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TheStreet Open House

Novatel Wireless Files Additional Patent Infringement Lawsuit Against ZTE

Stocks in this article: NVTL

Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of wireless broadband access solutions, today announced that it has filed a lawsuit against ZTE Corp., a Chinese company, and ZTE (USA), Inc. for infringing on a key Novatel Wireless patent related to the MiFi® family of mobile hotspots and wireless data modems. The suit was filed in the United States District Court for the Southern District of California. This infringement lawsuit is the second patent infringement lawsuit Novatel Wireless has filed against ZTE related to proprietary technology in mobile hotspots.

"Novatel Wireless is the inventor of the MiFi Intelligent Mobile Hotspot and we continue to lead the product category with a focus on innovation, best-in-class user experience, superior performance and advanced security,” said Peter Leparulo, Chairman and CEO of Novatel Wireless. “We are committed to protecting our innovations and our intellectual property from those who take our proprietary technology,” Mr. Leparulo continued.

Novatel Wireless holds numerous U.S. and international key patents and patent applications around elements of the MiFi Mobile Intelligent Hotspot family of products, a new product category invented by Novatel Wireless.

Since its introduction, Novatel Wireless’ MiFi branded products have commercially launched with more than 25 operators worldwide and have received almost every major industry accolade for innovation.

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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