Archive 2002

NovAtel Launches OEM4-G2 GPS Receiver

For Immediate Release	Contact:	Graham Purves (403) 295-4964
	Investor Contact:	Sonia Ross (403) 295-4532

(Portland, Oregon, USA, September 25, 2002) - NovAtel Inc. (NASDAQ: NGPS), a Global Positioning System (GPS) manufacturer, launched its latest generation GPS receiver, the OEM4-G2, here at the 15th International Technical Meeting of the Satellite Division of the Institute of Navigation. This new receiver is available with an Application Programming Interface (API) option - an enhancement that allows system developers to write specialized application software to run on the OEM4-G2.

According to Graham Purves, NovAtel’s Vice President of Sales, “The new OEM4-G2 with API was designed for more flexibility and ease of integration as it can run customized application software directly onboard. This means that developers don’t have to spend additional resources developing a separate hardware platform for their unique software application. This has a significant impact on time to market and allows them to deliver positioning products to their customers that are smaller, less expensive, more reliable and easier to upgrade.”

“The launch of NovAtel’s OEM4-G2 is another step forward in our strategy to become the leading supplier of precise global positioning technology for system developers. It illustrates our commitment to push the boundaries of innovation in order to provide the best value-added positioning solutions for our customers,” said Jon Ladd, President and CEO of NovAtel.

The OEM4-G2 is a small, high performance, dual frequency receiver featuring patented Pulse Aperture Correlator (PAC) technology. This state-of-the art positioning technology virtually eliminates the effects of multipath errors -- GPS positioning errors caused by the interaction of the GPS satellite signal and its reflections. In addition to the API option, the OEM4-G2 has many impressive standard features including low power consumption and external oscillator input.

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 surveying, geographic information systems, aviation, marine, mining, machine control, agriculture and precise timing. For further information please visit our 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.