SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 5, 2006
NOVATEL WIRELESS, INC.
(Exact name of Registrant as specified in its charter)
| DELAWARE | COMMISSION FILE: | 86-0824673 | ||
| (State or other jurisdiction or incorporation or organization) |
000-31659 | (I.R.S. Employer Identification No.) |
9645 Scranton Road, Suite 205
San Diego, CA 92121
(Address of principal executive offices)
Registrant’s telephone number, including area code: (858) 320-8800
Not applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
TABLE OF CONTENTS
| ITEM 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers |
| ITEM 9.01. Financial Statements and Exhibits |
| SIGNATURES |
| INDEX TO EXHIBITS |
| EXHIBIT 99.1 |
| Item 5.02. | Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers |
(c) On April 5, 2006, Novatel Wireless, Inc. announced the appointment of Mr. Brad Weinert, 47, as the Company’s Chief Operating Officer, effective as of such date. A copy of the related press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated by reference into this Item 5.02(c).
| Item 9.01. | Financial Statements and Exhibits |
(c) Exhibits.
The following exhibit is furnished with this Current Report on Form 8-K:
| 99.1 | Text of press release issued by Novatel Wireless, Inc., dated April 5, 2006, announcing appointment of Chief Operating Officer. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized.
| Novatel Wireless, Inc. | ||||||||
| Date: | April 5, 2006 | By: | /s/ Dan L. Halvorson | |||||
| Dan L. Halvorson | ||||||||
| Chief Financial Officer and Treasurer, | ||||||||
| (Principal Financial and Accounting Officer) | ||||||||
EXHIBIT INDEX
| EXHIBIT NO. | DESCRIPTION | |
| 99.1 | Text of press release issued by Novatel Wireless, Inc., dated April 5, 2006, announcing appointment of Chief Operating Officer. | |
Exhibit 99.1
For more information, contact:
The Blueshirt Group, Investor Relations
Chris Danne, Rakesh Mehta
| (415) | 217-7722 |
chris@blueshirtgroup.com
rakesh@blueshirtgroup.com
Novatel Wireless Announces Appointment of Brad Weinert to
New Position of Chief Operating Officer
San Diego, CA – April 5, 2006 – Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of wireless broadband access solutions, today announced the appointment of Brad Weinert to the position of Chief Operating Officer.
Prior to his promotion as COO, Brad Weinert was Vice President of Business Development at Novatel Wireless—responsible for developing new business relationships, particularly in the embedded market for mobile computing with high volume laptop manufacturers. Mr. Weinert brings to his new position over 24 years of cross functional experience in operations, business development, and engineering, and previously held responsibilities for the company’s product management and business and strategic development. Prior to joining Novatel Wireless, he served as COO of Okbridge and as Vice President of Product Management at iVasion/RouterWare, Inc., where he oversaw the design, development and delivery of all commercial and OEM networking products. Mr. Weinert has also held senior management positions with NetManage, Inc., Age Logic, Inc., and Pathway Systems, where his responsibilities included engineering, sales and marketing of software and hardware products for local and wide area networking.
“Novatel Wireless is in the midst of a remarkable transformation with each element of its diversification strategy,” said Peter Leparulo, CEO of Novatel Wireless. “Over the last year, Brad has played an integral leadership role in strengthening key business
partnerships with technology leaders, particularly with respect to our OEM initiatives. Brad’s deep knowledge of the industry, keen understanding of our customers, and extensive operational experience make him a ideal choice for this newly-created position as our company scales to execute and capitalize on the opportunities in front of us. We look forward to Brad’s being a great asset to our senior management team in his new role.”
Novatel Wireless also announced that Mark Rossi, one of the earlier private equity investors in the company, has resigned from the Company’s Board of Directors. Mr. Rossi has served as Chairman of the Board since 2003. “I want to thank Mark Rossi for his many contributions to Novatel Wireless’ success over the past years. Mark has contributed significantly to the board since joining it in 1999, and his experience has been a great asset,” added Mr. Leparulo.
About Novatel Wireless
Novatel Wireless, Inc. is a leading provider of wireless broadband access solutions. Novatel Wireless’ Merlin(TM) PC Cards, Expedite(TM) Embedded Modems, Freedom Box(TM) Ruggedized Modems, MobiLink(TM) Communications Software Suite, Ovation(TM) 3G Multimedia Application Consoles and Conversa(TM) Software Suite enable high-speed wireless access to personal, corporate and public information. 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)
© 2006 Novatel Wireless. All rights reserved. The Novatel Wireless logo, Merlin, Expedite, Expedite EV620, Freedom Box, MobiLink, Ovation, and Conversa are trademarks of Novatel Wireless, Inc. Other product or service names mentioned herein are the trademarks of their respective owners.
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.
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