October 21, 2010
SAN DIEGO, Oct 21, 2010 /PRNewswire via COMTEX News Network/ -- Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of wireless broadband access solutions, today announces that the MiFi(R) 2372 Intelligent Mobile Hotspot is being offered by KDDI Corporation in Japan as a rental service for Japanese consumers and business travelers who want to stay connected when traveling overseas. The service offers wireless rental data plans without long-term contracts for business and leisure travelers with international carriers in 23 countries.
"Our leisure and corporate customers have been demanding international roaming solutions for travel purposes for a while and the combination of offering the industry leading MiFi 2372 together with international roaming rental services is a great complement for our mobile broadband offering," said Mr. Akihiro Nakashima, General Manager, Mobile Solution Product Planning Department, Solution Product Planning Sector, KDDI Corporation.
"We are excited to add KDDI to our expanding roster of leading operators worldwide offering the MiFi Intelligent Mobile Hotspot. Combining it with new international roaming packages is sure to be a winning proposition," said Rob Hadley, CMO of Novatel Wireless.
The Novatel Wireless MiFi 2372 represents the industry's first Intelligent Mobile Hotspot, a new category of mobile broadband that lets users put their world of content, services and connectivity in the palm of their hand. The MiFi platform creates a personal cloud of high-speed Internet connectivity that can be easily shared between multiple users and up to five Wi-Fi devices such as laptops, cameras, gaming devices, tablets and multimedia players. The MiFi 2372 platform supports 800/850MHz, 1900MHz and 2100MHz bands for global roaming services.
Compatible with Windows, Mac and Linux operating systems, the MiFi 2372 delivers download speeds up to 7.2 megabits per second with enhanced performance for simultaneous uploads/downloads and large file transfers. Compact and simple to use, the MiFi 2372 Intelligent Mobile Hotspot from Novatel Wireless includes a microSD slot for expandable memory of up to 32 gigabytes.
KDDI will be offering the MiFi 2372 Intelligent Mobile Hotspot for a rental fee at 1,280JPY per day. The rental MiFi 2372 is available to order directly through KDDI's website at: http://www.kddi.com/business/global_data_rental/kino.html
ABOUT NOVATEL WIRELESS
Novatel Wireless, Inc. is a leader in the design and development of innovative wireless broadband access solutions based on 3G and 4G wireless technologies. Novatel Wireless' Intelligent Mobile Hotspot products, software, USB modems and embedded modules enable high-speed wireless Internet access on leading wireless data networks. The Company delivers specialized wireless solutions to carriers, distributors, OEMs and vertical markets worldwide. Headquartered in San Diego, California, Novatel Wireless is listed on NASDAQ: NVTL. For more information please visit www.novatelwireless.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) 2010 Novatel Wireless. All rights reserved. The Novatel Wireless name and logo and MiFi(R) are trademarks of Novatel Wireless, Inc. Other product or service names mentioned herein are the trademarks of their respective owners.
Contacts: Charlotte Rubin Cara Sloman Novatel Wireless Nadel Phelan (858) 812-3431 (831) 440-2411 [email protected] [email protected]
SOURCE Novatel Wireless, Inc.
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