SAN DIEGO, May 8, 2015 (GLOBE NEWSWIRE) -- Novatel Wireless, Inc. (Nasdaq:MIFI), a leading provider of intelligent wireless solutions that simplify the Internet of Things (IoT), announced the appointment of Lance Bridges to the position of senior vice president, general counsel, effective May 7, 2015. As senior vice president, general counsel, Mr. Bridges will lead the global legal function across the company and its subsidiaries.
"Lance is a respected and experienced leader in managing in-house legal teams," said Alex Mashinsky, CEO Novatel Wireless. "His expertise in leading mergers and acquisitions activities, managing corporate governance, enterprise risk management and ensuring legal compliance will further enable us to move as swiftly and intelligently as possible as we continue to expand our footprint in the Internet of Things. We're thrilled to welcome him to team."
Mr. Bridges brings over 25 years of experience in general business and corporate law matters, with a particular emphasis on mergers and acquisitions (M&A) and financing transactions. Mr. Bridges joins Novatel Wireless from Entropic Communications (Nasdaq:ENTR) (NYSE:MXL), a leading provider of semiconductor solutions for the connected home, where he served as senior vice president and general counsel from 2007 to 2015, overseeing the company's M&A activities, international legal affairs and strategic intellectual property organizations. Prior to joining Entropic, Mr. Bridges was a Partner at Cooley LLP, serving as outside general counsel to venture backed private companies and publicly traded companies across multiple industries.
Mr. Bridges received his juris doctor from the University of California, Berkeley School of Law (Boalt Hall). Additionally, Mr. Bridges earned a master of business administration degree concentrating in finance and strategic planning from The Walter A. Haas School of Business Administration, University of California at Berkeley. The Financial Times profiled Mr. Bridges for developing one of the 25 most innovative in-house legal teams in North America in December 2014 and he is professionally recognized as one of the Best Lawyers in America and California by leading publications. He is a member of the State Bar of California and Business Law section of the American Bar Association.
This is the second strategic addition to the Novatel Wireless management team in three weeks, following the recent announced addition of John Carney, former Google executive, as senior vice president of sales and marketing. Mashinsky added, "Our team is making significant accomplishments in a short amount of time. We continue to shake things up and it's going to get very interesting."
About Novatel Wireless, Inc.
Novatel Wireless, Inc. (Nasdaq:MIFI) is a leader in the design and development of M2M wireless solutions based on 3G and 4G technologies. The Company delivers Internet of Things (IoT) and Cloud SAAS services to carriers, distributors, retailers, OEMs and vertical markets worldwide. Product lines include MiFi® Intelligent Mobile Hotspots, USB modems, Expedite® and Enabler embedded modules, Mobile Tracking Solutions, and Asset Tracking Solutions. These innovative products provide anywhere, anytime communications solutions for consumers and enterprises. Novatel Wireless is headquartered in San Diego, California. http://www.nvtl.com. @MiFi (Twitter)
(C) 2015 Novatel Wireless, Inc. All rights reserved. Novatel Wireless - inventor of MiFi technology.
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 Novatel Wireless' 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 Novatel Wireless' filings with the United States Securities and Exchange Commission (available at www.sec.gov) and other regulatory agencies.
Investor Relations Michael Sklansky 646-270-5855 Editorial Anette Gaven 619-993-3058
