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  OPENWAVE PHONE SOFTWARE SHIPS IN HALF A BILLION PHONES
 

  Industry Milestone Reached Through Phone Software Technology Advances; Data Adoption Increases Through Better User Experience
 
CANNES, France & REDWOOD CITY, Calif. - February 23, 2004 -- Openwave Systems Inc. (Nasdaq: OPWV), the leading provider of open software products and services for the communications industry, today announced it has achieved a new industry milestone by shipping its half a billionth unit of phone software for mass market data phones. The company also noted resurgence in WAP usage and an increase in handset manufacturer demand for its messaging client technologies that allows mobile operators to perfect the user experience into a broader array of new data services.

Openwave data phone software enables operators and manufacturers to offer end users improved, differentiated, customized and easy-to-use services for the mass market. Today Openwave phone software is shipping in some of the world's most popular and feature rich data phones including the Siemens MC60 and CX65, the Vodafone live! Sharp GX10 and GX20, the Sagem myX-6, and the LG 5350. Additionally, Openwave® Mobile Messaging Client software has more than 18 manufacturers adopting the company's messaging technology with over 45 phone models on or coming to market.

"This is a wonderful milestone for Openwave and a hallmark of the importance of our phone software in the industry," said Thomas Reardon, vice president and general manager, Client Software, Openwave. "With overall improvements in the user experience, our phone software is thriving and has become the core component between the device and its applications. Because customers continue to choose Openwave's market leading technology, we retain over 50% market share in mobile browser shipments and ship our software in over 50 million phones per quarter."

Phone Software Technology Thrives
Today data phone software technology is moving far beyond the early stages of WAP and into the mainstream segments of the mobile sector. Recent reports from the Mobile Data Association suggest that WAP page impressions reached 8 billion by the end of 2003. This number is expected to increase as consumer demand increases for downloads, games, and services enabled by Openwave phone software. Built on open standards, the latest iteration of Openwave phone software is Openwave® Phone Suite Version 7 (V7). Openwave Phone Suite V7, shipping on phones this year, is a standards-based middleware platform and modular suite of phone applications designed to drive mobile data usage by providing a common user experience across services. It enables operators and phone manufacturers to rapidly integrate popular applications; cost-effectively add new phone functionality and third-party applications; and deliver customized, differentiated services and phones.

About Openwave
 
Openwave Systems Inc. (Nasdaq: OPWV) is the leading independent provider of open software products and services for the communications industry. Openwave's breadth of products, including mobile phone software, multimedia messaging software (MMS), email, location and mobile gateways, along with its worldwide expertise enable its customers to deliver innovative and differentiated data services. Openwave is a global company headquartered in Redwood City, California. For more information please visit www.openwave.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 our software; (d) the willingness of communication service providers to invest and improve their data networks; (e) the ability to successfully partner with other companies; (f) the ability to acquire additional companies and technologies and integrate such acquisitions; (g) increased global competition; (h) technological changes and developments; and (i) general risks of the Internet and wireless and wireline telecommunications sectors.

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 the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2003, and any subsequently filed reports. 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 and the Openwave logo are trademarks of Openwave Systems Inc. All other trademarks are the properties of their respective owners.

For further information:
 
Contact Openwave Worldwide Public Relations

  



 
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