TMN Uses Option's Gateway

LEUVEN, Belgium -- Option N.V. (Euronext: OPTI, OTC: OPNVY), the wireless technology company, today announced that TMN has chosen the Company's wireless broadband router, the GlobeSurfer® 3G. The network operator will market the GlobeSurfer® 3G as part of its mobile Internet access solutions tailored to individual and professional needs.

TMN is a subsidiary of the Portugal Telecom Group and the leading mobile telecommunications provider in Portugal, with more than 5 million customers. Investing in the ongoing diversification of solutions, TMN makes technological innovation and orientation towards the client drive its overall activity, supported by constant investments to strengthen the network coverage and the quality of service. TMN has a history of leading the mobile market in Portugal with attractive, advanced services.

The GlobeSurfer® 3G is a broadband wireless router that facilitates a gateway between a Wide Area cellular network (UMTS or GPRS technologies) and a Local Wireless Wi-Fi network. Any PC, laptop or hand-held computer device being equipped with WLAN is able, through use of the Wireless Router "Gateway", to simultaneously share a single cellular wireless connection and gain broadband access to the Internet. The product, with inbuilt comprehensive security and authentication mechanisms, is focused on mass deployment of Internet connectivity services using the data capabilities of today's 3G UMTS networks.

Designed with ease of use in mind the GlobeSurfer® 3G is characterized by its simplicity, including a web-based user interface. In addition to the functions typical of wireless routers it provides many extra features which make it a perfect solution for a SOHO/SME requiring fixed-mobile access to the Internet, Email, and the Corporate Intranet. The product enables mobile network operators to enhance their service offerings and take advantage of the business opportunities in this emerging mobile market.

Option NV (Euronext: OPTI; Nasdaq Europe: OPIN)