MiFi 7000 family expands into new markets, targets business and enterprise customers
San Diego – December 14, 2017 — (BUSINESSWIRE) – Inseego Corp. (Nasdaq:INSG) a global leader in software-as- a-service (SaaS) business intelligence solutions, Internet of Things (IoT) and mobile technology, today announced the launch of the MiFi 7000 Global Mobile Hotspot with TELUS (TSX: T, NYSE: TU) in Canada, Friday, December 15.
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“Inseego is excited to launch the MiFi 7000 at TELUS and expand the customer base for our CAT 9 LTE global mobile hotspot throughout Canada” says Steve Linke, VP of Sales for Inseego. “We are delivering on our strategy to expand our portfolio and market share by providing innovative products to service providers around the globe.”
The global mobile hotspot market is estimated to reach over $5.1 Billion USD by the end of 2023 witnessing a compound annual growth rate (CAGR) of 20.2% over the forecast period i.e. 2016-2023, according to a recent report from Research Nester.
MiFi 7000 is a high performance mobile hotspot which features a 2.4-inch colour touchscreen, real simultaneous dual-band Wi-Fi and hacking prevention. Advanced features include QuickCharge® technology and MiFi Share, a file-sharing feature accessed via a USB thumb drive. With a powerful battery supporting up to 24 hours of use on a single charge, the MiFi 7000 securely connects up to 15 devices on the most advanced LTE networks as well as falls back to HSPA+/UMTS and GPRS/EDGE networks. The MiFi 7000 also offers a built-in universal charging feature for external devices such as smartphones and tablets needing a battery boost, without compromising performance and connectivity.
About Inseego Corp.
Inseego Corp. (Nasdaq: INSG), the global leader in software-as- a-service (SaaS) business intelligence solutions, Internet of Things (IoT) and mobile technology, is transforming business mobility through its broad portfolio of solutions. We enable a wide array of applications for worldwide service provider, enterprise and SMB markets with our asset tracking and carrier activation solutions. Inseego’s high-performance Skyus modems and gateways, and MiFi branded intelligent mobile devices power a wide array of consumer, service provider, SMB and mission critical enterprise applications with a “zero unscheduled downtime” mandate – including industrial IoT, SD WAN failover management and broadband mobile WiFi hotspots. Inseego is headquartered in San Diego, California with offices worldwide. www.inseego.com Twitter @inseego
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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 Inseego’ 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 Inseego’ filings with the United States Securities and Exchange Commission (available at www.sec.gov) and other regulatory agencies.
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