X0303 4 2010-04-09 0 0000818813 BITSTREAM INC BITS 0001429608 Stedman Trent 799 CENTRAL AVENUE, SUITE 350 HIGHLAND PARK, IL 60035 0 0 1 0 Class A Common Stock, $0.01 par value per share 2010-04-09 4 J 0 449100 0 D 0 I see footnote Class A Common Stock, $0.01 par value per share 2010-04-09 4 J 0 72394 0 A 72394 D Class A Common Stock, $0.01 par value per share 1135462 I See Footnote On April 9, 2010, Highland Park Partners Fund LP, as to which HPP GP LLC served as the general partner, distributed all of the 449,100 shares of Class A Common Stock, $0.01 par value per share ("Common Stock"), that it directly beneficially owned, pro rata, to its partners, including Mr. Stedman. Mr. Stedman disclaims beneficial ownership of all shares reported on this Form 4, except to the extent of his pecuniary interest therein. By Highland Park Partners Fund LP. By NV North American Opportunity Fund. Mr. Stedman is a member of New Vernon Investment Management LLC (into which Millennium Group LLC merged), which is the investment manager of NV North American Opportunity Fund. By virtue of his relationship to NV North American Opportunity Fund and New Vernon Investment Management LLC, Mr. Stedman may be deemed to indirectly beneficially own certain of the shares of Common Stock directly beneficially owned by NV North American Opportunity Fund. Each of NV North American Opportunity Fund, New Vernon Investment Management LLC, Highland Park Partners Fund LP, HPP GP LLC and Mr. Stedman disclaim beneficial ownership of all shares reported on this Form 4, except to the extent of any pecuniary interest therein. /s/ Trent Stedman 2010-09-02 /s/ New Vernon Investment Management LLC, by Trent Stedman, member 2010-09-02 /s/ NV North American Opportunity Fund, by New Vernon Investment Management LLC, the investment manager, by Trent Stedman, member 2010-09-02 /s/ Highland Park Partners Fund LP, by HPP GP LLC, general partner, by Trent Stedman, sole member 2010-09-02 /s/ HPP GP LLC, by Trent Stedman, sole member 2010-09-02