Alcatel and Wavecom Sign Agreement; WISMO GSM Modules Will be Used in Future Alcatel Mobile Telephones.Business Editors & Telecommunications Writers ISSY-LES-MOULINEAUX, France--(BUSINESS WIRE)--July 5, 2000 Wavecom S.A. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :WVCM WVCM Workspace Versioning and Configuration Management ; Nouveau Marche Nouveau Marche An equity market unit of the Paris Bourse that deals solely in innovative, high-growth companies. :WAVECOM), a leading developer of digital wireless standard modules (WISMO WISMO Where Is My Order? WISMO Wireless Standard Module (TM)), today announced it has signed an agreement of understanding with Alcatel, one of the world's top four GSM mobile phone manufacturers. The agreement calls for Wavecom to supply WISMO3 GSM modules to Alcatel. Under the terms of the agreement, Alcatel will integrate Wavecom's WISMO3 solution in one of its new top-of-the-line mobile phones, to be commercially available in 2001. The new line of futuristic-looking Alcatel mobile phones will be very compact. "This cooperation with Wavecom will enable us to expand our line of products rapidly to address all the sectors of this dynamic market. In 2001, Alcatel will offer an even more complete product family, ranging from the simplest to the most sophisticated mobile phones," explains Jacques Combet, President of Alcatel's mobile telephone business. "Alcatel's decision reinforces our conviction that the WISMO solution can be used effectively by companies that have already developed their own technology," comments Wavecom Chief Executive Officer Aram Hekimian. "With the WISMO3, our clients are able to go to market with the most integrated solution in the world." The WISMO3 is the first technology to offer a GSM solution in a single component. Thanks to the Ball Grid Array “BGA” redirects here. For other uses, see BGA (disambiguation). A ball grid array (BGA) is a type of surface-mount packaging used for integrated circuits. technique, the WISMO3 can be mounted and soldered Pronounced "sod-erd." Permanently attached by a hard metal bond. In order to replace a chip soldered to a circuit board, it requires heating the soldering joints until they melt. Contrast with socketed. to a circuit board like any other component. Founded in 1993 and headquartered near Paris in Issy-Les-Moulineaux, Wavecom designs, develops, manufactures and sells a range of fully integrated plug-in modules for GSM and GPRS (General Packet Radio Service) The first high-speed digital data service provided by cellular carriers that used the GSM technology. GPRS added a packet-switched channel to GSM, which uses dedicated, circuit-switched channels for voice conversations. communications. Divided into three distinct lines--WISMO modules, external modems A self-contained modem that is connected via cable to the serial port of a computer. It draws power from a wall outlet. The advantage of an external modem is that a series of status lights on the outside of the case display the changing states of the modem (off-hook, carrier detect, and integrated modems--all Wavecom products are based on its unique WISMO technology. WISMO, which stands for Wireless Standard Module, is a compact, fully integrated device containing all of the software, hardware and other technology needed to implement a wireless telecommunications standard. Designed for use in a wide variety of systems and wireless terminals, WISMO modules constitute complete implementation of the GSM Phase 2+ standard in the 900, 1800 and 1900 MHz (MegaHertZ) One million cycles per second. It is used to measure the transmission speed of electronic devices, including channels, buses and the computer's internal clock. A one-megahertz clock (1 MHz) means some number of bits (16, 32, 64, etc. bands. Company revenues totaled 19.6 million euros in 1998 and 36.6 million euros in 1999. Wavecom is publicly traded on the Nouveau Marche exchange in Paris and the NASDAQ National Market exchange in the US. www.wavecom.com This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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 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. |
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