Novatel Wireless Announces First Successful 4G LTE Data Transmission
SAN DIEGO, Feb 08, 2010 /PRNewswire via COMTEX News Network/ -- Novatel Wireless (Nasdaq: NVTL), a leading provider of wireless broadband solutions, today announced that it has successfully completed the first data transmission call using Long Term Evolution (LTE) 4G technology. LTE provides high data rates of up to 50 Mbps on the uplink and 100 Mbps on the downlink and an enhanced user experience by leveraging new, wider bandwidth spectrum. Many operators are already planning to overlay LTE on their 3G networks to augment data capacity. Novatel Wireless is working with operators and plans to launch commercial data devices in late 2010.
"We are pleased to achieve these important first data transmission milestones on next generation technologies, last week with dual carrier HSPA+, and now with LTE, and we expect to leverage our industry-leading position to offer 4G wireless data products to our customers," said Dr. Slim Souissi, CTO, Novatel Wireless. "We believe our aggressive development efforts will enable us to deliver these innovative solutions with the fastest possible time to market."
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 technologies. Novatel Wireless' Intelligent Mobile Hotspot products, software, USB modems and embedded modules 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) 2010 Novatel Wireless. All rights reserved. The Novatel Wireless name and 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
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