– Option selected for its innovative technology and smart business model that nurtures growth and profitability –
San Francisco – Leuven, December 12, 2005 — Option (Euronext: OPTI, OTC: OPNVY), the wireless technology company, announced today that it has been selected by Red Herring magazine as one of the inaugural Red Herring Small Cap 100. The editors of Red Herring evaluated over 2,500 technology companies from North America, Europe, and the Asia-Pacific region for the award.
The Red Herring Small Cap 100 are selected for their innovative technology and smart business models that nurture growth and profitability. Red Herring’s Innovation Index, global perspective, and provocative outlook on the technology landscape make this list a unique tool for technology and financial executives.
“The winners on this list are the most competitive, the most innovative, and the most promising technology companies in the small-cap segment. We hope that the Red Herring Small Cap 100 list will shine the light on them that they deserve,” said Joel Dreyfuss, Editor-in-Chief of Red Herring magazine.
Jan Callewaert, CEO Option: “We are honoured and very excited to be recognized as a Red Herring 100 company. The companies on the list are driving change through technology. Option is at the forefront of wireless data solutions and our products are in use across Europe, in the United States, and as far a field as India and Australia. Option’s inclusion in this list validates the company’s outstanding pace of growth and innovation.”
The award ceremony for the Small Cap 100 will be held during the Red Herring Fall 2005 conference, December 13th-15th in San Francisco, California. All award winners will be profiled in issue #47 of Red Herring magazine, on sale December 12th, which also contains Red Herring’s Top 10 Trends for 2006. The full list can also be viewed at www.herringevents.com.
ABOUT RED HERRING EVENTS
Red Herring events have long delivered clear and intelligent insight into the critical trends shaping the future of technology. We bring together industry leaders, venture capitalists, entrepreneurs, and our own business intelligence team to share ideas and present our research-based discoveries. Participants explore the strategic shifts and disruptive impact that new technologies will have in key U.S. and international markets. Along the way, they will get a glimpse of the future. Additional information is available at www.redherring.com/events.
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.
FOR MORE INFORMATION PLEASE CONTACT:
Douglas Ros, Vice President Business Development & Marketing
Tel +32 (0)16 317 411
E-mail: d.ros@option.com
Frederic Convent, CFO
Tel + 32 (0) 16 317 411
E-mail: investor@option.com