Novatel Wireless Extends Deal With GPS Chile to Deliver 3G M2M Fleet Management Telematics Solution
February 17 2015 - 8:34AM
Novatel Wireless, Inc., (Nasdaq:MIFI), a leading provider of
wireless solutions for the Internet of Things, today announced an
agreement to continue volume shipments to GPS Chile, Chile's
largest fleet management company. Under the partnership, Novatel
Wireless is supplying GPS Chile with a feature-rich telematics
solution, MiFi® Drive model MT 4100. It is a mobile tracking
solution that is tightly integrated into GPS Chile's application
for commercial use in trucks, trailers and vehicles.
Research from an article published by Telefonica reflects an
overall 30% annual growth rate for fleet management in Latin
America between 2013-2016, where Chile is ranked as the region's
most mature market focused on fleet management. The number of
active fleet management systems installed in vehicles in central
and South America is expected to increase 16.1% annually through
2018, according to Berg Insights. Pyramid Research explains that
the growth in Chile reflects a greater demand for M2M value-added
services (VAS) where businesses need to realize ROI due to
increasing fuel prices, security and other pressures to be
efficient fleet managers combined with the adoption of new
government regulations and policies, such as the new emissions tax,
and the migration of 2G networks to 3G.
MT 4100: The MT 4100, part of the Novatel
Wireless MiFi Drive family of telematics solutions, is a fully
certified 3G (UMTS), flexible, feature rich M2M device for fleet
management. Advancements to the platform deliver critical features
that drive efficiencies and reduce operational costs. The solution
provides superior GPS location performance using an on-board smart
agent event engine for accelerometer based driver behavior
reporting with advanced diagnostics, extended geo-fencing,
messaging and other events. The MT 4100 also features multiple I/O
ports, 1-Wire® interface, Garmin Fleet Management Interface (FMI)
and an M2M API that simplifies fleet management back-office
integration and compatibility with the on-board smart agent event
engine.
"As the leading fleet management operation throughout Chile
servicing multiple industries, our reputation to deliver customers
the assurance of uninterrupted visibility and reliable information
exchange, especially to those who frequently operate in remote
areas is critical," said Marcelo Tapia, CEO of GPS Chile. "We had
been testing the device for a few months and we're very impressed
with the performance and new features. Novatel Wireless' advanced
and differentiated product offering coupled with their
certification, track record and service support benefits were
essential factors in the selection process, which enable us to
enhance our value proposition in the market."
"We are excited to work with GPS Chile to usher in the next
generation of innovative telematics solutions for the region," said
Chip Harleman, Senior Vice President and General Manager of Novatel
Wireless. "Latin America offers huge opportunities for us and the
present demand in Chile for advanced telematics capabilities is
significant. As an international company committed to scale,
leading technology, quality and support, the opportunity to deliver
end-to-end solutions in an otherwise fragmented industry, give us
an advantage to secure these types of partnerships."
About GPS Chile
GPS Chile is the leader in specialized fleet management
technology and services throughout Chile. Founded in 2001, GPS
Chile provides customized fleet solutions to over 2000 customers
across multiple industries. http://www.gpschile.com/
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.
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: For Novatel Wireless
Anette Gaven
agaven@nvtl.com
619.993.3058
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