Novatel Wireless Updates Progress on OEM Design Wins
Novatel Wireless, Inc. (Nasdaq:NVTL), a leading provider of
wireless broadband access solutions, announced that it has made
substantial progress in commercialization of its next generation
embedded modules across all major technologies. Based on platform
launches currently planned by its OEM customers, the Company currently
expects to see the number of laptop models which are available with
its embedded modules to more than double during 2007. Supporting these
initiatives, the Company's HSDPA E860D and E870D embedded modules for
North American and European bandwidths have now received PTCRB, GCF,
CE and FCC regulatory approvals, and have been certified by two tier-1
European carriers. The Company's next generation HSDPA PCI Express
Mini Card portfolio provides for downlink data rates of up to 7.2
Mbps, offers receive diversity for enhanced fringe performance for
Europe, Asia and North American networks, and allows for connectivity
to all three HSDPA/UMTS frequency bands and all four EDGE/GPRS bands
used worldwide to ensure seamless global roaming on the best available
network.
In addition, the Company also announced that its next generation
EVDO Revision A module, the Expedite E725, has been approved by the
FCC and CDG, and has now been certified by two top North American
carriers. The dual-band Expedite E725 PCI Express Mini Card offers
peak download data rates of 3.1 Mbps and peak upload data rates of 1.8
Mbps, and is compatible with EV-DO Release 0 and 1x networks for
seamless connectivity.
These next generation embedded solutions deliver a rich user
experience for integrated wireless capabilities and services, ranging
from e-mail active notification, multimedia streaming, video
telephony, mobile gaming, corporate network access and web browsing.
In addition, all the Company's next generation modules support
in-demand GPS technology for precise position location, allowing
network operators and laptop manufacturers to differentiate their
offerings and build new revenue streams.
These newest modules join the broad portfolio of Novatel Wireless
embedded solutions integrated by original equipment manufacturers into
laptop computers. Novatel Wireless expects to complete integration and
begin shipments of the E860D, E870D and E725 modules to its OEM
customers during the remainder of this year.
"These latest modules will be integrated into a variety of laptop
platforms by tier-1 laptop manufacturers, and we expect that this next
generation of modules will continue shipping in support of second
generation design wins well into 2008," stated Brad Weinert, acting
chief executive officer at Novatel Wireless. "These second generation
design wins are an example of the strength of our unique value
proposition for OEM customers worldwide. Novatel has a proven record
of success in developing and commercializing our products in both
HSDPA and EV-DO standards and in certifying and supporting both North
American and European operators that none of our competitors can
match."
ABOUT NOVATEL WIRELESS
Novatel Wireless, Inc. is revolutionizing wireless communications.
The company is a leader in the design and development of innovative
wireless broadband access solutions based on 3G WCDMA (HSDPA & UMTS),
CDMA and GSM technologies. Novatel Wireless' Merlin(TM) PC Cards and
ExpressCards, Expedite(R) Embedded Modules, MobiLink(TM)Communications
Software Suite, Ovation(TM) Fixed Mobile Convergence Products and
Conversa(TM) Software Suite enable high-speed wireless access. The
company delivers innovative 3G solutions to operators, distributors
and vertical markets worldwide. Headquartered in San Diego,
California, Novatel Wireless is listed on NASDAQ: NVTL. For more
information please visit www.novatelwireless.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) 2007 Novatel Wireless. All rights reserved. The Novatel
Wireless logo, Merlin, Expedite, MobiLink, Ovation and Conversa are
trademarks of Novatel Wireless, Inc. Other product or service names
mentioned herein are the trademarks of their respective owners.