Gatespace Signs Deal with Volvo

Gatespace Signs Deal with Volvo Gatespace's Distributed Service Platform to Boost Volvo Infotronic Solutions Gothenburg, Sweden - June 7, 2001 - Gatespace, a provider of open standards based distributed service platforms for designing, developing, and delivering network-based services, announced today that Volvo Technological Development, VTD, has signed a general Development Software License Agreement with Gatespace. VTD is planning to use Gatespace's OSGi based (Open Services Gateway Initiative) service platform for building infotronic solutions into future generations of Volvo vehicles. Gatespace's platform will be used to bridge between the outside world of OSGi services and the vehicle internal MOST (Media Oriented System Transport) bus, which is used to distribute services within the vehicle. "Volvo Technological Development is working in a partnership with Volvo Car Corporation, who is also recognized as the telematics technology leader within Ford. On the commercial side Volvo Technological Development is working as partner to Volvo Global Trucks, a market leader in telematics applications in the commercial transport market", says Staffan Truvé, founder and CEO of Gatespace. "In signing an agreement to start developing services based on our software platform, Volvo further reinforces our position as the technology leader in this space. We also see this as an important initial step for introducing OSGi into the automotive industry and eventually establish OSGi as a de facto standard for in-vehicle gateways. We are excited that Volvo has chosen to work with us, and are looking forward to support them in their efforts to develop a variety of network based services for the automotive market." "Telematic and infotronic services for the automotive segment is a fast growing market, and by using Gatespace's OSGi platform as a basis for our development work, we can stay ahead of competition in this constantly developing market", says Ted Kruse, head of department Electronics & Software. "MOST is already a widely accepted standard in the automotive industry, however it solves only the transmission of information inside the car. Gatespace's distributed service platform will provide a means for distributing a variety of external services and media to the cars. In this respect Gatespace's focus on OSGi based solutions makes them an ideal partner for us." About Gatespace Gatespace provides open standards based distributed service platforms for designing, developing, and delivering network based services. Gatespace products are designed to be compliant with OSGi (Open Services Gateway Initiative), and support full interoperability between service providers, network operators, and service gateway manufacturers. This provides for secure and reliable end-to-end services for consumers on the residential markets, among others. Gatespace was founded jointly by Ericsson and the Swedish research company CR&T, and is privately funded by Ericsson, Morgan Stanley Dean Witter, Fuqua Venture Partners, European Equity Partners, Pythagoras Participations, T-bolaget and Bure Equity and CR&T. The company is based in Palo Alto, CA and Gothenburg, Sweden. Visit www.gatespace.com for more information. About Volvo Technological Development (VTD) Volvo Technological Development (VTD) is an innovation company that, on contract basis, develops new technology, new product and business concepts for "hard" as well as "soft" products within the transport and vehicle industry. Primary customers are the Volvo Group companies and Volvo Car Corporation but also some selected suppliers. In addition, VTD participates in national and international projects in certain strategic areas, organized in common research programs, involving universities, research institutes and other companies. R&D work involves a number of basic areas, e.g. transportation, telematics, internet applications, data-bases, ergonomics, electronics, combustion, mechanics, industrial hygiene and industrial processes. Visit www.tech.volvo.se for more information. About OSGi The OSGi is a non-profit corporation formed to provide a forum for the creation of open specifications for the delivery of multiple services over wide-area networks to local networks and devices, and to accelerate the demand for products and services based on these specifications worldwide through the sponsorship of market and user education programs. The San Ramon, California, USA-based consortium comprises more than 80 member organizations from around the globe. Membership is open to any interested party, including Internet Service Providers, Network Operators, Original Equipment Manufacturers, Independent Software Vendors, end users, academic institutions, government agencies, and non- profit organizations. Visit www.osgi.org for more information. For more information please contact: Staffan Truvé, 011.46.70.593.3885, truve@gatespace.com Birgitta Elm-Dahlman, 011.46.70.661.3094, birgitta@gatespace.com Ulf Corné, 1.650.714.1920, ulf.corne@gatespace.com Theresia Qwist, 1.415.908.0444, tqwist@pr-vantage.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.bit.se/bitonline/2001/06/07/20010607BIT00460/bit0003.doc http://www.bit.se/bitonline/2001/06/07/20010607BIT00460/bit0003.pdf

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Gatespace provides open standards based distributed service platforms for designing, developing, and delivering network based services. Gatespace products are designed to be compliant with the OSGi (Open Services Gateway initiative standard.

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