Inseego Corp. - Board of Directors
Aug 31, 2017

Introducing MiFi® 7000 Global Mobile Hotspot

Ultra-fast, Global Connectivity on-the-go!

SAN DIEGO--(BUSINESS WIRE)--Aug. 31, 2017-- Novatel Wireless, Inc. - an Inseego Corp. company (Nasdaq:INSG) and leading provider of mobile broadband and connected solutions for the Internet of Things (IoT) - today announced the launch of their new Global Mobile Hotspot, MiFi 7000.

“Novatel Wireless introduced the first MiFi device in the United States in 2009. This next generation MiFi is an important building block in our growth strategy. With advanced features and LTE bands that support the requirements of domestic and international service providers, we are launching a truly global product that will enable the MiFi 7000 to be deployed around the world,” says Steve Linke, VP of Sales for Novatel Wireless.

Mobile hotspots continue to be an important device category for wireless operators looking to grow data revenues by providing anytime access. According to a recent report from Cisco, global mobile data traffic grew an estimated 63 percent in 2016 and is expected to grow at a compound annual growth rate (CAGR) of 47 percent from 2016 to 2021. They go on to say that mobile connected tablets and PCs will each generate 8.0 GB of traffic per month, a doubling over the 2016 average of 3.4 GB per month.

Available now in Canada from Bell Mobility and Sasktel, it is the first MiFi branded mobile hotspot to include a 2.4-inch color touchscreen, real simultaneous dual-band Wi-Fi and hacking prevention, among other high-performance features such as QuickCharge® technology and MiFi Share, a file-sharing feature accessed via a USB thumb drive. With a more powerful battery supporting up to 24 hours of use on a single charge, the MiFi 7000 securely connects up to 15 devices on the most advanced LTE networks as well as falls back to HSPA+/UMTS and GPRS/EDGE networks. The MiFi 7000 also offers a built-in universal charging feature for external devices such as smartphones and tablets needing a battery boost, without compromising performance and connectivity.

"The launch of the MiFi 7000 is an important milestone for the company. We now have a highly differentiated product that supports new markets and service providers around the world allowing us to grow our market share beyond US and Canada. Additional launches are planned for the near future and we are currently engaged with carriers in Latin America and Europe to deploy this exciting new product," says Mr. Linke.

The MiFi 7000 is our first MiFi branded product to feature:

  • 2.4-inch color touchscreen
  • 3-channel carrier aggregation technology
  • Real simultaneous dual-band Wi-Fi (802.11 b/g/n/ac)
  • MiFi Share file sharing via built-in USB port for memory sticks
  • QuickCharge technology with Type C USB
  • LTE Bands: B2/B3/B4/B5/B7/B12/B13/B17/B20/B28/B29/B66

User-friendly design includes:

  • Large color touchscreen display with easy navigation to enable or disable your personal network preferences, view network and password names and other important device details
  • On-board help at your fingertips

Advanced security with guest network option

  • Enterprise-grade protection and VPN pass through
  • Primary and guest network support
  • MAC address filtering
  • Port filtering
  • Wi-Fi privacy separation
  • Hacker prevention features (Anti-CSRF, Session Timeout, Block Retry Attempts, Password Hash)

UL 2853 certified MiFi

  • The MiFi 7000 reflects environmentally preferable, conflict-free materials and sustainable manufacturing to minimize environmental impact

About Inseego Corp.

Inseego Corp. (Nasdaq: INSG) is a leading global provider of MiFi®-branded intelligent wireless solutions for the worldwide mobile communications market and software-as-a-service (SaaS) and solutions for the Internet of Things (IoT). The Company sells its telematics solutions under the Ctrack brand, including its fleet management, asset tracking and monitoring, stolen vehicle recovery, and usage-based insurance platforms. Inseego North America (formerly Feeney Wireless) also sells business connectivity solutions and device management. The Company is headquartered in San Diego, California. www.inseego.com Twitter @inseego

Cautionary Note Regarding Forward-Looking Statements

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 Inseego' 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 Inseego' filings with the United States Securities and Exchange Commission (available at www.sec.gov) and other regulatory agencies.

©2017. Inseego Corp. All rights reserved. The Inseego name and logo are trademarks of Inseego Corp. Other Company, product or service names mentioned herein are the trademarks of their respective owners.

Source: Novatel Wireless, Inc.

For Novatel Wireless Media Contact:
Chris Yeatts, (858) 812-3422
cyeatts@nvtl.com
or
For Investor Relations Contact:
Stephen Smith, (858) 247-2149
Stephen.Smith@inseego.com