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| [January 29, 2013] |
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Novatel Wireless Launches 4G LTE Mobile Hotspot MiFi 5510L with Verizon Wireless
SAN DIEGO --(Business Wire)--
Novatel
Wireless, Inc. (Nasdaq: NVTL) today announced the new MiFi 5510L
Intelligent Mobile Hotspot to be launched on the Verizon Wireless
network as the Verizon Jetpack™ 4G LTE (News - Alert) Mobile Hotspot MiFi® 5510L.
The MiFi 5510L is the fifth 4G LTE MiFi® Intelligent Mobile
Hotspot device developed and brought to market by Novatel Wireless. The
device exterior is based on Verizon Wireless' (News - Alert) new iconic design with a
red translucent lens. Coupled with Novatel Wireless' award-winning MiFi
Mobile Hotspot technology inside, the MiFi 5510L provides best-in-class
performance, ease-of-use, and an intuitive user experience.
The MiFi 5510L is a personal mobile hotspot providing Internet
connectivity on the go and capable of sharing high-speed 4G LTE
broadband Internet connectivity with up to 10 Wi-Fi enabled devices
simultaneously. The MiFi 5510L features capacitive touch navigation keys
for quick and easy access to essential device details and supports the
latest security requirements that some of the strictest corporate VPNs
require, including VPN Pass-through and SPI Firewall. It includes new
features such as real-time reporting of data-usage so the user can
quickly understand how much data they have left to use on their monthly
plan, IPv6 end-to-end support and a long lasting battery providing up to
eight hurs of continuous use on a single charge.
"We are excited to launch our fifth 4G LTE MiFi mobile hotspot and to be
able to provide portfolio offerings for both value and premium segments
of the market," said Rob Hadley (News - Alert), CMO of Novatel Wireless.
Verizon Jetpack™ 4G LTE Mobile Hotspot MiFi® 5510L will be commercially
available online at www.verizonwireless.com
on January 31, 2013 and will be in Verizon Wireless stores in the coming
weeks. The device will sell for $19.99 after a $50 mail-in rebate with a
new two year contract.
ABOUT NOVATEL WIRELESS
Novatel Wireless (News - Alert), 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 (News - Alert)
smart M2M modules, and Enfora integrated M2M 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, 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.

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