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Trimble Inc.
935 Stewart Drive
Post Office Box 3642
Sunnyvale, CA 94085
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Trimble and Manitowoc Cranes Enter into a Development Agreement to Enhance Crane Productivity, Positioning and Detection on the Connected Construction Site

Companies to Combine Innovation, Technology and Domain Knowledge to Transform the Lifting Industry

SUNNYVALE, Calif. and MANITOWOC, Wis., Jan. 23, 2012—Trimble (NASDAQ:TRMB) and Manitowoc Cranes, a part of The Manitowoc Company, Inc. (NYSE: MTW), announced today that they have signed an agreement to collaborate on the development of solutions that can harness precise positioning technology, wireless communications and comprehensive software capabilities to enhance productivity in the construction lifting industry. Trimble and Manitowoc intend to develop solutions that will transform the way in which crane operations and information are managed on a construction site.

By combining the strengths of Trimble and Manitowoc Cranes, the companies intend to develop a solution tailored for the lifting industry that provides real time, centimeter-level positioning data for multiple cranes working on a construction site. The solution would be able to measure crane position in absolute coordinates using rugged, easy to install, non-contact sensors that can be installed on both fixed and mobile cranes. It is planned that the in-cab displays of cranes that are fitted with the developed solution will permit operators to view the site, multiple working crane zones, forbidden zones, target locations and other site information. The companies also expect to develop an "Intelligent Environment" database for their solutions capable of receiving constant updates of data from Building Information Modeling (BIM) tools and other site sensors working in tandem. In addition, an anticipated feature of the solution would enable a user to program an alarm or even halt crane operation upon detection of unplanned work activity on the construction site.

To enhance jobsite awareness and management, a wireless local area network (WLAN) will share the crane position information across the construction site, providing each crane operator, the lift scheduler, and even the back office (if the Internet connectivity option is enabled) instant status against the BIM plan, enabling informed, exception-based decisions to be made in real time. This information will be able to be viewed in 3D and can run either as a fat or thin client accessing software tools and capabilities that are expected to be available as part of the Trimble® Connected Community solution. The Connected Community is a Web-based set of networking tools that allow contractors to build information portals, share information and collaborate between head office management, site office teams, field crews, subcontractors, suppliers, engineers and clients on a project. By connecting the field and office, the planned solution should permit contractors to gain significant efficiencies and improve overall jobsite productivity.

"Manitowoc is committed to providing the most advanced and comprehensive range of lifting solutions," said Bob Hund, executive vice president, Crane Care for Manitowoc Cranes. "Working together with Trimble allows us to access market leading technology to collaborate to develop innovative tools to increase crane operator awareness on a construction site."

"Trimble is already using much the same technology to deliver significant productivity improvements to the construction machine control market," said John Cameron, general manager of Trimble's Integrated Technologies Division. "By partnering with the Manitowoc Cranes, a lifting industry leader, we expect to co-develop solutions capable of lifting and delivering materials on the construction site similar to a contract manufacturer who uses a pick-and-place machine to build an electronic circuit board. Our goal is add crane productivity as another key component of the connected site."

About The Manitowoc Company, Inc.

The Manitowoc Company, Inc. is a multi-industry, capital goods manufacturer with nearly 100 manufacturing, distribution, service, and/or office facilities in 26 countries. It is recognized as one of the world's largest providers of lifting equipment for the global construction industry, including lattice-boom cranes, tower cranes, mobile telescopic cranes, and boom trucks. Manitowoc also is one of the world's leading innovators and manufacturers of commercial foodservice equipment serving the ice, beverage, refrigeration, food prep, and cooking needs of restaurants, convenience stores, hotels, healthcare, and institutional applications.

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About Trimble

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, Trimble is headquartered in Sunnyvale, Calif.

Investor Relations Contact:   Willa McManmon of Trimble: 408-481-7838
Media Contact:   
LeaAnn McNabb of Trimble: 408-481-7808

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