Nokia and Carl Zeiss Join Forces to Offer Enhanced Imaging for Camera Phone Users

Cooperation to set a new benchmark for picture quality in camera phones

Amsterdam, Cancun, Hong Kong, Kuala Lumpur - Nokia, the global leader in mobility, and Carl Zeiss, the world's leading optics company, today announced a collaboration to incorporate Carl Zeiss optics to Nokia's camera phones. The two companies will bring the design expertise and stringent quality requirements of Carl Zeiss to Nokia's product creation process for high-end camera devices. As a result of the collaboration, consumers will be able to capture, share, store and print better quality images with Nokia's flagship imaging devices. (continued...)

The outstanding scientific expertise from Carl Zeiss in camera optics and the industry-leading position of Nokia in the mobile phone market offers a solid foundation for the cooperation. Both parties regard this agreement as the beginning of a long-term relationship. The first Nokia product to incorporate Carl Zeiss optics and carry the ZEISS brand is the Nokia N90 Multimedia, also launched today.

"The close collaboration with Carl Zeiss, one of the most respected companies in the camera industry, underlines Nokia's dedication to excel in mobile imaging products," says Juha Putkiranta, Senior Vice President, Imaging, Nokia. "We are proud to be the first camera phone manufacturer in the world to introduce ZEISS-quality products to consumers. Through continuous knowledge exchange and determination for hard work, we strive to set a new benchmark for the mobile imaging industry."

"We are delighted to join forces with the world leader in mobility, and recognize this collaboration as an important step in creating a high-end camera phone market," comments Dr. Dieter Kurz, CEO at Carl Zeiss. "Nokia's technological expertise and market understanding of mobile devices combined with Carl Zeiss' proven proficiency of optics and lens solutions makes us a strong team."

About Nokia
Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for network operators and corporations. www.nokia.com

About Carl Zeiss
Carl Zeiss is a leading international group of companies operating worldwide in the optical and opto-electronic industry. Carl Zeiss AG is headquartered in Oberkochen, Germany. The Carl Zeiss Group is structured as six business groups that operate with sole responsibility. They are generally ranked first or second in the three strategic markets of biosciences and medical technology, system solutions for industry and optical consumer goods. They offer products and services for biomedical research and medical technology, system solutions for the semiconductor, automotive and mechanical engineering industries, as well as high quality consumer goods such as eyeglass lenses, camera lenses and binoculars. The Carl Zeiss Group is directly represented in more than 30 countries and operates production facilities in Europe, America and Asia. In fiscal year 2003/04 the global workforce of approximately 13.700 employees generated revenue of about EUR 2.1 billion. Further information is available at www.zeiss.com.