Torrance, CA - July 7, 2005 - NavCom Technology, a wholly owned subsidiary of Deere & Company (NYSE:DE) and C & C Technologies, announced today a five-year extension to their agreement for the distribution of C-Nav GPS. This agreement enables C&C Technologies the ability to provide StarFire™ differential GPS receivers and the related correction signals worldwide. The agreement continues to be exclusive with respect to offshore operations pertaining to satellite navigation positioning on projects for surveying, mapping, geophysics, mining, cable laying and offshore construction, installation, inspection, and maintenance operations.
NavCom began commercial operation of the StarFire service in 1999 and has supplied over 20,000 StarFire enabled receivers worldwide. The StarFire Network which also incorporates technology licensed from NASA's Jet Propulsion Laboratory (JPL) provides seamless decimeter positioning on a global basis, and NavCom continually advances the accuracy, quality and reliability of its StarFire service and equipment.
C & C Technologies, Inc. will continue to market the marine version of the StarFire system under the brand name C-Nav. Over the past three years, C & C has worked closely with NavCom to enhance the marine version of the StarFire system and to incorporate additional related products.
About C & C Technologies, Inc.
C & C Technologies Inc. is a privately-owned International Surveying and Mapping Company specializing in Autonomous Underwater Vehicle (AUV) survey services and Worldwide GPS Positioning. Information related to C & C Technologies, Inc. can be requested at email@example.com or by contacting Tim Patro at +1 (337) 261-0660.
About NavCom Technology, Inc.
NavCom Technology, Inc., a John Deere Company (NYSE:DE), is a leading provider of advanced GPS products for OEMs, VARs and system integrators needing high performance RTK systems, global decimeter level GPS satellite corrections, geodetic quality GPS receivers, wireless communication products and engineering consulting in the areas of precise positioning, wireless communications and robotics. For more information on NavCom Technology and its products, please visit www.NavComTech.com.