The DigiSync film reader, developed by RIM, revolutionized the work of movie editors by significantly reducing the time required for post-production tasks.
[9] In recognition of his contributions, Fregin, along with Eastman Kodak and the National Film Board of Canada, received a Technology and Engineering Emmy Award in 1994 for the 'Development of a Keycode Reader'.
[citation needed] Fregin sold all his stock in Research In Motion around the same time Apple released the first iPhone.
[14] In response to strategic changes at BlackBerry, Fregin and Lazaridis established Quantum Valley Investments, a venture fund, in March 2013.
[12] They also considered acquiring BlackBerry and engaged Goldman Sachs Group Inc and Centerview Partners LLC to review their options.