Regulatory News:
Wavecom S.A. (Paris:AVM) (NASDAQ:WVCM) (ISIN:FR0000073066)
announced today that its development teams have been evaluated CMMI
level 2 (Capability Maturity Model Integration) by an independent
appraiser for software development processes.
To answer the increasing quality requirements for embedded
software, leading companies establish structured methodologies to meet
customer expectations. By having a better software product definition,
with timely development and reduction of bugs, they can realize cost
declines, improved scheduling, and more reliable products. In
recognition of this fact and in keeping with Wavecom's stated quality
policy, to maintain a culture of continuous improvement, Wavecom
recently commissioned an independent appraisal firm to evaluate its
software teams.
"We initially undertook the CMMI evaluation process in response to
requests from some of our customers in industries, like automotive,
where employing best practices in software development is imperative,"
commented Dominique Cyne, Wavecom Group V.P. of Research and
Development. He continued, "Thanks to the CMMI level 2 implementation,
we have significantly improved our overall efficiency."
Companies that have obtained CMMI Level 2 have successfully
demonstrated to the independent appraiser that software projects are
planned and executed according to an established policy. CMMI serves
as a measurement of a company's implementation of software industry
"best practices". Wavecom is pursuing its plan to achieve CMMI level
3.
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 Research Triangle Park, NC (USA), (USA), Hong Kong
(PRC) 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
