Wavecom Awarded Trophy For Innovation By Automotive Group PSA Peugeot Citroen

Business Wire, March 13, 2008

Award recognizes revolutionary inSIM[R] embedded SIM

ISSY-LES-MOULINEAUX, France -- Regulatory News:

Wavecom S.A. (Paris:AVM) (NASDAQ:WVCM) received the distinction of being awarded the 2008 trophy for innovation at a ceremony organized by the group Automotive Design (ADN) Center of PSA in Velizy (France) last Monday, March 10. This year's award for innovation was given to Wavecom in recognition of its revolutionary inSIM[R] embedded SIM concept.

The robust, industrial design of the inSIM[R] ensures proper functioning in harsh climatic conditions such as extremes of temperature, vibration and humidity which reduces the risk of disconnected devices that are often linked to high-value, time-sensitive transactional data.

Being recognized by the automotive sector is particularly significant since it is a true standard for innovation, quality and reliability. Wavecom's inSIM[R] was developed in collaboration with Wavecom's expertise and automotive engineers. It draws on the specific automotive experience and goes one step further in wireless communication for the automotive industry.

Michel Alard, Wavecom President accepted the honor stating, "Receiving an award is always gratifying, especially since it confirms that what were doing is inline with what the market needs. We are particularly proud of the embedded SIM concept (inSIM[R]) and being recognized by the PSA Peugeot Citro[R]n group is a true distinction."

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