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Posted by Ming on :
This stock has been an amazing performer over the course of a year, and I see no reason that should stop.

However, it has hit a small bump in the road, so now could be a good time to invest.

Ericsson Awarded Bluetooth License Agreement By Wavecom
Tuesday May 18, 9:07 am ET

STOCKHOLM, Sweden--(BUSINESS WIRE)--May 18, 2004--Ericsson (NASDAQ:ERICY - News) Technology Licensing has signed an agreement with Wavecom for Bluetooth software. The agreement entails the licensing of the Ericsson Core Bluetooth Software Stack B-C3, with special features for the automotive industry. This functionality enables hands-free telephony without the need to switch the SIM card from the mobile phone to the car phone.

Wavecom SA, a worldwide provider of integrated wireless technology solutions, will embed the stack in their WISMO® platforms for the automotive and personal communication devices markets. A reference design has already been developed by Wavecom on its GSM/GPRS/GPS product, targeted at automotive customers. This is the first Bluetooth license agreement between Ericsson and Wavecom.

"We appreciate that Ericsson is one of the founders of the Bluetooth SIG and a leader in the Bluetooth arena," says Philippe Lanney, Automotive Product Marketing Manager at Wavecom. "They have provided us with a certified Bluetooth stack which we can integrate quickly and easily into our solutions. As a matter of fact, our agreement allowed us to develop, in record time, a reference design for the automotive market which is compatible with practically any chipset available on the market."

"Wavecom is a leading supplier of wireless solutions to the automotive and handset markets," says Johan Akesson, Vice President Marketing at Ericsson Technology Licensing. "They are cutting-edge in their segments and can quickly provide their customers with end-to-end solutions. This is the start of a fruitful collaboration."

The WISMO® automotive platform, Wismo Quik Q2501, now, thanks to Bluetooth technology and special automotive features, enables hands-free telephony without the need to switch the SIM card from the mobile phone to the car phone. A Bluetooth link transfers the SIM information from the mobile phone to the built-in module in the car.

Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.


Ericsson Technology Licensing

Ericsson Technology Licensing develops state-of-the-art Bluetooth design solutions optimized for mobile communication, computing and media devices. As a major driving force behind the Bluetooth initiative, we have been instrumental in the development of Bluetooth wireless technology from a simple idea into a widely acclaimed industry standard. Our complete portfolio of IP Cores for Bluetooth baseband and radio together with a complete Bluetooth software package, qualification services, training and design services provides semiconductor and original equipment manufacturers the fastest, most reliable course for implementing Bluetooth wireless technology in new products. More information:


Wavecom is a worldwide provider of integrated technology solutions for wireless voice and data applications. Wavecom's solutions include all the software and hardware elements that are necessary to develop truly innovative wireless devices, as well as the development tools and services needed to bring them to market quickly and easily. Founded in 1993 and headquartered near Paris in Issy-les-Moulineaux, Wavecom has subsidiaries in Hong Kong (PRC), Seoul (South Korea), San Diego (USA) and Darmstadt (Germany). More information:


Ericsson Inc.
Corporate Communications
Kathy Egan, 212-685-4030
Ericsson Inc.
Investor Relations
Glenn Sapadin, 212-685-4030

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