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January 2001
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Wavecom hires Corporate Manufacturing Director
Issy-les-Moulineaux, France - 18 January 2001 - Wavecom S.A, a l developer of digital wireless standard modules, today announced the appointment of Marc Cases as Corporate Manufacturing Director, effective immediately. Cases has overall responsibility for all production activity, including sourcing, purchasing and logistics. He will focus on two objectives in particular: ensuring sufficient subcontractor production capacity to meet Wavecom's short- and long-term production goals, and making certain that Wavecom remains competitive in terms of volumes, cost-efficiency, quality, and service.
Cases, 38, brings solid industrial experience from the aerospace and automotive electronics sectors. He began his professional career in 1983 with Sextant Avionique in France, where he was responsible for maintaining and designing research and production equipment. Six years later, he moved on to purchasing of components and technologies with responsibilities including subcontractor quality auditing and production management. He joined Magneti Marelli, a Fiat subsidiary, in 1992, as a purchasing manager for electronics components in charge of European-level contracts. In 1995, he was promoted to manager of corporate sourcing at the company's R&D headquarters in Turin, Italy, where he managed the introduction of new technologies such as GSM, GPS, speech recognition and WAP as well as the outsourcing of R&D and production. Cases, who has training in marketing, law and accounting as well as electronics, speaks English and Italian in addition to his native French.
About Wavecom
Founded in 1993 and headquartered near Paris in Issy-Les-Moulineaux, Wavecom designs, develops, manufactures and sells a range of fully integrated plug-in modules for GSM and GPRS communications. Divided into three distinct lines-Wismo modules, external modems and integrated modems-all Wavecom products are based on its unique Wismo technology. Wismo, which stands for Wireless Standard Module, is a compact, fully integrated device containing all of the software, hardware and other technology needed to implement a wireless telecommunications standard. Designed for use in a wide variety of systems and wireless terminals, Wismo modules constitute complete implementation of the GSM Phase 2+ standard in the 900, 1800 and 1900 MHz bands. Company revenues totaled 36.6 million euro in 1999 and 34.7 million euro for the nine months ended September 30, 2000. Wavecom is publicly traded on the Nouveau Marché exchange in Paris and the NASDAQ National Market exchange in the US.
For details visit
: www.wavecom.com
Contact's
General / Financial
Ken Dreyfack,
Isabelle Journiac- InterAngle Nancy Block - Citigate Dewe Rogerson
Tel: 33 (0)1 44 69 99 50 Tel: (212) 419- 4248
Fax: 33 (0)1 44 69 99 51 Fax: (212) 838-3393
Email: kend@interangle.com and nancy.block@citigatedr-ny.com
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