WVCM Wavecom S.A. ADS (MM)

Wavecom, a leading provider of embedded wireless technology for M2M, i.e. machine-to-machine, communication, faces a hostile takeover bid from Gemalto. Ron Black, CEO of Wavecom, explains why the Gemalto offer is undervalued. Use these links to watch the video interview in the format of your choice: Windows Media Player:http://www.eurobusinessmedia.com/interviewWmp.php?id_article=383 Flash Player:http://www.eurobusinessmedia.com/interviewFlash.php?id_article=383 Use this link to read the interview transcript:http://www.eurobusinessmedia.com/transcript.php?id_article=383 Topics covered in the interview include: - Why Gemalto is bidding for Wavecom- Why the Gemalto offer is too low- How Wavecom will create more value- What happens if Gemalto ups its bid About Wavecom: 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�, and several Plug-Ins (GPS, TCP/IP, security, Bluetooth�, 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. Company web site: www.wavecom.com