Wavecom Has Been Selected by DENSO, a Leading Japanese Automotive Supplier, for a Major Telematics Program Development.

ISSY-LES-MOULINEAUX, France -- Regulatory news:

Wavecom SA (Paris:AVM) (NASDAQ:WVCM), a leader in wireless communications solutions for automotive and industrial (machine-to-machine) applications, today announced that it has completed the pre-production phase of a joint development project for automotive telematics based on Wavecom's wireless technology.

Wavecom provides the wireless communication module to DENSO, a leading supplier of automotive electronics to Japanese and global auto manufacturers, to support its telematics program.

Commenting on this joint development activity, Didier Dutronc, President, Wavecom Asia-Pacific said, "In 2006 Wavecom signed a Joint Agreement for a custom module design to be integrated in to the DENSO telematic system. We are extremely honored that Wavecom has been selected by DENSO, a recognized world leader in automotive electronics to explore the telematics design and development. This design will be integrated in the telematic system and will be in production starting from 2009".

The current product will be implemented to support a new in-car convenience telematics program in North America. The program including SafetyConnect will appear in the market from late summer 2009.

www.wavecom.com/denso

About DENSO

DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global supplier of advanced technology, systems and components. Its customers include all the world's major carmakers. Worldwide, the company employs approximately 119,000 people in 32 countries and regions, including Japan. Consolidated global sales for the fiscal year ended March 31, 2008 totaled US$40.2 billion. DENSO Corporation's common stock is traded on the Tokyo, Osaka and Nagoya stock exchanges. For more information, go to www.globalDENSO.com or visit our media website at

www.DENSOmediacenter.com

Wavecom - the wireless M2M experts

Wavecom is a leading provider of embedded wireless technology for M2M (machine-to-machine) communication. We provide a range of GSM/GPRS, CDMA, EDGE and 3G Wireless CPUs; programmable processors which also act as wireless modules or wireless modems. These are backed by a C and Lua-based cellular wireless software suite which includes a real-time operating system (RTOS), a software development environment based on Eclipse[TM], and several Plug-Ins (GPS, TCP/IP, security, Bluetooth[TM], Lua script and more). We also offer a wide range of professional and operated services. Our solutions are used for automotive telematics, smart metering, fleet management, GSM/GPS/satellite tracking, wireless alarms, wireless POS (point of sales), WLL (fixed voice), remote monitoring and many other M2M applications.

Founded in 1993 and headquartered in Issy-les-Moulineaux (France) near Paris, Wavecom has subsidiaries in Hong Kong (PRC), Research Triangle Park, NC (USA), Farnborough (UK), Munich (Germany) and Sao Paolo (Brazil). Wavecom is publicly traded on Euronext Paris (Eurolist) in France and on the NASDAQ (WVCM) exchange in the U.S.

www.wavecom.com