Issy-les-Moulineaux, France-March 27, 2000

Wavecom S.A. (NASDAQ: WVCM; Nouveau Marché: WAVECOM), a leading developer of digital Wireless Standard Modules (WISMO™), today announced it has signed a sales agreement with Funkanlagen of Germany, an integrator of GSM products.

The agreement covers the sale of a minimum 100,000 WISMO2C modules over a 14-month period starting in March 2000.

The WISMO2C, a second-generation dual-band module, offers a completely integrated solution providing all GSM Phase 2+ functions.

Funkanlagen, a Wavecom customer since 1997, produces and distributes certified radio communications systems for specialized applications for hospitals, high technology companies, homes and other market sectors.