NovAtel Inc. Launches New RoHS Compliant GPS & L-Band Antenna.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 the release of its latest GPS and L-Band antenna - the GPS-702L. This antenna features improved Real-time Kinematic kin·e·mat·ics n. (used with a sing. verb) The branch of mechanics that studies the motion of a body or a system of bodies without consideration given to its mass or the forces acting on it. (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) ) performance and offers access to the GPS L1 and L2 frequencies, as well as the L-band frequencies used by OmniSTAR and 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. ) correction services. The GPS-702L is also NovAtel's first Restriction on Hazardous Substances (RoHS) compliant GPS antenna, meeting the European Economic Union (EEU EEU European Economic Union EEU Environmental Exposure Unit EEU Energy Efficiency Utility EEU Engineering Evaluation Unit EEU Europa Esperanto Unio EEU European Esperanto-Union EEU Eurasian Economic Union EEU Electronic Equipment Unit ) directive to reduce the hazardous materials content in electronic products. The RoHS directive is a legal document issued by the EEU in February 2003. The directive in general bans new electronic equipment from being sold in Europe after July 1, 2006 if it contains more than trace levels of lead, hexavalent chromium Hexavalent chromium or Cr(VI) compounds are those which contain the element chromium in the +6 oxidation state. Chromates are often used as pigments for photography, and in pyrotechnics, dyes, paints, inks, and plastics. , cadmium, mercury or certain brominated flame-retardants. NovAtel expects all future 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 products to be RoHS compliant. According to Pat Fenton, NovAtel's Chief Technology Officer, "With improved RTK performance and RoHS compliance, NovAtel has proven once again that it can respond quickly to evolving customer needs. We believe it is important to ensure that the NovAtel components our customers are integrating into their applications today will be viable in the future." 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, including those about the Company's future plans and intentions regarding RoHS compliance, 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. NOVATEL INC. (Nasdaq:NGPS) |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion