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Novatel Wireless, Inc. (NVTL) To Launch MiFi 5510L, A 4G LTE Mobile Hotspot, With Verizon Wireless

|Includes: Inseego Corp. (INSG)

Novatel Wireless, a leading designer and developer of intelligent wireless solutions based on 2G, 3G and 4G technologies, has announced that the new MiFi 5510L Intelligent Mobile Hotspot will be launched on the Verizon Wireless network as the Verizon Jetpack 4G LTE Mobile Hotspot MiFi 5510L.

The fifth 4G LTE MiFi Intelligent Mobile Hotspot device to be developed and brought to market by Novatel, the MiFi 5510L has an exterior that is based on Verizon's new iconic design with a red, translucent lens. The device, combined with Novatel's award-winning MiFi Mobile Hotspot technology inside, offers best-in-class performance, ease of use, and an intuitive experience for users.

A personal mobile hotspot, the MiFi 5510L provides on-the-go Internet connectivity and capabilities of simultaneously sharing high-speed 4G LTE broadband Internet connectivity with up to 10 Wi-Fi enabled devices. The MiFi 5510L also features capacitive touch navigation keys for quick, easy access to essential device details, and it supports the latest security requirements mandated by some of the strictest corporate VPNs, including VPN Pass-through and SPI Firewall. Other new features include real-time data usage reporting, enabling the user to quickly understand how much data they have left to use on their monthly plan; IPv6 end-to-end support; and a long-lasting battery that supplies up to eight hours of continuous use on a single charge.

"We are excited to launch our fifth 4G LTE MiFi mobile hotspot and to be able to provide portfolio offerings for both value and premium segments of the market," said Novatel Wireless CMO Rob Hadley.

The Verizon Jetpack 4G LTE Mobile Hotspot MiFi 5510L will be commercially available on the Verizon Web site beginning Jan. 31. The device will be available in Verizon Wireless stores in the weeks following, selling for $19.99 with a new two-year contract and after a $50 mail-in rebate.

For more information about Novatel Wireless, visit www.nvtl.com

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