September 25, 2013
New 4G LTE Converged Voice and Data MiFi Powered™ Device Drives New Era of Home Voice and Data Access
SAN DIEGO--(BUSINESS WIRE)-- Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of intelligent wireless solutions, today introduces MiFi Home™, a powerful all-in-one solution that replaces wired voice and Internet options for fast, easy phone and 4G LTE Internet connectivity in the home, small office, and remote work station.
One simple, fast, effective solution for all telephony and Internet needs.
MiFi Home™ delivers both digital telephone service and Internet connectivity in one combined portable device and provides wireless carriers an alternative to bundle voice and data rate plans and services for the home and small office customers.
Upgradeable to Voice over LTE (VoLTE) - Gives mobile broadband operators time-to-market advantage for cost savings and advance service offerings.
MiFi Home™ is VoLTE-capable and is easily upgraded over-the-air with VoLTE services upon carrier availability. By using an all-IP packet-based service for voice and data, VoLTE not only provides significant cost savings, it will allow operators to recover less efficient circuit switch 2G channels for additional data capacity. Enabling simultaneous voice and data traffic on LTE in a unified format, VoLTE provides operators with an end-to-end IP connection between their mobile equipment and their core network. VoLTE also enables new services such as video calling, multi-device, single number and multimedia sharing services across mobile broadband devices.
Unprecedented ease-of-use.
Built on the MiFi technology platform, MiFi Home™ incorporates Novatel Wireless' expertise in human interface engineering for optimal ease-of-use and reliability. MiFi Home™ introduces a user-friendly touch-key navigation display, so users can see data usage, connected devices, voice and data signal strength, backup battery life and passwords at glance. Additional security features are supported through software improving the security of password and encrypted data.
"We are very excited to be introducing MiFi Home, our first 4G LTE converged voice and data solution for in-home and small office connectivity. MiFi Home has something for everyone. MiFi Home will let users replace their landline connections for voice and data and consolidate them into a single wireless service. We believe MiFi Home will help open a new category of subscribers, contribute to the continued growth of the addressable broadband market and create a unique opportunity for carriers. We are very proud to be launching this product category first with Verizon with their 4G LTE Broadband Router with Voice which was made commercially available earlier today," said Peter Leparulo, CEO of Novatel Wireless.
MiFi Home™ is the easiest way to connect with secure, reliable MiFi Powered™ 4G LTE voice and data services. Even ahead of its introduction, Novatel Wireless has received significant sales orders for MiFi Home™ from several channels.
Key features include:
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, USB modems, embedded modules, mobile tracking solutions and asset tracking 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) 2013 Novatel Wireless. All rights reserved. The Novatel Wireless name and logo and MiFi are trademarks of Novatel Wireless, Inc. Other product or service names mentioned herein are the trademarks of their respective owners.
Novatel Wireless
Charlotte Rubin, 858-812-3431
[email protected]
Source: Novatel Wireless, Inc.
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