Novatel Wireless Advances M2M Portfolio with Generation-Skipping MT 3060 for Commercial and Consumer Telematics Markets

  Novatel Wireless Advances M2M Portfolio with Generation-Skipping MT 3060 for
  Commercial and Consumer Telematics Markets

  *The Most Advanced Mobile Tracking Device for Automotive, Fleet Management,
    and Other Commercial and Consumer Telematics Applications
  *Samples of the First Products in the MT 3060 Platform Family Available Now

Business Wire

SAN DIEGO -- July 1, 2013

Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of intelligent
wireless solutions, today announces the industry’s most advanced portfolio of
OBD-II plug-and-play platforms for the Commercial Telematics and Consumer
Telematics Markets.

The new MT 3060 is an integrated, system-level solution that collects and
controls critical vehicle data, and can reliably deliver that information to
the cloud, all managed by Novatel Wireless’ Services Enablement Platform that
includes the N4A™ Communications and Management Software (CMS) and N4A Device
Manager.

“The MT 3060 platform supports a family of intelligent OBD-II solutions that
addresses the strategic focus of our M2M Asset Management Solutions Group on
commercial telematics and consumer telematics,” said Peter Leparulo, CEO of
Novatel Wireless. “In commercial telematics, we continue to see strong
activity with fleet management companies worldwide. Our MT 3060 platform
family also represents a significant advance in the expanding market of
consumer telematics, including usage based insurance, and we’re experiencing
great customer feedback on the platform already. As we rollout our portfolio
of integrated solutions with software and service content, it’s truly amazing
the amount of technology packed in this family of solutions for these vertical
markets.”

Simplicity. The MT 3060 platform is a family of plug-and-play, self-installed
devices that can be deployed in minutes by any driver. The MT 3060 simply
inserts into the OBD-II port of a vehicle, without taking a vehicle out of
service. The family of MT 3060 products avoids costly and timely professional
installations, and allows for scalable application platforms, provisioning and
customer service models in the commercial telematics and consumer telematics
markets. It also supports all five vehicle engine OBD-II protocols. So no
matter the application – fleet management, usage-based insurance, or driver
behavior management – or the region of the world, the MT 3060 is the ideal
option for customers charged with lowering upfront telematics costs while
improving safety and productivity.

Most Advanced Features and Customer Support Capabilities. The MT 3060 boasts a
highly sensitive 1000 Hz sampling 3-axis accelerometer and GPS along with
advanced technology for accurate impact detection – enabling it to detect
driver behaviors such as vehicle speed, location, hard braking, cornering and
acceleration. The MT 3060 further optimizes network connectivity performance
by a high efficiency innovative antenna design and disconnect alert feature
using an on-board backup battery.

The family of MT 3060 products leverages Novatel Wireless’ years of combined
resources of in-house development of advanced cellular technologies with M2M
experience. For the highest customer service, Novatel Wireless controls all
touch-points of the MT 3060 solution, from embedded module hardware
development, firmware and software ownership, multi-band antenna design, and
GPS and Bluetooth development and integration.

Self Contained Access to Cloud Applications. The MT 3060 family provides the
most flexible means of collecting critical vehicle information and connecting
it to end-user applications for a variety of business critical needs. The
built-in, programmable rules engine monitors external conditions and captures
customer-defined threshold events critical to effective commercial and
consumer telematics applications, such as excessive engine speed, rapid
acceleration, harsh braking, speed violations, and excessive idling. It also
responds instantaneously to pre-defined conditions related to location,
ignition, geo-fencing, trip reporting, and other events.

Over-the-Air Device Management and Serviceability. The MT 3060 device is
designed for full compatibility with Novatel Wireless’ N4A™ Communications and
Management Software (CMS) and N4A Device Manager, which accelerate customer
application integration to provide device provisioning, deployment, shipping,
monitoring, and tracking worldwide.

MT Monitor Mobile Application.  The MT 3060 is complemented by Novatel
Wireless’ new MT Monitor mobile application. This mobile application is
designed to simplify the out-of-the-box experience for MT 3060 and provides an
easy way to install and monitor the device. Effective troubleshooting of any
identified issues is enabled via the MT Monitor’s intuitive user interface.
Powered by N4A™ CMS and Device Manager, the MT Monitor is designed to be used
by both professional installers of the device and end users across
applications such as fleet management and user based insurance (UBI). The
mobile application will be available for both Android and iOS based
smartphones and tablets.

The new MT 3060 platform is designed to support multiple air interfaces, and
will be available in GSM/GPRS, CDMA or HSDPA versions with additional features
and functionality targeted towards application service providers, system
integrators, enterprises and insurers in the global Commercial and Consumer
Telematics Markets. The MT 3060 platform will also include optional features
like Bluetooth connectivity to enable low power sensor management, personal
area networking with smartphone applications and to enable emergency hands
free calling.

Commercial Telematics is after-market or factory-installed telematics for
non-consumer telematics applications, such as fleet management, trailer
tracking (providing sensor data for temperature, humidity, vibration, contents
information) and other asset tracking. According to ABI Research “Global Fleet
Management System Hardware Shipments” are expected to experience a CAGR of
22.9% during 2013 – 2018.

Consumer Telematics involves devices installed by the consumer or
non-automaker third party for context applications, such as UBI, pay as you
drive insurance, and vehicle recovery. According to ABI Research, the world
market of “Global Insurance Telematics Shipments” are projected to have a CAGR
of 117% from 2013 – 2018.

Samples of the first device in the MT 3060 family are now available for
commercial and consumer telematics programs. For more information please visit
www.nvtl.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,
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. (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 N4A are trademarks of Novatel Wireless, Inc. Other Company,
product or service names mentioned herein are the trademarks of their
respective owners.

Contact:

Novatel Wireless, Media Relations
Charlotte Rubin, 858-812-3431
crubin@nvtl.com
 
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