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Option N.V. Gaston Geenslaan 14 3001 Leuven, Belgium http://www.option.com
Contact Mr Jan Poté +32 475 92 55 82
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Option N.V.

European Commission opens investigation for subsidized WWAN modem imports

(PresseBox) (Leuven, )
Option (Euronext: OPTI; OTC: OPNVY), the wireless technology company, notes that today the European Commission has opened an antisubsidy investigation for imports of wireless wide area networking (WWAN) modems from China. Option had requested the investigation because of the severe injury caused by the sharp increase of obviously subsidized imports into the European market.

As announced in its First Half 2010 financial results Option had filed an antisubsidy complaint with the European Commission based on Article 10 of the EU antisubsidy legislation (Council Regulation 597/2009) for imports of subsidized wireless wide area networking (WWAN) modems.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.