NovAtel Inc. Announces First Integrated GPS/L-Band Receiver Utilizing CDGPS Corrections.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. company, announces its latest ProPak-LB receiver with Canada-wide Differential GPS See GPS augmentation system. (CDGPS (Canadian Differential GPS) A system of earth stations and one communications satellite that improves the tracking accuracy of the GPS navigation system to less than three feet. It is used for land-based navigation and not aviation. ). 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 North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . 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, NAD NAD: see coenzyme. 83. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Farlin Halsey, Vice President, Marketing for NovAtel, "The ProPak-LB with CDGPS has many advantages over other existing wide area correction systems. Most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , it delivers superior correction signal penetration and high accuracy/high resolution differential GPS corrections critical to many dynamic positioning Dynamic positioning (DP) is a system to automatically maintain a ship’s position and heading by using her own propellers and thrusters. This allows operations at sea where mooring or anchoring is not feasible due to deep water, congestion on the sea bottom (pipelines, 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 A category of memory chips that hold their content without electrical power. Firmware includes flash, ROM, PROM, EPROM and EEPROM technologies. When holding program instructions, firmware can be thought of as "hard software." See flash memory, ROM, PROM, EPROM, EEPROM and FOTA. 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 Geomatics is the discipline of gathering, storing, processing, and delivering of geographic information, or spatially referenced information. Overview The term "Geomatics" refers to:
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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