Option: trading update 3rd quarter 2011

Option, the wireless technology company, announced that during the third quarter of 2011 the company generated a revenue of EUR 11.3 million compared to EUR 10.3 million in the third quarter of 2010. Product related revenues respresented EUR 4.2 million and software & license revenues represented EUR 7.1 million of total third quarter 2011 revenues.

The company reports a positive EBITDA of EUR 1.3 million for the third quarter of 2011. The company expects revenues in the second half of 2011 to be in line with those of the first half.

Media Contact:

Jan Smits, CFO
Gaston Geenslaan 14
B-3001 Leuven, Belgium

Tel: +32 (0) 16 31 74 11
Fax: +32 (0) 16 31 74 90
E-mail: investor@option.com



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