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>> MINISTER RIK DAEMS IMPRESSED BY OPTION’S CAPABILITIES IN GPRS AND 3G UMTS DEMONSTRATED DURING HIS VISIT TO THE COMPANY’S HEADQUARTERS


  FOR RELEASE: MONDAY, MAY 5TH, 2003

LEUVEN, BELGIUM – May 5th 2003 – The Belgian Minister of Telecommunications, Rik Daems visited today the Leuven Headquarters of Option (Nasdaq Europe: OPIN), the leading supplier in wireless data communications solutions.
After Option’s corporate presentation, the company demonstrated to his Excellency Minister Daems how Option’s high speed 3G UMTS technology transforms mobile data applications for professional users. The demonstration was conducted using Options 3G UMTS GlobeTrotter PC data card, which is being developed in cooperation with Lucent Technologies. Demonstrations included an example of fast and secure mobile e-government applications as well as live video streaming and Internet web browsing.

“My visit to the Option’s headquarters underscores my respect for the Option team members and their technological achievements. I am pleased to see the adoption and deployment of Option’s products by the global mobile operator market delivering fast and secure mobile data solutions, now in GPRS and shortly also in UMTS”, said the Minister Rik Daems. “Option is a prime example of a dynamic Belgian high tech company with a mix of innovation, technological skills and flexibility that is able to establish long term partnerships with international power houses such as HP, Lucent, Vodafone, T-Mobile, Orange, China Mobile and others. I’m pleased to have created during the past years the appropriate environment for successful innovation in the Belgian telecom world.”

“The visit of Minister Daems to our headquarters” commented Jan Callewaert, President and CEO of Option, “is a honor for the whole company, its Board of Directors and its management. Together they conducted Options strategic repositioning over the last years and they have built a sustainable business based on leading edge products and solid customer partnerships.”
Concluding his visit Minister Daems was presented with a “Special Edition” Option GlobeTrotter GPRS data card by Jan Callewaert marking the production of the 150,000th GlobeTrotter wireless data card.


About Option - "Wireless Technology"- NASDAQ Europe: OPIN

Option is the leading innovator in wireless communications. The company specialises in the design, development and manufacture of GSM, GPRS, WLAN, and 3G UMTS technology products for wireless connectivity solutions. Option has built up an enviable reputation for creating exciting new 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) and an ISO 9002 production engineering and logistics facility in Cork, Ireland.
More information can be found at www.option.com

Press contact:
Frederic Convent,
CFO & General Counsel
Tel +32 (0)16 317 411
investor@option.com

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