| Business Summary | | NovAtel,
Inc.
designs,
markets
and
supports
a
broad
range
of
products
that
determine
precise
geographic
locations
using
the
Global
Positioning
System
(GPS).
NovAtel's
advanced
GPS
technology
provides
accuracy
to
the
sub-centimeter
level
while
showing
a
high
degree
of
integrity
in
dynamic
environments.
The
Company's
products
are
used
principally
for
applications
where
users
require
higher
performance,
accuracy
and
reliability.
This
includes
applications
in
high-end
markets
such
as
surveying,
geographic
information
systems,
agriculture,
aviation,
marine,
and
mining
and
machine
control. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | NovAtel
Inc.
designs,
markets
and
supports
a
range
of
products
that
determine
precise
geographic
locations
using
the
Global
Positioning
System
(GPS).
For
the
three
months
ended
3/31/01,
revenues
rose
11%
to
C$7
million.
Net
loss
from
continuing
operations
decreased
42%
to
C$296
thousand.
Revenues
reflect
growth
in
the
Aerospace
and
Defense
business
due
to
participation
in
the
EGNOS
program.
Loss
also
benefited
from
lower
research
and
development
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
6,520;
after
tax
earnings
were
-439. (Preliminary; reported in thousands of Canadian Dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| James Close, 53 Chairman | -- | David Vaughn Pres,
CEO, Director | -- | Richard Orman, 51 Vice
Chairman | -- | Werner Gartner, 43 CFO,
Exec. VP, Director | $157K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|