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Option N.V. Gaston Geenslaan 14 3001 Leuven, Belgium http://www.option.com
Contact Ms Yingying Li +44 7920 870500
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Option N.V.

Huawei & Option sign acquisition agreement for M4S

(PresseBox) (Leuven, Belgium / Düsseldorf, Germany, )
Huawei, a leader in providing next-generation telecommunications network solutions for operators around the world, and Option (Euronext: OPTI; OTC: OPNVY), the wireless technology company, today officially signed the agreement for the sale of M4S, Option's wholly owned 4G RF (Radio Frequency) semiconductor company, to Huawei.

Under this agreement, and in line with the terms of the announcement made on October 27th 2010, Huawei will acquire 100% of M4S' outstanding equity interests on a fully diluted basis. The transaction is part of the cooperation agreement announced last month by the two companies to facilitate the development of innovative mobile broadband
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