Parrot

M&A Activity • Apr 7, 2011

Parrot announces its partnership with e.solutions GmbH.

Paris, April 7th, 2011 - Parrot, leader in wireless peripherals for mobile phones, announced today that its connectivity solutions will be part of the upcoming "MIB High" platform for Audi vehicles.

Parrot contributes to the high-end multimedia solution implemented by e.solutions GmbH, a joint venture of carmaker Audi and equipment manufacturer Elektrobit (www.esolutions.de).

The features Parrot brings to it are part of Parrot's FC6050 platform (« Full Connectivity »). It includes Internet access via 3G+ using either the car's built-in modem or a mobile phone as a Bluetooth modem.

Internet access can be shared within the vehicle over WiFi, letting passengers go online with their laptops or tablets.

This Wi-Fi local connectivity also lets drivers play multimedia files located on a mobile phone or laptop (movies, music, photos…).

FC6050 offers various other innovative features such as the seamless, multisource, voice-controlled management of music files, the synchronization of emails and calendars, and a new generation of signal processing algorithms.

Besides, it expands Internet access to USB dongle modems and mobile phones via USB or WiFi connections.

« Parrot is proud to partner with e.solutions (www.esolutions.de/partner) in supplying its connectivity solutions to premium Audi vehicles. » said Eric Riyahi, Parrot's Executive VP. « We shall keep investing and offering easy-to-integrate, Plug & Play Internet access. The FC6050 module is part of a new, more powerful, generation of Parrot ASIC with richer acoustic, multimedia and Internet connectivity capabilities. »

ABOUT PARROT

Parrot, a global leader in wireless devices for mobile phones, stands on the cutting edge of innovation. The company was founded in 1994 by Henri Seydoux as part of his determination to drive the inevitable breakthrough of mobile phones into everyday life by creating high-quality, user-friendly wireless devices for easy living. Parrot has developed the most extensive range of hands-free systems on the market for cars, motorbikes and scooters, including wireless multimedia products geared towards audiovisual applications. In 2008, Parrot launched a new prestige line of high-end products bearing the hallmark of renowned artists. Parrot, headquartered in Paris, currently employs more than 500 people worldwide and generates most of its sales overseas. Parrot is listed on NYSE Euronext Paris since 2006 (FR0004038263 – PARRO).

For more information: www.parrot.com / www.ardrone.com / www.parrotoem.com

CONTACTS

Analyst and investor relations Marie Ein T: +33(0) 1 53 65 68 68 parrot@calyptus.net

Medias Vanessa Loury T +33 (1) 48 03 60 58 Vanessa.loury@parrot.com