportunities by leveraging the secure and reliable BlackBerry Global Data Network." Said Thorsten Heins, President and Chief Executive Officer of BlackBerry.

About BlackBerry

A global leader in wireless innovation, BlackBerry® revolutionized the mobile industry when it was introduced in 1999. Today, BlackBerry aims to inspire the success of our millions of customers around the world by continuously pushing the boundaries of mobile experiences. Founded in 1984 and based in Waterloo, Ontario, BlackBerry operates offices in North America, Europe, Asia Pacific and Latin America.