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

    News Editors

    CALGARY, Alberta--(BUSINESS WIRE)--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: NovAtel Inc. Farlin Halsey (403) 295-4970 OR NovAtel Inc. Sonia Ross Investor Contact (403) 295-4532 Website: www.novatel.com

KEYWORD: NEW YORK INTERNATIONAL CANADA INDUSTRY KEYWORD: TELECOMMUNICATIONS SOURCE: NOVATEL INC.

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