|[June 20, 2014]
Novatel Wireless and RacoWireless Provide Aftermarket Telematics Solution Targeting LATAM Markets
SAN DIEGO & NAPLES, Fla. --(Business Wire)--
Wireless, Inc. (Nasdaq: NVTL), a leading provider of intelligent
wireless solutions, and RacoWireless, a global provider of wireless data
and location-based solutions, today announced the incorporation of
Novatel Wireless' (News - Alert) integrated product line with RacoWireless'
Logic platform, providing a full, end-to-end aftermarket telematics
solution for LATAM markets.
The platform integration includes Novatel Wireless' MT
2500, part of the Novatel
Wireless Mobile Tracking portfolio, which captures and monitors
driver behavior, relaying vehicle information on rapid acceleration,
harsh braking, speed violations and excessive idling. With an optional
battery for communications when power is lost, the MT 2500 offers a
feature rich solution with low implementation and operational costs.
Teaming with RacoWireless provides customers with a bundled solution
with Novatel Wireles products, RacoWireless service and RacoWireless'
Position Logic platform that allows companies to track anything
anywhere through a powerful, award-winning interface.
is also on the list of GPRS devices that supports the Position Logic
Platform, which has been a top rated telematics device in the LATAM
market for more than six years.
Joe Peterson, VP M2M Sales, Novatel Wireless, said: "The
Position Logic platform excels at providing its customers with
precision location based services. Novatel Wireless is excited to
partner with RacoWireless to provide customers in the LATAM market
with a bundled solution for aftermarket telematics."
Felix Lluberes, President of Location-Based Services, RacoWireless,
said: "Novatel Wireless' leading M2M solutions are a clear choice
for aftermarket telematics deployments. Coupling their leading devices
with our platform enables us to deliver a full featured, end-to-end
solution to our customers."
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. 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, Mobile Tracking Solutions, Asset Tracking
Solutions, and Enabler smart M2M modules. 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.
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) 2014 Novatel Wireless, Inc. All rights reserved. The Novatel
Wireless name and logo are trademarks of Novatel Wireless, Inc. Other
Company, product or service names mentioned herein are the trademarks of
their respective owners.
is a leading global provider of wireless data solutions to the
machine-to-machine (M2M) industry. The company lives by its mission to
'make it easy' by providing support for companies to build, manage and
enhance wireless M2M solutions. Among its numerous awards, RacoWireless
has been recognized as leader in wireless innovation and
entrepreneurship. Visit www.racowireless.com
for more information.
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