SOURCE: Ericsson North America

August 11, 2009 11:13 ET

San Jose Mayor Chuck Reed to Open Ericsson Silicon Valley Campus

NEW YORK, NY--(Marketwire - August 11, 2009) - On Tuesday, August 11th, Ericsson will officially open its Silicon Valley campus and Experience Center. Ericsson Silicon Valley represents the fifth wave of innovation for the Valley -- Silicon Valley 5.0* - the convergence of the Internet with Mobile Broadband. Ericsson's new campus is driving research and development in broadband, mobility and IP - the key elements for taking the Internet mobile.

"Ericsson's business and technology leadership in the telecom industry is a valuable asset to the Silicon Valley. The opening of the company's 4-building R&D and Office campus in North San Jose's Innovation Triangle pays tribute to the immense concentration of talent and innovation in the region," said San Jose Mayor Chuck Reed. "Ericsson will help drive the next stage of growth and contribute to our reputation as the Capital of Silicon Valley. We welcome Ericsson to our community and wish its employees, operators and partnersevery success in their efforts."

Ericsson's Silicon Valley campus represents the latest investment by Ericsson in North America, following the company's announcements that it won a landmark seven year $5B managed services contract for Sprint and its recent bid for Nortel Networks' CDMA and LTE wireless business.

WHO:

San Jose Mayor Chuck Reed, President and CEO of Ericsson Carl- Henric Svanberg, and other dignitaries.

WHAT:

Ericsson Silicon Valley campus and Experience Center opening, "fiber" ribbon cutting and press conference.

WHERE:

Ericsson Silicon Valley Campus
200 Holger Way
San Jose, CA 95134

WHEN:

Tuesday, August 11th from 12:00 pm - 2:00 pm

* Silicon Valley 1.0 (Chips), Silicon Valley 2.0 (PCs), Silicon Valley 3.0 (Internet), Silicon Valley 4.0 (Social networking)

Ericsson's multimedia content is available at the broadcast room: www.ericsson.com/broadcast_room

Ericsson is the world's leading provider of technology and services to telecom operators. Ericsson is the leader in 2G, 3G and 4G mobile technologies, and provides support for networks with over 1 billion subscribers and has a leading position in managed services. The company's portfolio comprises of mobile and fixed network infrastructure, telecom services, software, broadband and multimedia solutions for operators, enterprises and the media industry. The Sony Ericsson and ST-Ericsson joint ventures provide consumers with feature-rich personal mobile devices.

Ericsson is advancing its vision of "to be the prime driver in an all-communicating world" through innovation, technology, and sustainable business solutions. Working in 175 countries, more than 75,000 employees generated revenue of SEK 209 billion (USD 32.2 billion) in 2008. Founded in 1876 with the headquarters in Stockholm, Sweden, Ericsson is listed on OMX NASDAQ, Stockholm and NASDAQ New York.

www.ericsson.com

www.ericsson.mobi

www.twitter.com/ericssonpress


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