Novatel Wireless and LoJack SCI Sign Agreement on M2M Based Supply Chain Protection Solutions

  Novatel Wireless and LoJack SCI Sign Agreement on M2M Based Supply Chain
  Protection Solutions

Business Wire

SAN DIEGO & DALLAS -- May 6, 2013

Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of intelligent
wireless solutions, today announced that it has entered into a Supply
Agreement with LoJack SCI, the leading supplier of supply chain integrity and
tracking solutions. The agreement includes Machine-to-Machine (M2M) mobile
tracking and workforce monitoring devices by Novatel Wireless, which will
serve as a key component of LoJack SCI’s cargo and asset tracking offerings.
The Agreement also provides for recurring revenue share by Novatel Wireless
generated from LoJack SCI’s service offerings facilitated by Novatel Wireless
technology.

LoJack SCI will market, install and service a wide range of Novatel Wireless’
Mobile Tracking (MT) and workforce monitoring solutions, including its
industry leading MT™ 4000 and the Mini-MT™. Novatel Wireless Mobile Tracking
products will be optimized and integrated with the LoJack InTransit platform
to provide high value security, chain of custody and environmental tracking of
cargo and related assets, maximizing supply chain performance for their
clients.

“This strategic agreement enables both companies to strengthen their position
as best-in-class providers of M2M solutions to the enterprise and consumer
markets,” said Peter Leparulo, CEO of Novatel Wireless. “LoJack SCI’s strong
brand, excellent reputation and far-reaching market presence will introduce
Novatel Wireless’ mobile tracking and workforce monitoring solutions to new
business segments, enabling LoJack SCI to provide safety, security,
monitoring, protection and recovery for a growing range of valuable assets and
entities.”

“This agreement is a vital element in our strategy to continue building on our
market leadership with a wider range of solutions that add value for our
supply chain tracking customers,” said Ted Wlazlowski, CEO and President of
LoJack SCI. “Novatel Wireless’ industry leading M2M device portfolio coupled
with our innovative services and enterprise solutions will serve both existing
and new customers with the best-in-class supply chain tracking solutions.”

For more information about the LoJack SCI supply chain protection offerings,
please go to www.LoJackSCI.com.

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,
Enfora® Mobile Tracking Solutions, Enfora 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. (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. All rights reserved. The Novatel Wireless name and
logo, N4A and Enabler are trademarks of Novatel Wireless, Inc. Other product
or service names mentioned herein are the trademarks of their respective
owners.

ABOUT LOJACK SCI

LoJack Supply Chain Integrity (LoJack SCI) provides integrated solutions for
supply chain protection that include shared supply chain intelligence and
analytics, covert cargo tracking, monitoring, and recovery services. The
LoJack SCI solutions feature proactive alert based security and increased
visibility across all modes of transportation with clear chain of custody
management utilizing active sensing of the cargo’s environment while
in-transit. For more information, go to www.lojacksci.com.

Contact:

Novatel Wireless
Charlotte Rubin, +1 (858) 812-3431
crubin@nvtl.com
 
Press spacebar to pause and continue. Press esc to stop.