Novatel Wireless Launches 4G LTE Mobile Hotspot MiFi 5510L with Verizon
SAN DIEGO -- January 29, 2013
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 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’ 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 hours 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, 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, 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 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
Charlotte Rubin, +1-858-812-3431
Press spacebar to pause and continue. Press esc to stop.