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  SIEMENS LICENSES OPENWAVE MOBILE BROWSER VERSION 7
 

  Openwave Enables Siemens To Deliver Powerful New Family of Phones Designed to Perfect the User Experience
 
REDWOOD CITY, Calif. - May 10, 2004 -- Openwave Systems Inc. (Nasdaq: OPWV), the leading provider of open software products and services for the communications industry, today announced that Siemens has licensed Openwave Mobile Browser Version 7 (V7), the flagship application from Openwave Phone Suite Version 7, for its Siemens 65 series of handsets which are expected to ship in Europe in the middle of this year.

Openwave Phone Suite V7 enables manufacturers like Siemens to deliver differentiated and uniquely integrated user experiences that drive adoption of advanced data services. The V7 browser represents an advance in mobile browsing technology, including significant developments in page rendering and customization.

"With more than half a billion phones powered by Openwave software and over 50 percent market share, Openwave is a clear leader in mobile browser technology," said Rob Williams, general manager of the client product group at Openwave. "It is fitting that an innovator like Siemens would lead the market by bringing this advanced browsing technology into its portfolio."

About Openwave Phone Suite V7
 
Several leading phone manufacturers have licensed and plan to utilize Openwave Phone Suite V7 in phones scheduled to ship during this year. The suite provides a one stop solution for meeting carrier requirements for browsing, client provisioning, download, digital rights management, multimedia messaging, email, synchronization, file management, device management, instant messaging, and mobile location. V7 also features groundbreaking user interface capabilities allowing operators and manufacturers to harness the power of the phone, innovating on top of core mobile data technologies to deliver custom experiences and new value added data services for end users.

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 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; (b) 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; (c) the ability to successfully partner with other companies; (d) increased global competition; (e) technological changes and developments; and (f) 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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