March 14, 2002
SAN DIEGO, CALIFORNIA - March 14, 2002-Novatel Wireless, Inc. (Nasdaq:NVTL), a provider of wireless data access solutions, and TrellisWare Technologies, Inc., a producer of superior digital designs for leading-edge communications applications, today announced the signing of a technology development agreement to apply TrellisWare's GSM/GPRS technologies to the Novatel Wireless family of wireless data access solutions.
"As a further extension of Novatel Wireless' GSM/GPRS product programs, we are pleased to announce this agreement with TrellisWare. We are excited about the benefits that TrellisWare's technology will provide to our customers," said John Major, CEO of Novatel Wireless. "Our operator partners are very interested in increasing the capacity of their existing wireless networks and consumers are demanding faster data throughput. We believe that by partnering with TrellisWare we will be able to deliver significant advances in these areas."
"TrellisWare is delighted to partner with Novatel Wireless in the application of our technologies with their broad range of wireless data products," said Dr. Thomas Carter, president and CEO of TrellisWare. "This agreement provides TrellisWare an entry into the fast growing business of wireless data transmission in partnership with a recognized market leader."
ABOUT EXPEDITE G301
The Expedite family of modems is used in limitless e-commerce wireless data applications including PDA's, laptop computers, telemetry, inventory monitoring, point-of-sale, automated banking, vending machines, vehicle tracking and portable computer integration. The modem technology is built on Novatel Wireless' industry-leading OEM product line. Expedite modems offer proven quality, performance and reliability coupled with the best value in the market. With its exclusive design, the Expedite G301 uses Multi-slot class 10 packet data providing speeds up to 53.6 kbps, SMS messaging features, very low power consumption including a Sleep Mode feature and the smallest form factor in the industry. These critical features make it a compelling choice for wireless data applications.
ABOUT GPRS
GPRS (General Packet Radio Service) is a packet switched wireless data network that allows for data to be sent and received using GPRS devices in a more cost efficient and quicker way than is possible over the GSM (Global System for Mobile) cellular system. GPRS enabled networks offer "always-on", higher capacity, Internet-based content and packet-based data services. This enables new applications and services such as Internet browsing, e-mail on the move, powerful visual communications, multimedia messages and location-based services. GSM service providers around the world are aggressively enhancing their service capabilities through the support of GPRS for packet data.
GPRS wireless technology employs extensive authentication and encryption via standard GSM algorithms, making it one of the most secure public wireless systems in the world. The Subscriber Identity Modules (SIM card), a component of the GSM network, stores the authentication and encryption algorithms, making it virtually impossible for unauthorized users to capture and decipher messages.
ABOUT NOVATEL WIRELESS, INC.
Novatel Wireless, Inc. is a leading provider of wireless data modems and software for use with handheld computing devices and portable personal computers. The company delivers innovative and comprehensive solutions that enable businesses and consumers to access personal, corporate and public information through email, enterprise networks and the Internet. Novatel Wireless also offers wireless data modems and custom engineering services for hardware integration projects in a wide range of vertical applications. The Novatel Wireless product portfolio includes the Minstrel® Family of Wireless Handheld Modems, MerlinTM Family of Wireless PC Card Modems, Sage® Wireless Serial Modems, Lancer 3WTM Family of Ruggedized Modems and ExpediteTM Family of Wireless Embedded Modems. Headquartered in San Diego, California, Novatel Wireless is listed on the Nasdaq Stock Market (Nasdaq: NVTL). For more information, please visit the Novatel Wireless web site: www.novatelwireless.com or call 888-888-9231.
ABOUT TRELLISWARE TECHNOLOGIES, INC.
TrellisWare Technologies, Inc. is an innovative communications technology company that produces superior digital designs for leading-edge communications applications. Located in Poway, California, TrellisWare Technologies, Inc. was established in 2000 with the vision of enabling robust broadband wireless and wireline communications systems, as a spin-off of ViaSat, Inc. (VSAT). TrellisWare delivers "physical layer" processing solutions for complex, dynamic environments that enhances voice and data communication systems and significantly increases system capacity.
SAFE HARBOR STATEMENT
Portions of this release, particularly statements about the expected performance and features of the TrellisWare Technologies, Inc. GSM/GPRS technology, may contain forward-looking statements regarding future events and are subject to risks and uncertainties, pursuant to the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. TrellisWare Technologies, ViaSat and Novatel Wireless wish to caution you that there are some factors that could cause actual results to differ materially, including but not limited to: contractual problems, regulatory issues, technologies not being developed according to anticipated schedules, or that do not perform according to expectations; continued acceptance of Novatel Wireless and TrellisWare products; dependence on intellectual property rights and increased competition and other factors affecting the wireless and telecommunications industry generally. These factors, as well as other factors that could cause actual results to differ materially, are discussed in more detail in the documents both companies file from time to time with the Securities and Exchange Commission and other regulatory agencies, specifically the section titled Factors That May Affect Future Performance in the Company's Form 10-K, which contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements.
The Novatel Wireless logo, Minstrel, Merlin, Sage, Lancer 3W and Expedite are trademarks of Novatel Wireless, Inc. Minstrel and Sage are registered with the U.S. Patent and Trademark Office. All other brands, products and company names mentioned herein are trademarks of their respective holders.