Bluestreak Technology Appoints Dominique Jodoin as CEO and President of Bluestreak Technology and Closes Additional Financing



    MONTREAL, Jan. 21 /CNW Telbec/ - Bluestreak Technology, a leading
supplier of Flash(R)-based Players for embedded devices is pleased to announce
that Dominique Jodoin has joined the company as the Chief Executive Officer.
    Mr. Jodoin brings to Bluestreak Technology more than 23 years of
experience in the mobile and wireless industry. Prior to joining Bluestreak,
Mr. Jodoin was President Americas at Red Bend Software, the world leader in
Mobile Software Management. Previously, he was Vice President of Business
Development within the Mobile Systems Division of Alcatel (now
Alcatel-Lucent). He was Executive Vice President at WaterCove Networks, a
venture-backed company that was acquired by Alcatel in 2004. Prior to joining
WaterCove, Jodoin spent 17 years with Ericsson in a variety of capacities
including Executive Vice President and General Manager for Ericsson North
America, where he was responsible for securing global business with AT&T
Wireless and its affiliates. He also served as President of Ericsson's
Belgium-Luxembourg Market Unit and held several executive positions with
Ericsson in Sweden including Vice President of Global Sales, Marketing and
Operations for the TDMA Systems Business Unit.
    Bruno Ducharme, Chairman of the Board of Bluestreak Technology, says
"Dominique is a proven leader in our industry with a strong track record of
global success. He brings industry experience and insight, high energy and a
strong management background to Bluestreak Technology, and I have confidence
that he will lead Bluestreak Technology to the next level of market
leadership."
    "I have known and respected Bluestreak Technology for several years" adds
Jodoin, "and I firmly believe the company's market leading products, strong
innovation engine, and high value relationships serving numerous wireless and
digital TV operators, ASPs, chipset vendors and handset OEMs, position the
company for strong long-term growth. Bluestreak Technology has built a
world-class company and management team, and I am pleased to have the
opportunity to lead the Company to what I believe will be a very bright
future."
    Bluestreak Technology is also pleased to announce the closing of
additional financing from its major shareholders for $5 million CAD.

    About Bluestreak Technology, Inc.

    Bluestreak Technology (Montreal, Paris, Seoul) is the creator of the
MachBlue Player, the Flash-based engine running Rich Media applications, such
as Mobile TV, and Man-Machine Interfaces (MMI). The MachBlue Player is already
deployed on millions of embedded devices such as mobile handsets and set-top
boxes, using popular platforms including Windows Mobile, Symbian, Linux, Java,
as well as many proprietary operating systems. Many wireless network and
digital television operators, including Orange Group, Thomson, Time Warner
Cable, and Videotron, power their services with MachBlue, which is used daily
by millions of subscribers worldwide.

    Flash(R) is a registered trademark of Adobe Systems, Inc. in the United
States and other countries.

    MachBlue(TM) is a registered trademark of Bluestreak Technology. All
Rights Reserved. Other product or service marks mentioned herein are the
trademarks of their respective owners.

    Visit us at the Mobile World Congress February 16th - 19th, 2009, in
Barcelona.




For further information:

For further information: Dominique Jodoin or Marc Bélanger, (514)
448-7662, www.bluestreaktech.com

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BLUESTREAK TECHNOLOGY

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