21st May 2008

Qualcomm makes strategic investment in ip.access

Cambridge, UK, 21 May 2008 – ip.access (http://www.ipaccess.com/), the multi-award winning developer of femtocell and picocell solutions, today announced that Qualcomm Incorporated has made a strategic investment in the company as part of Qualcomm’s European investment fund. Terms of the investment were not disclosed.

Qualcomm joins existing investors – Cisco, Intel Capital, ADC, Motorola Ventures, Scottish Equity Partners, Rothschild Gestion and Amadeus Capital Partners – to provide funding support for ip.access’ breakthrough Oyster 3G™ femtocell system.  The Oyster 3G uses a residential broadband connection to deliver a high-quality 3G signal in the home, and is currently being trialled by major network operators worldwide.

ip.access is also behind the world’s most deployed picocell system, which is used in more than 35 mobile networks around the world to provide coverage and capacity in offices, shops and other buildings.  The company also recently announced a future 3G picocell system.

“As one of the world’s leading wireless technology companies, Qualcomm brings expertise that complements our own unique understanding of cellular-over-IP,” said Stephen Mallinson, CEO of ip.access.  “Their knowledge and industry experience will help us unleash the power of the mobile phone using indoor connectivity,” he said. “We aim to facilitate new and exciting mobile phone-based services that otherwise wouldn’t and couldn’t work indoors.”

“3G femtocells will have a very important role in future mobile network architecture,” said Frederic Rombaut, head of Qualcomm Ventures Europe, “ip.access has an innovative approach to the 3G femtocell market that will enable our customers to enhance the delivery of 3G services to mobile users.”

ip.access was recently selected as a Red Herring 100 Global Award winner, following numerous awards during 2007 for its Oyster 3G femtocell, including a Global Mobile award for ‘Best Radio Access Product’ and a World Communication Award for ‘Best Technology Foresight.’

About ip.access

Based in Cambridge, UK, ip.access ltd (www.ipaccess.com) is a leading manufacturer of cost-effective picocell and femtocell infrastructure solutions for GSM, GPRS, EDGE and 3G. These solutions bring IP and cellular technologies together to drive down costs and increase coverage and capacity of mobile networks.

ABI Research ranks ip.access as the world’s number 1 picocell vendor; its nanoGSM® and nano3G™ picocell solutions provide 2G and 3G coverage and capacity for offices, shops and (using satellite backhaul) passenger aircraft, ships and remote rural areas. nanoGSM is the world’s most deployed picocell, with live installations in more than 50 networks around the world and growing.

ip.access is also the company behind the multi-award winning Oyster 3G™ femtocell technology, which dramatically improves the user experience for 3G services at home.

ip.access counts Scottish Equity Partners, Rothschild Gestion, Intel Capital, Amadeus Capital Partners, ADC, Cisco, Qualcomm and Motorola Ventures among its shareholders.

FOR FURTHER INFORMATION PLEASE CONTACT:
Paul Nolan / Alex Sowden
Paul.Nolan@the-cc-group.com / alex.sowden@the-cc-group.com
CCgroup
T: +44 118 9395900
E : ipaccess@ccgrouppr.com

Distributed on behalf of ip.access by NeonDrum
Nicky Davis
Tel:             +44 7747017654       
nicky@neondrum.com
http://www.neondrum.com