Esmertec Shareholders Approve Increase of Conditional Capital

Esmertec™ (SWX:ESMN), leading edge provider of software platforms, applications and services to communications device manufacturers and mobile telecom operators, is pleased to announce that shareholders approved the proposal put forward by the Board of Directors at its Extraordinary General Meeting (EGM) today. 866 shareholders participated or were represented at the EGM, representing 62% of the total issued share capital. Shareholders have taken note of the changes on the terms and conditions of the Company’s outstanding convertible bonds. 98.5% of shares represented at the EGM voted in favor of the increase in conditional share capital by CHF 92,096.60, representing 920,966 new shares leading to a dilution of 4.2% (of issued share capital plus conditional and authorized capital as per the Articles of Incorporation). These endorsements allow Esmertec to conclude the announced early conversion of 81% of the outstanding convertible bonds into Esmertec registered shares at a conversion price of CHF 10.00 per share. About Esmertec Esmertec is a focused provider of software and services to communications device manufacturers and mobile telecom operators. The company provides software platforms that enable the deployment of content and applications in devices and over servers. Customers include mobile telecom operators and manufacturers of mobile handsets, set-top boxes and interactive televisions. Esmertec's software and service capabilities excel with their reliability as well as fast and local execution. Founded in 1999, Esmertec is headquartered in Zurich, Switzerland with subsidiaries in China, France, Japan, South Korea, and the USA, and offices in Taiwan and the UK. Since 2005, Esmertec is listed on the SWX Swiss Exchange (ESMN). Esmertec is a founding member of the Open Handset Alliance. www.esmertec.com Esmertec and Jbed are trademarks of Esmertec AG. Java is a trademark of Sun Microsystems Inc. Other company, product and service names may be trademarks of their respective owners