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28th July,2004

Europe : ACCESS announced that COSMOTE, Greece's leading mobile operator, has selected a range of ACCESS technologies for use in all handsets deployed on its i-mode service launched on June 7th, including ACCESS' Compact NetFront browser, messaging client, Java Virtual Machine, and SSL client with full Greek language support. Devices available today include NEC's N331i, N400i and N410i Greek i-mode handsets as well as Panasonic's P341i Greek i-mode handset.

ACCESS' extensive experience in providing advanced browser technology solutions for mobile operators throughout Europe, Asia, and the Americas including NTT DoCoMo's phenomenally successful i-mode service ensures that COSMOTE subscribers will have an intuitive, useful, fun, and rich mobile Internet browsing experience. ACCESS developed Compact HTML, the i-mode protocol, and has been a key partner to DoCoMo in the global evolution of the i-mode service.

In addition to NetFront technology, ACCESS is providing COSMOTE with PC- based handset emulation software for redistribution to COSMOTE content partners. ACCESS' emulation software enables rapid development and testing of i-mode services and applications. By freeing content providers from the hardware and network constraints inherent to the use of real handsets for content development, ACCESS' emulation technology significantly speeds the creation of rich content services while guaranteeing a seamless end-user experience on targeted handsets.

"ACCESS has proven itself as the premier global provider of i-mode technology for mobile handsets," said Mr. Damian Charalambidis, COSMOTE Products, Services and Marketing General Director. "ACCESS' expertise and support enabled COSMOTE to carry out a timely launch with appealing, user friendly handsets and content, ensuring the success of our new, excitingly simple i-mode service."

"ACCESS is delighted to expand its relationship with the i-mode Alliance through COSMOTE's new i-mode service," said Toru Arakawa, President and Chief Executive Officer of ACCESS. "COSMOTE's successful deployment is yet another example of our commitment to cooperate with operators and handset manufacturers in countries around the world to help make the promise of the ubiquitous mobile Internet a reality."

About NetFront

NetFront recently surpassed over 126 million deployments globally that include 280 unique devices ranging from mobile phones and PDAs to digital televisions, gaming consoles, and automobile telematics systems from 90 major Internet device manufacturers. NetFront supports a wider range of operating systems than any competing browser including solutions for Palm(R) OS, Symbian OS, Linux OS, Windows Mobile/PocketPC and mobile handset environments like BREW(TM). NetFront browser technology is used by the world's leading mobile operators, software providers and electronics manufacturers including Adobe, Alpine, AT&T Wireless, China Mobile, China Unicom, Handspring, Hutchinson 3G Group, IBM, KDDI, NEC, NTT DoCoMo, PalmSource, Samsung, Sanyo, Sharp, Sony and more.

About COSMOTE Mobile Telecommunications

COSMOTE, a member of the OTE Group, started commercial operations in Greece in April 1998, five years after its competitors and in only three and a half years of operations achieved the leading position in the Greek mobile market, both in terms of subscribers and growth rates but most importantly in terms of profitability. The company has been called as the most successful third entrant in Europe. COSMOTE Mobile Telecommunications is also the leading mobile operator in Albania, through its subsidiary AMC and manages OTE's mobile assets in Bulgaria (Globul) and FYROM (COSMOFON). The Company in 2003 generated over 1.35 billion euro in revenues and 253 million euro in net profit. Both the Company's EBITDA margin (above 42%) and net profit margin (above 18%) remain constantly among the top 3 in Europe. COSMOTE, Grand National Sponsor of the ATHENS 2004 Olympic Games, launches i-mode service in Greece in time for the Games, while it also plans to gradually expand the i- mode services to Albania, Bulgaria and FYROM.

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