May 19, 2011
SAN DIEGO, May 19, 2011 /PRNewswire/ -- Novatel Wireless (NASDAQ: NVTL), a leading provider of wireless broadband solutions, today announced that it has received technical approval for its Expedite E362 4G LTE embedded module to run on the Verizon Wireless LTE network.
Novatel Wireless is the first provider to have an embedded LTE solution commercially available and compatible with the Verizon Wireless network. Novatel Wireless embedded modules portfolio provides innovative solutions to integrate high-speed data connectivity into notebooks, netbooks, tablets and other portable entertainment devices.
"We're proud to cross this milestone with our leading next-generation 4G LTE embedded module," says Rob Hadley, CMO of Novatel Wireless. "To meet consumers' desire to be connected anywhere, anytime, we are actively engaged in integrating our 4G embedded modules into platform launches with a number of devices and notebook manufacturers as they roll-out next-generation enabled mobile broadband devices."
Developing on the proven performance of the Expedite product line, Novatel Wireless' Expedite E362 LTE embedded module is optimized for power efficiency, thermal performance and weight. Additional key features include Novatel Wireless' proven Connection Manager — Mobilink 3 - supporting Windows 7, Vista and XPas well as software support for OEM tablet and notebook integration with both Windows drivers and Android RIL (from Froyo to Honeycomb).The Expedite E362 is capable of multimode support for LTE and backward compatibility to existing 2G and 3G GSM and CDMA networks.
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. Novatel Wireless' Intelligent Mobile Hotspot products, software, USB modems, embedded modules and smart M2M modules provide innovative 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) 2011 Novatel Wireless, Inc. All rights reserved. The Novatel Wireless name and logo and MiFi are trademarks of Novatel Wireless, Inc.
Contacts: Media:
Charlotte Rubin
Novatel Wireless
[email protected]
(858) 812-3431
Investors:
William A. Walkowiak, CFA
VP — Finance &Investor Relations
Novatel Wireless
(858) 431-3711
[email protected]
SOURCE Novatel Wireless
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