Novatel Wireless Selected by Capstone Metering for M2M Module in Cellular Smart Water Meter

  Novatel Wireless Selected by Capstone Metering for M2M Module in Cellular
  Smart Water Meter

Business Wire

SAN DIEGO -- July 18, 2013

Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of intelligent
wireless solutions, announced today that it started shipping its
machine-to-machine (M2M) Enabler® HS 3001 modules to Capstone Metering, LLC, a
Texas-based technology company. The module will be part of the award-winning
IntelliH[2]O^® water meter solution by Capstone and is among the first smart
water meter solutions to include cellular capabilities in the meter providing
connectivity over Verizon Wireless’ CDMA network.

Capstone’s IntelliH[2]O^® intelligent water meter is a self-reliant,
sensor-rich, communications platform designed for a remote, distributed
network and incorporates an on/off valve that can be controlled by
centralized, analytical management software. The IntelliH[2]O^® Water
Management System is a robust cloud-based water management solution that fully
integrates with the suite of IntelliH[2]O^® meters. The application may be
accessed via desktop, laptop, tablet or smartphone and offers an
industry-leading suite of features including management of the IntelliH[2]O^®
devices with a few clicks, remote on/off of the device and monitoring/alerting
capabilities.

“We are excited to be working with Capstone and bring cellular capabilities to
strengthen their award-winning smart water meter solution,” says Joe Peterson,
VP of Sales for Novatel Wireless M2M Business Unit. “Adding cellular
capabilities to IntelliH[2]O^® meters will enhance communications providing
information, analytics and effective water management. We are proud to be
selected as a partner and be a part of Capstone’s innovative solution for
water conservation.”

“By adding an Enabler module directly into the IntelliH[2]O^® meter, Capstone
eliminates a utility’s headache and costs to support a wireless network,” says
Scott Williamson, CEO of Capstone Metering. “We provide power with our
on-board generator and rechargeable battery to utilize cell communications
with each meter.”

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. All rights reserved. The Novatel Wireless name and
logo and Enabler are trademarks of Novatel Wireless, Inc. Other product or
service names mentioned herein are the trademarks of their respective owners.

ABOUT CAPSTONE:

Capstone Metering LLC (“Capstone”) is a Texas-based technology company that
produces water meters and software applications that allow utilities to manage
water as never before. Founded in 2006 by a team of individuals with rich
wireless technology backgrounds in the water industry, Capstone’s roots lie in
the development of remote, distributed wireless communications networks. For
more information on Capstone Metering, please go to www.capstonemetering.com.

Contact:

Media:
Novatel Wireless
Charlotte Rubin, +1-858-812-3431
crubin@nvtl.com
or
Capstone Metering, LLC
Gena Jensen, +1-214-469-1065, ext. 23
gena.j@capstonemetering.com