Novatel deals with AETH and MCOM....................................................Novatel Wireless First to License Ricochet End-User Technology
-- Novatel Wireless to Distribute Ricochet Wireless Modems to Mobile Professionals --
San Diego, California – October 15, 1999 -- Metricom, Inc. (NASDAQ: MCOM), a leading provider of mobile data networking and technology, and Novatel Wireless, a leading provider of wireless Internet solutions, today announced a technology license agreement. The agreement will result in Novatel Wireless' delivery of Ricochet wireless modem devices next year for portable computer users who want to stay connected to data anywhere at speeds of 128 kbps. As the first to license Ricochet end-user technology for direct retail, Novatel Wireless is expected to develop various form factors that will also be available from Ricochet service resellers.
"We are excited to be working with Metricom to provide users with the first wireless modems to offer true high-speed data and Internet access. This new service represents a substantial increase in speed over existing wireless data networks," said Bruce Gray, Vice President of Sales and Marketing for Novatel Wireless. "By combining Novatel Wireless' experience in delivering wireless data solutions and Metricom's expertise in high-speed mobile data networks we feel that the big winner in this deal will be the end-users."
These co-branded devices will work with Ricochet 128 kbps mobile data service, which is scheduled for availability beginning in Summer 2000. With ISDN-like performance for laptop computers, mobile professionals will be able to experience the full power of true wireless remote computing for the first time, with the ability to replicate their office computing experience outside the confines of the office.
"Novatel Wireless' PC card modem development leadership and radio frequency expertise, coupled with their distribution channels, will help advance the adoption of Ricochet among mobile professionals wanting to stay connected to information with high-speed always-on performance," said John Wernke, Senior Vice President of Marketing and Sales for Metricom. "By working with Novatel Wireless, we will be able to extend the end-user device options available through current and future distribution partners."
Ricochet customer devices are outfitted with small antennas that exchange data with Ricochet micro cell radios mounted on city streetlight and utility poles. These "poletop" radios communicate with each other and local wired access points using a meshed frequency-hopping network architecture, which is interconnected to a wired local network and the national Internet backbone. In this way, customers can stay connected to data anywhere in coverage areas, without being tied to a wall jack, even while moving at speeds up to 70 miles an hour.
Metricom expects to sign additional license agreements with multiple vendors to provide a variety of Ricochet end-user devices to the marketplace.
About Novatel Wireless
Novatel Wireless, Inc. is a leading-edge wireless communications company headquartered in San Diego. The company designs and markets low-cost, turnkey wireless Internet solutions for both mobile and fixed environments. Novatel Wireless' product portfolio includes the Merlin ™ PC card, the Minstrel® line of modem cradles, the Viking™ line of wireless ruggedized laptops, the CONTACT® Wireless H/PC, the Sage® Wireless IP Modem, the 3-Watt Modem and the NRM-6812 and Expedite™ OEM modules. Novatel Wireless is a privately held company. For more information on our products please visit the Novatel Wireless Web site: www.novatelwireless.com or call 888-888-9231.
About Metricom
Metricom, Inc. is a leading provider of mobile data networking and technology. The Company's Ricochet service provides mobile professionals with high-performance, cost-effective untethered access to the Internet, private Intranets, local-area networks, e-mail, and other online services. Ricochet is generally available in the greater San Francisco Bay Area, Seattle, and Washington, D.C. metropolitan areas; in select areas of New York City; on select corporate campuses; and at gate areas at major airports throughout the United States. For more information, call 1-800 Go-Wireless, or visit Metricom's Web site at metricom.com.
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Novatel Wireless and Aether Technologies Provide Wireless Access to Real-Time Information - Aether Technologies Chooses the Novatel Wireless CONTACT Handheld PC as Product of Choice -
San Diego, California –August 18, 1998 – Novatel Wireless, a leading-edge wireless communications company, and Aether Technologies, the global leader in wireless data systems solutions, today announced that Novatel Wireless' CONTACTTM has become Aether's preferred wireless handheld PC solution.
The first product Aether will offer via the Novatel Wireless CONTACT is Reuters MarketClip, a real-time financial information tool. The CONTACT solution for the MarketClip is available immediately. Reuters MarketClip, developed by Aether Technologies and Reuters, is an interactive financial system that provides stock brokers and investment bankers with instant access to important time-critical information including stock quotes, charts, market summaries, volume and price alerts, and news headlines. |