Jasper Wireless and Wavecom Collaborate to Deliver Innovative Business Models for Global M2M

Regulatory News:

Jasper Wireless and Wavecom (Paris:AVM) (NASDAQ:WVCM)
(ISIN:FR0000073066) today announced the initial step in building a
global partnership for the first all-in-one wireless machine to
machine (M2M) infrastructure.

By combining new Wavecom StarService with the Jasper Wireless
global service platform, customers get everything they need to connect
and manage their machines wirelessly from day one. This connectivity
service will be possible using the new Wavecom Wireless
Microprocessor(R) 50 with inSIMTM (embedded SIM), the secure Wavecom
Intelligent Device Services, and immediate access to the Jasper
Wireless service platform for connecting and managing machines around
the world.

"As machine makers scale their businesses using wireless
technologies, having their equipment connected out-of-the-box from day
one is critical. Jasper Wireless is delighted to work with Wavecom to
be the first M2M mobile operator to enable inSIM(TM)," said Jahangir
Mohammed, CEO, Jasper Wireless. "Together we will lead the industry in
changing the economics of M2M services."

"Wavecom and Jasper Wireless are changing the business model for
enterprise by removing the upfront investment that has been a key
barrier to mass adoption of wireless M2M," said Ron Black, CEO,
Wavecom. "Jasper Wireless is unique in its ability to deliver a single
global service and we are delighted to partner with them by combining
our companies' great technologies with innovative business models to
deliver exceptional value to industrial M2M and automotive customers."

Jasper Wireless operates a service platform, previously
unavailable in the M2M market, to connect and manage machines around
the world. The service includes three key components. First is the
Jasper Wireless M2M Global SIM, providing local service in over 35
countries and growing every month. Second is the web-based Jasper
Wireless Control Center, offering one dashboard for all machines, with
complete visibility and control of communications. The third component
is a group of vertical application solutions built and optimized to
meet the unique needs of specific industries including fleet and asset
management, vehicle telematics, security and remote product service.

Wavecom StarService includes the new Wavecom Wireless
Microprocessor(R) 50 with inSIMTM (embedded SIM) free of charge with a
subscription to the secure Wavecom Intelligent Device Services web
portal. Wavecom inSIMTM is an industrial-grade implementation of
traditional SIM cards, built to endure the harsh environments common
to M2M applications.

Commercial availability of StarService is early 2008. Find out
more: www.wavecom.com/starservice

About Jasper Wireless

Jasper Wireless, a licensed global machine-to-machine (M2M) mobile
operator, is the only company built from the ground up to wirelessly
connect and manage machines around the world as part of the $32B M2M
market. With this dedicated focus, Jasper Wireless is redefining
machine-to-machine communications by converging the best in wireless
technologies and on-demand Internet applications. The company's unique
service model features the Jasper Wireless M2M Global SIM, vertical
application solutions, and the Jasper Wireless Control Center for
real-time visibility and control to help M2M application providers
maximize their revenues. Founded in 2004, Jasper Wireless is a
privately held company based in Sunnyvale, CA, with regional offices
in the United Kingdom. For more information, visit
www.jasperwireless.com.

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 CPUs (Central Processing Units), 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 (China), Research Triangle Park, NC (USA)
and Farnborough (UK). Wavecom is publicly traded on Euronext Paris
(Eurolist) in France and on the NASDAQ (WVCM) exchange in the U.S. For
more information, visit www.wavecom.com