ARCHIVE 2005

Offer price for Esmertec shares set at CHF 18/share

NOT FOR DISTRIBUTION INTO THE UNITED STATES

First trading on SWX Swiss Exchange today

Duebendorf-Zurich, Switzerland – September 29, 2005 – Esmertec™, a leading global, independent developer of software solutions for mobile handsets and embedded devices, announced today that the offer price for its initial public offering on the main board of the SWX Swiss Exchange is set at CHF18 per share.

The banking syndicate, consisting of UBS Investment Bank, Deutsche Bank, Bank Sarasin and Bank Julius Bär, is placing a total of 5,450,000 registered shares, of which 5 million newly-issued shares are being offered by Esmertec and 450,000 shares are being offered by certain shareholders and members of senior management. The order book of demand was covered more than 6 times.

In addition, shareholders have granted the Joint Bookrunners, UBS Investment Bank and Deutsche Bank, an Over-Allotment Option (Greenshoe) to purchase up to an additional 815,000 secondary shares at the offer price, which is exercisable until November 2, 2005. The first trading day for Esmertec shares on the main board of the SWX Swiss Exchange is September 29, 2005.

About Esmertec
Esmertec is a leading provider of software solutions for mobile phones and embedded devices. Our high-performance solutions are delivered to chipset and embedded devices manufacturers in mobile and landline telecommunication, home-multimedia, machine-to-machine and consumer electronics markets. Engineered for smallness, Esmertec's wireless Java™ (Java ME™) solutions, mobile applications and components, and object-oriented software platform (OSVM™) are designed to extract maximum performance from hardware environments. Founded in 1999, Esmertec is a global company headquartered in Zurich, with engineering, sales and customer support operations in Switzerland, China, Denmark, France, Japan, Korea, Singapore, Taiwan, the UK and the USA.

www.esmertec.com

Contact
Leng Stricker-Wong
Phone +41 44 823 8954
lstricker@esmertec.com

This press release is not an offer of securities for sale in the United States. No securities may be offered or sold in the United States absent registration or an exemption from registration, and any public offer of securities to be made in the United States will be made by means of a prospectus that may be obtained from Esmertec AG. Such prospectus will contain detailed information about Esmertec and its management, as well as its financial statements. This press release is not being made and may not be distributed or sent into Australia, Canada or Japan.

This document is only directed at persons who: (i) are outside the United Kingdom; or (ii) have professional experience in matters relating to investments; or (iii) are persons falling within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc”) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (all such persons being together referred to as “relevant persons”). This press release must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this communication relates is available only to relevant persons and will be engaged in only with relevant persons.

The announcement is not an offer of securities under Swiss Law. It is not a listing prospectus according to art. 652a and/or art. 1156 Swiss Code of Obligations or art. 32 ff. Swiss Listing Rules and is not a listing notice according to art. 45 ff. Swiss Listing Rules.

Esmertec is a trademark of Esmertec AG. Java is a trademarks of Sun Microsystems, Inc. Other company, product and service names may be trademarks of their respective owners.