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Trimble Navigation Limited
935 Stewart Drive
Post Office Box 3642
Sunnyvale, CA 94085
1.408.481.8000 phone
1.408.481.7781 fax

  NEWS RELEASE

 

Trimble Aligns Resources to Exploit
Key Strategic Markets


SUNNYVALE, Calif., Aug. 23, 2000 -- Trimble (NASDAQ:TRMB) announced today that the Company has aligned its resources to focus on four strategic growth markets - Engineering and Construction; Agriculture; Fleet and Asset Management; and Component Technologies.

"Trimble's strategy is to focus on markets that can provide us a leadership role, growth and profitability," said Steven W. Berglund, Trimble's president and chief executive officer. "Our acquisition of Spectra Precision is one step in the process to achieve these goals. The combined company creates an opportunity to leverage synergies in two of our four targeted areas - the construction and agriculture markets."

Berglund added, "The new organization will enable us to aggressively pursue new opportunities. A primary objective of the reorganization will be to improve our market focus and increase the speed and quality of our responses in our targeted markets."

Karl G. Ramstrom, 57, former president of Spectra Precision, has been appointed senior vice president and general manager of the Engineering and Construction Division. This division will include the surveying, infrastructure, machine control, and construction instruments businesses. The new organization blends elements of Trimble's Precision Positioning Group (PPG) and the Spectra Precision Group, to offer a wider range of positioning solutions in the market place.

Ron C. Hyatt, 60, former group vice president of Trimble's PPG, has been appointed vice president and general manager of the Agriculture Division. This new organization also blends products from Trimble and Spectra Precision to provide agricultural customers with a wider range of products.

Trimble addresses the Fleet and Asset Management market through two distinct divisions:

Mobile Positioning and Communications; and Mapping and Geographic Information System (GIS).

Michael W. Lesyna, 40, former vice president of Strategic Marketing, has been appointed vice president and general manager of the Mobile Positioning and Communications Division replacing Thomas W. Ellis who retired from the Company.

Alan R. Townsend, 52, will continue to lead the Mapping and GIS Division as general manager.

He will also continue to serve as managing director of Trimble New Zealand.

Dennis L. Workman, 55, will continue to lead the Component Technologies Division as vice president and general manager to address the high-volume automotive, timing and embedded solutions markets.

David M. Hall, 51, former group vice president of the Mobile and Timing Technologies, has been appointed senior vice president of marketing and business development. He will also continue to manage the aviation and military businesses.

Charles E. Armiger, 45, former vice president of worldwide sales, has been appointed to a newly created corporate role as vice president of distribution and logistics. This function's primary focus will be on integrating and upgrading the distribution and logistics systems of Trimble and Spectra Precision.

William C. Burgess, 54, has been appointed vice president of Human Resources. Prior to joining Trimble, Burgess held the position of vice president of human resources and management information systems at SonomaWest Holdings, Inc. He has a variety of experience including Optical Coating Laboratory, Telenekron Communication Systems, ABB and Impell Corporation. Burgess has a B.S. in business/psychology from the University of Nebraska and a M.S. in organization development from Pepperdine University.

In addition, Norman Y. Mineta resigned from the Company's Board of Directors on July 24, 2000. Mineta has been appointed by President Clinton to serve as the U.S. Secretary of Commerce.

About Trimble

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 markets ranging from agriculture and construction to asset management, automotive and timing. Headquartered in Sunnyvale, Calif., Trimble provides end-users and OEMs with leading edge solutions backed by global leadership in innovation, exceptional experience and in depth applications knowledge as well as a reputation for excellence.

With its acquisition of Spectra Precision, a leading provider of construction lasers, machine control systems, optical surveying instruments and related software, Trimble now broadens its portfolio of positioning solutions for the engineering and construction, and agriculture markets.

For an interactive look at company news and products, visit Trimble's Web site at http://www.trimble.com and Spectra Precision at http://www.spectraprecision.com
 
Investor Contact:   
Investor Relations of Trimble: 408-481-6914
Media Contact:   
LeaAnn McNabb of Trimble: 408-481-7808




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