News Releases

Novariant Announces Significant Growth of GPS Product Sales for First Half of 2007

FREMONT, Calif., July 20, 2007 - Novariant, Inc., the leading provider of premier industrial solutions for precision positioning, intelligent control systems and positioning infrastructures, announces record growth in the first half of 2007, mainly as a result of strong sales from its two primary divisions: AutoFarm GPS steering systems for agriculture and Terralite positioning systems for mining.

"The company's revenues in the first half of 2007 grew by more than 50% over the same period the year previous," says Prakash Ramachandran, Novariant CFO. "Our AutoFarm GPS Precision Farming unit is seeing significant growth in the agricultural markets of North America, Australia and Europe. And our mining unit is seeing substantial growth through the sale of its Terralite products with a new independent positioning signal called "XPS."

Novariant CEO, Herb Satterlee, says, "We are extremely pleased with our financial results for the first six months of this year. Our strategy of combining product technological innovation, distribution growth and customer focused solutions has enabled us to achieve record revenues."

"We are equally excited about the growth opportunities we see ahead. Particularly as both the agriculture and mining industries move from early adopters to early majority phase for our technology solutions. In the agricultural market, automated steering and guidance technologies are now hitting the mainstream and being more easily integrated with tractors, sprayers, combines, etc. We have aggressive plans to maintain a leadership position for AutoFarm's innovative GPS technology in agricultural markets worldwide."

Novariant is the premier industrial solutions provider for precision positioning, intellilgent 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. Founded in 1994, Novariant (formerly named IntegriNautics) can be found at www.novariant.com.

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.

Media Contact: Joe Robertson
Red Lizard Creative
San Diego, CA
Ph: 858/453-3761
Em: joe@redlizardcreative.com