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Wavecom: Sunlink International Integrates Wavecom Q24 Plus Wireless CPU(R) in Taxi4U Service


    Regulatory News:

    Wavecom S.A. (Paris:AVM) (NASDAQ:WVCM) (ISIN:FR0000073066) today
    announced that Sunlink International Holdings Limited ("Sunlink")´s
    affiliated company, Spaceinet Sunlink Limited ("Spaceinet Sunlink"),
    has selected the Wavecom Wireless CPU(R) Q24 Plus for their
    intelligent dispatch system for the taxi industry.

    Sunlink has introduced an intelligent transportation technology
    for the taxi industry in Hong Kong, named TAXI4U. This innovative
    system uses Sunlink´s proprietary KENJI blackbox, which has been
    recognized by international logistic companies. With its real-time
    back-end vehicle tracking platform, the VTRACK4U provides intelligent
    dispatch solutions. The KENJI is equipped with the Wavecom Wireless
    CPU(R) Q24 Plus which provides a solution that combines GPS and
    advanced database processing technologies to be integrated into the
    taxi operating system.

    TAXI4U is the first intelligent dispatch system developed and
    implemented for the taxi industry. It has been supported by many taxi
    associations, mobile communications operators and related government
    departments. Using the back-end dispatch system and wireless
    communication network, taxi operators that have equipped their
    vehicles with the KENJI blackbox will be able to quickly inform
    drivers of the nearest customer who has called for a taxi. This
    service will not only improve the operational efficiency of taxi
    fleets, but will also be capable of keeping a detailed service record,
    hence can help to markedly enhance the reliability and convenience of
    taxi service for passengers.

    "This first of-its-kind service uses Sunlink´s intelligent
    transportation technology at its core. The Wavecom Wireless CPU(R) is
    then embedded in the KENJI blackbox which also has DOTA (Download over
    the air) functionality for investment protection and increased
    flexibility. Its proven industrial and automotive quality standards
    definitely increse the reliability of the KENJI blackbox and benefits
    the TAXI4U service", said Mr. C.P. Kwok, Chief Operating Officer of
    Spaceinet Sunlink.

    "The launch of TAXI4U service creates an efficient new taxi
    service in Hong Kong. It brings an optimal service model to taxi
    operators and provides a reliable and high-performance taxi service to
    passengers. We look forward to extend this service to other public
    transportation and logistics industries in both Hong Kong and mainland
    China,´ commented Didier Dutronc, President, Wavecom Asia-Pacific,
    Ltd.

    Initial orders for this project are expected to equip 1,000 taxis
    in Hong Kong. The project is targeted to equip 30% of the 18,000 taxis
    in Hong Kong when is fully implemented.

    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.

    www.wavecom.com

    About Sunlink International Holdings Limited

    Sunlink International Holdings Limited has been listed on the Main
    Board of the Hong Kong Stock Exchange since 2003. Headquartered in
    Hong Kong, Sunlink International Holdings Limited mainly focuses on
    the development of automobile communication devices for its auto parts
    & devices business. In addition, Sunlink also involves in the sales
    and marketing of semiconductors and power metering solutions business.
    It has an extensive geographic reach and is supported by an R&D and
    technical support center in the Shenzhen High-Tech Zone and liaison
    points in Beijing and Shanghai.