Archive 2005

NovAtel Inc. to Release Fourth Quarter and Full Year 2004 Earnings

For Immediate Release

Contact:

Sonia Ross (403) 295-4532

(Calgary, Alberta, Canada, February 22, 2005) – NovAtel Inc. (NASDAQ:NGPS) will release its fourth quarter and full year 2004 earnings on March 10, 2005 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 1-877-323-2010 ( North America) or 416-695-9715 (International). This call is also being web cast and can be accessed at NovAtel’s web site www.novatel.com or at www.fulldisclosure.com.

A replay of the conference call will be available until March 16, 2005 by dialing 1-888-509-0082 ( North America) or 416-695-5275 (International), or until April 15, 2005 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.fulldisclosure.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 designs, markets and sells high-precision GPS and other positioning components and sub-systems used in a wide variety of commercial applications principally in the aviation, geomatics (surveying and mapping), mining, precision agriculture, marine and defence industries. NovAtel’s solutions combine hardware, such as receivers and antennas, with software to enable its customers to fully integrate the Company’s high-precision GPS technology into their respective products and systems. The Company is focused on supplying core high-precision positioning technology to OEMs and system integrators who build systems for various end market applications. For more information, visit www.novatel.com.