Novatel
Wireless, Inc. (Nasdaq: NVTL), a leading provider of intelligent
wireless solutions, and RAC Motoring Services, one of the UK’s most
progressive motoring organizations, today announce that they have signed
a long term Supply and License Agreement. Under the agreement, Novatel
Wireless will supply the RAC with its newly announced MT 3060 device,
customized for the RAC Advance solution. Novatel Wireless will also
license to the RAC its N4A™ Device Manager software, and will host the
management of the RAC devices. RAC’s version of MT 3060 and the N4A
Device Manager will be part of the RAC Advance branded solution, which
will incorporate leading edge vehicle telematics and advanced crash
detection technology in a range of solutions for fleet, insurance and
breakdown applications.
With over seven million customers the RAC is dedicated to providing a
one-stop-shop for motorists’ needs -- providing roadside assistance,
insurance, vehicle inspections and checks, legal services and
up-to-the-minute traffic and travel information.
“The RAC is committed to providing the very highest levels of service to
our customers. We will target our members, insurance clients and
corporate fleet customers with this new service including advanced crash
detection, remote vehicle diagnostics, fuel saving, driver scoring, and
fleet management,” says Kerry Michael, RAC Commercial Director. “The RAC
chose Novatel Wireless for its innovative products, its expertise in M2M
telematics, and its ability to meet our expectations for superior
quality and performance.”
“The launch of RAC Advance follows months of ongoing cooperation between
the two companies,” says Peter Leparulo, CEO of Novatel Wireless. “We
are excited about our close partnership with the RAC, and proud be part
of their revolutionary approach to telematics and roadside assistance
services.”
The MT 3060 platform is an integrated, system-level technology solution
for commercial and consumer telematics markets. The device simply
inserts into the OBDII port of a vehicle, and collects and controls
critical vehicle data, and securely delivers that information to the
cloud. It boasts a highly sensitive 3-axis accelerometer and parallel
GPS/GNSS satellite location capability, and offers the most
sophisticated and sensitive crash detection.
As part of RAC Advance, RAC’s MT 3060 device is designed for full
compatibility with Novatel Wireless’ N4A™ Device Manager, a robust M2M
software platform which accelerates customer application integration,
configures, manages, and supports Novatel Wireless’ M2M devices.
RAC Advance will allow the RAC member’s vehicle to remotely communicate
with base to provide diagnostic information that could potentially
identify certain vehicle faults before they result in a stressful or
inconvenient breakdown. In addition, RAC members will be able to check
multiple levels of performance and key information via an application on
their smartphone or tablet. In the event of a breakdown, RAC Advance
will allow the response team to remotely connect with the onboard
diagnostics software helping identify the fault and accurately position
the motorist’s location, enabling the rescue service to quickly and
effectively dispatch a patrol.
About RAC
With around seven million members, the RAC is one of the UK’s most
progressive motoring organizations, providing services for both private
and business motorists. Whether it’s roadside assistance, insurance,
buying a used car, vehicle inspections and checks, legal services or
up-to-the-minute traffic and travel information – the RAC offers a
solution for all motoring needs. The RAC is committed to making motoring
easier, safer, more affordable and more enjoyable for drivers and road
users.
The RAC is the motorist’s champion and campaigns to support the
interests of its members and UK motorists at a national level, including
advancing levels of road safety, supporting the needs of young drivers
and voicing concerns about the increasing cost of motoring. The RAC’s
annual Report on Motoring survey, now in its 25th year,
provides a clear insight into the concerns and issues facing today’s
motorists.
The RAC supports FairFuelUK campaigning for fairer taxes on petrol and
diesel. Show support and find out more at www.fairfueluk.com.
Key facts:
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RAC patrols fix four out of five vehicles at the roadside and on an
average within 37 minutes
-
The RAC has more patrols per member than any other breakdown provider
-
98% of members would recommend RAC Rescue to their friends and family
RAC press releases, news alerts and a wealth of motoring research is
available from www.rac.co.uk/press-centre/.
Follow us on Twitter:
Follow us on Facebook: www.facebook.com/RAC
Win an Ariel Atom
The RAC is giving away this iconic British performance car as part of
the 2013 Goodwood Festival of Speed celebrations. For more information
and to enter, visit www.rac.co.uk/win-an-atom
before 31 August 2013.
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. The
company delivers specialized wireless solutions to carriers,
distributors, retailers, OEMs and vertical markets worldwide. Product
lines include MiFi® Intelligent Mobile Hotspots, Ovation™ USB modems,
Expedite® embedded modules, Mobile Tracking Solutions, Asset Tracking
Solutions, and Enabler smart M2M modules. These innovative products
provide 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.nvtl.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) 2013 Novatel Wireless, Inc. All rights reserved. The Novatel
Wireless name and logo, Enfora and N4A are trademarks of Novatel
Wireless, Inc. Other Company, product or service names mentioned herein
are the trademarks of their respective owners.
Copyright Business Wire 2013