Novatel Wireless Ships 3 Million MiFi Hotspots
October 31, 2011
SAN DIEGO, Oct. 31, 2011 /PRNewswire/ -- Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of wireless broadband access solutions, today announced that shipments of its MiFi® Intelligent Mobile Hotspot have surpassed three million devices since product introduction in 2009.
"Three years ago we introduced the MiFi Intelligent Mobile Hotspot and revolutionized the way people access the Internet, from anywhere, anytime," says Peter Leparulo, CEO of Novatel Wireless. "The MiFi system architecture brought a new user-experience to mobile broadband consumers, with one click connect and no software to install. It also allows carriers to reach a wider, more diverse subscriber base with innovative service opportunities. We are very pleased to have achieved this milestone — illustrating our significant market and product leadership for mobile hotspots."
Novatel Wireless invented and launched the MiFi Intelligent Mobile Hotspot in 2009 and pioneered and created a whole new product category in the wireless ecosystem. Novatel Wireless owns significant intellectual property and holds numerous U.S. and international key patents and patent applications around core elements of the MiFi Intelligent Mobile Hotspot family of products.
Since its introduction, Novatel Wireless has commercially launched its MiFi devices with 25 operators worldwide and has received major industry accolades for innovation.
"We will continue to focus on the value that the MiFi experience brings to users. With the world becoming increasingly connected, there is opportunity to improve the way we interact with our wireless devices and our connected experience," says Rob Hadley, CMO of Novatel Wireless. "We are very proud of the support for our MiFi family of products and will continue to focus on innovation that has made the brand what it is today."
Novatel Wireless currently holds 35 issued or allowed U.S. patents and 37 filed U.S. patent applications, some of which it holds or has filed for in additional patent jurisdictions as well.
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. Product lines include MiFi Intelligent Mobile Hotspots, Ovation USB modems, Expedite embedded modules, Enfora smart M2M modules, and Enfora integrated M2M solutions. These innovative products provide anywhere, anytime communications solutions for consumers and enterprises. Headquartered in San Diego, Novatel Wireless is listed on NASDAQ: NVTL. For more information please visit www.nvtl.com. (NVTLG)
(C) 2011 Novatel Wireless, Inc. All rights reserved. The Novatel Wireless name and logo and MiFi, are trademarks of Novatel Wireless, Inc. Other Company, product or service names mentioned herein are the trademarks of their respective owners.
Novatel Wireless, Investor Relations
William A. Walkowiak, CFA
Tel: (858) 431-3711
Email: [email protected]
Novatel Wireless, Media Relations
Tel: (858) 812-3431
Email: [email protected]
SOURCE Novatel Wireless, Inc.
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