Empresas y finanzas

Wavecom Announces Acquisition of Anyware Technologies, a Leader In M2M Solutions and Services



    Regulatory News:

    Wavecom S.A. (Paris:AVM) (NASDAQ:WVCM) (ISIN:FR0000073066) today
    announced that it signed a definitive agreement to acquire Anyware
    Technologies, an industry leader in machine-to-machine (M2M)
    client-server software solutions located in Toulouse, France.

    "Anyware is a recognized leader in developing M2M software
    solutions for customers who use wireless technology to enhance their
    business processes. Anyware Technologies´ M2M-specific solutions
    perfectly compliment Wavecom´s secure and scalable Intelligent Device
    Services (IDS) platform, with the combination creating the most
    advanced end-to-end software solution in the industry." commented Ron
    Black, CEO of Wavecom.

    "We have been a Wavecom technology partner for several years and
    welcome the opportunity to join forces in broadening the deployment of
    our combined best-in-class turn-key solutions which allow customers to
    develop wireless products that connect any equipment seamlessly to
    their IT infrastructure." added Ludovic Le Moan, CEO of Anyware
    Technologies.

    Anyware Technologies is now a wholly-owned subsidiary of Wavecom.
    The headquarters remains in Toulouse. Emmanuel Walckenaer, becomes CEO
    of this subsidiary while retaining his current role as VP of Wavecom´s
    Intelligent Device Services. Ludovic Le Moan will continue to play a
    strategic role in the company by driving technological innovation. He
    will pilot the building of a new offer, combining Anyware Technologies
    software and Wavecom embedded expertise on a new platform which will
    ease customer´s adoption while significantly reducing time to market
    of complete M2M solutions.

    Emmanuel Walckenaer, added, "Anyware Technologies brings to
    Wavecom a world class-leading Integrated Development Environment
    (IDE), built on Eclipse(TM), whose ease-of-use will accelerate broad
    adoption of wireless M2M applications. Anyware´s Java(TM)-based
    software can be used with all brands of wireless modules and the
    company will continue to supply to the entire wireless M2M space.

    Formed in 2000, Anyware Technologies has grown at high double
    digit rates over the last few years, ending 2007 with sales of nearly
    EUR 5 million, an increase of 74% from the previous year, and was
    profitable. The transaction was finalized for a cash payment to
    Anyware shareholders of EUR 9.1 million plus EUR 1.5 million placed in
    an escrow account for customary warranty provisions. An additional
    payment for earn-out of up to EUR 2 million upon reaching certain
    milestones is to be made in 2009. The acquisition should be accretive
    for Wavecom in 2008.

    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 (ApplicationSpecific 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 Anyware Technologies

    Created in 2000, Anyware Technologies is a French software and
    solutions provider expert in embedded software, Web technologies and
    IT systems. Leveraging its technology, tools and expertise, the
    company has created a set of Machine-To-Machine software and
    professional services. The Machine-To-Machine portfolio is especially
    designed to facilitate the connection, management and monitoring of
    remote equipments through a Web interface.

    Anyware Technologies proposes a unique M2M offer based on a
    universal technology able to connect any equipment to the IT system of
    a company. The quality and flexibility of this offer enables M2M
    applications in sectors as varied as personal assistants, access
    control, security, remote monitoring and billboard management. The
    company has formed technological partnerships with the main M2M market
    leaders.

    www.anyware-tech.com