News Releases

Novariant Announces Record First Quarter

FREMONT, Calif. – April 11, 2008 - Novariant, Inc., the leading provider of premier industrial solutions for precision positioning and intelligent machine control systems, announces record growth and profits in the first quarter of 2008.

“As the result of strong sales in our two primary divisions, AutoFarm® GPS steering and control systems for agriculture and Terralite XPS positioning systems for mining,” says Herb Satterlee, Novariant CEO, “our revenues for the first quarter of 2008 grew by nearly 80% over the same period in 2007 with associated record profit.”

“We’ve seen significant growth in both markets and all of our geographies, including North America, Australia, Europe and South American,” says Satterlee. “We are just as excited about the growth opportunities we see ahead because we are fortunate enough to be working in two of the most robust industry sectors in the world today.”

About Novariant, Inc.
Novariant is the premier industrial solutions provider for precision positioning, intelligent control systems and positioning infrastructures. The company's precision solutions are enabled by the Global Positioning System (GPS) and other patented location and communications-based technologies to automatically steer equipment, map terrain and land aircraft. Novariant can be found on the web at www.novariant.com.

About AutoFarm®
AutoFarm, a division of Novariant, Inc., is the premier solutions provider for precision positioning and intelligent control systems for agricultural equipment. AutoFarm manufactures and markets Global Positioning System (GPS) receivers and precision agriculture solutions for automatic steering and leveling based on its experience in advanced aviation landing systems. AutoFarm can be found on the web at www.gpsfarm.com.