February 25, 2010
SAN DIEGO, Feb 25, 2010 /PRNewswire via COMTEX News Network/ -- Novatel Wireless (Nasdaq: NVTL), a leading provider of wireless broadband solutions, today announced that it has completed a technology transfer with Qualcomm Incorporated of two Qualcomm Wearable Mobile Device module designs, enabling the expansion of Novatel Wireless' portfolio of innovative embedded machine to machine (M2M) and consumer electronic (CE) devices.
The Qualcomm Wearable Mobile Device 1X and 1X EV-DO Rev. A are industry leading modules that support integrated GPS, accelerometer and Bluetooth technologies. With data and voice support for 1X and 1X EV-DO Rev. A networks, a standardized USB 2.0 interface and defined APIs and development kit, the modules provide unprecedented functionality and streamlined 3G connectivity for M2M and CE devices.
"With these cutting-edge Wearable Mobile Device module designs from Qualcomm, Novatel Wireless will be able to continue to expand its broad portfolio to meet customer and market demands," said Dr. Slim Souissi, CTO, Novatel Wireless. "Collaboration with industry leaders such as Qualcomm allows Novatel Wireless to focus on services and software development while lowering in house research and development costs and accelerating time to market for best in class solutions."
"Qualcomm is pleased to share its innovative Wearable Mobile Device module technology with Novatel," said Jack Steenstra, Vice President of Engineering at Qualcomm. "Qualcomm's Wearable Mobile Device module designs enable the development of very small form factor devices. This technology transfer agreement will allow Novatel Wireless to commercialize the Wearable Mobile Device WMD-1X and EV-DO modules under its existing agreements with Qualcomm, making them readily available to device developers."
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 are trademarks of Novatel Wireless, Inc. Other product or service names mentioned herein are the trademarks of their respective owners.
Contacts: Julie Cunningham Cara Sloman Novatel Wireless Nadel Phelan (858) 431-3711 (831) 440-2411 [email protected] [email protected]
SOURCE Novatel Wireless
Copyright (C) 2010 PR Newswire. All rights reserved