Ficosa Acquires A3 Shares From Fractus

Fractal Antenna Technology Key Innovation for the Vehicle of Tomorrow

BARCELONA, Spain, July 26 -- Ficosa International, a multinational automotive systems and components company, and Fractus, the pioneer developer of fractal antenna technology, have negotiated an agreement in which Ficosa has become sole proprietor of Advanced Automotive Antennas (A3), a joint venture company created by Ficosa and Fractus in 2002 to develop fractal-based antennas for the automotive sector.

The agreement includes an exclusive license to Ficosa for Fractus' fractal antenna technology in the automotive sector worldwide.

The acquisition of Fractus' 50% share of A3 allows Ficosa to integrate the business into its corporate structure, increase its product portfolio and more effectively build on the penetration of Fractus' antenna technology already achieved in the international automotive sector.

The A3 joint venture has introduced fractal-based antenna products in vehicles from Fiat and the French group PSA (Peugeot-Citroen). In early 2005, A3 also signed a worldwide technology licensing agreement with Japanese-based Nippon Antenna to develop and produce antennas for its clients Nissan and Mazda.

In 2005, A3 became the first Spanish company to receive the prestigious PACE award for the best innovation in the automotive sector worldwide.

Fractal antenna technology allows significant reductions in traditional antenna sizes and replaces the traditional exterior vehicle antenna with a powerful multi-use internal antenna inside wing mirrors, rear vision mirrors or other vehicle components. The technology also allows a single, optimized antenna to deliver a range of telematics services such as radio, GPS and telephone.

About Ficosa Internacional

Ficosa International is a multinational group, established in 1949, dedicated to the investigation, development, production and commercialization of automobile systems and components. With a Barcelona head office and global team of 6,300 employees, Ficosa is present in 18 countries on three continents. With a portfolio of 675 patents and strong R&D capability, Ficosa is a supplier and technology partner of the world's major automobile manufacturers. http://www.ficosa.com

About Fractus

Fractus designs and manufactures miniature and multi-band antennas for wireless applications that are easy to integrate, cost-effective and provide high performance. Using the unique space-filling and multi-level properties of fractals, Fractus antennas are used in mobile phones, wireless consumer electronics using Bluetooth(R), WLAN and UWB, and base stations. Fractus has a significant intellectual property with 36 patent families and was named a 2005 Technology Pioneer by the World Economic Forum. www.fractus.com

    
    Contacts:
    Ficosa
    Xavier Gispert
    +34-932-163-400
    corporate@ficosa.com

    Fractus
    Tim Hillison
    +34-935-442-690
    media@fractus.com

    Fractus Agency
    Richard White
    +44-(0)208-392-4057
    fractus@axicom.com

Ficosa: Xavier Gispert, +34-932-163-400, corporate@ficosa.com. Fractus: Tim Hillison, +34-935-442-690, media@fractus.com. Fractus Agency: Richard White, +44-(0)208-392-4057, fractus@axicom.com