Wavecom's WISMO Quik Q2501 Selected as Finalist for Top Telematics Industry Award

SAN DIEGO May 19, 2004; Wavecom SA announced today that Telematics Update Magazine has named Wavecom's WISMO Quik Q2501 as a finalist for its Telematics Awards 2004 program.

Wavecom's WISMO Quik 2501 was chosen as one of six finalists for the Horizon award, which recognizes the best new innovation and/or company in telematics. The award brings recognition to new ventures that have shown true potential and innovation in the telematics field. The winner will be announced on the evening of May 25 at the Telematics Awards Gala dinner to be held at the Cobo Center during the flagship Telematics Detroit 2004 event, May 25-26. (www.telematicsdetroit.com)

Other finalists for the Horizon award include Ford Motor Company VCSI, Pharos Smart Navigator, Strategic Connections Inc., Swedish National Road Administ, and Telcontar - Mobile Location Server.

The WISMO Quik Q2501 integrated wireless module from Wavecom is the industry's first all-in-one GSM/GPRS and GPS telematics solution. Designed to meet the specific needs of automotive electronics engineers, Wavecom's WISMO Quik Q2501 changes the landscape of the telematics industry by simplifying the integration of wireless and GPS functionality in automotive applications, reducing costs and increasing access to telematics technology.

The WISMO Quik Q2501 is a specialized hardware platform that provides system integrators the tools needed to develop new telematics systems and bring them to market as quickly and cost-effectively as possible. From advanced automatic collision notification and remote diagnostics applications to traffic routing and location-based services, Wavecom's Automotive Development Lab offers the broadest range of open, flexible, ready-to-use wireless options available.

"Wavecom is honored to have been selected among the short list of finalists recognized as a true innovators in the telematics field," said Greg Gower, senior sales and marketing director, Americas Region, Wavecom. "As the market for wireless automotive applications continues to grow quickly, Wavecom takes pride in enabling the development of telematics-related services, facilitating rapid consumer adoption, and ultimately, offering a much wider range of consumers a variety of applications to make the driving experience as safe and efficient as possible."

"The Telematics Update Awards program has really gained in popularity as reflected in the vast number of nominees for this year's award program," said Phil Magney, chairman of the Awards Judging Panel and Principal Analyst of Telematics Research Group. "Hundreds of nominees have been submitted this year ranging from small start-ups to large multinational brands. These companies represent the future of telematics with some very compelling solutions."

About Wavecom

Wavecom is a worldwide provider of integrated technology solutions for wireless voice and data applications. Wavecom's solutions include 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), and Darmstadt (Germany). Wavecom is publicly traded on Euronext Paris (Nouveau Marche) in France and on the NASDAQ (WVCM) exchange in the U.S.