Novatel Wireless Appoints Interim Chief Financial Officer

  Novatel Wireless Appoints Interim Chief Financial Officer

Business Wire

SAN DIEGO -- June 27, 2014

Novatel Wireless, Inc. (NASDAQ: NVTL), a leading provider of machine to
machine (M2M) wireless solutions, announced that the Board of Directors has
appointed Tom Allen as Interim Chief Financial Officer. The Board is engaging
an executive search firm to evaluate candidates for a permanent Chief
Financial Officer.

“Tom Allen brings a wealth of executive experience, including CFO and COO
roles at public companies,” said Sue Swenson, Chairman of the Board of Novatel
Wireless. “We are pleased to have him serving as our Interim CFO as we search
for a permanent replacement.”

Prior to joining the Company, Tom Allen, age 61, served as Executive Vice
President, Chief Operating and Chief Financial Officer for Outdoor Channel
Holdings, Inc., a publicly traded national cable television network and
production services company which was acquired in 2013 by Kroenke Sports and
Entertainment. In 1997, Mr. Allen co-founded ACME Communications, a US-based
broadcasting company, where he continues to serve on its board of directors
and served as its Chief Financial Officer until 2010. Throughout his career,
Mr. Allen has held executive positions at major broadcasting and entertainment
firms including Chief Operating Officer and Chief Financial Officer for Virgin
Interactive Entertainment and Chief Financial Officer of the Fox Broadcasting
Company. He has also served as board director for public and private
companies. Mr. Allen attended the University of Southern California and is a
certified public accountant.

ABOUT NOVATEL WIRELESS

Novatel Wireless, Inc. is a leader in the design and development of M2M
wireless solutions based on 2G, 3G and 4G technologies. The Company delivers
Internet of Things (IoT) and SAAS services 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. (NVTLF)

(C) 2014 Novatel Wireless, Inc. All rights reserved. The Novatel Wireless name
and logo are trademarks of Novatel Wireless, Inc.

Contact:

Investor contact:
The Blueshirt Group for Novatel Wireless
Matthew Hunt or David Niederman, 415-489-2194 or 415-489-2189
matt@blueshirtgroup.com
david@blueshirtgroup.com
 
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