SAN DIEGO and PUERTO RICO, April 23, 2012 /PRNewswire/ -- Novatel Wireless, Inc. (Nasdaq: NVTL), a provider of wireless broadband access solutions, and Open Mobile, a leading telecommunications company operating throughout Puerto Rico, today announced the launch of Novatel Wireless' award winning products, the 4G LTE MiFi® 4510 Intelligent Mobile Hotspot and Ovation™ MC 551 USB modem on Open Mobile's LTE network, furthering a new era in the mobile broadband market to benefit customers on the island.
"Our partnership with Novatel Wireless to launch the newest mobile broadband solutions in Puerto Rico further validates our commitment to deliver the most attractive service offering to our customers," said Federico Grosso, president of Open Mobile. "We're excited to introduce Puerto Ricans to the Ovation MC 551 modem and the Novatel Wireless MiFi 4510 Intelligent Mobile Hotspot, offering them the convenience of portable Wi-Fi access at lightening fast speeds."
The MiFi 4510 is a 4G version of the Novatel Wireless MiFi Intelligent Mobile Hotspot, building on innovation and design, proven performance and industry-leading user experience that enables wireless and secure Internet connectivity from virtually anywhere. The MiFi 4510 allows businesses and consumers to create a personal Wi-Fi cloud capable of sharing the high-speed Internet connectivity with up to five Wi-Fi-enabled devices simultaneously. About the size of a stack of credit cards, it offers proven performance and industry-leading flexibility, convenience and reliability. New features include an integrated status display on the device showing signal strength, roaming, battery level and number of connected devices.
The Ovation MC 551 4G LTE Modem is a high-performing USB modem with a compact design and industry-leading flexibility, convenience and reliability. It is a slim and compact 4G LTE USB modem providing LTE peak download speeds of up to 100 Mbps and peak upload speeds of up to 50 Mbps. The modem contains a Novatel Wireless proprietary internal advanced antenna design optimized for best performance.
"We are excited to add Open Mobile to our growing number of leading operators worldwide offering 4G mobile broadband solutions," said Rob Hadley, CMO, Novatel Wireless. "With the MiFi Intelligent Mobile Hotspot and our Ovation modem, Open Mobile is providing its clients with unrivaled high speed Internet access virtually anywhere they work or play."
Novatel Wireless' distribution partner in Puerto Rico is Brightpoint.
ABOUT OPEN MOBILE
Open Mobile is a wireless company where the consumer will find a variety of mobile phones and at the same time enjoy a purchasing process both fast and simple. In Open Mobile the costumer will find the most attractive unlimited "Open Plans" from $35 to $55, without contracts, without credit verification or penalties. Only unlimited plans. Open Mobile, established on June 12, 2007, owns 18 stores, 2 kiosks, a strong distribution chain of dealers and 170 point-of-sales. Open Mobile operates throughout the island for the benefit of the Puerto Rican consumer, thereby opening a new era in the telecommunications market in Puerto Rico. For more information visit our web page www.openmobilepr.com.
ABOUT NOVATEL WIRELESS
Novatel Wireless, Inc. is a leader in the design and development of intelligent wireless solutions based on 2G, 3G and 4G technologies providing wireless connectivity. The company delivers specialized wireless solutions to carriers, distributors, retailers, OEMs and vertical markets worldwide. Product lines include MiFi Intelligent Mobile Hotspots, Ovation USB modems, Expedite embedded modules, Enfora smart M2M modules, and Enfora integrated M2M solutions. These innovative products provide anywhere, anytime communications solutions for consumers and enterprises. Headquartered in San Diego, California, Novatel Wireless is listed on NASDAQ: NVTL. For more information please visit www.nvtl.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) 2012 Novatel Wireless, Inc. All rights reserved. The Novatel Wireless name and logo, MiFi and Ovation are trademarks of Novatel Wireless, Inc. Other Company, product or service names mentioned herein are the trademarks of their respective owners.
SOURCE Novatel Wireless, Inc.