X0203 3 2008-08-14 0 0000818813 BITSTREAM INC BITS 0001429608 Stedman Trent 799 CENTRAL AVE, SUITE 350 HIGHLAND IL 60035 0 0 1 0 0001363688 Millennium Group LLC 799 CENTRAL AVE SUITE 350 HIGHLAND IL 60035 0 0 1 0 0001429618 NV North American Opportunity Fund 799 CENTRAL AVE, SUITE 350 HIGHLAND IL 60035 0 0 1 0 0001429610 HPP GP LLC 799 CENTRAL AVE, SUITE 350 HIGHLAND IL 60035 0 0 1 0 0001429609 Highland Park Partners Fund LP 799 CENTRAL AVE, SUITE 350 HIGHLAND IL 60035 0 0 1 0 Class A Common Stock, par value $.01 per share 957962 I See footnotes (1), (2) and (3) DATE OF EVENT REQUIRING STATEMENT: On August 14, 2008, the Issuer filed a Form 10-Q with the Securities and Exchange Commission ("SEC"), in which the Issuer reported that it had 9,520,337 shares of Class A Common Stock issued and outstanding as of August 11, 2008. The Issuer also reported in the Form 10-Q that during the six month period ended June 30, 2008, it had repurchased 697,700 shares of Common Stock. As a result of this repurchase, the beneficial ownership of the Issuer's total outstanding Class A Common Stock by the reporting Persons exceeds 10%. (1) NV North American Opportunity Fund directly beneficially owns 746,862 shares of Class A Common Stock. Millennium Group LLC is the investment manager of NV North American Opportunity Fund. Highland Park Partners Fund LP directly beneficially owns 208,900 shares of Class A Common Stock. HPP GP LLC is the general partner of NV North American Opportunity Fund. Trent Stedman directly beneficially owns 2,200 shares of Class A Common Stock in a personal trading account. (2) Trent Stedman is a member of Millennium Group LLC, the investment manager of NV North American Opportunity Fund. Trent Stedman is also the sole member of HPP GP LLC, the general partner of Highland Park Partners Fund LP. Trent Stedman, by virtue of his relationship to NV North American Opportunity Fund, Millennium Group LLC, Highland Park Partners Fund LP, and HPP GP LLC, may be deemed to indirectly beneficially own (as that term is defined in Rule 13d-3 under the Act) the shares of Class A Common Stock which NV North American Opportunity Fund, Millennium Group LLC, Highland Park Partners Fund LP, and HPP GP LLC own. (3) The percentage of beneficial ownership of 10.1% (or 957,962 shares of Class A Common Stock) is based on the following: (i) 9,520,337 shares of Class A Common Stock were outstanding as of August 11, 2008 (as set forth on the Issuer's Form 10-Q, filed on August 14, 2008 with the SEC). /s/ Trent Stedman 2008-08-25 NV North American Opportunity Fund By: Millennium Group LLC, its General Partner /s/ Trent Stedman, Member 2008-08-25 Millennium Group LLC /s/ Trent Stedman, Member 2008-08-25 Highland Park Partners Fund LP By: HPP GP LLC, its General Partner /s/ Trent Stedman, Sole Member 2008-08-25 HPP GP LLC /s/ Trent Stedman, Sole Member 2008-08-25