Bridgewater Systems Founder and CTO to Step Down

Mr. Freen will continue to serve on Board of Directors

OTTAWA, Feb. 26 /CNW/ - Bridgewater Systems (TSX: BWC), the mobile personalization company, today announced that Chief Technology Officer (CTO) and founder Russ Freen will be stepping down from the CTO position effective March 31, 2010. Mr. Freen will continue to serve as a director of the Company.

"Russ has had a long and distinguished career in business and the data networking sector. Through his leadership and vision, he has established a position as an industry expert in the management of mobile data services," said Ed Ogonek, President and CEO, Bridgewater Systems. "During his 13 years at Bridgewater, Russ has established a strong technology and product vision for the Company, and his leadership in this area has been instrumental in providing Bridgewater with an excellent foundation for future growth and innovation. On behalf of the Company and our Board of Directors, I would like to thank Russ for the many contributions he has made to Bridgewater's success. We look forward to his continued contributions as a key member of Bridgewater's Board."

About Bridgewater Systems

Bridgewater Systems, the mobile personalization company, enables service providers to efficiently manage and profit from mobile data services, content and commerce. The company's market leading mobile personalization portfolio provides a real-time, unified view of subscribers including entitlements, devices, networks, billing profiles, preferences and context. Anchored by Bridgewater's Subscriber Data Broker(TM), the portfolio of carrier-grade and standards-based products includes the Bridgewater(R) Service Controller (AAA), the Bridgewater(R) Policy Controller (PCRF) and the Bridgewater(R) Home Subscriber Server (HSS). More than 140 leading service providers including America Movil, Bell Canada, Clearwire, Cox, Hutchison Telecom, Iusacell, Scartel, SmarTone-Vodafone, Sprint, Tata Teleservices, Tatung, Telmex, Telstra, and Verizon Wireless use Bridgewater's solutions to rapidly deliver innovative mobile services to over 150 million subscribers. For more information, visit us at www.bridgewatersystems.com.

Bridgewater, Bridgewater Systems, the Bridgewater Systems logo, WideSpan, Smart Caps, myPolicy, and Subscriber Data Broker are trademarks or registered trademarks of Bridgewater Systems Corporation. All other company, product names and any registered and unregistered trademarks mentioned are used for identification purposes only and remain the exclusive property of their respective owners.

For further information: Investor Relations, Kim Butler, Chief Financial Officer, Bridgewater Systems, [email protected], [phone] extension 6023; Craig Armitage, The Equicom Group Inc., [email protected], [phone] extension 278; Media Relations, Joanne Steinberg, Marketing Director, Bridgewater Systems, [email protected], [phone] extension 2032