Full Featured OBD-II Solution from Novatel Wireless Part of One-Stop
Offering for Best-in-Class Insurance Telematics Services
SAN DIEGO--(BUSINESS WIRE)--
Novatel
Wireless, Inc. (NASDAQ: NVTL), a leading provider of intelligent
wireless solutions, today announced that its MT 3050 device has been
selected by Quatenus, a leading Portuguese Systems Integrator, to be
integrated into its front-end application platform and bundled with M2M
subscription SIM services from Optimus, one of Portugal's largest mobile
operators. The total plug-and-play solution is a powerful, all
inclusive, cost-effective package which reduces up-front costs for
insurance telematics and fleet management applications with easy
installation, industry-leading small form factor and a simple
user-interface from any browser, smartphone or via SMS.
"The MT 3050 is a proven platform for insurance telematics and fleet
management providers who are looking for information on the vehicle,
vehicle location, mileage control and/or driver behavior, enabling
productivity improvements and cost reductions for customers," said Joe
Peterson, VP of M2M sales at Novatel Wireless. "Unlike wired telematics
devices, the innovative plug-and-play device with internal antennas
removes vehicle installation costs and associated vehicle out-of-service
time, thereby lowering total up-front costs."
The solution was initially developed for the leading Portuguese car
fleet leasing company, LeasePlan, who manages over 75,000 vehicles, and
is now being promoted among other customers across different geographies
in Europe, Africa and Latin America.
"The MT 3050 is a versatile mobile tracking device ideal for the
front-end telematics platform we're offering to provide the needed
information on safety/security and roadside assistance, vehicle
servicing and driver behavior management," said João P. Alexandre,
Director at Quatenus. "We expect our customers to realize great
productivity improvements, increased safety and cost reductions as a
result of this innovative program," Mr. Alexandre continued.
"We are pleased to partner with both Novatel Wireless and Quatenus to
offer the most comprehensive and innovative telematics solution in the
market," said Carlos Lourenco, head of M2M at Optimus. "At Optimus we
are particularly focused on providing the best-in-class services
leveraged by our Jasper M2M platform, and this partnership is a prime
example of our continued efforts in advancing the market to bring our
customers the solutions they need."
The MT 3050 offers advanced capabilities for onboard telematics, driver
behavior, and vehicle security. The MT 3050 features Novatel Wireless'
on-board rules engine that supports customer-defined exception-based
rules for applications such as ignition, geo-fencing, trip reporting and
other events. It also features integrated disconnect alert supported by
an in-device backup battery has built-in threshold events to capture
metrics critical to effective fleet and insurance monitoring such as
excessive engine speed, rapid acceleration, harsh braking, speed
violations, and excessive idling. The solution also reports, in real
time, information such as location, trips, stop points, chronologies,
events and vehicles' states and statistics, making it the most
sophisticated telematics solution available in Portugal.
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. 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® Mobile Tracking Solutions, Enfora
Asset Tracking Solutions, and Expedite smart M2M modules. 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) 2013 Novatel Wireless, Inc. All rights reserved. The Novatel
Wireless name and logo and Enfora are trademarks of Novatel Wireless,
Inc. Other Company, product or service names mentioned herein are the
trademarks of their respective owners.
About Quatenus
Quatenus International is a company of the Group SINFIC, S.A. Their main
focus is innovation and development of dedicated products in the area of
Real-time Monitoring, M2M, Control and Management of Geo-referenced
Information which can be applied to any kind of assets, either fixed or
movable, that are critical for the business performance of a company.
These assets may be pieces of equipment/hardware, people and teams.
Quatenus International offers its partners and customers a wide array of
services through a SaaS-based model centered on its own datacenters, and
ensure that the contracted service levels are maintained. Quatenus is
focused mainly on 4 action lines, namely: Product development,
maintenance and innovation; Management and operational control of
technical and technological infrastructures that support Quatenus SaaS
services; After-sales service that provides support to business partners
and final clients as needed; Business expansion, market analysis, search
and certification as well as management of partners' network.
Quatenus Core Platform
A totally integrated global localization platform that automatically
processes and provides real-time information to control and manage all
types of assets relevant for a company such as fixed assets, movable
assets and teams as well as monitoring of critical levels of fluids in
tanks (e.g. fuel). Additionally, it allows the remote management of
performance levels for equipment units installed and operating in
scattered locations, providing a global overview of your assets.
Quatenus has offices all over in Europe, Africa and South America.
About Optimus Connect
Optimus Connect is the B2B brand of the Portuguese mobile operator,
Optimus, created exclusively to operate in the M2M communications
solutions market. Being a market leader in the Portugal, Optimus Connect
was set up with the goal of becoming a world-class service provider in
the M2M market. Optimus Connect provides a large range of B2B mobile
communication services specially designed to ensure a comprehensive
solution for the M2M needs of different vertical businesses, in a simple
and reliable way. These best-in-class services, together with a senior
and comprehensive team of specialists, ensure the best results with
credible and robust solutions, promoting increased efficiency and
productivity.
Novatel Wireless
Charlotte Rubin, +1 (858) 812-3431
crubin@nvtl.com
Source: Novatel Wireless
News Provided by Acquire Media
