SAN DIEGO October 31, 2011 Novatel Wireless, Inc. (Nasdaq: NVTL), a
leading provider of wireless broadband access solutions, today announced
that shipments of its MiFi® Intelligent Mobile Hotspot have surpassed three
million devices since product introduction in 2009.
"Three years ago we introduced the MiFi Intelligent Mobile Hotspot and
revolutionized the way people access the Internet, from anywhere, anytime,"
says Peter Leparulo, CEO of Novatel Wireless. "The MiFi system architecture
brought a new user-experience to mobile broadband consumers, with one click
connect and no software to install. It also allows carriers to reach a
wider, more diverse subscriber base with innovative service opportunities.
We are very pleased to have achieved this milestone illustrating our
significant market and product leadership for mobile hotspots."
Novatel Wireless invented and launched the MiFi Intelligent Mobile Hotspot
in 2009 and pioneered and created a whole new product category in the
wireless ecosystem. Novatel Wireless owns significant intellectual property
and holds numerous U.S. and international key patents and patent
applications around core elements of the MiFi Intelligent Mobile Hotspot
family of products.
Since its introduction, Novatel Wireless has commercially launched its MiFi
devices with 25 operators worldwide and has received major industry
accolades for innovation.
"We will continue to focus on the value that the MiFi experience brings to
users. With the world becoming increasingly connected, there is opportunity
to improve the way we interact with our wireless devices and our connected
experience," says Rob Hadley, CMO of Novatel Wireless. "We are very proud of
the support for our MiFi family of products and will continue to focus on
innovation that has made the brand what it is today."
Novatel Wireless currently holds 35 issued or allowed U.S. patents and 37
filed U.S. patent applications, some of which it holds or has filed for in
additional patent jurisdictions as well.