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Trimble and Locata Partner for Construction Markets
Technology Combination to Increase Reliability and Accuracy for Construction Positioning Applications
SUNNYVALE, Calif., June 8, 2007 -- Trimble (NASDAQ: TRMB) and privately-held Locata Corporation of
"As precise positioning becomes a critical control element for all heavy construction machinery, there is a growing understanding that terrestrial augmentation is vital for the many environments where GPS is either limited or not available. Trimble has already integrated GNSS signals, optical, inertial and other sensors into products designed for these markets. Locata technology provides another valuable sensor which will allow Trimble to supply total solutions for virtually every environment our construction customers work in," said Bryn Fosburgh, Trimble's vice President of Engineering and Construction.
Locata Corporation has developed new radio-location technology which provides precise positioning in difficult GPS environments. The company's solutions allow deployment of a network of terrestrially-based transceivers (LocataLites) that transmit precise ranging signals. LocataLites create a positioning network called a LocataNet that can operate in combination with GPS (e.g. construction environments) or independent of GPS (e.g. indoors). Early adopters of Locata technology already include the U.S. military, open-cut mining and structural deformation markets. The LocataNet replicates the GPS satellite constellation - but on the ground. One very special property of the LocataNet is that it is time-synchronous, allowing single point positioning (no differential corrections or data links required) with centimeter-level accuracy. There is no other technology that can do this.
Locata's combination of reliability, adaptability and precision gives unique new radio-location possibilities to many markets where GPS-style positioning had previously been difficult or impossible. Locata currently has 28 granted patents on the devices and systems which advance radio-location technology to new levels, with many more patents applied for.
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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.
For more information visit Trimbles Web site at www.trimble.com.
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 ability of Trimble to combine Locata technology with Trimble products and produce compelling solutions for users; the performance of the combined products, including their accuracy, reliability and ability to increase productivity and reduce costs for users; the market penetration of the combined products and acceptance by customers, especially in the face of rapidly changing technologies, competing products and pricing pressures; and the possibility of commercial disagreements between the parties or termination of the agreement, and the resulting loss of rights by Trimble to use Locata technology and distribute combined products. More information about potential factors which could affect Trimble's 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.