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Parrot Opens an OEM Office in Japan

DETROIT, Jan. 30 PRNewswire — Parrot, a leader in wireless peripherals around the mobile phone, announced today the opening of a Tokyo liaison office dedicated to supporting its OEM customers in Japan.

Parrot provides automotive connectivity solutions including Bluetooth(R) telephony, echo-cancellation and noise reduction, USB connectivity and voice recognition to major audio equipment manufacturers. The company's Tokyo office will provide local technical support in order to facilitate the integration of Parrot technology into new audio platforms being developed in Japan.

"Local presence is critical to provide the best support for our Japanese customers and accelerate our growth in a region where important manufacturers provide multimedia solutions to the rest of the world," said Eric Riyahi, OEM Executive Director of Parrot.

Parrot is strengthening its local technical presence with an application engineering team which will work directly with Parrot's customers during their new platforms' development phase.

Audio equipment manufacturers are located around the world, and Parrot Japan will work closely with other Parrot OEM offices already set up in Detroit, Paris, Hong-Kong and Shanghai.

For further information about Parrot OEM activities, please visit our website www.parrotoem.com.

ABOUT PARROT

Founded in 1994, Parrot quickly climbed its way among the world's leading players in wireless devices for mobile phones. Drawing on its proven expertise in voice recognition and signal processing technologies, Parrot was one of the very first companies to produce in-car hands-free telephony equipment using the Bluetooth(R) standard, having recognised its tremendous potential as far back as 1999. It sold nearly three million product units in 2006.

As part of its determination to increase the inevitable inroads made by wireless devices into everyday life, Parrot has been developing a new range of wireless audio and visual products since 2006.

Parrot today is especially active in the international arena, both in terms of its customers, with 90.5% of its sales registered outside France, and production, which is subcontracted to a carefully handpicked group of partners who are closely monitored to ensure the best level of quality and the fastest response time. Parrot is currently well positioned to leverage the incredible future in store for mobile telephony devices.

Parrot has registered a high level of its growth in its consolidated turnover, rising from 80.9 million euros pro forma in 2005 to 166.9 million euros in 2006.

www.parrot.com

Euronext Paris - Eurolist, Compartment B: FR0004038263 - PARRO

(R) The Bluetooth trademark and logos are owned by the Bluetooth SIG, Inc. and any use of such trademarks by Parrot S.A. is under licence. Other trademarks and trade names are those of their respective owners.

All rights reserved. The Parrot brands featured in this document are the exclusive property of PARROT. All other brands are the property of their respective owners and are used under licence by PARROT.

SOURCE Parrot

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