Novatel Wireless' Embedded Module Enables Autonet Mobile's Internet Service in Chrysler LLC Vehicles
SAN FRANCISCO, Sep 10, 2008 (BUSINESS WIRE) -- Novatel Wireless,(TM) Inc., (Nasdaq:NVTL) a leading provider of wireless broadband solutions, today announced its Expedite(R) E725 Express Mini Card Module is embedded in Autonet Mobile's Internet service for Chrysler LLC's uconnect web.
Autonet Mobile, the first Internet provider for vehicles, supplies Chrysler LLC with uconnect web, the first WiFi entertainment system product designed specifically for cars. Driving digital lifestyle and content to families on the road, uconnect web is available for all Chrysler, Jeep(R) and Dodge vehicles as a dealer-installed Mopar(R) accessory at more than 3,700 U.S. dealerships.
Autonet Mobile's patent pending TRU Technology utilizes the Novatel Wireless Expedite E725 Express Mini Card Module to create a WiFi hot spot specifically designed for moving vehicles. TRU Technology allows passengers to experience high-speed connectivity in the car just like they would at home or in the office.
"Autonet Mobile utilizes a Novatel Wireless embedded module to provide an optimized cellular connection that enables multiple passengers to enjoy Internet activities such as gaming or watching videos," said Peter Leparulo, CEO of Novatel Wireless. "We are pleased to partner with Autonet Mobile and see great opportunity for these types of media-specific broadband deployments."
Americans are now living an Internet lifestyle and look to have access in their homes, offices and while on the move. There are more than 180 million homes connected to the Internet with an average of 2.4 cars per household. Today's WiFi device market has grown to more than 250 million devices sold and has an expected growth rate of more than 11 percent year over year.
"Mopar's uconnect web is changing the way American families stay connected while on the road," said Sunil Lahoti, senior manager, Mopar marketing and brand strategy Chrysler, LLC.
"Today, 40 percent of all new SUVs and station wagons are equipped with multimedia devices, yet they do not support the connected lifestyle of the Internet, e-mail and online gaming," said Sterling Pratz, CEO of Autonet Mobile. "By incorporating Novatel Wireless' innovative wireless technologies, Autonet Mobile is uniquely positioned to help Chrysler LLC deliver the next evolution of the automotive industry."
ABOUT NOVATEL WIRELESS
Novatel Wireless, Inc. is revolutionizing wireless communications. The company is a leader in the design and development of innovative wireless broadband access solutions based on 3G WCDMA (HSPA & UMTS), CDMA and GSM technologies. Novatel Wireless' Merlin(TM) PC Cards and ExpressCards, Expedite(R) Embedded Modules, MobiLink(TM) Communications Software Suite, Ovation(TM) Fixed Mobile Convergence Products and Conversa(TM) Software Suite enable high-speed wireless Internet access. The company delivers innovative 3G solutions to operators, distributors 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).
ABOUT AUTONET MOBILE
Autonet Mobile is the first wireless Internet service provider for vehicles. Founded by a corporate executive and former race car driver and a leading network architect and designer, the company is dedicated to enhancing the in-car experience, by bringing the power of the Internet to the 200+ million cars on the road in the U.S. Autonet Mobile currently provides Avis Rent a Car with the Avis Connect service and is used by Storm Chasers, NASCAR and others. For more information about Autonet Mobile visit www.autonetmobile.com.
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) 2008 Novatel Wireless. All rights reserved. The Novatel Wireless name, logo and Expedite are trademarks of Novatel Wireless, Inc. Other product or service names mentioned herein are the trademarks of their respective owners.
SOURCE: Novatel Wireless, Inc.
Media Strategies for Autonet Mobile Cheryl Delgreco, 617-723-4004 w 617-429-6749 c firstname.lastname@example.org or Novatel Wireless Patty Goodwin, 858-431-3726 email@example.com or Nadel Phelan Mike Kelly, 831-440-2403 Michael@nadelphelan.com
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