Leuven, Belgium – June 14, 2006 – Option N.V. (Euronext: OPTI; OPNVY), the wireless technology company, today announced that it has moved to its new global headquarters at a larger building in the new Arenberg Science Park , situated in the agreeable surroundings of the Leuven region. The headquarters will house Corporate, Finance, Legal, HR, Marketing, Business Development, Operations & Sales, Technology and Engineering functions.
Jan Callewaert, CEO Option: “The new headquarters reflect Option’s continued growth and our commitment to scaling and strengthen our capabilities to meet the market demand. The need to add more people, to provide our employees a world-class work environment and laboratory space, while maximizing cost efficiencies, were the main reasons for moving.”
The new Option headquarters facility is located in the Arenberg Sciene Park, just five minutes away from the historic town centre of Leuven, and can accommodate up to 300 people. The park has direct access to the extensive motorway network and is just 30 minutes away from the airport of the European capital (Brussels). The building, roughly 6.700 m², is leased from Interleuven (a government and communities related company actively promoting, amongst others, the economic expansion of the Leuven region, www.interleuven.be ).
Option’s new postal address and registered office:
Option nv
Gaston Geenslaan 14
3001 Leuven, Belgium
The e-mail addresses, telephone- and fax numbers remain the same.
For pictures of the new building please go to www.option.com/move
For more information please contact
Jan Callewaert, CEO
Frederic Convent, CFO
E-mail: investor@option.com
Tel + 32 (0) 16 317 411
ABOUT OPTION
Option NV (www.option.com), the wireless technology company, is a leading innovator in the design, development and manufacture of 3G WCDMA (HSDPA and UMTS), EDGE, GPRS, GSM and WLAN technology products for wireless connectivity solutions. Option has built up an enviable reputation for creating exciting products that enhance the performance and functionality of wireless communications. Option’s headquarters are in Leuven, Belgium. The company has Research & Development in Leuven, a Software and Applications development centre in Adelsried (Germany), a Wireless Router development centre in Stockholm (Sweden) and an ISO 9002 production engineering and logistics facility in Cork, Ireland.