ACUNIA Receives Frost & Sullivan Entrepreneurial Company Award for Automotive Telematics Market

ACUNIA Receives Frost & Sullivan Entrepreneurial Company Award for
Automotive Telematics Market

Frost & Sullivan announces ACUNIA is a recipient of the prestigious 2001
Entrepreneurial Company Award for its unique third-generation product
solution for the global telematics market.

     ACUNIA pioneered the synergistic concept of the Open Telematics
Framework (OTF).  Uniquely operated from the same platform, car and truck
manufacturers, insurance companies, motoring and travel club organisations,
leasing and rental companies and public authorities can constantly refine
and upgrade their service packages and develop new products.  These
services will have a spectacular impact on the life of car and truck
owners, and help manage traffic problems and growing traffic congestion.

     According to new market information from Frost & Sullivan, European
Automotive Telematics Market for Hardware Systems and Services, the key to
unlocking profits within the telematics sphere will depend on delivering
the services that end-users want.  A critical opportunity for the
automotive telematics industry will be to optimise service revenues from
each end-user throughout the entire life of a vehicle.  The imperative is
to build flexibility into systems from the outset to allow delivery
services that will emerge in the future.  A key aspect of ACUNIA's
technology is it facilitates telematics services or transactions regardless
of the technological framework in the vehicle.

     "ACUNIA's entrepreneurial success is based on two factors.  The first
is the unique technology; the second is the vision and drive of the
management team to unleash the profit potential of that technology.  These
factors will surely propel ACUNIA to the forefront of the automotive
telematics arena," says Tif Awan, Frost & Sullivan automotive industry
analyst.

     The Frost & Sullivan Market Engineering Entrepreneurial Company Award
is bestowed to companies demonstrating superior entrepreneurial ability
within their industry.  Award recipients must meet specific criteria such
as identifying a unique product solution with significant market potential
within the next two to five years.

     To date in 2001, ACUNIA has established their US office in Detroit, a
European office in Frankfurt, and secured financing from Infineon Ventures.
ACUNIA has launched XINGU (an embedded Java processing solution), is
partnering with General Motors for its future telematics service deployment
in Europe, and the BMW Group (within the scope of the Inform-project)
supplementing their Connected Drive strategy.  ACUNIA is a participant of
the Automotive Multimedia Interface Collaboration (AMI-C) and chairs the
Open Services Gateway Initiative (OSGi) consortium.  ACUNIA is heavily
involved in validation programs with several industry leaders in the
automotive industry and beyond.

     "We are extremely pleased and honored with this 2001 Entrepreneurial
Award.  It is enormously gratifying to see how our business and technology
vision receives worldwide industry acclaim.  Also, these are great moments
for our employees and investors and I would like to thank them for their
hard work and trust.  Receiving this award from a highly reputed and
respected research institute like Frost & Sullivan is not only a firm
acknowledgment of our vision, it is a real milestone in the further
development of our leadership position as a supplier of enabling technology
for next generation telematics infrastructure and services," says Marc
Maes, co-founder and co-CEO of ACUNIA.

About ACUNIA
Founded in 1996 as SmartMove, ACUNIA's core business is at the heart of the
fast growing telematics industry.

ACUNIA has developed an open JAVA-based intelligent Telematics Architecture
allowing service providers to dynamically download unlimited information
and service applications into a telematics device.

Located in Leuven (Belgium), Cambridge (US) and Detroit (US), ACUNIA
started up in partnership with IMEC, the largest independent
micro-electronics research center in the world. Ever since this starting
point, the technological and financial partnership with IMEC and other R&D
institutes and universities (a.o. KULeuven) has constantly being
strengthened. ACUNIA employs 120 people in Europe and the United States,
most of whom are engineers specialized in electronics and telematics.

ACUNIA is headed up by co-CEOs Marc Maes and Steven Buytaert. Whereas Maes
is in charge of marketing and finance, Buytaert is leading the
technological development at ACUNIA worldwide.

ACUNIA's open telematics concept is a world's first. The unique concept,
the expertise the company has been able to acquire and a number of
partnerships with automakers and suppliers, has recently moved ACUNIA to
the forefront of telematics development in Europe and the US.

About Frost & Sullivan
Frost & Sullivan, a global leader in international strategic market
consulting and training, presents Market Engineering Awards to companies
that demonstrate the diligence, perseverance, and dedication required to
develop a successful business plan and excel in the increasingly
competitive global marketplace.  Frost & Sullivan rigorously analyses
specific criteria to determine Market Engineering Award recipients in a
variety of regional and global market landscapes.  Founded in 1961, Frost &
Sullivan is headquartered in San Jose, CA with offices located worldwide:
New York, San Antonio, Toronto, London, Paris, Frankfurt, Beijing, Tokyo,
Singapore, Mumbai and Kuala Lumpur.

The European Telematics Market for Hardware and Services
Report 4246-18

Contact for Frost & Sullivan:
Nikki Cole
+44 (0)20 7343 8325
nikki.cole@fs-europe.com

Contact for ACUNIA:
Wouter Piepers
Director Corporate & Marketing Communications
Tel. +32 16 31 00 20 - Fax + 32 16 31 00 29
Mobile 32 478 33 56 32
wouter.piepers@acunia.com