Verizon Wireless Signs Agreement with Bridgewater Systems

    Bridgewater Systems (TSX: BWC), mobile phone personalization company (phone), today announced a four-year framework agreement with Verizon Wireless where Bridgewater will provide product and services for Verizon Wireless network expansion. Value of the agreement between the two sides are about $ 56 million.

     "Verizon's 3G network operates the largest and most reliable in the country - and starting this month LTE 4G network's biggest large-scale world. We are committed to technology that will ensure our customers get mobile broadband experience is optimal, safe, and according to taste," said Ed Chan, Vice President of National Network Operations Verizon Wireless. "Bridgewater has demonstrated the ability to meet performance and scalability as we expand our network to deliver advanced mobile broadband services."

     According to this agreement, Bridgewater will provide mobile control solutions and maintenance services and support to all current 3G solutions and in the future. In addition, the agreement provides the framework for Bridgewater to deliver new products and services supporting Verizon Wireless' network expansion is taking place in some network access.

     "Verizon Wireless is the old customers and we hope to support them as they expand their network and continue to deliver mobile broadband services and inter-machine market leading in their footsteps," said Ed Ogonek, President and CEO of Bridgewater Systems.

     About Bridgewater Systems

     Bridgewater Systems, the company's personalized mobile phone (cell phone), enabling service providers to manage efficiently and benefit from mobile data services, content and commerce. Personalized portfolio of market leading mobile phone company that provides instantaneous and integrated view of customers, including giving the title, equipment, network, billing profiles, choice and context. Standards-based product portfolio of carrier-grade, which dicantolkan by Subscriber Data Broker (TM) Bridgewater, including Bridgewater (R) Service Controller (AAA), Bridgewater (R) Policy Controller (PCRF) and Bridgewater (R) Home Subscriber Server (HSS) . More than 150 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 deliver fast service innovative move to the more than 150 million subscribers. For more information, please 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 company, product names and any registered trademarks or other unlisted is only used for identification purposes and remain the exclusive right to their respective owners.

     Forward-looking statements

     Particular statement in this release are forward-looking statements or forward-looking information within the scope of securities laws and regulations. This statement is subject to assumptions, risks and uncertainties specific. The reader is reminded to not solely rely on the statement. This statement is provided to allow foreign shareholders to understand the expectations of Bridgewater on the date of this release and may not be suitable for other purposes.

     Results, performance or achievements of Bridgewater actual development may differ materially from the results, performance, achievements or developments expressed or implied by the statement. Risk factors that could cause results, performance, achievements or the actual development of Bridgewater to differ materially from the results, performance, achievements or developments expressed or implied by the statement can be found in public documents filed by Bridgewater to the authorities that govern the letters Canadian securities, including, but not limited to the Annual Information Form dated March 31, 2010 Bridgewater and Discussion and Analysis of Financial Condition and Results of Operations by the Management Parties dated 2 November 2010, available at www.sedar.com, and include things following:

     - Bridgewater operate in a highly competitive market and continues to grow, and if not able to compete effectively, it is not possible to continue to expand its business as expected;

     - Bridgewater relies on a small number of customers for most of its revenue, and losses, or significant deficiencies in the business of, an important customer to reduce their income significantly;

     - Bridgewater must continue to develop their business models and platforms for delivery of products and services to respond to the needs of its customers transaction capacity;

     - Involvement of Bridgewater with customers involve complex arrangements and the size, timing and contractual terms for product orders Bridgewater could affect when income is recognized;

     - Bridgewater has a sales cycle is long and varied, and

     - Bridgewater to engage in future acquisitions that could disrupt its business and affect our financial condition and results of operations.

     Bridgewater has no obligation to update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

     For more information:

     Investor Relations
     Kim Butler, Chief Financial Officer
     Bridgewater Systems
     kim.butler @ bridgewatersystems.com
     +1 613-591-9104 extension 6023

     Craig Armitage
     The Equicom Group Inc..
     carmitage@equicomgroup.com
     +1 416-815-0700 extension 278

     Media Relations
     Joanne Steinberg, Director of Marketing,
     Bridgewater Systems
     joanne.steinberg @ bridgewatersystems.com
     +1 613-884-8831