CradlePoint Introduces Two Solutions for Verizon Wireless 4G LTE Network


Increase Reliability and Performance of Existing Internet Connections

LAS VEGAS and BASKING RIDGE, N.J. -- From the 2011 International Consumer Electronics Show (CES), CradlePoint today announced the NFS750L 4G to Ethernet Bridge and PCS1400L 4G Business Router. Both take advantage of the recently launched Verizon Wireless 4G LTE Mobile Broadband network.

The NFS750L 4G to Ethernet Bridge and the PCS1400L 4G Business Router combine the power and flexibility of CradlePoint's industry leading solutions with the lightning speed of LTE. The 4G Bridge and 4G Router were designed as complete solutions with integrated LTE modems to be used by businesses that require multiple Wi-Fi- or Ethernet-connected users who need access to the highest level of 4G performance. CradlePoint's solutions provide the features, reliability, security and device management that organizations require for business grade network failover and primary connectivity, as well as the 4G connectivity that increases performance of Fiber/T1/DSL/Cable Internet connections that are in use today.

CradlePoint has been delivering business grade Ethernet Bridges and Business Routers that use 3G connectivity to Fortune 1000 stores and branches for more than three years. "One of our key target markets is retail point-of-sale, which is particularly sensitive to downtime," said Brad Surkamer, vice president of sales and marketing at CradlePoint. "We have seen significant adoption of our 3G failover solution in this vertical because we provide greater value and performance than other products. We are delighted to be working with Verizon Wireless to bring to market LTE solutions."

The Verizon Wireless 4G LTE Mobile Broadband network, launched in December 2010, is the fastest, most advanced 4G network in the United States, providing speeds up to 10 times faster than Verizon Wireless' 3G network. Verizon Wireless' 4G LTE Mobile Broadband network currently reaches one-third of all Americans, with plans to expand the network to the company's entire 3G coverage area over the next three years.

These new solutions are a result of collaboration fostered at Verizon Wireless' LTE Innovation Center. The LTE Innovation Center, established in 2008, provides an environment for diverse companies to work together to develop innovative products that leverage 4G LTE technology.

The CradlePoint products will be highlighted from Jan. 6-9 in Verizon Wireless' booth (#35216 in the South Hall of the Las Vegas Convention Center). For more information about the LTE Innovation Center and Verizon Wireless' 4G LTE network, visit www.verizonwireless.com/lte. For information about Verizon Wireless at CES, visit www.verizonwireless.com/ces or follow the company on Twitter at http://twitter.com/verizonwireless.

About Verizon Wireless

Verizon Wireless operates the nation's fastest and most advanced 4G network and largest and most reliable 3G network, and serves more than 93 million customers. Headquartered in Basking Ridge, N.J., with 80,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE, Nasdaq: VZ) and Vodafone (LSE, Nasdaq: 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 CradlePoint

CradlePoint is the leading provider of 4G/3G network router solutions providing business-grade, secure connectivity from 4G and 3G networks to distributed enterprise, small business and mobile consumers. CradlePoint solutions are optimized to provide the highest level of wireless performance and provide management services to ensure the highest level of network uptime. CradlePoint is a privately held company with headquarters in Boise, Idaho. Learn more about CradlePoint products at www.cradlepoint.com.

CONTACT: Debra Lewis, Verizon Wireless, +1-908-559-7512, Debra.Lewis@verizonwireless.com; or Brad Surkamer, CradlePoint, +1-208-908-4374, bsurkamer@cradlepoint.com

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