Wavecom Announces Appointment of Dr. Ronald D. Black as CEO

Wavecom Announces Appointment of Dr. Ronald D. Black as CEO.
Issy-les-Moulineaux, France -July 27, 2004

Wavecom SA (NASDAQ: WVCM; Euronext Nouveau March Euronext: AVM; ISIN: FR0000073066), a provider of integrated wireless technology solutions today announced that its Board of Directors has unanimously elected Ronald D. Black to succeed Aram Hékimian as Chief Executive Officer of the company. Dr. Black, 40, who is an American, will join Wavecom full-time as of August 16, 2004 and assume the title of CEO as soon as French immigration formalities are completed. Most recently he served as Executive Vice President, Client Systems Group at Agere Systems, a leading provider of advanced integrated circuit solutions for consumer applications, including wireless.

Michel Alard, Wavecom Chairman, expressed his enthusiasm on behalf of the Board of Directors, “We are extremely pleased to announce the appointment of Ron Black as Wavecom’s new CEO. Ron brings with him an extensive managerial and technical background in the wireless sector. The Board felt that his combination of skills and experience are what we need at this pivotal point in Wavecom’s evolution. We are confident that he will provide the company with a clear focus and direction that will allow us to accomplish both our short and long-term aspirations.”

Mr. Alard added, “We are grateful for the tremendous contribution Aram Hékimian has made to Wavecom since he and I founded the company in 1993. He remains a major shareholder and we look forward to his continued active involvement in the Company both as a member of the Board of Directors and specifically in assuming direct responsibility for strategic projects as defined by the CEO and the Board of Directors.”

Dr. Black brings with him many years of international experience in semi-conductors, eight of which involved the wireless technology sector. At Agere, he was based in the U.K. where he led businesses in wireless data, computer communications and hard disk drive storage solutions; he also served as Senior Vice President of Strategy in charge of Strategic Marketing, Business Development, Mergers and Acquisitions and Intellectual Property.

Previously, Dr. Black was Vice President at Gemplus, based near Marseilles, France, serving as General Manager of the Next-Generation networks Business unit which specialized in wireless network software and smart cards for 3G networks. Prior to that, he was General Manager for the Networking and Communications Systems Division of Motorola’s Semiconductor Products Sector. In that position, he oversaw several product areas, including microprocessors, memories and transceivers. Before joining Motorola, Dr. Black held a number of positions at IBM Microelectronics in its Power PC Microprocesssors group and in the electronic packaging applications and development areas.

Dr. Black holds a Bachelor of Science, a Master of Science and a Ph.D. in Materials Science and Engineering from Cornell University in Ithaca, N.Y.

Wavecom will publish its second quarter 2004 financial results tomorrow, July 27, at 7:30 a.m. Paris time, followed in the afternoon by a conference call at 3 p.m. Paris time to comment second quarter 2004 financial results. The conference call will be simulcast on the Wavecom corporate website: www.wavecom.com investors section.