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Deal Follows Last Month’s $32 Million Acquisition of Openwave Browser Business Chambéry, France – July 31, 2008 – Purple Labs, the leading software provider for mass-market mobile phones, announced today that it has signed a memorandum of understanding to acquire the mobile applications suite and software engineering team of Sagem Mobiles, a French manufacturer that develops mobile phones brande..

Openwave Systems said today it was selling its mobile browser and messaging business to Purple Labs, a supplier of Linux for mass-market 3G phones, for $32 million in cash and the right to purchase up to 2 percent of Purple Labs’ stock. The purpose of the sale is to allow Openwave (NSDQ: OPWV), which has been restructuring its business, to focus on innovation and growing profitably, said Bruce C..