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Vaughn Joins NovAtel

Dave Vaughn will join NovAtel Inc. (NASDAQ: NGPS) as president and chief executive officer on February 26, 2001.

“We are delighted to have someone with Dave’s skills and extensive experience in the GPS industry join NovAtel,” said Jim Close, company chairman. “Dave has a proven record and has repeatedly demonstrated his ability to succeed with companies such as ours,” he said.

Vaughn was formerly senior vice president and chief operations officer at Magellan Corporation, and has held several senior management positions at Trimble Navigation Limited, including executive vice president, corporate business development. His appointment with NovAtel is initially under a six-month contract.

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