Point of Beginning

<b>Topcon Acquires Javad</b>

July 31, 2000
Breaking News

On July 25, Topcon Corporation, Tokyo, Japan, parent company of Topcon America Corp., Paramus, N.J., and Topcon Laser Systems Inc., Pleasanton, Calif., acquired Javad Positioning Systems, San Jose, Calif. Javad¿s president, Dr. Javad Ashjaee, joined Topcon as Chief Technology Officer (CTO). Financial terms of the transaction were not disclosed.

Bob Iguchi, chairman of the newly formed Topcon Positioning Systems Inc. said, "Topcon's goal is to provide the construction, land surveying and GIS industries with the most advanced, complete and affordable positioning instrumentation available on the market."