Elcoteq, EASTERN Telecom License RapidPLUS MMI Development Software

1/21/2004 - e-SIM Ltd. (OTCBB: ESIM.OB), a leading provider of MMI solutions for electronic products, announced that Elcoteq, Europe's largest electronic manufacturing services (EMS) company, and EASTERN Telecom, one of Korea's most creative original device manufacturers (ODMs) have licensed RapidPLUSTM technology incorporated in Motorola's (NYSE: MOT) i.250 2.5G Innovative Convergence Platform. The i.250 platform is a comprehensive silicon-to-software solution for 2.5G GSM/GPRS wireless handsets.

Elcoteq and EASTERN Telecom plan to rapidly develop their customers' advanced wireless handsets for delivery of voice and high-speed data services using the i.200 and i.250 platforms for 2G and 2.5G mobile devices.

As part of this agreement, Elcoteq and EASTERN Telecom both licensed the RapidPLUSTM CODE development and code generation tool, as well as its State Machine Runtime Engine, which will be incorporated in their handsets.

RapidPLUSTM technology enables Elcoteq, EASTERN Telecom and other Motorola customers to save significant development time and cost and enables the development of derivative platforms and implementation of changes with minimal effort. In addition, simulations created with RapidPLUSTM can be used to facilitate demonstration, marketing, training and customer support activities as well.

Elcoteq Network Corporation is the largest European electronics manufacturing services (EMS) company and one of the global leaders in its field. Elcoteq focuses on communications technology products and provides globally end-to-end solutions consisting of design, NPI, manufacturing, supply chain management and after-sales services for the whole lifecycle of its customers' products especially in the communications technology sector. The company operates on three continents in 12 countries and it has over 10,000 employees. Elcoteq's consolidated net sales in 2002 totaled €1,840M. Elcoteq Network Corporation is listed on the Helsinki Exchanges. More information about the company can be found at www.elcoteq.com.

EASTERN Telecom specializes in wireless solutions for telecommunications and multimedia businesses, based on its core technology portfolio of mobile architecture design, R/F processing, and digital A/V data processing. EASTERN Telecom's research and development expertise enables the development of world-class products, including chipset platforms, integrated firmware and drive packages and complete hardware, software and PCB architectures. For more information, see www.easterntelecom.co.kr.

About e-SIM
Founded in 1990, e-SIM Ltd. (http://www.e-sim.com/) is a major provider of MMI (Man-Machine Interface) solutions for wireless and electronic products. e-SIM's MMI solutions are used by a wide range of wireless and electronic consumer goods manufacturers as well as by makers of aerospace and military equipment.

e-SIM's RapidPLUSTM line of software products enables product designers and engineers to expedite new products' concept-to-market chain by easily creating simulated computer prototypes that are fully functional, and automatically generating C code from them to be used in the actual product.

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