Elcoteq Becomes Telsima's Global Manufacturing Partner for Wimax Solutions

Elcoteq Becomes Telsima's Global Manufacturing Partner for Wimax Solutions

October 18, 2007

    HONG KONG, Oct. 18 /Xinhua-PRNewswire/ -- Elcoteq SE, a
leading integrated electronics manufacturing services (IEMS)
company with original design manufacturing (ODM)
capabilities in the communications technology field
announced that it has become the global manufacturing
partner for Telsima, a leading developer of WiMAX based
broadband wireless access (BWA) and DCME voice compression
solutions.  Elcoteq has started volume manufacturing of
Telsima WiMAX CPEs StarMAX 2100 series at its facility in
Bangalore, India.  Elcoteq provides box build manufacturing
for WiMAX CPEs including new product introduction (NPI),
sourcing, manufacturing, logistics, and after-sales
services.  
 
    "We are delighted to be the global outsourcing
partner for Telsima and we believe this relationship is a
perfect fit for our Bangalore plant and for Elcoteq. 
Telsima is in a highly competitive situation and our role
is to assist them to enter and reach a leading position on
the Indian and global broadband wireless access market. 
Our presence in India, global footprint, expertise in WiMAX
solutions and the consistency of our processes and services
were critical factors why Telsima chose Elcoteq as its
global partner," says Mr. Bruno Cathomen, Vice
President, Communications Networks at Elcoteq.  
 
    "We are happy to leverage Elcoteq's expertise
gained from its years-long experience with communication
technology customers and to be the beneficiary of India's
conducive regulatory environment and strong government
support for manufacturing high volume WiMAX based products
that will help us contribute substantially to the 20
million broadband subscribers targeted by India government
by 2010," says Mr. Raj Iyer, VP Manufacturing,
Telsima. 

    About Elcoteq

    Elcoteq SE is a leading electronics manufacturing
services (EMS) company with original design manufacturing
(ODM) capabilities in the communications technology field. 
Elcoteq provides global end-to-end solutions consisting of
product development, NPI, manufacturing, supply chain
management, and after-sales services for the whole
lifecycle of its customers' products.  These products
include terminal products such as mobile phones and set-top
boxes as well as communications network equipment such as
base-stations, tower-top amplifiers, and microwave systems.
 The company operates in 16 countries on four continents and
employs about 23,000 people.  Elcoteq's consolidated net
sales for 2006 totaled 4.3 billion euros (over 5 billion
USD). Elcoteq SE is listed on the Helsinki Stock Exchange. 
Elcoteq has been member of the WIMAX Forum since 2004.  For
more information, please visit http://www.elcoteq.com .
 
    About Telsima Corporation

    Telsima Corporation ( http://www.telsima.com ) is the
leading developer and provider Mobile WiMAX and WiMAX
certified Broadband Wireless Access (BWA) solutions.  Its
leadership is attested by 100'000 WiMAX modems and 10'000
base station sectors shipping in 2007. The company has
garnered multiple Tier I operator wins in India and abroad
supported by multi-year, multi-million dollar contracts. 
Telsima's award-winning, innovative technologies offer
service providers economic advantages, new business models
and more capital efficient network investment profiles. 
The company's products are compliant with IEEE 802.16-2004,
802.16e-2005 and WiMAX Forum ASN specifications.  Telsima is
backed by leading Silicon Valley investors, including,
NewPath Ventures, CMEA Ventures, New Enterprise Associates,
JAFCO Asia, Intel Capital and other strategic investors. 
Telsima's headquarters are in Sunnyvale, California, with
offices in New Delhi, Mumbai, Bangalore and Ljubljana.


    For more information:

     Tuula Hatakka
     Senior Vice President, Treasury
     Communications and Investor Relations

     Mr. Anssi Korhonen, President
     Elcoteq Asia-Pacific
     Tel: [phone]

     Ms. Tuula Hatakka, Senior Vice President, Treasury
     Communications & IR
     Tel: [phone]