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Trimble Receives Order from U.S. Marine Corps for Construction Equipment
SUNNYVALE, Calif., May 24, 2007 Trimble (NASDAQ:TRMB) announced today that it has received an order from the U.S. Marine Corps Systems Command to provide survey, grade control and laser leveling systems for its worldwide construction activities. The purchase order is valued at approximately $8.8 million.
Under the purchase order, Trimble will provide machine control and survey simulation training software, grade control systems, reference station base kits for graders, robotic total stations, automatic self-leveling laser packages, automatic levels, and associated accessories, warranties, and training for Trimble systems used on Caterpillar 130G road graders which will be used by the U.S. Marine Corps Units.
Completion of the work is expected by September 2008.
About Trimble's Engineering and Construction Segment
Trimble, a world leader in GPS, construction lasers, robotic total stations and machine control solutions, is creating a broad range of innovative solutions that change the way construction work is done. Trimble is focusing on the development of technology and solutions in the core areas of surveying, construction and infrastructure. From concept to completion, Trimble's integrated systems streamline jobs and improve productivity.
Trimble applies technology to make field and mobile workers in businesses and government significantly more productive. Solutions are focused on applications requiring position or location—including surveying, construction, agriculture, fleet and asset management, public safety and mapping. In addition to utilizing positioning technologies, such as GPS, lasers and optics, Trimble solutions may include software content specific to the needs of the user. Wireless technologies are utilized to deliver the solution to the user and to ensure a tight coupling of the field and the back office. Founded in 1978 and headquartered in Sunnyvale, Calif., Trimble has a worldwide presence with more than 3,400 employees in over 18 countries.
Certain statements made in this press release are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties, and actual events and results may differ materially from those described in this press release. Factors that could cause or contribute to such differences include, but are not limited to the actual value realized by Trimble from the order, the timeframe for providing products and services to the U.S. Marine Corps, the way in which Trimble products will be used, and the performance of the products and extent of warranty support potentially required. More information about potential factors which could affect Trimbles business and financial results is set forth in reports filed with the SEC, including Trimble's quarterly reports on Form 10-Q and its annual report on Form 10-K. All forward looking statements are based on information available to Trimble as of the date hereof, and Trimble assumes no obligation to update such statements.