NovAtel's Latest Version of ProPak-LBplus Now With Access to OmniSTAR's New XP Satellite Service.CALGARY, Alberta -- NovAtel Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :NGPS), a precise positioning Precise Positioning is a term used to describe techniques to obtain the location of an object to better than a few centimeters of accuracy. Historically precise positioning was associated with surveying and geodesy. technology company, announced today that its ProPak-LBplus GPS receiver now supports OmniSTAR's new XP L-band satellite service. XP is the latest in a range of satellite correction services offered by subscription from OmniSTAR. With the latest version 2.31 release, all ProPak-LBplus products will have the combined capability to receive the Omnistar XP and Omnistar HP services. Users can then purchase an Omnistar subscription for the service most appropriate for their requirements. NovAtel is offering introductory pricing on new ProPak-LBplus units enabled with either of the XP or HP services, sold as of November 22, 2005. NovAtel's ProPak-LB+XP/HP will be available for US$5495, packaged with a dual-frequency GPS-702L antenna. NovAtel is also offering its ProPak-LB+VBS See VBScript. for US$3495, including antenna. OmniSTAR is offering a free 60-day XP subscription for North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. customers in conjunction with NovAtel's promotional pricing. This trial subscription must be completed by the end of February, 2006, and is only applicable to new ProPak-LBplus units purchased from NovAtel after November 22, 2005. The ProPak-LBplus is a high-performance positioning engine designed for easy integration. Coupled with NovAtel's GPS-702L antenna, the ProPak-LB+XP service provides autonomous 15 centimeter-level accuracy, even in the most challenging environments. This level of accuracy is achieved without the additional cost or inconvenience of a user base station and radio link. "This new product offering gives the real time kinematic Real Time Kinematic (RTK) satellite navigation is a technique used in land survey based on the use of carrier phase measurements of the GPS, GLONASS and/or Galileo signals where a single reference station provides the real-time corrections of even to a centimetre level of accuracy. (RTK RTK Right To Know RTK Romance of the Three Kingdoms (novel/game) RTK Real-Time Kinematic RTK Receptor Tyrosine Kinase RTK Real-Time Kernel RTK Reclaim the Kop (fan club) ) GPS user a fully portable 15 centimeter-level positioning system. This is ideal for applications like Geographic Information Systems geographic information system (GIS) Computerized system that relates and displays data collected from a geographic entity in the form of a map. The ability of GIS to overlay existing data with new information and display it in colour on a computer screen is used primarily to (GIS (1) (Geographic Information System) An information system that deals with spatial information. Often called "mapping software," it links attributes and characteristics of an area to its geographic location. ) data collection, precision agriculture and unmanned systems," said Pat Fenton, Chief Technology Officer for NovAtel. "It also supports NovAtel's commitment to provide our customers with better precise positioning solutions that help them to stay competitive in their market sector." The ProPak-LBplus is powered by NovAtel's OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and 4-G2 receiver - a small, high performance, dual frequency GPS engine featuring patented Pulse Aperature Correlator (PAC) multipath reduction technology. The complementary dual frequency GPS-702L antenna takes advantage of Pinwheel(TM) technology to enhance multipath rejection. Signals arriving from low elevation angles are attenuated Attenuated Alive but weakened; an attenuated microorganism can no longer produce disease. Mentioned in: Tuberculin Skin Test attenuated having undergone a process of attenuation. , virtually eliminating positioning errors due to poor signal reflections. About NovAtel 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 Geomatics is the discipline of gathering, storing, processing, and delivering of geographic information, or spatially referenced information. Overview The term "Geomatics" refers to:
(2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001 certified 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. About OmniSTAR OmniSTAR, Inc. is a sister company of John E. Chance and Associates and part of the Fugro Group, one of the world's foremost survey service companies. OmniSTAR's involvement in precise positioning goes back over 20 years. With the advent of GPS, OmniSTAR, Inc. has built on this expertise in satellite technology and precise geo-location to develop a continent-wide Differential GPS See GPS augmentation system. service incorporating a proprietary "Virtual Base Station" wide area differential solution which provides unequalled accuracy. For information on OmniSTAR, visit www.omnistar.com. Certain statements in this news release, including those about the Company's future plans and intentions regarding its ProPak-LPplus product, are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These forward-looking statements are not based on historical facts but rather on management's current expectations regarding NovAtel's future growth, results of operations, performance, future capital and other expenditures, competitive advantages, business prospects and opportunities. Wherever possible, words such as "anticipate", "believe", "expect", "may", "could", "will", "potential", "intend", "estimate", "should", "plan", "predict", "forecast" 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 operating results of Point, impact and timing of large orders, US dollar to Canadian dollar Noun 1. Canadian dollar - the basic unit of money in Canada; "the Canadian dollar has the image of loon on one side of the coin" loonie dollar - the basic monetary unit in many countries; equal to 100 cents exchange rate fluctuations, establishing and maintaining effective distribution channels, certification and market acceptance of NovAtel's new products, credit risks of customers and Point, pricing pressures in the market and other competitive factors, maintaining technological leadership, timing of revenue recognition in connection with certain contracts, actions by governmental authorities, and other factors described in our Form 20-F for the year ended December 31, 2004 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. NOVATEL INC. (Nasdaq:NGPS) |
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