Novatel Wireless Announces Strategic New Initiative with the Development of Multiple Mobile Computing Applications and Services
SAN DIEGO, Jan 08, 2007 (BUSINESS WIRE) -- Novatel Wireless, Inc. (Nasdaq:NVTL), a leading provider of wireless broadband access solutions, today announced the development of new mobility applications and platforms to enable end-to-end, value-added services in conjunction with its broadband mobile computing platforms. The new portfolio of innovative solutions will allow wireless operators, notebook OEMs and vertical markets to offer additional benefits and services to their customers.
The new service offerings will be based upon three core components:
-- (1) Novatel Wireless' web-based applications server which securely communicates with any remote mobile clients, such as notebooks, smartphones and other wireless devices
-- (2) Novatel Wireless' HSDPA and EV-DO embedded modules hosting the company's generated protocols and value-added applications for wireless network operators, OEMs and vertical markets
-- (3) Novatel Wireless' mobility platform which is a key enabler to provide a complete solution, with software and services providing end-to-end functionality
The Novatel Wireless servers will work within current network architectures and ensure secure communication, authentication, provisioning and billing across the entire wireless network. The client technology will be supported on all Novatel Wireless wide-area network (WAN) modules, and, together with the server technology and applications, will allow operators to offer new services to their end users. Novatel Wireless will bring this development initiative to both its carrier and OEM channels and will support the technology across all its broadband access markets, including mobile computing, machine to machine (M2M), and additional vertical markets.
Initial applications that will be developed will address the following areas:
-- Location Based Services, using assisted and standalone GPS client technology that will be supported on Novatel Wireless broadband access devices
-- Enhanced Wireless Notebook Capabilities, which allow wireless WAN-enabled notebooks to act as complete mobile communication devices, using Novatel generated technology protocols, Novatel client servers, and Novatel generated applications
-- Computer Asset Tracking, which allows IT Managers to securely track their mobile computer assets over wireless WAN, remote protection of corporate data, and remote control and diagnostics of mobile devices
-- IP-based Voice and Multimedia Applications, that will allow peer-to-peer VoIP, push-to-talk, push-to-view and other advanced multimedia applications
"Building on the success of the first phase of our diversification strategy, we are now extending our technology and offering innovative, new end-to-end solutions for our customers," said Peter Leparulo, Executive Chairman of Novatel Wireless. "Leveraging our own extensive expertise in wireless data and our existing channels and relationships, we have developed applications, protocols, servers, and clients and architected a complete platform to allow operators, OEMs and vertical markets to offer a broad range of services and provide a powerful application environment through those platforms. Driving this effort is our partnership with global technology leaders who will play a key role in these next-phase growth initiatives."
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, Calif., Novatel Wireless is listed on Nasdaq:NVTL. For more information, 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.
Townsend Inc. for Novatel Wireless, Inc. Liya Sharif/Natasha Grach, 858-457-4888 Novatel_Team@townsendinc.com
Copyright Business Wire 2007
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