UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                 SCHEDULE 13G/A
                                AMENDMENT NO. 3

                   UNDER THE SECURITIES EXCHANGE ACT OF 1934

                                 BITSTREAM INC.
                                (Name of Issuer)

                 CLASS A COMMON STOCK, PAR VALUE $.01 PER SHARE
                         (Title of Class of Securities)

                                   091736108
                                 (CUSIP Number)

                               December 31, 2007
            (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

      |_|  Rule 13d-1(b)
      |X|  Rule 13d-1(c)
      |_|  Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).



CUSIP NO. 091736108
--------------------------------------------------------------------------------
1.    NAME OF REPORTING PERSON
      S.S. OR I.R.S. IDENTIFICATION NUMBER OF ABOVE PERSON

      AIGH INVESTMENT PARTNERS, LLC
--------------------------------------------------------------------------------
2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                      (a) |_|
                                                                      (b) |_|
--------------------------------------------------------------------------------
3.    SEC USE ONLY


--------------------------------------------------------------------------------
4.    CITIZENSHIP OR PLACE OF ORGANIZATION

      Delaware
--------------------------------------------------------------------------------
                  5.  SOLE VOTING POWER

                      0
  NUMBER OF       --------------------------------------------------------------
   SHARES         6.  SHARED VOTING POWER
BENEFICIALLY
  OWNED BY            0
    EACH          --------------------------------------------------------------
  REPORTING       7.  SOLE DISPOSITIVE POWER
   PERSON
    WITH:             0
                  --------------------------------------------------------------
                  8.  SHARED DISPOSITIVE POWER

                      0
--------------------------------------------------------------------------------
9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.

      0 shares
--------------------------------------------------------------------------------
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES*

                                                                             |_|
--------------------------------------------------------------------------------
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9.

      0%
--------------------------------------------------------------------------------
12.   TYPE OF REPORTING PERSON*

      OO
--------------------------------------------------------------------------------

                     *SEE INSTRUCTIONS BEFORE FILLING OUT!


                                      -2-


SCHEDULE 13G

Item 1(a)   Name of Issuer:

            Bitstream Inc.

Item 1(b)   Address of Issuer's Principal Executive Offices:

            245 First Street, Cambridge, Massachusetts 02142

Item 2(a)   Names of Persons Filing:

            AIGH Investment Partners, LLC

            Orin Hirschman is the managing member of AIGH Investment Partners,
            LLC.

Item 2(b)   Addresses of Principal Business Offices:

            The principal business office of AIGH Investment Partners, LLC is
            6006 Berkeley Ave., Baltimore, MD 21209.

Item 2(c)   Citizenship:

            AIGH Investment Partners, LLC is a Delaware limited liability
            company.

Item 2(d)   Title of Class of Securities:

            Class A Common Stock

Item 2(e)   CUSIP Number:

            091736108

Item 3      If this statement is filed pursuant to ss.ss.240.13d-1(b) or
            240.13d-2(b) or (c), check whether the person filing is a:

            N/A

Item 4.     Ownership

            a. Amount Beneficially Owned:

            0 shares

            b. Percent of class

            0%


                                      -3-


            c. Number of shares as to which AIGH Investment Partners, LLC has:

                  i. Sole power to vote or to direct the vote

                  0

                  ii. Shared power to vote or to direct the vote

                  0

                  iii. Sole power to dispose or to direct the disposition of

                  0

                  iv. Shared power to dispose or to direct the disposition of

                  0

Item 5.     Ownership of Five Percent or Less of a Class:

            If this statement is being filed to report the fact that as of the
            date hereof the reporting person has ceased to be the beneficial
            owner of more than five percent of the class of securities, check
            the following. |X|

Item 6.     Ownership of More than Five Percent on Behalf of Another Person.

            N/A

Item 7.     Identification and Classification of the Subsidiary Which Acquired
            the Security Being Reported on by the Parent Holding Company or
            Control Person:

            N/A

Item 8.     Identification and Classification of Members of the Group.

            N/A

Item 9.     Notice of Dissolution of Group:

            N/A

Item 10.    Certification:

            By signing below I certify that, to the best of my knowledge and
            belief, the securities referred to above were not acquired and are
            not held for the purpose of or with the effect of changing or
            influencing the control of the issuer of the securities and were not
            acquired and are not held in connection with or as a participant in
            any transaction having that purpose or effect.


                                      -4-


                                    Signature

            After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.

Date: February 27, 2008

                                                  AIGH INVESTMENT PARTNERS, LLC


                                                  By: /s/ Orin Hirschman
                                                      ------------------
                                                  Title: Managing Member


                                      -5-