Wavecom and Peiker Co-Suppliers of Wireless Capabilities to BMW; Wavecom Supports Embedded Telephones in New BMW Models.ISSY-LES-MOULINEAUX, France -- Wavecom SA (PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. :AVM AVM 1 Acute viral meningitis, see there 2 Arteriovenous malformation, see there ) (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 ) (ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C. :FR0000073066), and Peiker Acustic today announced that the BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. group will integrate hands-free telephone capability into its 7 series line of passenger cars using a Peiker Acoustic GmbH & Co. dashboard with embedded Wavecom wireless technology. The Peiker in-board wireless telephone, based on a Wavecom module Wismo Q2406, allows rear-seated passengers to make high quality, private or hands-free calls and store up to 100 speed-dial numbers using the built-in address book. Frank Souguir, Wavecom Group Vice President, EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. region commented, "We are extremely pleased to announce this important design win that allows us to work with both Peiker and the BMW Group in providing value-added wireless features for a next generation line of passenger cars. This new relationship represents one more step in establishing wireless connectivity as a standard in the automotive industry particularly among German car manufacturers, like BMW, who are well-known for excellence in engineering." Reinhard Kromer-van Baerle, Executive Vice President , Telematics from Peiker added, "We believe that wireless telemetry and embedded telephones will soon be standard features in all vehicles And we are pleased to be working with Wavecom, a recognized industry leader in the wireless industry, to help us in supplying leading automotive engineering companies, like the BMW Group, with these future-oriented features." About Peiker Peiker Acustic GmbH & Co. KG is a leading provider of components in the area of communications technology - both for cars and for professional radios (PMR PMR 1 Percutaneous myocardial revascularization, see there 2 Perinatal mortality rate 3 Polymyalgia rheumatica 4 Proportionate mortality ratio, see there ). Founded in 1946, the company can look back on many years' experience in the realm of acoustics. Its product portfolio extends to all components of in-car infotainment and entertainment. Among Peiker Acustic's regular clients are renowned European auto manufacturers, industrial firms, government agencies, and mobile phone manufacturers. More information is available at www.peiker.de. About Wavecom Wavecom is a worldwide leader in embedded industrial wireless communication solutions for automotive, machine-to-machine and mobile professional applications. Wavecom's solutions include the Open AT(R) software platform encompassing the Wavecom Open AT(R) Operating System, a wide range of Plug-Ins, the Open AT(R) Integrated Development Environment See IDE. integrated development environment - interactive development environment (IDE) along with a market-leading range of Wireless CPUs (Central Processing Units See CPU. (architecture, processor) central processing unit - (CPU, processor) The part of a computer which controls all the other parts. Designs vary widely but the CPU generally consists of the control unit, the arithmetic and logic unit (ALU), registers, temporary buffers ), and an expanding portfolio of services. These complete embedded solutions enable makers of all types of machines to development of a new breed of intelligent wireless applications, without the need of external processors and other ASICs (Application Specific Integrated Circuits) and components. Founded in 1993 and headquartered in Paris, Wavecom has subsidiaries in Hong Kong (PRC), San Diego (USA), and Darmstadt (Germany). Wavecom is publicly traded on Euronext Paris (Eurolist) in France and on the NASDAQ (WVCM) exchange in the U.S. www.wavecom.com This press release contains forward-looking statements that relate to the company's future business performance, operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. and financial results and objectives. Such forward-looking statements are based on the current expectations and assumptions of the company's management only and involve risk and uncertainties. Potential risks and uncertainties include, without limitation, whether the company will be commercially successful in implementing its strategic reorientation Noun 1. reorientation - a fresh orientation; a changed set of attitudes and beliefs orientation - an integrated set of attitudes and beliefs 2. reorientation - the act of changing the direction in which something is oriented , whether there will be continued growth in the vertical markets and demand for the company's products, an unanticipated decrease in orders from one of the company's principal customers or customer cancellation or scale-down of a major project, the company's reliance on a single contract manufacturer in China for all production requirements, dependence on third parties, changes in foreign currency exchange rates, new products or technological developments introduced by competitors, customer and supplier concerns regarding the company's overall financial position, and risks associated with managing growth. Unfavorable developments in connection with these and other risks and uncertainties described in the Company's reports on file with the Securities and Exchange Commission could cause the company to not achieve the anticipated or targeted performance or results. As a consequence, the Company's actual performance and results may be materially different from those expressed by the forward-looking statements above. |
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