PENNY_STOCKS
16 years ago
Trimble Enters into Definitive Agreement to Acquire TopoSys to Extend Its Geospatial Solutions Business
SUNNYVALE, Calif., Sep. 26 /PRNewswire-FirstCall/ -- Trimble (NASDAQ:TRMB) today announced that it has entered into a definitive agreement to acquire TopoSys GmbH of Biberach an der Riss, Germany in an all-cash transaction. TopoSys is a leading provider of aerial data collection systems comprised of LiDAR and metric cameras. Closing of the transaction, anticipated to occur in the fourth quarter, is subject to certain closing conditions. Financial terms were not disclosed.
TopoSys aerial data collection systems are used by service companies collecting geospatial data by LiDAR and photogrammetry as well as state authorities and municipalities involved in supplying geospatial information. Typical applications include mapping for coastline protection, floodplain control, city modeling, opencast pit mining, and corridor mapping.
Over the last two years, TopoSys has evolved from an aerial services business to an aerial data collection systems developer and integrator. The acquisition of TopoSys extends Trimble's portfolio of engineering scale mapping and asset management solutions. TopoSys will also provide a European footprint to support Trimble's aerial mapping customers, who face short flight seasons, with regional support.
"TopoSys complements the aerial imaging solutions offered by our subsidiaries Applanix and INPHO. As an integrator of the Applanix POSTrack direct georeferencing and flight management system and RolleiMetric aerial industrial camera, TopoSys has developed high productivity aerial data collection systems for engineering scale mapping and asset management," said Ken Spratlin, director for strategy and business development for Trimble. "As part of the Trimble Connected Site solutions, these systems will provide high accuracy as-builts, enabling advanced process and workflow integration from the design phase through construction to the subsequent maintenance phase- delivering significant improvements in productivity."
"With Trimble's focus on the geospatial solutions business, joining the company accelerates TopoSys' evolution to an aerial data collection systems developer and integrator," said Svein Vatslid, managing director of TopoSys. "We are pleased to become a part of Trimble."
Svein Vatslid and the staff of TopoSys will join Trimble and will be reported as part of the Engineering and Construction segment.
About TopoSys GmbH
TopoSys, founded in 1995, commercialized the airborne fiber optic laser scanner together with a line camera to obtain information of the topography. Today, TopoSys has customers in service companies as well as state authorities and municipalities who use its aerial data collection solutions and services for coastline protection, floodplain control, city modeling, opencast pit mining, and corridor mapping.
For more information, visit: http://www.toposys.com/
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 and headquartered in Sunnyvale, Calif., Trimble has a worldwide presence with more than 3,600 employees in over 18 countries.
For more information, visit: http://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 news release. Factors that could cause or contribute to such differences include, but are not limited to, continued customer use and future market adoption of TopoSys solutions and, more generally, aerial data collection and processing solutions, Trimble's ability to integrate its portfolio of aerial imaging and data collection solutions or to provide compelling solutions that deliver significant improvements in productivity to users, and changing economic trends and competitive pressures in the industry. Additional risks and uncertainties include: the risks inherent in integrating acquisitions; the ability to realize synergies through the integration of TopoSys and its products; unanticipated expenditures, charges or assumed liabilities that may result from the acquisition; and retaining key personnel. 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.
GTRMB
DATASOURCE: Trimble
CONTACT: Willa McManmon, Investor Relations, +1-408-481-7838,
, or Lea Ann McNabb, Media, +1-408-481-7808,
, both of Trimble
Web site: http://www.trimble.com/
http://www.toposys.com/
PENNY_STOCKS
16 years ago
New Trimble Reference Receiver Raises the Bar for GNSS CORS Infrastructure and Network Applications
SAVANNAH, Ga., Sept. 16 /PRNewswire-FirstCall/ -- Trimble (NASDAQ:TRMB) today introduced an innovative Global Navigation Satellite System (GNSS) reference receiver for precise scientific and network infrastructure applications -- the Trimble(R) NetR8(TM) GNSS reference receiver. The new reference receiver is versatile and can support the most demanding applications for the earth science community and for the surveying, construction, mapping or agricultural industries.
The announcement was made today at the ION GNSS 2008 Conference.
The NetR8 reference station can operate as a campaign receiver for post processing, as a Continuously Operating Reference Station (CORS) receiver, portable base station for Real Time Kinematic (RTK) applications or as a scientific reference station collecting information for specialized studies.
Full featured and offering the complete functionality of a geodetic reference station, the Trimble NetR8 reference receiver can be used as a standalone receiver or as part of a network solution. Specific applications include high-accuracy positioning as part of a Trimble VRS(TM) network, support for differential global positioning system (DGPS) MSK beacons, and integrity monitoring of networks and physical infrastructure such as bridges, dams and mines. It is also an ideal solution for expanding the geographic coverage area of an existing network, or for adding GNSS support through Sparse GLONASS technology, a unique Trimble technology that provides dual- constellation, fully-modeled RTK data when widely spaced GLONASS-capable Trimble reference stations are implemented in a network comprised mainly of GPS-only receivers. The Trimble NetR8 is also able to support installation as a dedicated rover for VRS network performance analysis.
The Trimble NetR8 receiver has four gigabytes of onboard memory and 50 Hz operation speed, making it the fastest reference receiver in the industry to date. Large-capacity onboard data storage allows post-processed results for reference stations to be computed when data connectivity is not available, or for specific scientific applications.
Using Trimble's exclusive R-Track(TM) technology, the NetR8 reference receiver has 76 channels and supports GPS L1, L2, L2C and L5 signals as well as GLONASS L1/L2 signals. Supporting these signals provides users with every possible combination for signal processing from today's GNSS constellations. There are also four channels dedicated to tracking Space Based Augmentation Systems (SBAS), including Wide Area Augmentation System (WAAS) in North America, European Geostationary Navigation Overlay System (EGNOS) in Europe, Multi-functional Satellite Augmentation System (MSAS) in Japan, Omnistar services and others.
Optimized for field use, the lightweight and rugged Trimble NetR8 reference receiver consumes little power and can be used for projects with remote connectivity and in extreme weather conditions. It is IP67-rated and the physical memory is built into the circuit board, providing greater protection of data. Multiple built-in serial ports supply communications and power to support field use, whether connecting to a radio for RTK surveys, direct communication with a satellite phone for remote operations or Bluetooth communication with a cell phone for real-time data streaming. In addition, both power and Ethernet can be conveniently supplied over a single cable using Power over Ethernet (PoE) technology.
"The Trimble NetR8 represents the ultimate performance in today's modern CORS technology," said Pierre Desjardins, business manager for Trimble's Infrastructure business area. "Trimble has once again redefined the industry standard for ultra-fast, high-reliability, multi-constellation reference receivers and is committed to developing solutions with the latest GNSS technology that meet the complex needs of our customers."
The Trimble NetR8 reference receiver is expected to begin shipping on October 25, 2008. For more information, visit http://www.trimble.com/, call 1-800-767-4822 (U.S. only), +1-303-323-4111 (outside of the U.S.) or email .
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 and headquartered in Sunnyvale, Calif., Trimble has a worldwide presence with more than 3,600 employees in over 18 countries.
For more information, visit: http://www.trimble.com/.
GTRMB
DATASOURCE: Trimble
CONTACT: Investors: Willa McManmon, +1-408-481-7838,
, or Media: Lea Ann McNabb, +1-408-481-7808,
, both of Trimble
Web site: http://www.trimble.com/
PENNY_STOCKS
16 years ago
Saab and Trimble to Integrate Solutions for DGPS Transmissions from Automatic Identification System Coast Stations
SAVANNAH, Ga., Sept. 16 /PRNewswire-FirstCall/ -- Trimble (NASDAQ:TRMB) and Saab TransponderTech AB announced today they are cooperating to integrate their differential GPS (DGPS) solutions for enhanced marine navigation.
The announcement was made today at the ION GNSS 2008 Conference.
Saab and Trimble will integrate their marine navigation solutions to deliver DGPS error correction messages to ships at sea through automatic identification system (AIS) coast stations and networks. The DGPS messages transmitted on AIS frequencies will augment the existing marine DGPS broadcasts from coastal beacon stations.
The two companies are collaborating to develop interfaces connecting Saab's AIS and Vessel Tracking Management & Information System (VTMIS) with Trimble DGPS reference station and integrity monitoring software. The integrated solution will utilize Trimble's Charisma(TM) and Coastal Center(TM) software for advanced integrity monitoring of the DGPS data prior to transmission through both the beacon transmitters and AIS stations. The integration will also permit the Saab AIS/VTMIS operator to monitor the performance of both DGPS services.
"The collaboration puts together the two technology leaders for marine DGPS and AIS," said Pierre Desjardins, business manager for Trimble's Infrastructure business area. "Trimble is the leading supplier of modern DGPS Safety of Life at Sea (SOLAS) beacon station infrastructure solutions, and Saab has been the industry leader in marine AIS technology for more than 15 years. Our goal is to provide optimum marine navigation redundancy solutions and enhanced safety at sea."
"Many coastal states are installing shore-based AIS networks to monitor vessel traffic in their coastal waters, and virtually all ocean-going ships are required to be equipped with an approved AIS transponder with a built-in GPS receiver," said Gunnar Mangs, vice president of sales and marketing, Saab TransponderTech. "This makes AIS an ideal solution for DGPS transmissions, augmenting the beacon DGPS networks around the world. Utilizing these two DGPS technologies will provide an important layer of redundancy and reliability for this critical navigation safety application, ensuring uninterrupted DGPS service under conditions of heavy weather or high interference."
About Saab TransponderTech
Saab TransponderTech AB, a company in the Saab Group, is recognized as one of the leading suppliers of products and systems related to maritime security, covering the whole range from small individual port solutions to national coastal surveillance systems, including integration of radar, AIS and other sensors. Saab is one of the world's leading high-technology companies, with its main operations focusing on defence, aviation and civil security. The group covers a broad spectrum of competence and capabilities in systems integration.
For more information, visit: http://www.transpondertech.se/
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 and headquartered in Sunnyvale, Calif., Trimble has a worldwide presence with more than 3,600 employees in over 18 countries.
For more information, visit: http://www.trimble.com/.
GTRMB
DATASOURCE: Trimble
CONTACT: Investors: Willa McManmon, +1-408-481-7838,
, or Media: Lea Ann McNabb, +1-408-481-7808,
, both of Trimble; Gunnar Mangs of Saab
TransponderTech AB, +46 13 18 80 00, ; or Jina
Gaines of Rhodes Communications, +1-757-451-0602,
Web site: http://www.trimble.com/
http://www.transpondertech.se/
PENNY_STOCKS
16 years ago
Marvell Expands Wireless Portfolio to Include Location-Based Technologies
SANTA CLARA, Calif. and SUNNYVALE, Calif., Aug. 25 /PRNewswire-FirstCall/ -- Marvell (NASDAQ:MRVL), an industry leader in storage, communications and consumer silicon solutions, and Trimble (NASDAQ:TRMB), a leading innovator of advanced positioning technology, today announced that they have entered into a Global Positioning System (GPS) software technology licensing agreement. With this agreement, Marvell gains direct access to Trimble's full GPS Digital Signal Processor (DSP) software as well as tools for development support and testing, all of which are backed by Trimble's historical leadership and its strong GPS intellectual property portfolio.
Access to Trimble's market leading GPS technology complements Marvell's wireless and application processor initiatives for WiFi, Bluetooth, FM, multi-function radio, application processors and cellular processor devices. With this relationship, Marvell strengthens its portfolio to further increase its silicon content in a number of growing markets, including personal navigation devices (PNDs), mobile phones, portable media devices and digital still cameras. The licensing agreement will enable Marvell to provide customers with comprehensive GPS solutions based on innovative architectures that are tailored for high performance and low overall system power consumption.
"GPS is a major driver for today's mobile consumer electronics industry, and is becoming an increasingly common demand from consumers for mobile devices which support a wide range of applications," said Partho Mishra, Vice President of Marvell's Embedded and Emerging Business Unit, Communications and Consumer Business Group. "Our relationship with Trimble fulfills this demand, providing us access to their leading GPS DSP software solutions that complement our rich technology portfolio."
IDC research predicts navigation devices and systems will reach annual sales revenues of $62 billion by 2012, with PNDs capturing over 75 percent share of the consumer navigation market for the forecast period. "This agreement will enable the combination of personal navigation devices with Marvell's innovative application processors to provide state-of-the-art location-based capabilities to consumers," said Bill Dussell, Director of Trimble's Integrated Products, Advanced Devices Group. "With the strong demand today for GPS, we are excited to work with an industry leader such as Marvell and offer our full range of GPS DSP software products."
PENNY_STOCKS
16 years ago
Trimble Announces the First Real-Time Corrections Service for In-the-Field, High-Accuracy Mapping
SUNNYVALE, Calif., July 17 /PRNewswire-FirstCall/ -- Trimble (NASDAQ:TRMB) today introduced a significant advancement in high-accuracy, in-the-field mapping with its new Trimble(R) VRS Now(TM) H-Star(TM) service. This revolutionary service provides instant access to H-Star corrections throughout Germany, Great Britain, and the Madrid region of Spain. A subscription to the Trimble VRS Now H-Star service gives users working in utilities, local government, natural resources, and land management the ability to obtain real-time, decimeter level accurate positions consistently and directly at the job site. With instant access to H-Star corrections on demand, field workers can be more efficient and high-accuracy mapping projects can be up and running in minutes to increase productivity.
By accessing proven Trimble VRS(TM) technology, subscribers can correct data in the field without setting up base stations, and there is no need for post processing data. Mapping and Geographic Information System (GIS) professionals with the Trimble H-Star compatible GPS receivers -- the GeoXH(TM)2008 series handheld receiver or GPS Pathfinder(R) ProXRT receiver -- can take advantage of the service.
"Utilities personnel and other asset management professionals are under increasing pressure to complete high-accuracy mapping projects even more quickly," said Pierre Desjardins, manager for Trimble's GNSS Infrastructure business area. "Users equipped only with a GPS receiver, a cellular connection and a subscription to the Trimble service can overcome these challenges in the field by tapping into the new H-Star corrections."
In addition, teaming the GPS Pathfinder ProXRT receiver with the Trimble Nomad(TM) series of handhelds (800XC and 800XE models) removes the need for a separate phone. The Trimble Nomad handheld's integrated cellular modem allows users to connect directly from the handheld to the Trimble VRS Now H-Star service for optimal performance with a minimal hardware investment. With the GPS Pathfinder ProXRT receiver, users can also install the GLONASS option, which increases the number of GNSS satellites that can be accessed.
To learn more about the Trimble VRS Now H-Star service and about how to subscribe go to: http://www.trimble.com/mgis_vrsnow_h-star.shtml
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 and headquartered in Sunnyvale, Calif., Trimble has a worldwide presence with more than 3,600 employees in over 18 countries.
For more information, visit: http://www.trimble.com/
PENNY_STOCKS
16 years ago
Fund manager favors Priceline, Trimble Navigation, Nintendo
SAN FRANCISCO (MarketWatch) -- As the technology sector confronts the global economic slowdown, mutual-fund manager Ian Warmerdam is focusing on firms tapping new growth areas.
Warmerdam is also a fan of Trimble Navigation Ltd. (TRMB:Trimble Navigation Ltd (TRMB 31.52, -1.60, -4.8%) , a maker of global positioning system technology, whose shares have jumped 19% since the beginning of the year.
While GPS sales have taken off among consumers, Warmerdam said the need for real-time navigational technology is also great and still relatively unmet in the commercial and agricultural sectors.
"They are involved in engineering and construction surveying equipment, and have large end-markets like infrastructure and in the building of roads," Warmerdam said. "These markets tend to be underrepresented when it comes to GPS. The technology is still fairly new to some extent. But it's more and more of a necessity. ... There's plenty of room for growth left."
He cited the benefit of GPS technology in agriculture, where it can be used to enhance yield and minimize waste by more accurately deploying and operating farming equipment.
Like other sectors, Trimble is vulnerable to the global slowdown, which has led to a slump in construction and infrastructure projects. However, Warmerdam added, agriculture remains "a big area of growth." "The acceleration in agriculture has more than offset any slowdown in construction," he added.
In Friday's session, shares of Trimble Navigation lost 53 cents to close at $36.04.
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PENNY_STOCKS
17 years ago
Croatia Taps Trimble to Provide a Nationwide GNSS Infrastructure Network
SUNNYVALE, Calif., May 29, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Trimble (Nasdaq: TRMB) announced today it has been chosen by the Central Financing and Contracting Unit (CFCU) at the Croatian Ministry of Finance to supply 31 Trimble(R) NetR5(TM) Reference Stations, 31 Trimble Zephyr Geodetic(TM) antennas and Trimble VRS(TM) (Virtual Reference Station) technology to establish a nationwide Global Navigation Satellite System (GNSS) infrastructure network for the Republic of Croatia called the CROatian POsitioning System (CROPOS). The Trimble VRS network will provide a geospatial infrastructure for surveying, engineering and geographic information system (GIS) professionals that enables high-accuracy, real-time kinematic (RTK) GNSS positioning without the need for separate base stations, significantly increasing efficiency and productivity.
The CROPOS network, the largest and only nation-wide network in the country, will be operated by the State Geodetic Administration of the Republic of Croatia - Drzavna Geodetska Uprava (DGU). The turn-key VRS solution by Trimble includes installation of the control center as well as third-party components including communications and IT devices. In addition, Trimble is also providing Trimble R8 GNSS rover systems for survey and control work.
Croatia plans to use CROPOS as the basis for the country's new geodetic reference coordinate system. The VRS network will provide a highly reliable, cost-effective means for surveyors and other geospatial professionals to work faster and achieve accurate GNSS results for a variety of positioning applications including geodetic and cadastral surveying, road and bridge construction, earthquake and tectonic plate movement monitoring and analysis, and scientific research, as well as other high-accuracy positioning applications.
The Croatia network follows more than 200 Trimble infrastructure installations throughout the world including: Australia, Austria, Belgium, Brazil, Brunei, Canada, China, Denmark, Estonia, Finland, France, Germany, Greece, Iceland, India, Ireland, Italy, Japan, Lithuania, Malaysia, Netherlands, New Caledonia, New Zealand, Norway, Poland, Portugal, Republic of South Africa, Russia, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Kingdom and U.S. For a partial reference list of Trimble VRS installations visit: http://www.trimble.com/vrsinstallations.shtml.
About DGU
Drzavna Geodetska Uprava is the state authority for administrative and professional works in the area of geodesy, cartography, cadastre and photogrammetry. It is also tasked with the modernization of the country's cadastre and geospatial system as well as providing official state cartography (1:5 000, 1:25 000, 1:100 000, 1:200 000), geodetic documentation, statistics of real-estate cadastre, spatial units and utility and geodetic and cadastre works for border of the state. For more information, visit: http://www.dgu.hr
About CFCU
CFCU is the Central Financing and Contracting Unit at the Croatian Ministry of Finance and is in charge of the realization of National Phare 2005 Programs financed by EU.
About Trimble VRS Technology
Trimble VRS technology uses Trimble RTKNet(TM) software and provides high-accuracy, RTK GNSS positioning for wider areas. The VRS network can be continuously available without setting up a base station and provides common control anywhere in the network.
Because Trimble RTKNet software is able to process the entire network simultaneously, Trimble VRS networks offer greater quality control and higher data accuracy at longer distances. In the field, the farther users get from a reference station using conventional RTK, the more susceptible they become to reduced accuracy and performance due to systematic errors such as ionospheric and tropospheric effects. In a Trimble VRS network, RTKNet software provides a fully modeled solution that factor in potential systematic errors. Users connect into the system using a wireless connection; the software acknowledges the users field positions and allows them to operate as though there is a reference station right next to their rover. As a result, the PPM error is eliminated or significantly reduced, allowing surveyors to achieve RTK precision over much greater distances with fewer reference stations. Users can also retrieve stored GNSS and modeled data from the control center via the Internet for post-processing.
About Trimble's Engineering and Construction Business
Trimble, a world leader in GPS, construction lasers, robotic total stations and machine control solutions, is creating a broad range of innovative solutions that changes the way construction work is done. The Engineering and Construction business of 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.
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 and headquartered in Sunnyvale, Calif., Trimble has a worldwide presence with more than 3,600 employees in over 18 countries.
SOURCE Trimble
http://www.trimble.com
http://investor.trimble.com/releasedetail.cfm?ReleaseID=312758
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