Archive 2003

NovAtel Inc. Launches Next Generation GPS Technology

For Immediate Release	Contact	Farlin Halsey (403) 295-4970
	Investor Contact:	Sonia Ross (403) 295-4532

(Calgary, Alberta, Canada, February 10, 2003) - NovAtel Inc. (NASDAQ: NGPS), a precise positioning technology company, today launched a series of new products to expand its core GPS technology offering. These new products include its latest GPS receiver - the OEM4-G2L; a rugged enclosure - the ProPak-G2; and the GPS-700 antenna series.

OEM4 G2L	NovAtel’s OEM4-G2L is a compact (60mm X 100mm X 16mm) and light (65g) high performance GPS receiver. It incorporates the Company’s latest patented positioning technology - Pulse Aperture Correlator (PAC) - to achieve less than 2cm accuracy with RT-2® corrections. The OEM4-G2L also features two serial ports with one port supporting speeds up to 921 kbps, a USB port and low power consumption. This new product is offered with an optional Application Programming Interface that allows developers to run their specialized software application onboard, reducing hardware costs and time to market. To view the OEM4-G2L, please click on the following link: http://www2.cdn-news.com/database/fax/2000/novatel1.pdf.
The ProPak-G2 is a rugged, lightweight enclosure designed to house the OEM4-G2 receiver, launched last September. It is shock, water and dust resistant and can be used as a base station or a rover. The ProPak-G2 features three bi-directional COM ports and low power consumption. This new enclosure is available with either LEMO or DB-9 connectors. To view the ProPak-G2, please click on the following link: http://www2.cdn-news.com/database/fax/2000/novatel2.pdf. The new GPS-700 antenna series incorporates NovAtel’s patented Pinwheel technology and is designed to enhance the performance of the OEM4-G2 and OEM4-G2L receivers. This series, available in L1 (GPS-701) and L1/L2 (GPS-702) models, is smaller and lighter than the existing 600 series, and delivers improved L2 as well as low elevation angle satellite tracking. The GPS-700 series also features enhanced out-of-band interference rejection.

 

According to Patrick Fenton, NovAtel’s CTO and VP Technology, “These new products are further proof that NovAtel is right on the pulse of OEM positioning technology development. Also, the introduction of the ProPak-G2 and GPS-700 antenna series reinforce NovAtel’s commitment to enhance and build upon our core receiver technology to deliver the best possible positioning solutions to our customers.”

NovAtel Inc. is a leading provider of precise global positioning and augmentation technologies designed to afford our customers rapid integration and exceptional return on investment. The Company’s core technology is being applied in diversified positioning markets around the globe including agriculture, mining, marine, surveying, unmanned systems and machine control. NovAtel is also the prime supplier of GPS ground reference receivers to national satellite-based augmentation systems worldwide including the U.S. WAAS, Europe EGNOS, Japan MSAS and China SNAS. For more information, visit 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, credit risks of customers and joint ventures, financing of joint ventures, 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 product, product defects and the impact of industry consolidations, together with the other risks and uncertainties described the Company’s other filings with the United States Securities and Exchange Commission.