Wavecom Launches Automotive Development Lab with First All-in-One GSM-GPRS and GPS Module; New WISMO Quik Q2501 Simplifies Integrated Wireless/GPS Development

ISSY-LES-MOULINEAUX, France--Oct. 9, 2003--Wavecom SA today announced the launch of its Automotive Development Lab, the most comprehensive wireless technology solution for automotive applications currently available. Designed to enable customers to develop and implement advanced and high-performance wireless automotive systems, the Automotive Development Lab provides a complete suite of hardware, software, development tools and services.

In addition, Wavecom introduces a new WISMO hardware platform within the Automotive Development Lab, the WISMO Quik Q2501, adapted to the particular needs of the automotive industry. WISMO Quik Q2501 is the only product currently available to combine dual band GSM/GPRS with GPS capabilities in a single fully integrated module (58 x 32 x 6 mm). It offers dual operating modes -- either standalone, giving direct access to GPS data independent of GSM connectivity; or GSM Master, linking GPS data with GSM.

GPS data can be integrated into voice, SMS/EMS or data applications, and full 16 channel GPS support is offered, making the GPS component of the product the most accurate currently available on the market. The module has full automotive environmental qualification (temperature, humidity, vibration, etc.) approval, and is also GCF and R&TTE compliant. The WISMO Quik Q2501 is dual band (900/1800 Mhz), and GSM/GPRS Class 10 compliant.

In terms of software, the Automotive Development Lab offers IP connectivity protocols such as TCP/IP, POP3 and SMTP, as well as MQIsdp (Websphere) protocols. Furthermore, customers benefit from Wavecom's MUSE Platform development tool Open AT, with a full set of more than 550 AT commands, including a dedicated GPS set. Open AT enables customers to embed supplementary protocols directly onto the module. The service offering provided by the Automotive Development Lab includes development support, Open AT training, manufacturing support and certification support.

Olivier Beaujard, Vertical Applications Marketing Director from Wavecom, commented: "The automotive applications market continues to grow rapidly -- we estimate that the global market for wireless automotive application (using GSM/GPRS or CDMA technologies) will reach 11 million units by 2006, compared with just 2.9 million units this year. By adding GPS functionality to our product offering, we are responding directly to our automotive customers' demand, and continuing to facilitate flexible development environments with a cost-efficient solution. We look forward to continuing to contribute our innovations to the automotive industry."

Wavecom already has a long history of working with leading automotive equipment manufacturers such as Autoliv, Magneti Marelli, Siemens VDO and Trimble. Wavecom's technology solutions have also been used to provide wireless connectivity for a wide range of applications for professional use in the transportation sector, including alarms, fleet management, logistics management and tracking systems.

Wavecom's Automotive Development Lab is available now. The WISMO Quik Q2501 will be available in the second quarter of 2004.

About Wavecom

Wavecom is a leading provider of integrated technology solutions for wireless voice and data applications. Wavecom's Wireless Open Workshop offering includes all the software and hardware elements that are necessary to develop truly innovative wireless devices, as well as the development tools and services needed to bring them to market quickly and easily.

Founded in 1993 and headquartered near Paris in Issy-les-Moulineaux, Wavecom has subsidiaries in Hong Kong (PRC), Seoul (South Korea), San Diego (USA), Darmstadt (Germany) and Guildford (UK). Company revenues totaled EUR 551.1 million in 2002 and EUR 157.9 million for the six months ended June 30, 2003. Wavecom is publicly traded on Euronext Paris in France and on the NASDAQ exchange in the U.S.

www.wavecom.com

This press release may contain forward-looking statements that relate to the Company's plans objectives, estimates and goals. Words such as "expects," "anticipates," "intends," "plans," "believes" and "estimates," and variations of such words and similar expressions identify such forward-looking statements. The Company's business is subject to numerous risks and uncertainties, including probable variability in the Company's quarterly operating results, manufacturing capacity constraints, dependence on a limited number of customers, variability in production yields, dependence on third parties, currency rate changes and risks associated with managing growth. These and other risks and uncertainties, which are described in more detail in the Company's most recent filings with the Securities and Exchange Commission, could cause the Company's actual results and developments to be materially different from those expressed or implied by any of these forward-looking statements.