Ericsson Selected by Bellwave for Second Generation 3G Platform.

STOCKHOLM, Sweden -- Ericsson (NASDAQ:ERICY) and Bellwave have signed a license agreement for U250, which is the latest state-of-the art WCDMA/GPRS platform from Ericsson Mobile Platforms. With the agreement, Bellwave and Ericsson extend their cooperation of combining Ericsson's industry leading WCDMA/GPRS platform technology and Bellwave's innovative and feature rich products.

"We are very pleased with the platforms from Ericsson Mobile Platforms," said Jeon Seon-A, Chief Operating Officer Bellwave. "The new platform provides advanced multimedia application enablers such as support for multi-megapixel cameras, advanced network signaling features required by operators, a very compact size and lower power consumption."

"The U250 is a new generation of WCDMA/GPRS platforms that combines the field proven stability of the U100 and advances in integration to provide a small, low power and very powerful multimedia enabled platform. We are happy that Bellwave has selected this platform," said Sandeep Chennakeshu, head of Ericsson Mobile Platforms.

Ericsson Mobile Platforms' 3G-platform U250 is a highly integrated small footprint WCDMA/GPRS platform offering upgraded network signaling protocols required for the growing WCDMA networks, advanced multimedia capabilities including the ability to directly interface to multi-megapixel cameras, provide advanced audio and video capabilities, 3D graphics and support a wide variety of mass storage memories.

Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.

Read more at http://www.ericsson.com/press

About Ericsson Mobile Platforms

Ericsson Mobile Platforms offers a complete, end-to-end interoperability tested platform portfolio across 2,5 and 3G. A common software platform for GSM/GPRS, EDGE and WCDMA terminals enabling application portability, stability, security, state-of-the-art power consumption, and small size.

Ericsson Mobile Platforms portfolio offering includes reference design, platform software, ASIC's and development boards, core applications and UI toolkit, development and test tools, industrialization solution, support, training and documentation.

Technology is based on Ericsson's global standardization leadership and the world's strongest Intellectual Property Rights for 2.5 and 3G systems. Ericsson Mobile Platforms is wholly owned company within the Ericsson Group. Read more at http://www.ericsson.com/mobileplatforms

About Bellwave

Bellwave Co., Ltd, founded in September 1999 and headquartered in Seoul, has experienced phenomenal growth, emerging as the largest handset design (ODE) company in the industry. Bellwave specializes in innovative, feature-rich products including GSM, GPRS, EDGE and W-CDMA handset designs and CDMA wireless data modules. Bellwave licenses it's fully tested and certified, mass-manufacturing-ready handset designs to OEMs who manufacture and distribute worldwide. For more information on Bellwave, visit www.bellwave.com.