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  TELEFONICA MOVILES AND OPENWAVE DEVELOP WORLDWIDE STRATEGIC MOBILE INTERNET COLLABORATION
  

  Both companies plan to jointly develop a Competence Center to drive the creation of new products and services and consumer adoption of the mobile Internet
 
REDWOOD CITY, Calif. - September 19, 2001 -- Telefónica Móviles, one of the leading Mobile Operators worldwide, and Openwave (Nasdaq: OPWV), the global leader of Open IP-based communication infrastructure, software and applications, yesterday agreed to collaborate to leverage the experiences and knowledge of both companies in the mobile Internet world.

This cooperation will allow Telefónica Móviles to gain access to Openwave’s technology, software and products in order to develop Mobile Internet services, which could be used for the operators of the Telefónica Móviles international group. Openwave will reinforce its product offer and leadership through this strategic and commercial collaboration with one of the world’s major Mobile Telephone companies.

Openwave will provide and integrate into Telefónica Móviles networks worldwide, a series of products that Telefónica Móviles will use for the development of their Mobile Internet Services. Openwave’s technology will allow the enrichment and consolidation of services such as WAP access, downloading of tones, images and calendar, location applications and e-mail accessible from mobile phone, amongst others. This cooperation demonstrates both companies’ commitment to the GSM Association’s M-Services initiative that was created to accelerate deployment and adoption of mobile Internet services within the GSM community. Telefónica Móviles will strengthen its leadership position in the development and offer of new innovative mobile Internet services.

The companies plan to set up a Competence Center in Madrid, exclusively dedicated to test and enhance Openwave’s products to meet Telefónica Móviles requirements, to experiment with new technologies and share experiences in order to improve the products. The two companies intend to contribute their technological capacity and manpower to this Competence Center to obtain the maximum benefit from this collaboration.

“At Openwave, we recognize that we must work closely with our customers to deliver market-leading technologies, and to identify industry best practices to maximize the success of our customers and the mobile Internet. This relationship with Telefónica Móviles exemplifies Openwave’s dedication to the GSM Association’s M-Services initiative, ” said Mike Mulica, senior vice president, Office of Customer Operations for Openwave. “We look forward to working closely with Telefónica Móviles to assist in promoting the growth of their Internet services.”

Ignacio Aller, chief technology officer of Telefónica Móviles, affirmed that “with this accord, Telefónica Móviles takes a determined step towards establishing a strong relationship with one of the Technological leaders in Mobile Internet, which places us in a situation to offer our clients the most advanced services in the variety of sectors in which we operate.”


About Openwave
 
Openwave Systems Inc. (Nasdaq: OPWV) is the worldwide leader of open IP-based communication infrastructure software and applications. Openwave is a global company headquartered in Redwood City, California. For more information, please visit www.openwave.com.

About Telefónica Móviles
 
Telefónica Móviles (NYSE:TEM) is one of the world’s leading mobile telephone companies, with more than 27.5 million customers in 14 countries and a potential market of more than 434 million people. During the year 2000, Telefónica Móviles reported revenues of 7.401 billion euros, EBITDA of 2.451 billion euros and a net profit of 590.6 million euros. The company is already a market leader in Spain and Latin America and is developing a strategy of selective expansion in Europe and the Mediterranean Basin. For further information, visit our website: www.telefonicamoviles.com.


Cautionary Note Regarding Forward Looking Statements
 
This release contains forward-looking statements relating to expectations, plans or prospects for Openwave Systems Inc. that are based upon the current expectations and beliefs of Openwave’s management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. In particular, the following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: (a) the ability to realize our strategic objectives by taking advantage of market opportunities in the Americas, Europe, the Middle East, and Asia; (b) the ability to make changes in business strategy, development plans and product offerings to respond to the needs of our current, new and potential customers, suppliers and strategic partners; (c) risks associated with the development and licensing of software generally, including potential delays in software development and technical difficulties that may be encountered in the development or use of the Company’s software; (d) competition and technological changes and developments; (e) general risks of the Internet and wireless and wireline telecommunications sectors; and (f) the uncertain economic and political climate in the United States and throughout the rest of the world and the potential that such climate may deteriorate further.

For a detailed discussion of these and other cautionary statements, please refer to the risk factors discussed in filings with the U.S. Securities and Exchange Commission (“SEC”), including but not limited to Openwave's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2001, and December 31, 2000, Phone.com’s and Software.com’s most recently filed Annual Reports on Form 10-K, and Phone.com’s registration statement on Form S-4 as filed with the SEC on October 10, 2000. All documents also are available through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at www.sec.gov or from Openwave’s Web site at www.openwave.com. The Company assumes no obligation to update the forward-looking statements included in this document.


 
Openwave, the Openwave logo and Services OS are trademarks of Openwave Systems Inc. All other trademarks are the properties of their respective owners.

For further information:
 
Contact Openwave Worldwide Public Relations

Openwave Systems Inc.
Heidi Flato
+1 650 480 7895
heidi.flato@openwave.com

  



 
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