Wavecom and Owasys receive Euréka label

Wireless phones for mobile remote assistance services to the elderly and the physically or mentally disabled.
Issy-les-Moulineaux, France and Zamudio, Spain -June 21, 2004

Wavecom (NASDAQ: WVCM; Euronext: AVM; ISIN: FR0000073066) and Owasys Advanced Wireless Devices are delighted to have been awarded, at the last Euréka Ministerial Conference in Paris on 18 June 2004, the Euréka label for their project of mobile remote assistance terminals. This label rewards the innovative solutions developed jointly by the two European companies: a set of mobile remote assistance terminals intended for the elderly or people with physical or mental disabilities.

The importance of remote assistance services was demonstrated during the heat wave last summer, which brought on a European awareness of the need for surveillance and monitoring of elderly people due to their isolation. Remote assistance services are today mainly available in the home, whereas people who need remote services should also benefit from them when away from their homes.

The wireless terminals developed by Wavecom and Owasys, which are unique on the market, enable an improvement in the quality of life for these people by offering:

- rapid access to an assistance and control centre
- an easy-to-use dedicated button for emergency calls
- user localisation using GPS positioning
- remote checking of the physiological state of the user, with this data being sent directly to a medical centre or a doctor
- increased stand-by and communication time
- hearing quality due to high-volume sound

The project includes the development of a family of terminals of which the first product is the Owasys112C, based on Wavecom’s WISMO Quik Q2406 wireless module.

"Euréka encourages cooperation between European companies, a source of technological innovations which can, as in this case, improve the quality of life for people," says Pierre Piver, Vice President of Wavecom's Vertical Applications business unit. "We are proud to receive the Euréka label, which recognizes not only the innovative aspect, but also the economic viability and the social value of the project."

"Our first user-adapted telephone, the "talking telephone" intended for the blind and visually-impaired, was developed jointly with Wavecom, and launched in 2003. Its success shows that there is a real demand in the market for products customized for users who have specific needs," adds Fernando Aguirre, Marketing and Sales Director of Owasys. "More than 100,000 people are users of home teleassistance services in Spain only, and we are confident that this new mobile teleassistance terminal will appeal to a wide range of users."

About Owasys:
Owasys Advanced Wireless Devices is a Spanish company, founded in 2002. During this time, the company has become a market leader specializing in the design, development, manufacture and sale of customized wireless communication terminals and phones.

www.owasys.com

About Euréka:
Euréka is a European network for market-oriented R&D. It aims to strengthen European competitiveness by promoting market-oriented collaborative R&D. The Euréka Initiative enables industry and research institutes from the current 33 member countries and the European Union to collaborate in a bottom-up approach in developing and exploiting innovative technologies.

www.eureka.be