Telematics Specialist DigiCore and Novatel Wireless Strengthen Partnership for IoT Solutions
February 24 2015 - 9:00AM
Novatel Wireless, Inc., (Nasdaq: MIFI), a leading provider of
wireless solutions for the Internet of Things (IoT), and DigiCore
Holdings, Ltd. (JSE:DGC), a leading provider of advanced
machine-to-machine (M2M) communication and telematics solutions,
today announce that Novatel Wireless has appointed DigiCore as new
Master Distributor for South Africa. DigiCore offers IoT solutions
through its Ctrack® brand, which covers vehicle tracking, insurance
telematics and fleet management solutions and services. Under the
Agreement, DigiCore will offer a portfolio mix of specialized and
scalable cellular Novatel Wireless IoT solutions for both
commercial and consumer telematics markets in addition to the MiFi®
brand of LTE mobile hotspots.
Frost and Sullivan report that the telematics penetration in
South Africa is expected to reach 22.5% by 2021, generating $0.4B.
Main drivers for growth include volatile fuel costs, a competitive
auto insurance industry, and a high incidence of vehicle theft and
road accidents.
DigiCore, through its Ctrack brand, will promote, sell and
support the MiFi Drive line of mobile tracking devices including
the MiFi Powered SA 2100, a "vehicle-as-hub" gateway, and MiFi
brand mobile hotspot solutions. Unique features optimized for
telematics applications, such as advanced diagnostics with dual
accelerometers, highly-sensitive GPS technology, programmable
platforms, and 3G/4G LTE certified network options are available in
a variety of compact, M2M grade designs customized to the unique
needs of different vehicle types.
"We wanted a partner with solutions that reflect a high standard
of innovative technology and quality with clear differentiation
from the competition. Novatel Wireless continues to satisfy these
criteria in full and beyond," says Mark Rousseau, COO DigiCore,
supplier of Ctrack. "There are hundreds of data points that
owners and operators can use to improve their operations and there
is no one-fits-all solution. The Novatel Wireless IoT suite of
solutions boasts an impressive programmable events engine that can
be easily tailored to support customer-specific needs. That
flexibility combined with reliable, world class support is what
makes Novatel Wireless an attractive partner."
"DigiCore's great strength and reputation primarily lies in its
comprehensive sales and distributor network across the globe,
combined with its logistics, sales and technical expertise," says
Chip Harleman, Senior Vice President and General Manager of Novatel
Wireless. "The expansion of our partnership with DigiCore puts us
in an excellent position toward accomplishing our global
distribution goals for IoT solutions."
Novatel Wireless is strengthening its existing cooperation with
DigiCore, which has been offering Ctrack's extensive distribution
network the award-winning MT 3060 cellular OBD II device and the
recently announced MT 1200. The continued partnership enables
DigiCore to address market demands for a variety of customizable,
innovative telematics solutions across multiple industries.
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)
MiFi is a registered trademark of Novatel Wireless, Inc. –
the creators and patent holders of MiFi technology.
About DigiCore / Ctrack:
Ctrack is part of JSE-listed DigiCore Holdings and specialises
in vehicle tracking, fleet management and insurance telematics for
a global client base. With more than 29 years of innovation,
technical and implementation experience, Ctrack is recognised as a
world-leading provider of advanced machine-to-machine communication
and telematics solutions that adds value to this global base of
customers with mobile assets. Ctrack's end-to-end research, design,
development, manufacturing, sales and support of customised
solutions for customers is serviced by a global network of staff
and team members in more than 50 countries. The company's
technology and electronic division designs and develops a robust
range of asset management and monitoring systems using GPS
satellite positioning, GSM cellular communication systems, and
other advanced communication and sensory technologies.
The result is innovative and advanced machine-to-machine
communication that provide Ctrack customers with 24x7x365
information and monitoring of their mobile assets that help them to
achieve operational efficiencies and cost reduction targets.
Operations span six continents, with over 1,000 employees.
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.
CONTACT: Editorial Contacts:
For Novatel Wireless
Anette Gaven
agaven@nvtl.com
619.993.3058
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