MiFi Drive Portfolio Motors In-Car Cleverness Telematics Offering
April 15 2015 - 5:00AM
Novatel Wireless, Inc., (Nasdaq:MIFI), a leading provider of
wireless solutions for the Internet of Things (IoT), and In-Car
Cleverness Limited, a subsidiary of Automotive and Insurance
Solutions Group Plc (AIS) and leading vehicle-to-business
technology provider, today announce that Novatel Wireless will be
supplying In-Car Cleverness a portfolio mix of specialized and
scalable cellular IoT solutions for both commercial and consumer
telematics markets. The solution will be deployed in the United
Kingdom later this month and is now commercially available for
deployment throughout Europe, the Middle East, and Africa (EMEA).
Demand for in-car telematics has experienced acceleration due to
government mandated road safety initiatives throughout the regions.
These initiatives propel demand for value-add services such as
theft-tracking, emergency services, remote vehicle monitoring,
roadside assistance, driver behavior monitoring and auto
diagnostics.
Under the agreement, In-Car Cleverness offer the Novatel
Wireless line of MiFi Drive IoT solutions for telematics in
addition to licensing the Novatel Wireless Device Manager software
for remote management of devices. The portfolio includes plug and
play OBD II devices that support all five engine OBD protocols,
fixed trackers, and "vehicle-as-hub" gateways. Unique features for
telematics applications, such as highly sensitive dual
accelerometers, advanced diagnostics, pin-point GPS/GLONASS
technology, programmable platforms, and cellular certified network
options are available in a variety of compact, M2M grade designs
customized to the unique needs of different vehicle types.
"Together, MiFi Drive and In-Car Cleverness offer the most
advanced telematics solution for fleets, leasing companies and
usage-based insurers, in an intuitive and easy-to-use package,"
said Martin Bramwell, Managing Director at In-Car Cleverness. "MiFi
Drive technology and its high-performance sensors offer unrivaled
pinpoint vehicle tracking, precision accident detection and
accurate driver behavior profiling which gives our offering the
competitive edge we were looking for."
"In-Car Cleverness delivers an impressive solution via the
Onboard™ platform," says Chip Harleman, Senior Vice President and
General Manager of Novatel Wireless. "In order to deliver a
solution that customers can rely on, there must be a commitment to
testing. Our rigorous compatibility testing standards combined with
ICC's ongoing robust real-world testing delivers a solution our
customers can count on."
With MiFi Drive as the motor that enables the In-Car Cleverness
platform, customers benefit from reliable, precise driver behavior
data and diagnostics. The solution targets car rental companies,
fleets, auto dealerships, and automobile insurance companies that
require reliable, cutting-edge technology. The technology not only
helps businesses mitigate risk and improve efficiencies, it
delivers valuable insights on driver behavior that are critical to
making informed, proactive business decisions. Users benefit from
overall improved driver safety, reduced premiums, and a motivation
to be more conscious drivers.
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 In-Car Cleverness
In-Car Cleverness Limited is part of Automotive and Insurance
Solutions Group Plc (AIS), a group which includes the brands
Accident Exchange, DCML and APU.The company designs and develops an
innovative 'end to end' solution enabling dealerships,
manufacturers, rental operators & leasing and contract-hire
companies to enhance customer engagement and improve profitability
by continually listening to what a car has to say and then acting
upon it. www.onboard.co.uk
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
Novatel Wireless, Inc. (NASDAQ:MIFI)
Historical Stock Chart
From Oct 2024 to Nov 2024
Novatel Wireless, Inc. (NASDAQ:MIFI)
Historical Stock Chart
From Nov 2023 to Nov 2024