inSIM Technology Will Ensure Reliable Cellular Connections for Machine-to-Machine...

inSIM Technology Will Ensure Reliable Cellular Connections for Machine-to-Machine Devices in Brazil

Embedded SIM Technology Facilitates Cellular Subscriptions for M2M
Devices and Reduces Cost and Logistics Issues
SAO PAULO, Brazil & PARIS--(Business Wire)--
Regulatory News:

Vivo, Oberthur Technologies and Wavecom (Paris:AVM) (NASDAQ:WVCM)
today announced that the Brazilian carrier is testing with the goal of
validation the SIM equipped inSIM(R) (Subscriber Identity Module)
technology for its machine-to-machine (M2M) subscription offer. The 3
companies combine their strengths in their own domains (mobile
operator, wireless connectivity, SIM secured element) to deliver one
solution, fully integrated, ready to be deployed.

Vivo, a major Brazilian cellular carrier, is a key player in the
country's M2M industry which is particularly dynamic and includes
important nation-wide projects. For example, Resolution 245, a
Brazilian government law voted in 2007, requires that a tracking and
anti-theft device be installed in all new vehicles leaving the
factory, produced in Brazil or imported, starting in 2009. The device
must include an integrated wireless module, such as a Wavecom Wireless
CPU(R), that allows the device to send and receive information to and
from a monitoring services center.

Vivo realized that these tracking devices and certain other M2M
applications, such as smart utility meters or wireless payment
terminals, had specific needs related to the security and reliability
of the SIM card. Traditional SIM cards are designed for consumer
electronics and supplied as plastic cards, and may not fully comply
with extreme industrial requirements such as resistance to extreme
temperatures, humidity, shock and vibration.

Wavecom, a leading provider of embedded wireless technology for
M2M communication, is the first wireless technology supplier to
provide a solution which fully integrates the SIM function. The
inSIM(R) technology ensures proper functioning in harsh environments,
reducing the risk of disconnected devices.

Oberthur Technologies, the leading supplier of innovative smart
card based solutions, is supporting this project by empowering the
inSIM(R) solution with its Opera M2M advanced smart card technology.

With this solution, the two industrial partners bring the best of
M2M technology for embedded wireless device and SIM secured element to
the benefit of mobile operators and within the existing industry
structure.

"Our service offer and devices need to reflect the specific
requirements of the M2M industry," said Hilton Mendes, Director of
Vivo. "The ability to combine the SIM function into the inSIM(R)
module greatly enhances the security and reliability of the cellular
connection, and also simplifies the logistics chain. We are looking
forward to providing the benefits of inSIM(R) to our subscribers for
their vehicle tracking and other M2M subscriptions."

Xavier Drilhon, Managing Director of the Card Systems Division at
Oberthur Technologies, said: "Since we designed the first Java SIM
card, we have always delivered the latest breakthroughs to the GSM
industry. It was only natural for us to join efforts with industry
innovators to create an optimized SIM solution for automotive and
industrial use which will benefit both consumers and network
operators. The architecture and the personalisation of the InSIM
module, performed within Oberthur Technologies' certified service
centers, guarantee mobile operators that access to network remains
secured and controlled."

Dr. Ron Black, CEO of Wavecom, added: "inSIM(R) represents a major
technology breakthrough, and we are pleased that Vivo has chosen our
embedded SIM solution for its M2M offer. With inSIM(R), both customers
and operators will benefit from a simpler and faster cellular
subscription, and we are confident that the technology will help to
stimulate growth in the Brazilian M2M market."

In March 2008, the inSIM(R) embedded SIM concept was awarded the
2008 trophy for innovation by the PSA Peugeot Citroen Group's
Automotive Design (ADN) Center.

About Vivo

Vivo, controlled by the groups Portugal Telecom and Telefonica, is
the mobile telecommunication company that offers the best quality in
phone calls, according to Anatel (Agencia Nacional de
Telecomunicacoes).

http://www.vivo.com.br

About Oberthur Technologies

With sales of 733.4 million Euros in 2007, Oberthur Technologies
is a world leader in the field of secure technologies. Innovation and
high quality services ensure Oberthur Technologies' strong positioning
in its main target markets:

-- Card Systems: One of the world's leading providers of security
and identification based on smart card technology and
associated services for mobile, payment, transport, digital TV
and convergence markets.

-- Identity: International player for the manufacture and
personalization of secure identity documents such as passport,
identity card, driving license or health care card -
traditional and electronic - and associated services for both
governmental and corporate markets.

-- Fiduciary printing: World's third largest private security
printer specialized in high security for the production of
banknotes, checks and other fiduciary documents in more than
fifty countries.

-- Cash protection: World leader in the emerging market of
intelligent systems to secure cash-in-transit and ATM.

Close to its customers, Oberthur Technologies benefits from an
industrial and commercial presence across all five continents. The
company is listed on the Euronext Stock Exchange (ISIN: FR0000124133)
since July 2000.

Oberthur Technologies S.A. is a limited liability company (societe
anonyme) registered in France with its registered office at 102 BD
Malesherbes, 75017 Paris, France. Oberthur Technologies S.A.'s
corporate registration number is 340 709 534 R.C.S. Paris.

http://www.oberthurcs.com

Wavecom - the wireless M2M experts

Wavecom is a leading provider of embedded wireless technology for
M2M (machine-to-machine) communication. We provide a range of
GSM/GPRS, CDMA, EDGE and 3G Wireless CPUs; programmable processors
which also act as wireless modules or wireless modems. These are
backed by a C and Lua-based cellular wireless software suite which
includes a real-time operating system (RTOS), a software development
environment based on Eclipse(TM), and several Plug-Ins (GPS, TCP/IP,
security, Bluetooth(TM), Lua script and more). We also offer a wide
range of professional and operated services. Our solutions are used
for automotive telematics, smart metering, fleet management,
GSM/GPS/satellite tracking, wireless alarms, wireless POS (point of
sales), WLL (fixed voice), remote monitoring and many other M2M
applications.

Founded in 1993 and headquartered in Issy-les-Moulineaux (France)
near Paris, Wavecom has subsidiaries in Hong Kong (PRC), Research
Triangle Park, NC (USA), Farnborough (UK), Munich (Germany) and Sao
Paolo (Brazil). Wavecom is publicly traded on Euronext Paris
(Eurolist) in France and on the NASDAQ (WVCM) exchange in the U.S.

http://www.wavecom.com

Vivo
Media:
Hilton Mendes, +55 11 7420 1268
Director Innovations Handsets and Platforms
hilton.mendes@vivo.com.br
or
Oberthur Technologies
Media:
Delphine Cagnieul, +33 (0)1 47 85 55 22
Communication Manager
d.cagnieul@oberthurcs.com
or
Wavecom
Media:
Mette Hautemaniere, +33 (0)1 46 29 94 17
Public Relations
mha@wavecom.com
or
Investors:
Lisa Ann Sanders, +33 (0)1 46 29 41 81
Director Brand Development and IR
lisaann.sanders@wavecom.com

Copyright Business Wire 2008