Elcoteq SE Press Release October 17, 2007 at 3.15 pm (EET) ELCOTEQ BECOMES TELSIMA'S GLOBAL MANUFACTURING PARTNER FOR WIMAX SOLUTIONS 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. ELCOTEQ SE Tuula Hatakka Senior Vice President, Treasury, Communications and Investor Relations For more information: Mr. Anssi Korhonen, President, Elcoteq Asia-Pacific, tel. +852 6392 0566 Ms. Tuula Hatakka, Senior Vice President, Treasury, Communications & IR, tel. +358 10 413 1808 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 www.elcoteq.com. About Telsima Corporation Telsima Corporation (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.