SAN DIEGO--(BUSINESS WIRE)--
Novatel
Wireless, Inc. (NASDAQ: NVTL), a leading provider of intelligent
wireless networking solutions, today announced that Thrifty
Car Rental, one of the largest car rental companies in the world,
has selected Novatel Wireless' Mobile Tracking device, the MT
2500, to manage and protect its fleet of rental vehicles against
theft, damage and loss in South Africa.
As part of the Novatel
Wireless Mobile Tracking portfolio, the MT 2500 captures and
monitors driver behavior, relaying vehicle information on rapid
acceleration, harsh braking, speed violations and excessive idling. With
an optional battery for communications when power is lost, the MT 2500
offers a feature rich solution with low implementation and operational
costs.
"Thrifty needed a simple solution to provide detailed driver and vehicle
information to help mitigate vehicle damage, loss and theft," says Tyson
King, VP of Sales for M2M Integrated Solutions, Novatel Wireless.
"Novatel Wireless' Mobile Tracking solutions provide comprehensive
analytics for a host of applications that are simple to use and easy to
install."
The MT 2500 is an internal antenna device providing an update to
Thrifty's previous deployment of external antenna devices. Novatel
Wireless' internal antenna designs demonstrate equal performance as
external antennas with the added bonus of simpler and less costly
installation. The deployment will also have the capabilities to expand
beyond Thrifty's rental car fleets, providing services on new and leased
vehicles as well.
"Thrifty originally selected Novatel Wireless' solutions based on their
proven design and delivery of detailed analytics to suit our needs,"
says Lance Govender, Managing Director of Thrifty Car Rental, South
Africa. "Leveraging the information we are able to gather from our
current fleet of vehicles means we can improve driver experiences, keep
close track of inventory and pass on savings to our customers."
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 and Enfora are trademarks of Novatel Wireless,
Inc. Other Company, product or service names mentioned herein are the
trademarks of their respective owners.
Media:
Novatel Wireless
Charlotte Rubin
+1 858-812-3431
crubin@nvtl.com
or
Nadel
Phelan
Cara Sloman
+1 831-440-2408
cara@nadelphelan.com
or
Investors:
Novatel
Wireless
William A. Walkowiak, CFA
+1 858-431-3711
bwalkowiak@nvtl.com
Source: Novatel Wireless, Inc.
News Provided by Acquire Media
