Novatel Wireless and RAC Motoring Services sign supply and license agreement for advanced telematics solutions
Aug 16, 2013 (M2 EQUITYBITES via COMTEX) --
Novatel Wireless Inc (Nasdaq:NVTL), a provider of intelligent wireless solutions, and RAC Motoring Services, a motoring organisation in the UK providing a one-stop-shop for motorists' needs, announced on Thursday the signing of a long term supply and license agreement.
Under this agreement, Novatel Wireless will supply the RAC with its newly announced MT 3060 device, customised for the RAC Advance solution. Also, Novatel Wireless will license to the RAC its N4A Device Manager software and will host the management of the RAC devices.
RAC's version of MT 3060 and the N4A Device Manager will be part of the RAC Advance branded solution, which is designed to incorporate leading edge vehicle telematics and advanced crash detection technology in a range of solutions for fleet, insurance and breakdown applications.
The MT 3060 platform is an integrated, system-level technology solution for commercial and consumer telematics markets.
Also, as part of RAC Advance, RAC's MT 3060 device is designed for full compatibility with Novatel Wireless' N4A Device Manager, a robust M2M software platform which accelerates customer application integration, configures, manages, and supports Novatel Wireless' M2M devices.
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