OPTION TO ACQUIRE “WIRELESS ROUTER” BUSINESS FROM POSSIO (SWEDEN)
Leuven - Belgium, October 20 2005 - Option N.V. (Euronext: OPTI, OTC: OPNVY), the wireless technology company, today announced that it has signed an agreement with Possio AB of Stockholm (Sweden) to takeover its Wireless Router business.The agreement includes the intellectual property rights governing the concept of a Wireless Router interconnecting wide area cellular access with local area wireless connectivity (Patent granted in Europe and the US), intangibles and tangible assets, as well as 11 employees currently dedicated to its Wireless Router business. The non-disclosed purchase price