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Webraska expands to Singapore and the European Nordic Countries; Webraska Opens New Offices in Singapore and in Stockholm, Sweden

15 December 2000

Webraska expands to Singapore and the European Nordic Countries; Webraska Opens New Offices in Singapore and in Stockholm, Sweden

    POISSY, France--Dec. 15, 2000--Webraska, the worldwide provider of wireless navigation services and technologies, announces the opening of two new offices in Singapore and in Stockholm, Sweden.
    The new offices are in charge of establishing and extending Webraska's presence in Asia and in the Nordic countries in Europe through commercial and business development partnerships with the regions' key wireless players and furthermore setting up a production centre in Singapore. This expands Webraska's presence in the Asia-Pacific region where Webraska already has offices in Tokyo, Japan and in Melbourne, Australia.
    The Singapore office will be led by Walid Sinno, who previously was Managing Director of Raya Ventures LLC, a privately held VC in New York involved in early stage B2B infrastructure investments. In this capacity, he has led several venture investments and served on the board of MetaMatrix. From 1994 until 1998, Mr. Sinno was Regional Manager at Xerox in Eurasia, where he contributed to the expansion of Xerox's commercial activities throughout the FSSU countries.
    "Through its investment in intellectual capital and hi-tech infrastructure, Singapore has demonstrated its commitment to becoming the technology hub of the Asia-Pacific region. Webraska is extremely excited by the potential for Wireless Location Services in the regionand looks forward to play a leading role in stimulating this growth," commented Walid Sinno, Director Business Development, Asia.

    The contact details for Webraska Singapore are:
    89 Neil Road 088849 Singapore T: +65 3 260 701 F: +65 3 241 176.

    Gilles de Clerck, who was recently appointed Country Manager Scandinavia, has extensive experience in the strategic aspects of telecommunications. Prior to joining Webraska, he spent five years at Booz-Allen & Hamilton where he mainly advised leading telecommunications groups on new ventures, acquisitions, restructuring and privatisation strategies in Europe and the Middle-East.
    "The Nordic countries' mobile telephony market penetration is above 60%, the most advanced in Europe. This is a region perceived as pace-setter in the mobile telephony," said Gilles de Clerck, Country Manager Scandinavia. "It is a highly innovative and `avant-gardiste' environment for mobile internet telephony and two of the world's largest infrastructure and mobile phones manufacturers are located here."
    This expands Webraska's presence in Europe where Webraska already has offices in France, UK, Belgium, the Netherlands, Italy and Spain.

    The contact details for Webraska Sweden are:
    Karlbergsvagen 54nb 11337 Stockholm Sweden T: +46 8 344 633
    F: +46 8 344 633

    About Webraska

    Webraska is the worldwide provider of wireless navigation, mapping and traffic information services and technologies for telecom operators and car manufacturers.
    Webraska's revolutionary IbDN(TM) (Internet-based Distributed Navigation) and Personal Navigation Suite(TM) are used by leading mobile operators and car manufacturers around the world to offer wireless navigation applications carefully crafted to make the best out of each access mode (WAP, Internet, SMS, IVR, Java technology-enabled phones, PDA, Call Centre, car equipment).
    Webraska's carrier-grade server platform includes an open API that allows carriers and their partners to add door-to-door optimised directions, continent-wide street level mapping, geocoding and enhanced spatial searching based on shortest journey-time to all their applications (location-based services, m-commerce, games, city guides, fleet management, mobile Extranet, etc.) and interfaces with external content databases.
    The company is headquartered in Poissy, France and has offices in London, Brussels, Madrid, Rotterdam, Milan, Stockholm, Tokyo, Singapore, Melbourne and Montreal.
    For more information visit: www.webraska.com