NovAtel(NGPS) is currently in a hot growth area and they are taking advantage of this by showing 25%+ growth and earnings projected to triple in 2004. Strong alliance partners and several catalyst in the near future to further grow the company. The following is a brief outline of what (NGPS) is all about......
NovAtel Inc. designs, markets and supports a range of products that determine precise geographic locations using the Global Positioning System (GPS). The Company's GPS products provide sub-centimeter-level accuracy, are small in size, provide significant computational power, maintain a high degree of reliability in dynamic environments, are easy to use and integrate into various applications. NovAtel's GPS products are used principally for applications in high-end markets such as the surveying, geographic information systems, aviation, unmanned vehicles, marine, mining and machine control and agriculture markets, and precise timing, rather than for applications in low-end markets such as the vehicle navigation and consumer/cellular markets. The Company has four product categories: OEM (original equipment manufacturer) GPS Receivers, Antennas, Aviation Products and Point Products____________________________________
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