Issy-les-Moulineaux, France-January 09, 2001

Wavecom Asia Pacific Limited, the Hong Kong-based regional headquarters of Wavecom S.A. (NASDAQ: WVCM; Nouveau Marché: WAVECOM), a leading developer of digital wireless standard modules (WISMO™), today announced the opening on 3 January 2001 of a branch office in Seoul, Korea. The new facility, Wavecom Asia Pacific's second branch in Asia after the opening of its Tokyo branch, is headed by Ms Song Mee Hee, formerly Sales and Marketing Manager for Korea and Oceania, based in Hong Kong.

"Korea is one of Wavecom's most important geographic markets, and one that holds incredible future potential for us", said Jean-Charles Andreani, Managing Director of Wavecom Asia Pacific Limited. "Customers like Sewon Telecom Co., Ltd. enjoy great success with their GSM products, and the time is right to strengthen Wavecom's presence in this booming market."

In addition to its sales activity, the Wavecom branch office will provide support for Korean customers. The new facility is located at:

Wavecom Asia Pacific Limited
30th Floor, ASEM Tower
159-1 Samsung-dong, Kangnam-ku
Seoul, 135-798 South Korea

Telephone: +82 (0)2 6001 3201
Facsimile: +82 (0)2 6001 3203