Novatel Wireless Updates Progress on OEM Design Wins
SAN DIEGO, Apr 03, 2007 (BUSINESS WIRE) -- Novatel Wireless, Inc. (Nasdaq:NVTL), a leading provider of wireless broadband access solutions, announced that it has made substantial progress in commercialization of its next generation embedded modules across all major technologies. Based on platform launches currently planned by its OEM customers, the Company currently expects to see the number of laptop models which are available with its embedded modules to more than double during 2007. Supporting these initiatives, the Company's HSDPA E860D and E870D embedded modules for North American and European bandwidths have now received PTCRB, GCF, CE and FCC regulatory approvals, and have been certified by two tier-1 European carriers. The Company's next generation HSDPA PCI Express Mini Card portfolio provides for downlink data rates of up to 7.2 Mbps, offers receive diversity for enhanced fringe performance for Europe, Asia and North American networks, and allows for connectivity to all three HSDPA/UMTS frequency bands and all four EDGE/GPRS bands used worldwide to ensure seamless global roaming on the best available network.
In addition, the Company also announced that its next generation EVDO Revision A module, the Expedite E725, has been approved by the FCC and CDG, and has now been certified by two top North American carriers. The dual-band Expedite E725 PCI Express Mini Card offers peak download data rates of 3.1 Mbps and peak upload data rates of 1.8 Mbps, and is compatible with EV-DO Release 0 and 1x networks for seamless connectivity.
These next generation embedded solutions deliver a rich user experience for integrated wireless capabilities and services, ranging from e-mail active notification, multimedia streaming, video telephony, mobile gaming, corporate network access and web browsing. In addition, all the Company's next generation modules support in-demand GPS technology for precise position location, allowing network operators and laptop manufacturers to differentiate their offerings and build new revenue streams.
These newest modules join the broad portfolio of Novatel Wireless embedded solutions integrated by original equipment manufacturers into laptop computers. Novatel Wireless expects to complete integration and begin shipments of the E860D, E870D and E725 modules to its OEM customers during the remainder of this year.
"These latest modules will be integrated into a variety of laptop platforms by tier-1 laptop manufacturers, and we expect that this next generation of modules will continue shipping in support of second generation design wins well into 2008," stated Brad Weinert, acting chief executive officer at Novatel Wireless. "These second generation design wins are an example of the strength of our unique value proposition for OEM customers worldwide. Novatel has a proven record of success in developing and commercializing our products in both HSDPA and EV-DO standards and in certifying and supporting both North American and European operators that none of our competitors can match."
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 (HSDPA & 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 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)
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) 2007 Novatel Wireless. All rights reserved. The Novatel Wireless logo, Merlin, Expedite, MobiLink, Ovation and Conversa are trademarks of Novatel Wireless, Inc. Other product or service names mentioned herein are the trademarks of their respective owners.
SOURCE: Novatel Wireless, Inc.
for Novatel Wireless, Inc. Nadel Phelan Michael Kelly, 831-440-2403 firstname.lastname@example.org
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