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Archive 2002NovAtel Inc. Appoints New VP Marketing
(Calgary, Alberta, Canada, July 10, 2002) - Jonathan Ladd, President and CEO of NovAtel Inc. (Nasdaq: NGPS), is pleased to announce the appointment of Farlin Halsey, Jr. to the position of Vice President, Marketing. “This appointment reflects NovAtel’s commitment to focus on customer requirements and market trends to improve customer satisfaction, return on investment and overall brand awareness,” said Ladd. Mr. Halsey will be responsible for providing leadership in market analysis, product requirements and product promotions. His goal is to guide development of market-driven products, maximize brand and product awareness, and increase customer satisfaction in order to drive profitability and growth. Prior to joining NovAtel, Mr. Halsey was Vice President of Marketing for JP Mobile, Dallas, Texas. He was responsible for product marketing and marketing communications, including market research; developing technical and marketing collateral; and managing public relations, tradeshows, web site content, and corporate advertising. Mr. Halsey also worked for Navigation Technologies Corporation as the Director of Marketing-Personal Navigation and for Topcon America Corporation as the Marketing Manager and GPS National Sales Manager for North America. NovAtel Inc. designs, markets and supports a broad range of products that determine precise geographic locations using the Global Positioning System (GPS) and is the principal supplier of reference receivers to WAAS ground networks around the world. NovAtel’s GPS products are used principally for applications in precision markets such as the surveying, geographic information systems, aviation, marine, mining, machine control, agriculture and precise timing markets. For further information please visit the Company’s website at www.novatel.com. Certain statements in this news release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or developments in the Company's industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to, operating results of subsidiaries and joint ventures, establishing and maintaining effective distribution channels, certification and market acceptance of the Company's new products, impact and timing of large orders, pricing pressures in the market and other competitive factors, maintaining technological leadership, timing of revenue recognition in connection with certain contracts, the ability to maintain supply of products from subcontract manufacturers, the procurement of components to build products, and the impact of industry consolidations, together with the other risks and uncertainties described in public filings.
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