SAN DIEGO, March 21, 2011 /PRNewswire/ -- Novatel Wireless, Inc. (Nasdaq: NVTL), a leading provider of intelligent wireless networking solutions, today announces that Enfora, Inc., a Novatel Wireless company, is announcing the Spider® MT 2500 -- its first mobile tracking platform that combines the benefits of a 3-axis accelerometer and multi-GPIO flexibility solving the most critical vehicle problems.
Designed to be adaptable to multiple vertical markets, including fleet, vehicle recovery, insurance, buy-here-pay-here and more, the new Spider MT 2500 is offered as an economical solution, providing enhanced vehicle tracking solutions to the market. With the introduction of the FOTA enabled quad band GSM/GPRS device with internal antennas, 3-axis accelerometer, analog inputs and other GPIO, the Spider MT 2500 ensures a feature rich solution with low implementation and operation costs.
Optimized for the mass market, this unit can capture and monitor information for today's most demanding fleet and vehicle recovery applications, relaying vehicle and driver behavior information on rapid acceleration, harsh braking, speed violations, and excessive idling. With an optional battery for communications when power is lost, the Spider MT 2500 is optimized for a host of vertical markets where critical vehicle information is required.
"Through years of experience and detailed customer interactions Enfora has responded to the market demand for a high-performance, full-featured, low-cost device," said Rob Hadley, CMO of Novatel Wireless. "We're seeing increased demand for seamless and smart fleet management and vehicle recovery solutions from the enterprises and insurance companies. We're excited to introduce the Spider MT 2500 solution, which has been designed specifically to easily and wirelessly enable a seamless connection from mobile assets to the enterprise very cost-effectively."
The Spider MT 2500 solution is commercially available today.
About Novatel Wireless
Novatel Wireless, Inc. is a leader in the design and development of intelligent wireless solutions based on 2G, 3G and 4G technologies providing wireless connectivity. The Company delivers specialized wireless solutions to carriers, distributors, retailers, OEMs and vertical markets worldwide. Novatel Wireless' Intelligent Mobile Hotspot products, software, USB modems, embedded modules and smart M2M modules provide innovative anywhere, anytime communications solutions for consumers and enterprises. 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) 2011 Novatel Wireless, Inc. All rights reserved. The Novatel Wireless name and logo, Enfora, and Spider are trademarks of Novatel Wireless, Inc. or its subsidiaries. Other Company, product or service names mentioned herein are the trademarks of their respective owners.
SOURCE Novatel Wireless, Inc.