Wavecom Partners with Acal to Extend Presence in Northern Europe

Issy-les-Moulineaux, France and Guildford, United Kingdom-June 22, 2004

Wavecom SA (NASDAQ: WVCM; Euronext: AVM; ISIN: FR0000073066) and the Acal Group (LSE: ACL) today announced a distribution partnership covering the four Nordic countries: Denmark, Finland, Norway and Sweden. According to the terms of the agreement, Acal will provide sales and distribution services, as well as customer support, for Wavecom’s line of integrated GSM/GPRS modules and modems.

The partnership extends Wavecom’s reach throughout Northern Europe, providing OEMs and device manufacturers in the region access to a broad range of industry-leading wireless technology solutions. Acal will especially focus marketing of Wavecom products on the machine-to-machine “M2M” market.

“Wavecom offers companies in Northern Europe a strong portfolio of innovative, cost-effective wireless solutions,” said Neal Turner, Director of Electronic Components Europe of Acal. “Northern Europe is a very dynamic market for M2M, particularly meter reading applications thanks to the deregulation of the electricity business. We are ready to invest in this very promising business, and look forward to supplying Wavecom’s solutions to companies throughout the Nordic countries.”

“Acal has the organization and resources that Wavecom needs on the ground in Northern Europe”, said Pierre Piver, Group Vice President and General Manager of Wavecom’s Vertical Applications business unit. “They are financially solid and have well established local groups. They are experienced in the wireless field, bring strong design support capabilities and have excellent competencies in all activities related to the distribution business. Acal has succeeded in building a pan-European network that meets the needs of its customers and expands market share for its partners, and we look forward to a fruitful, long-term relationship."

About Acal
The Acal Group is a leading European, value-added distributor providing specialist design-in, sales and marketing services for international suppliers in the fields of Electronic Components, Information Technology Products, IT Parts Services and Industrial Controls. By working closely with customers and suppliers during the Design-in process, ACAL’s Sales Engineers assists the customer in selecting and specifying components that meet the specific technical and performance needs of the customer. Its value-added philosophy, geographic coverage and logistic solutions enables Acal to provide specialist knowledge and support to customers on a pan-European basis.

Acal has operating companies in the UK, Netherlands, Belgium, Germany, France, Italy, Spain, Scandinavia and the USA.