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NavCom Technology, Inc. and C & C Technologies, Inc. Extend Exclusive Agreement for Offshore GPS Markets

July 13, 2005
NavCom Technology, a wholly owned subsidiary of Deere & Company, and C & C Technologies announced 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.

Source: NavCom, July 7, 2005