Company Profile For Novatel Wireless Inc

Novatel Wireless, Inc. (Novatel Wireless) is a provider of wireless broadband access solutions for the worldwide mobile communications market. The Company's range of products includes third-generation (3G) wireless personal computer (PC) card and ExpressCard modems, embedded modems, universal serial bus (USB) modems and other fixed-mobile convergence (FMC), solutions and communications software for wireless network operators, infrastructure providers, distributors, original equipment manufacturers (OEMs), and vertical markets worldwide. Through the integration of its hardware and software, its products are designed to operate on a majority of global wireless networks, and provide mobile subscribers with secure and convenient high-speed access to corporate, public and personal information through the Internet and enterprise networks. Novatel Wireless also offers software engineering, integration and design services to its customers to facilitate the use of its products.

BRIEF: For the nine months ended 30 September 2009, Novatel Wireless, Inc.'s revenues decreased 3% to $248.8M. Net income increased 70% to $3M. Revenues reflect a decrease in demand for the Company's product and services. Net income benefited from a decrease in cost of revenue, higher gross profit, a decrease in sales & marketing expenses and the presence of other income vs. an expense The Company designs & develops wireless broadband access solutions.