NovAtel Inc.

NovAtel Inc.

January 05, 2005 19:27 ET

NovAtel Inc. Announces First Integrated GPS/L-Band Receiver Utilizing CDGPS Corrections


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: NOVATEL INC.

Nasdaq SYMBOL: NGPS

JANUARY 5, 2005 - 19:27 ET

NovAtel Inc. Announces First Integrated GPS/L-Band
Receiver Utilizing CDGPS Corrections

CALGARY, ALBERTA--(CCNMatthews - Jan. 5, 2005) - NovAtel Inc.
(NASDAQ:NGPS), a precise positioning company, announces its latest
ProPak-LB receiver with Canada-wide Differential GPS (CDGPS). The
ProPak-LB combines GPS + L-Band technologies utilizing CDGPS corrections
to deliver reliable and accurate sub-meter positioning in dynamic
environments.

CDGPS is a wide area correction broadcast on the L-Band designed by the
Canadian federal and provincial governments to support high accuracy
land, sea and air positioning and navigation. It is a free utility with
corrections covering the majority of North America. To take advantage of
and support CDGPS, NovAtel is first in developing GPS user equipment
that combines a GPS and L-Band receiver into a common enclosure capable
of receiving CDGPS signals to provide positioning results in the
national spatial reference frame, NAD83.

According to Farlin Halsey, Vice President, Marketing for NovAtel, "The
ProPak-LB with CDGPS has many advantages over other existing wide area
correction systems. Most importantly, it delivers superior correction
signal penetration and high accuracy/high resolution differential GPS
corrections critical to many dynamic positioning applications. In
addition, there is no subscription cost for users of this service. These
features make the ProPak-LB with CDGPS an ideal sub-meter positioning
system for applications in a wide range of markets including
agriculture, GIS, marine, and unmanned systems."

CDGPS functionality is available as a free firmware upgrade for current
users of the ProPak-LB and will be included as a standard feature on all
new units. The system is configured as a single receiver and antenna and
requires no separate base station. A companion antenna - the GPS-600-LB
- is also available from NovAtel.

About NovAtel Inc.

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.

Certain statements in this news release are forward-looking statements.
These forward-looking statements are not based on historical facts but
rather on management's current expectations regarding NovAtel's future
business prospects and opportunities. Wherever possible, words such as
"anticipate", "believe", "expect", "may", "could", "will", "potential",
"intend", "estimate", "should", "plan", "predict" or the negative or
other variations of these words, or similar words or phrases, have been
used to identify these forward-looking statements. Forward-looking
statements involve significant known and unknown risks, uncertainties
and assumptions. Many factors could cause actual results, performance or
achievements to differ materially from the results discussed or implied
in the forward-looking statements, including certification and market
acceptance of NovAtel's new products, impact and timing of large orders,
pricing pressures in the market and other competitive factors,
maintaining technological leadership, and other factors described in our
Form 20-F and other SEC filings, many of which are beyond the control of
NovAtel. These factors should be considered carefully and undue reliance
should not be placed on the forward-looking statements. These
forward-looking statements are made as of the date of this news release,
and NovAtel assumes no obligation to update or revise them to reflect
new events or circumstances.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    NovAtel Inc.
    Farlin Halsey
    (403) 295-4970
    or
    NovAtel Inc.
    Sonia Ross
    Investor Contact
    (403) 295-4532
    Website: www.novatel.com