SAN DIEGO, Jul 28, 2009 (BUSINESS WIRE) -- Novatel Wireless, Inc. (Nasdaq:NVTL), a provider of wireless broadband access solutions, today unveiled the MiFi 2372 HSPA, the newest version of its Intelligent Mobile Hotspot developed for use virtually anywhere in the world, with multi-mode operation, including HSPA, UMTS, EDGE and GPRS.
The MiFi line of Intelligent Mobile Hotspots drives a new vision for personal broadband connectivity. The MiFi 2372 HSPA advances this even further by enabling not only access to connected devices, but also mobile access to new services, applications management and personalization:
Operators launching MiFi have already experienced incremental revenue streams for mobile data by extending mobile capability to traditionally fixed Wi-Fi enabled devices.
"We are very pleased to announce the continued evolution of the MiFi Intelligent Mobile Hotspot product line," said Peter Leparulo, chairman and CEO of Novatel Wireless. "The availability of the MiFi 2372 HSPA will significantly expand the addressable market for MiFi technology, as well as offering users unrivaled high speed access to multiple devices virtually anywhere they go around the globe."
ABOUT NOVATEL WIRELESS
Novatel Wireless, Inc. is a leader in the design and development of innovative wireless broadband access solutions based on 3G and 4G WCDMA (HSPA & UMTS), CDMA and GSM technologies. Novatel Wireless' USB modems, embedded modules, Intelligent Mobile Hotspot products and software enable high-speed wireless Internet access on leading wireless data networks. The Company delivers specialized wireless solutions to carriers, distributors, OEMs and vertical markets worldwide. Headquartered in San Diego, California, Novatel Wireless is listed on NASDAQ: NVTL. For more information please visit www.novatelwireless.com. (NVTLG)
This release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995, as amended to date. These forward-looking statements involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements contained herein. These factors include risks relating to technological changes, new product introductions, continued acceptance of Novatel Wireless' products and dependence on intellectual property rights. These factors, as well as other factors that could cause actual results to differ materially, are discussed in more detail in Novatel Wireless' filings with the United States Securities and Exchange Commission (available at www.sec.gov) and other regulatory agencies.
(C) 2009 Novatel Wireless. All rights reserved. The Novatel Wireless name, logo and MiFi are trademarks of Novatel Wireless, Inc. Other product or service names mentioned herein are the trademarks of their respective owners.
SOURCE: Novatel Wireless, Inc.
Patty Zamora, 858-431-3726
Cara Sloman, 831-440-2411
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