Yulon Nissan Teams up with Wavecom to Develop Its Next Generation Telematics System Called 'TOBE'

Wavecom (Paris:AVM) (NASDAQ:WVCM) (ISIN:FR0000073066), today
announced the integration of its technology into the next generation
of Yulon Nissan's telematics system called TOBE. This next generation
of TOBE is an operator-serviced navigation, system integrating
Wavecom's Wireless CPU(R).

Future plans from Yulon Nissan include extending the TOBE
telematics system, based Wavecom technology, to all Yulon Nissan
vehicles. This marks the first contract for Wavecom with an Asian
automotive conglomerate for global automotive telematics solutions.
Yulon Nissan expects the new generation of its TOBE telematics system,
which meets global automotive specifications, to help increase their
global market share in the automotive industry

As a pioneer of telematics in Taiwan, Yulon Nissan strives to
provide the best service for drivers and having a successful
system-development partner is a key to achieving this goal. Wavecom's
leadership position in the European automotive telematics market has
helped by providing advanced technology based on many years of
experience.

Didier Dutronc, President of Wavecom Asia Pacific stated, "Yulon
Nissan is the first major car manufacturer partner in Asia and we are
extremely pleased to have reached this critical milestone for in the
Asia telematics market." He added, "During the development process, we
were able to share our rich experience from working with European and
American car manufacturers.

This new telematics system from Yulon Nissan will use Wavecom's
Open AT(R) Software Suite that allows developers to create and execute
in ANSI C language, enabling many new functions for the newest
generation of TOBE. Wavecom's long-life products combined with the
Open AT(R) Software Suite flexibility will increase the effectiveness
of the TOBE system.

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 (IDE) along with a market-leading range of
Wireless CPU(R)s (Central Processing Units), and an expanding
portfolio of services. These complete embedded solutions enable makers
of all types of machines to develop 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 Issy-les-Moulineaux (France)
near Paris, Wavecom has subsidiaries in Hong Kong (PRC), Research
Triangle Park, NC (USA), Camberley (UK). Wavecom is publicly traded on
Euronext Paris (Eurolist) in France and on the NASDAQ (WVCM) exchange
in the U.S. www.wavecom.com