Novatel Wireless Builds International Momentum with Industry's First MiFi(TM) Intelligent Mobile Hotspot
LAS VEGAS, Jan 6, 2010 /PRNewswire via COMTEX News Network/ -- 2010 International Consumer Electronics Show -- (CES) Novatel Wireless, Inc. (Nasdaq: NVTL), a provider of wireless broadband access solutions, today announced its innovative, patented MiFi(TM) Intelligent Mobile Hotspot 2200, 2352 and 2372 are now available on 15 global operators in 16 countries since its commercial introduction in May 2009.
The MiFi Intelligent Mobile Hotspot creates a personal cloud of high-speed Internet connectivity that can be easily shared between Wi-Fi devices such as laptops, cameras, gaming devices and multimedia players. Significant drivers in customer adoption are attributed to the device's portability and ease-of-use combined with the unprecedented ability to connect up to five users simultaneously, without tethering, to the Internet from anywhere there is a cellular connection, including moving vehicles.
"The outstanding momentum we have created in the first two quarters of the MiFi's commercial availability is a strong beginning," said Rob Hadley, CMO of Novatel Wireless. "The new operator wins we are seeing affirm that customers are deriving value from this unrivaled, industry first device and we expect to see continued momentum in 2010 as we evolve the MiFi platform to deliver a wide variety of mobile applications on the world's leading networks."
Vodafone has launched the MiFi Intelligent Mobile Hotspot in Germany, Spain, Romania, Portugal, the Netherlands, Qatar and New Zealand. Additionally, the MiFi platform has been launched by Vodafone affiliates MobileOne in Singapore, Polkomtel in Poland and Vodacom South Africa. In addition to Vodafone, Pannon in Hungary; Mobitel in Slovenia; Bell Mobility and MTS Allstream in Canada; Zain in Kuwait; Orange and Telefonica Moviles Espana in Spain; Sprint and Verizon Wireless in the United States; and Iusacell in Mexico have all launched the MiFi platform commercially. The MiFi platform is also available on T-Mobile and Vodafone through Carphone Warehouse in the United Kingdom, European distributor Mobilx, and North American MVNOs Best Buy and Radio Shack.
"The MiFi product line provides our customers with unprecedented connectivity and functionality wherever they go," said Akos Gulyas, chief executive officer of Mobilx. "We are proud to offer Novatel products because they consistently deliver unique, high-quality solutions that ensure customer satisfaction and exceed expectations. MiFi has consistently been one of our best selling new products since its introduction."
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 wireless 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.
Contacts: Julie Cunningham Cara Sloman Novatel Wireless Nadel Phelan (858) 431-3711 (831) 440-2411 email@example.com firstname.lastname@example.org
SOURCE Novatel Wireless, Inc.
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