Novatel Wireless and RacoWireless Provide Aftermarket Telematics Solution Targeting LATAM Markets
June 20 2014 - 8:00AM
Business Wire
Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of
intelligent wireless solutions, and RacoWireless, a global provider
of wireless data and location-based solutions, today announced the
incorporation of Novatel Wireless’ integrated product line with
RacoWireless’ Position Logic platform, providing a full, end-to-end
aftermarket telematics solution for LATAM markets.
KEY HIGHLIGHTS:
- The platform integration includes
Novatel Wireless’ MT 2500, part of the Novatel Wireless Mobile
Tracking portfolio, which captures and monitors driver behavior,
relaying vehicle information on rapid acceleration, harsh braking,
speed violations and excessive idling. With an optional battery for
communications when power is lost, the MT 2500 offers a feature
rich solution with low implementation and operational costs.
- Teaming with RacoWireless provides
customers with a bundled solution with Novatel Wireless products,
RacoWireless service and RacoWireless’ Position Logic platform that
allows companies to track anything anywhere through a powerful,
award-winning interface.
- The MT-Gu is also on the list of GPRS
devices that supports the Position Logic Platform, which has been a
top rated telematics device in the LATAM market for more than six
years.
SUPPORTING QUOTE:
- Joe Peterson, VP M2M Sales, Novatel
Wireless, said: “The Position Logic platform excels at
providing its customers with precision location based services.
Novatel Wireless is excited to partner with RacoWireless to provide
customers in the LATAM market with a bundled solution for
aftermarket telematics.”
- Felix Lluberes, President of
Location-Based Services, RacoWireless, said: “Novatel Wireless’
leading M2M solutions are a clear choice for aftermarket telematics
deployments. Coupling their leading devices with our platform
enables us to deliver a full featured, end-to-end solution to our
customers.”
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) 2014 Novatel Wireless, Inc. All rights reserved. The Novatel
Wireless name and logo are trademarks of Novatel Wireless, Inc.
Other Company, product or service names mentioned herein are the
trademarks of their respective owners.
About RacoWireless
RacoWireless (www.racowireless.com) is a leading global provider
of wireless data solutions to the machine-to-machine (M2M)
industry. The company lives by its mission to ‘make it easy’ by
providing support for companies to build, manage and enhance
wireless M2M solutions. Among its numerous awards, RacoWireless has
been recognized as leader in wireless innovation and
entrepreneurship. Visit www.racowireless.com for more
information.
Novatel WirelessNadel PhelanCara
Sloman, +1 831-440-2411cara@nadelphelan.comorRacoWirelessCalysto CommunicationsJustine
Schneider, +1 877-701-2060 ext. 507jschneider@calysto.com
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