Wavecom and Peiker Co-Suppliers of Wireless Capabilities to BMW; Wavecom Supports Embedded Telephones in New BMW Models

The Peiker in-board wireless telephone, based on a Wavecom moduleWismo Q2406, allows rear-seated passengers to make high quality,private or hands-free calls and store up to 100 speed-dial numbersusing the built-in address book.

Frank Souguir, Wavecom Group Vice President, EMEA regioncommented, "We are extremely pleased to announce this important designwin that allows us to work with both Peiker and the BMW Group inproviding value-added wireless features for a next generation line ofpassenger cars. This new relationship represents one more step inestablishing wireless connectivity as a standard in the automotiveindustry particularly among German car manufacturers, like BMW, whoare well-known for excellence in engineering."

Reinhard Kromer-van Baerle, Executive Vice President , Telematicsfrom Peiker added, "We believe that wireless telemetry and embeddedtelephones will soon be standard features in all vehicles And we arepleased to be working with Wavecom, a recognized industry leader inthe wireless industry, to help us in supplying leading automotiveengineering companies, like the BMW Group, with these future-orientedfeatures."

About Peiker

Peiker Acustic GmbH & Co. KG is a leading provider of componentsin the area of communications technology - both for cars and forprofessional radios (PMR). Founded in 1946, the company can look backon many years' experience in the realm of acoustics. Its productportfolio extends to all components of in-car infotainment andentertainment. Among Peiker Acustic's regular clients are renownedEuropean auto manufacturers, industrial firms, government agencies,and mobile phone manufacturers. More information is available atwww.peiker.de.

About Wavecom

Wavecom is a worldwide leader in embedded industrial wirelesscommunication solutions for automotive, machine-to-machine and mobileprofessional applications. Wavecom's solutions include the Open AT(R)software platform encompassing the Wavecom Open AT(R) OperatingSystem, a wide range of Plug-Ins, the Open AT(R) IntegratedDevelopment Environment (IDE) along with a market-leading range ofWireless CPUs (Central Processing Units), and an expanding portfolioof services. These complete embedded solutions enable makers of alltypes of machines to development of a new breed of intelligentwireless applications, without the need of external processors andother ASICs (Application Specific Integrated Circuits) and components.

Founded in 1993 and headquartered in Paris, Wavecom hassubsidiaries in Hong Kong (PRC), San Diego (USA), and Darmstadt(Germany). Wavecom is publicly traded on Euronext Paris (Eurolist) inFrance and on the Nasdaq (WVCM) exchange in the U.S.

www.wavecom.com

This press release contains forward-looking statements that relateto the company's future business performance, operating expenses andfinancial results and objectives. Such forward-looking statements arebased on the current expectations and assumptions of the company'smanagement only and involve risk and uncertainties. Potential risksand uncertainties include, without limitation, whether the companywill be commercially successful in implementing its strategicreorientation, whether there will be continued growth in the verticalmarkets and demand for the company's products, an unanticipateddecrease in orders from one of the company's principal customers orcustomer cancellation or scale-down of a major project, the company'sreliance on a single contract manufacturer in China for all productionrequirements, dependence on third parties, changes in foreign currencyexchange rates, new products or technological developments introducedby competitors, customer and supplier concerns regarding the company'soverall financial position, and risks associated with managing growth.Unfavorable developments in connection with these and other risks anduncertainties described in the Company's reports on file with theSecurities and Exchange Commission could cause the company to notachieve the anticipated or targeted performance or results. As aconsequence, the Company's actual performance and results may bematerially different from those expressed by the forward-lookingstatements above.