PRESS RELEASE

13/ 12/ 2017

INNOVATION PROTOCOL

NOS CREATES HARDWARE DESIGN AND DEVELOPMENT LABORATORY

NOS and OPEN have signed today a protocol for the setup of unique model in the R&D world in Portugal: a hardware design and development laboratory aimed at building new connected device solutions.

NOS, a benchmark in innovation and the Internet of Things (IoT) and aware of the enormous challenges facing customers in their search for differentiated solutions for their businesses, has taken the initiative of creating an eco-system of hardware innovation and development.

To that end, NOS and OPEN are today signing a partnership that aims at setting up an Open Laboratory of Hardware Development on OPEN's premises in Marinha Grande. The Academy, a national eco-system for startups and entrepreneurs, will be challenged to develop new devices linked to the internet that can bring benefits to operations, services and customer relations for major companies in Portugal. These technological challenges will not only be wide ranging and sector specific but also specific to use cases and to particular requirements.

The first phase, planned for the beginning of 2018, will involve providing areas with the necessary infrastructure to welcome projects in the experimental, proof of concept and market survey phases. These areas will also serve as a support to activities encouraging and increasing awareness of the entrepreneurship that will be needed for this initiative.

WeAdd will also be involved in this partnership, contributing its experience in engineering, product design and innovation, working with NOS to manage projects throughout the value chain of these challenges, from generating and developing ideas to the prototype stage and developing the product.

One of the factors which promises to revolutionize the link up of an ever increasing number of devices to the internet are new communication technologies, an area in which NOS stands out as a pioneer in Portugal through its investment in the NB-IoT network, which promises to bring a reduction in the cost of devices.

With its headquarters in Marinha Grande, OPEN's goal, as a Business Opportunity Incubation Centre, is to contribute towards encouraging Innovation, Entrepreneurship and Job Creation, through the launch of companies with innovative concepts and the stimulation of Business Cooperation, positively impacting productivity, and regional and national competitiveness.

About NOS

NOS is the biggest communications and entertainment group in Portugal. It offers latest generation fixed and mobile phone, television, Internet, voice and data solutions for all market segments. It is leader in Pay TV, new generation broad band services and in cinema exhibition and distribution in Portugal. In the business segment, it has positioned itself as a sustainable alternative in the Corporate and Mass Business segments, offering a broad portfolio of products and services with tailor made solutions for each sector and for businesses of different sizes, complementing its offer with ICT and Cloud services. NOS is part of the main Portuguese stock exchange index (PSI-20), and has more than 4.6 million mobile phone, 1.6 million television, 1.7 million fixed telephone and 1.3 million fixed broad band Internet customers. For more information, go tohttp://www.nos.pt/institucional

Direção de Comunicação Corporativa & Sustentabilidade

BAN

Edifício Campo Grande,

João Santos Pereira

Rua Ator António Silva, 9, Piso 6, Lisboa

jsp@ban.pt

T 217 824 700 |comunicação.corporativa@nos.pt| www.nos.pt

T 937 612 332

Nos SGPS SA published this content on 18 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 January 2018 10:49:05 UTC.

Original documenthttp://www.nos.pt/institucional/EN/media/Documents/2017 12 13_NOS e OPEN criam laboratorio de desenvolvimento de hardware plb translate.pdf

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