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8-K - FORM 8-K - BITSTREAM INCd8k.htm
EX-99.1 - LETTER TO COLUMBIA PACIFIC DATED AUGUST 27, 2010 - BITSTREAM INCdex991.htm

Exhibit 99.2

 

LOGO

 

 

Bitstream Inc.

500 Nickerson Road

Marlborough, MA

01752-4695

 
 
 
   
www.bitstream.com   Phone 617.497.6222
  Fax 617.868.0784

August 27, 2010

Mr. Trent Stedman

NV North American Opportunity Fund

799 Central Avenue, Suite 350

Highland Park, IL 60035

Dear Mr. Stedman:

This is in response to your August 20, 2010 letter to Bitstream, which expresses your support for Columbia Pacific Opportunity Fund, LP’s suggestion that the Company form a “non-executive” committee to consider a potential sale of the Company.

Please be advised that, as a general matter the Board, with the assistance of management and outside advisors, continuously reviews all business opportunities that may be available and appropriate, with a view towards achieving what is in the best interest of all the Company’s stockholders.

In addition the Board, in its course of business, has previously scheduled to meet on September 16, 2010 during which time we will also consider and deliberate your suggestion. Following the meeting we will advise you of any decision regarding the Fund’s suggestion.

I thank you for your interest and investment in the Company.

Sincerely,

/s/ Amos Kaminski                                        

Amos Kaminski

Chairman of Bitstream’s Board of Directors