BASKING RIDGE, N.J., and SAN DIEGO — Verizon Wireless announced that the USB760™ Micro Modem is available in business sales channels beginning today. Developed by Novatel Wireless (NASDAQ: NVTL), a leading provider of wireless broadband solutions, the USB760 gives customers a powerful, pocket-sized wireless broadband modem that runs on Verizon Wireless’ high-speed network, which uses Evolution-Data Optimized (EV-DO) Revision A (Rev. A) technology. The USB760 will be available for order in Verizon Wireless Communications Stores on Dec. 1.
Customers can use the included VZAccess Manager™ software on the USB760 for easy connection management and automatic installation on Windows® and Mac systems without the need to install software from a CD. Measuring just more than two inches long and weighing less than an ounce, the USB760 is designed to be extremely durable, and combines a variety of innovative features into its tiny package, including an integrated microSD™ slot, allowing for the seamless storage and transport of up to 8 GB of files, photos or videos on a removable SD storage card (sold separately). Designed to work with any laptop, tablet PC or desktop running Windows, Mac or Linux operating systems and equipped with a Type-A USB port, the USB760 features an internal advanced dual-band diversity antenna, as well as an optional external antenna for enhanced performance on the fringe areas of networks and in highly mobile environments. NovaSpeed™ software helps optimize performance and enables simultaneous uploads and downloads at significantly enhanced speeds.
The USB760 from Verizon Wireless gives customers access to the company’s BroadbandAccess service, which provides fast access to e-mail, corporate data, the Internet and more. With average download speeds of 600 kilobits per second (kbps) to 1.4 megabits per second and average upload speeds of 500-800 kbps, BroadbandAccess from Verizon Wireless allows customers to download a 1 Megabyte e-mail attachment – the equivalent of a small PowerPoint® presentation or a large PDF file – in about eight seconds and upload the same-sized file in less than 13 seconds.
The USB760 is available for $99.99 after a $50 mail-in rebate and a new two-year agreement. Customers will receive the rebate in the form of a debit card; upon receipt, they may use the card as cash anywhere debit cards are accepted. Customers can select from one- or two-year BroadbandAccess plans that offer 50 MB data usage for $39.99 monthly access or 5 GB data usage for $59.99 monthly access.
For more information about Verizon Wireless products and services, visit a Verizon Wireless Communications Store, call 1-800-2 JOIN IN or go to www.verizonwireless.com. Business customers may contact their Verizon Wireless Business Sales Representatives directly at 1-800-VZW-4BIZ.
About Verizon Wireless
Verizon Wireless operates the nation’s most reliable wireless voice and data network, serving 70.8 million customers. Headquartered in Basking Ridge, N.J., with 71,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE and LSE: VOD). For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.
About Novatel Wireless
Novatel Wireless, Inc. is revolutionizing wireless communications. The company is a leader in the design and development of innovative wireless broadband access solutions based on 3G WCDMA (HSDPA & UMTS), CDMA and GSM technologies. Novatel Wireless’ Merlin™ PC Cards and ExpressCards, Expedite® Embedded Modules, MobiLink™ Communications Software Suite, Ovation™ Fixed Mobile Convergence Products and Conversa™ Software Suite enable high-speed wireless access. The company delivers innovative 3G solutions to operators, distributors and vertical markets worldwide. 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) 2008 Novatel Wireless. All rights reserved. The Novatel Wireless logo, name and NovaSpeed are trademarks of Novatel Wireless, Inc. Other product or service names mentioned herein are the trademarks of their respective owners.