Esmertec Shareholders Approve Increase of Conditional Capital

Extraordinary General Meeting of shareholders of Esmertec AG

Esmertec(TM) (SWX:ESMN), leading edge provider of software
platforms, applications and services to communications device
manufacturers and mobile telecom operators, is pleased to announce
that shareholders approved the proposal put forward by the Board of
Directors at its Extraordinary General Meeting (EGM) today. 866
shareholders participated or were represented at the EGM, representing
62% of the total issued share capital.

Shareholders have taken note of the changes on the terms and
conditions of the Company´s outstanding convertible bonds. 98.5% of
shares represented at the EGM voted in favor of the increase in
conditional share capital by CHF 92,096.60, representing 920,966 new
shares leading to a dilution of 4.2% (of issued share capital plus
conditional and authorized capital as per the Articles of
Incorporation). These endorsements allow Esmertec to conclude the
announced early conversion of 81% of the outstanding convertible bonds
into Esmertec registered shares at a conversion price of CHF 10.00 per
share.

About Esmertec

Esmertec is a focused provider of software and services to
communications device manufacturers and mobile telecom operators. The
company provides software platforms that enable the deployment of
content and applications in devices and over servers. Customers
include mobile telecom operators and manufacturers of mobile handsets,
set-top boxes and interactive televisions. Esmertec´s software and
service capabilities excel with their reliability as well as fast and
local execution. Founded in 1999, Esmertec is headquartered in Zurich,
Switzerland with subsidiaries in China, France, Japan, South Korea,
and the USA, and offices in Taiwan and the UK. Since 2005, Esmertec is
listed on the SWX Swiss Exchange (ESMN).

Esmertec is a founding member of the Open Handset Alliance.

www.esmertec.com

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