Novatel Commercializes MT 3050 Asset Management Solution For M2M Markets

The MT 3050 is an ideal solution for insurance telematics and fleet management providers who are looking for information on the vehicle, vehicle location or driver behaviour resulting in productivity improvements and cost reductions for customers. Unlike wired telematics devices, the innovative plug-and-play device with internal antennas removes vehicle installation costs and associated vehicle out-of-service time, thereby lowering total up-front costs.

The MT 3050 is a versatile mobile tracking device applicable across numerous market segments such as automotive Insurance, safety/security and roadside assistance, vehicle servicing, driver behaviour management, and fleet management, said Joe Peterson, Global Sales VP of Novatel Wireless M2M business. Regardless of application, our customers are realizing productivity improvements and cost reductions with fast time-to-market and easy deployments. We are thrilled to be able to offer our customers this sophisticated OBD II device — now on the Verizon Wireless network, Peterson continued.

The MT 3050 features Novatel Wireless' on board rules engine that supports customer-defined exception-based rules for applications such as ignition, geo-fencing, trip reporting and other events. It also has built-in threshold events to capture metrics critical to effective fleet and insurance monitoring such as excessive engine speed, rapid acceleration, harsh braking, speed violations, and excessive idling. The MT 3050 can be coupled with Novatel Wireless' robust N4A Communications and Management Software platform to monitor, manage and reconfigure devices remotely from almost anywhere in the world.

Mike Scarbrough, CEO of NexTraq commented: We are pleased to partner with both Novatel Wireless and Verizon Wireless to continue to offer our customers the most comprehensive hardware offering in the telematics space. As a first-to-market GPS fleet tracking company, it's important to partner with companies that provide the most innovative solutions.