Novatel Wireless Delivers Innovative Ctrack Telematics Solution for KLM
SAN DIEGO, Dec. 17, 2015 (GLOBE NEWSWIRE) -- The Ctrack telematics solution from Novatel Wireless, Inc. (NASDAQ:MIFI) was selected by KLM Equipment Services, a subsidiary of KLM Royal Dutch Airlines, to increase the efficiency of their operations and productivity of their employees and assets, while enabling KLM to monitor and manage its fleet of specialist vehicles and equipment.
The solution includes a unique SaaS platform developed for KLM that facilitates multiple departments, and other supplier companies operating at the Amsterdam Schipol Airport, to monitor and manage access for airport staff cardholders to KLM equipment.
"Within two months, we developed an innovative and unique platform that KLM can use to enhance the flexibility and productivity of their fleet and assets," said Sue Swenson, CEO of Novatel Wireless. "We are proud of the industry-leading solutions we are delivering that enable our customers to achieve operational efficiencies and reduce costs. As a result of the program's proven ROI, KLM is examining an expansion of the Ctrack solution."
The Amsterdam Schiphol Airport ranks as the world's fifth busiest airport by international passenger traffic, according to the Airport's Council International.
About Novatel Wireless, Inc.
Novatel Wireless, Inc. (Nasdaq:MIFI) is a leading global provider of solutions for the Internet of Things (IoT), including software-as-a-service (SaaS) solutions for the fleet telematics market. The Company's product lines include the CTrackTM fleet and vehicle telematics platform, FW IoT consulting services, appliances and device management solutions, along with Novatel Wireless's MiFi® intelligent mobile hotspots and modems, embedded modules, mobile tracking solutions, and asset tracking and monitoring solutions. These innovative products and solutions provide anywhere, anytime communications and analytics for consumers and businesses of all sizes, with approximately 155,000 subscribed fleet vehicles for Ctrack among the Company's 510,000 global subscribers. Novatel Wireless is headquartered in San Diego, California. http://www.novatelwireless.com. @MiFi (Twitter)
About KLM Equipment Services
KLM Equipment Services operates as an independent subsidiary company of KLM Royal Dutch Airlines. With Amsterdam Schiphol Airport as our permanent home base since 1952, we have wide expertise in all aspects of ground support equipment (GSE); all vehicles and equipment for the handling of aircraft on the ground.
GSE is an indispensable link in the logistical processes of all airports. Our goal is to realize low operational cost, with maximal availability of your equipment. http://www.kes-gse.nl/en/
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, including, without limitation, statements related to the ability of Novatel Wireless to expand its addressable markets and drive growth in service revenue and broaden its customer base as a result of the acquisition of DigiCore, and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Novatel Wireless and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Novatel Wireless undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. These forward-looking statements also involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Novatel Wireless in general, see the risk disclosures in the Annual Report on Form 10-K of Novatel Wireless for the year ended December 31, 2014, and in other filings made with the SEC by Novatel Wireless (available at www.sec.gov).
Media Contact Anette Gaven (619) 993-3058 agaven@nvtl.com Investor Relations Contact: Michael Sklansky (858) 431-0792 msklansky@nvtl.com