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Archive 2003

NovAtel Inc. to Release Third Quarter 2003 Earnings

For Immediate Release

Contact:

Sonia Ross (403) 295-4532

(Calgary, Alberta, Canada, October 30, 2003) -NovAtel Inc. (NASDAQ: NGPS) will release its third quarter 2003 earnings on November 3, 2003 before the market opens.

The company will have a conference call the same day at 4:30 p.m. ET. Participants may access the NovAtel Inc. conference call by dialing 1-888-280-8349 (North America) or 416-695-7896 (International), reservation number T456651C. This call is also being web cast and can be accessed at NovAtel’s web site www.novatel.com or at www.companyboardroom.com.

A replay of the conference call will be available until November 10, 2003 by dialing 1-866-518-1010 (North America) or 416-695-5275 (International), or until January 31, 2004 at the web addresses noted above.

The web cast is also being distributed over CCBN’s Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN’s individual investor centre at www.companyboardroom.com or by visiting any of the investor sites in CCBN’s Individual Investor Network such as America Online’s Personal Finance Channel, Fidelity Investments® (Fidelity.com) and others. Institutional investors can access the call via CCBN’s password-protected event management site, StreetEvents (www.streetevents.com).

NovAtel Inc. is a leading provider of precise global positioning and augmentation technologies designed to afford our customers rapid integration and superior 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.