Trimble Navigation Limited
935 Stewart Drive
Post Office Box 3642
Sunnyvale, CA 94085
SUNNYVALE, Calif., March 30, 2000 -- Trimble Navigation Limited (NASDAQ:TRMB) today announced the decision to open an additional facility in Westminster, Colorado. The Westminster facility, located in the Denver-Boulder corridor, will focus on the strategic development of the Architecture, Engineering, Construction (AEC) and the Mapping & Geographic Information Systems (GIS) markets. It is expected that the Trimble Rockies Office, opening in Quarter 3, 2000, will initially house approximately 40 employees with significant expansion expected in the future.
"The new development office in Westminster, Colorado is part of Trimble's strategic focus on the AEC and GIS markets. We believe this move will enable us to better achieve the substantial growth we foresee in these markets," said Steven W. Berglund, Trimble's president and CEO. "Westminster, Colorado is an excellent location for the Trimble Rockies Office with its access to a high technology workforce, substantial construction market activity and desirable living conditions for our employees."
"The initial strategic focus of the new Colorado facility will be to address the marketing, testing and applications engineering requirements of the AEC and Mapping & GIS markets," commented Bryn Fosburgh, site leader for the Trimble Rockies Office and Land Survey vertical market manager. "We are excited about the growth prospects that both markets represent and will be adding selected technical and marketing personnel in the future as determined by the Company's business plans."
A Letter of Intent to lease 29,000 square feet in the Church Ranch Office Center in Westminster, Colorado was signed today. Terms of the leasing contract were not disclosed.
Founded in 1978, Trimble is a recognized worldwide leader in the development of innovative Global Positioning System (GPS) technology-based products for a wide range of applications. Today, these advanced solutions combine GPS with wireless communications and sophisticated software to meet demanding applications in environments ranging from agriculture and construction to asset management and component technology. Located in Sunnyvale, Calif., Trimble provides end-users and OEMs with leading edge solutions backed by global leadership in patents, exceptional experience and a reputation for excellence.
Media Contact: LeaAnn McNabb of Trimble: 408-481-7808