Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of wireless broadband access solutions, today announced that its MiFi 2 builds on Novatel Wireless’ extensive portfolio of MiFi related patents. On September 27 th, 2012, Novatel Wireless announced its MiFi 2 next generation device built on proven, award-winning technology in an all-new, highly innovative design filled with unique capabilities and performance. The MiFi 2 is the first intelligent mobile hotspot with a touchscreen display and the most feature rich mobile hotspot in the market today with breakthrough MiFi user experience – all built on Novatel Wireless’ pioneering MiFi technologies and performance specifications.
Novatel Wireless’ MiFi patent portfolio covers a wide range of intellectual property rights centered on simplicity of the user experience, device intelligence and connectivity and innovative industrial design. These include key elements of the MiFi user experience, such as automatically establishing a data connection with the push of a power button. They also cover core MiFi technology, such as multi-mode functionality of modems – a patent Novatel Wireless announced in July 2012 focused on wide-area and local area gateway operation. This patent covers wireless gateway implementation in mobile hotspots, home automation gateways, fixed mobile convergence routers and general machine-to-machine solutions.
“We continue to innovate and further strengthen our market leadership with our new MiFi products,” said CTO of Novatel Wireless, Dr. Slim Souissi. “MiFi 2 is a great illustration of our perpetual commitment to provide the best-in-class user experience, superior performance, advanced security and our dedication to keep bringing innovation to the wireless industry,” Dr. Souissi continued.
Novatel Wireless currently holds 54 issued or allowed U.S. patents and an additional 58 U.S. patent applications in process, 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. Novatel Wireless’ Intelligent Mobile Hotspot products, software, USB modems, embedded modules and smart M2M modules provide innovative 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.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) 2012 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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