Novatel Wireless Announces MT 1200, a Programmable Mobile Tracking Solution for Fleet Management, Insurance and Other Connect...
January 07 2015 - 12:00PM
Novatel Wireless, Inc. (Nasdaq:MIFI), a leading provider of
solutions for the Internet of Things, today introduces the
competitively priced MT 1200, a mobile tracking telematics solution
for fleet management, usage based insurance and other connected
vehicle applications.
Telematics is the cornerstone for efficient logistics and fleet
management and a key option for insurers looking to increase
customer loyalty and offer value-add services. According to ABI
Research, telematics applications are the second largest M2M
application. The number of global insurance telematics users is
expected to increase at a CAGR of 90%, reaching 89 million in 2017,
according to the report. The global fleet management market is
set to grow at CAGR of 24% reaching $35B in value by 2019,
according to RNR Research (November 2014).
Designed to simplify integration and use, the compact MT 1200
offers "tried and true" vehicle tracking and driver behavior
monitoring features combined with an open platform option and a
best-in-class user experience designed for swift integration and
efficient management. The MT 1200 supports GPRS, CDMA2000® 1xRTT,
and HSDPA technologies.
With the open platform option, the MT 1200 offers the
flexibility to host software applications from Telematics Service
Providers (TSPs), ideal for aftermarket solution providers to port
their proprietary code for easy integration with their
applications. This open platform is complemented by the MT 1200
on-board Smart Agent™, a programmable software engine that enables
customers to customize event reporting based on their needs, such
as defining geo-fences, setting specific behavior reporting and
even enabling or disabling remote starts.
In addition to programmable options, the MT 1200 also offers a
unique combination of leading technology features, such as:
- Supports both GPS and GLONASS
- Low Power Sleep (LPS) mode to avoid vehicle battery draining
when parked for long periods of time
- Built-in internal back up battery
- Highly sensitive 3-axis digital accelerometer for the most
accurate behavior reporting possible, including environmental
factors, hard cornering, precise collision reporting, hard
acceleration and hard braking and more
- Accelerometer auto-calibration for device orientation
- Professional Services support to help facilitate Trials, Pilot
and Production rollout
- Cloud Management with N4A™, offering a scalable cloud solution
for device management, OTA updates and monitoring
"Novatel Wireless is committed to creating value-based IoT
solutions that deliver on price, reliability, a smart combination
of advanced technologies and services, and the best user
experience," says Dr. Slim Souissi, President and COO
of Novatel Wireless. "This latest addition to our telematics
portfolio further demonstrates our technology leadership while
offering our customers the value and flexibility they need to
increase efficiencies and reduce costs."
About Novatel Wireless
Novatel Wireless, Inc. (Nasdaq:MIFI) 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
Cloud SAAS services to carriers, distributors, retailers, OEMs and
vertical markets worldwide. Product lines include MiFi® Intelligent
Mobile Hotspots, USB modems, Expedite® and Enabler embedded
modules, Mobile Tracking Solutions, and Asset Tracking Solutions.
These innovative products provide anywhere, anytime communications
solutions for consumers and enterprises. Novatel Wireless is
headquartered in San Diego, California. http://www.nvtl.com @MiFi
(Twitter)
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) 2015 Novatel Wireless. All rights reserved. Novatel
Wireless and MiFi are trademarks of Novatel Wireless,
Inc.
CONTACT: Media Contact:
Novatel Wireless
Anette Gaven
619-993-3058
agaven@nvtl.com
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