Novatel Wireless and RAC Motoring Services Sign Agreement for Advanced
RAC to launch Novatel Wireless Advanced Telematics Platform for Commercial and
Consumer Telematics Services
SAN DIEGO, Calif. & BRISTOL, U.K. -- August 15, 2013
Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of intelligent
wireless solutions, and RAC Motoring Services, one of the UK’s most
progressive motoring organizations, today announce that they have signed a
long term Supply and License Agreement. Under the agreement, Novatel Wireless
will supply the RAC with its newly announced MT 3060 device, customized for
the RAC Advance solution. Novatel Wireless will also license to the RAC its
N4A™ Device Manager software, and will host the management of the RAC devices.
RAC’s version of MT 3060 and the N4A Device Manager will be part of the RAC
Advance branded solution, which will incorporate leading edge vehicle
telematics and advanced crash detection technology in a range of solutions for
fleet, insurance and breakdown applications.
With over seven million customers the RAC is dedicated to providing a
one-stop-shop for motorists’ needs -- providing roadside assistance,
insurance, vehicle inspections and checks, legal services and up-to-the-minute
traffic and travel information.
“The RAC is committed to providing the very highest levels of service to our
customers. We will target our members, insurance clients and corporate fleet
customers with this new service including advanced crash detection, remote
vehicle diagnostics, fuel saving, driver scoring, and fleet management,” says
Kerry Michael, RAC Commercial Director. “The RAC chose Novatel Wireless for
its innovative products, its expertise in M2M telematics, and its ability to
meet our expectations for superior quality and performance.”
“The launch of RAC Advance follows months of ongoing cooperation between the
two companies,” says Peter Leparulo, CEO of Novatel Wireless. “We are excited
about our close partnership with the RAC, and proud be part of their
revolutionary approach to telematics and roadside assistance services.”
The MT 3060 platform is an integrated, system-level technology solution for
commercial and consumer telematics markets. The device simply inserts into the
OBDII port of a vehicle, and collects and controls critical vehicle data, and
securely delivers that information to the cloud. It boasts a highly sensitive
3-axis accelerometer and parallel GPS/GNSS satellite location capability, and
offers the most sophisticated andsensitive crash detection.
As part of RAC Advance, RAC’s MT 3060 device is designed for full
compatibility with Novatel Wireless’ N4A™ Device Manager, a robust M2M
software platform which accelerates customer application integration,
configures, manages, and supports Novatel Wireless’ M2M devices.
RAC Advance will allow the RAC member’s vehicle to remotely communicate with
base to provide diagnostic information that could potentially identify certain
vehicle faults before they result in a stressful or inconvenient breakdown. In
addition, RAC members will be able to check multiple levels of performance and
key information via an application on their smartphone or tablet. In the event
of a breakdown, RAC Advance will allow the response team to remotely connect
with the onboard diagnostics software helping identify the fault and
accurately position the motorist’s location, enabling the rescue service to
quickly and effectively dispatch a patrol.
With around seven million members, the RAC is one of the UK’s most progressive
motoring organizations, providing services for both private and business
motorists. Whether it’s roadside assistance, insurance, buying a used car,
vehicle inspections and checks, legal services or up-to-the-minute traffic and
travel information – the RAC offers a solution for all motoring needs. The RAC
is committed to making motoring easier, safer, more affordable and more
enjoyable for drivers and road users.
The RAC is the motorist’s champion and campaigns to support the interests of
its members and UK motorists at a national level, including advancing levels
of road safety, supporting the needs of young drivers and voicing concerns
about the increasing cost of motoring. The RAC’s annual Report on Motoring
survey, now in its 25^th year, provides a clear insight into the concerns and
issues facing today’s motorists.
The RAC supports FairFuelUK campaigning for fairer taxes on petrol and diesel.
Show support and find out more at www.fairfueluk.com.
*RAC patrols fix four out of five vehicles at the roadside and on an
average within 37 minutes
*The RAC has more patrols per member than any other breakdown provider
*98% of members would recommend RAC Rescue to their friends and family
RAC press releases, news alerts and a wealth of motoring research is available
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Win an Ariel Atom
The RAC is giving away this iconic British performance car as part of the 2013
Goodwood Festival of Speed celebrations. For more information and to enter,
visit www.rac.co.uk/win-an-atom before 31 August 2013.
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, Enfora and N4A are trademarks of Novatel Wireless, Inc. Other
Company, product or service names mentioned herein are the trademarks of their
Novatel Wireless, Media Relations
Charlotte Rubin, 858-812-3431
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