Company Profile For Option N.V.

Option NV is a Belgium-based company which designs, develops, and manufactures wireless technology solutions. These include: USB modems, Data cards, Embedded modules, Wireless routers, Software (Globetrotter), and Applications. The Company’s products are used by mobile telecom operators, IT distributors, laptop manufacturers, and consumer electronics manufacturers around the globe. Option mobile broadband devices are marketed by more than 100 companies in virtually every region. Option is headquartered in Leuven, Belgium, with research centers in both Leuven and Dusseldorf, Germany. It also has a development team in Augsburg, Germany, as well as a production, engineering, and logistics facility in Cork, Ireland. The Company also collaborates with an outsourcing partner that runs an Option dedicated manufacturing facility in China. In addition, Option has sales offices in Europe, the United States of America, Asia, and Australia.

BRIEF: For the nine months ended 30 September 2009, Option NV's revenue decreased 35% to EUR127.7M. Net loss for the period increased from EUR5.7M to EUR25.8M. Revenue reflects a decrease in demand for the Company's products and services as well as unfavorable markets conditions. Higher net loss for the period reflects the presence of restructuring charges as well as significantly higher financial expenses.

Option N.V.
Gaston Geenslaan 14
Leuven     3001
P: +3216.317411
F: +3216.207164

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