Option appoints Philippe Rogge to new role of Chief Operating Officer

Leuven, (PresseBox) - Option N.V. (EURONEXT Brussels: OPTI; OTC: OPNVY), the wireless technology company, today announced a significant strengthening of its management and organizational structure with the appointment of Philippe Rogge as the company's first Chief Operating Officer.

Philippe joins Option from Belgacom Group where he was most recently Vice President Business Development & Planning. During seven years at Belgium's largest telecommunications company, Philippe held a series of senior strategic and operational roles all reporting to members of the Group's Executive Management Committee. Earlier in his career, he gained considerable financial management and IT experience in the shipping and petro-chemical industries.

Philippe earned his masters degree from the University of Ghent and also holds post-graduate qualifications from the Vlerick School of Management and INSEAD. In his leisure time, Philippe is a keen yachtsman who represented Belgium on an international level. He combines his organizational skills with his passion for sport as a board member of the Belgian National Olympic Committee.

Philippe will formally join Option in January 2009 and will report directly to the CEO. He will oversee Sales, Operations and Marketing and will assume overall responsibility for the delivery of all aspects of Option's value proposition to the wireless markets.

"This is a really exciting time to be joining a global company that is at the forefront of the design, development and manufacture of the solutions that underpin the rapidly expanding mobile broadband industry," said Philippe Rogge.

"This is a natural step in the further evolution of the company. Option has grown to a size where our Board of Directors feel a clearer separation between strategic and operational responsibilities will truly benefit our customers, investors and employees," said Option CEO, Jan Callewaert. "This senior appointment demonstrates our confidence in Option's prospects while providing extra management bandwidth for myself to work on the future strategy of the company and to evaluate new opportunities."

Option N.V.

Option, the wireless technology company, is a leading innovator in the design, development and manufacture of 3G HSUPA, HSDPA, UMTS, EDGE, and WLAN technology products for wireless connectivity solutions. Option has built up an enviable reputation for creating exciting products that enhance the performance and functionality of wireless communications. Option's headquarters are in Belgium (Leuven). The company has Research & Development in Belgium (Leuven) and Germany (Düsseldorf and Augsburg), and an ISO 9001 production engineering and logistics facility in Ireland (Cork). Option also has offices in Europe, US, Asia, Japan and Australia. For more information please visit www.option.com.

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