Option Enters Russian Market With VimpelCom

    BARCELONA, Feb. 11 /CNW/ - Option (Euronext: OPTI) (OPNVY), the wireless
technology company, today announced that the Company's wireless devices have
been selected by VimpelCom as the Russian operator builds its product
portfolio of mobile broadband solutions.
    The mobile operator recently introduced the iCON 7.2 USB modem, as well
as the GT MAX and GT EXPRESS HSDPA wireless data cards for 'prosumer' and
professional market segments. These backward-compatible quad-band EDGE devices
are capable of delivering data rates of up to 274 kbps on existing 2G networks
while allowing Russian's travelling abroad to take full advantage of 3G or
HSUPA where available.
    Devices, packaging, application software and manuals are being customised
to reflect VimpelCom's Beeline brand and to meet local language needs.
    The VimpelCom Group holds GSM and 3G licenses covering a population of
about 250 million. The company operates in 78 regions with an aggregate
population of 140 million in the rapidly expanding Russian market and has also
been granted national licenses in Kazakhstan, Ukraine, Uzbekistan, Tajikistan,
Georgia and Armenia.
    Founded in 1992, VimpelCom deployed the first dual-band GSM900/1800
network in Russia, pioneered pre-pay services and became the first Russian
company to list its shares on the New York Stock Exchange. Trading under the
Beeline brand, the Group enjoyed customer growth of 18.9 per cent in the year
to 30 September 2007, ending the period with an active subscriber base
totalling 50.7 million including 41.8 million in Russia.

    Mobile World Congress 2008

    Option can be found in Hall 2, Stand 2C54

    About Option

    Option, the wireless technology company, is a leading innovator in the
design, development and manufacture of 3G HSUPA, HSDPA, UMTS, EDGE, 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 Belgium (Leuven). The company has Research & Development
in Belgium (Leuven), Germany (Dusseldorf and Adelsried), Sweden (Stockholm),
and an ISO 9001 production engineering and logistics facility in Ireland
(Cork). Option also has offices in Europe, US, Asia, Japan and Australia. For
more information please visit http://www.option.com.

For further information:

For further information: Jan Pote, Corporate Communication Manager, Tel
+32(0)16-317-411, E-mail: j.pote@option.com

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