The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from GlobeNewswire (a Nasdaq OMX company)

Raven Industries Announces Distributor Relationship With NavtechGPS

Wednesday, December 14, 2011

Raven Industries Announces Distributor Relationship With NavtechGPS09:00 EST Wednesday, December 14, 2011SIOUX FALLS, S.D., Dec. 14, 2011 (GLOBE NEWSWIRE) -- Raven Industries Electronic Systems Division (Nasdaq:RAVN) announces a new distributor relationship regarding their Raven StarLink Differential Global Positioning System (DGPS) products through NavtechGPS. NavtechGPS is a technology driven small business with more than two decades of experience in global positioning systems, geolocation technology and GPS/GNSS technical training. Beginning December 15, 2011 NavtechGPS will receive and process United States orders on Raven StarLink DGPS products. These products include line amplifiers, RavenLink, down/up converters, splitters, and antennas. This relationship has been put in place to improve product availability, increase speed of order fulfillment, and improve support for customers.  Starting December 15, please submit orders for the above products to: Timothy C. Mallon Technical Sales & GIS Specialist 703-256-8900, x108 tmallon@navtechgps.com or Precy Aquino-Jessen Technical Sales Account Manager 703-256-8900, x104 pjessen@navtechgps.com Orders can also be placed by calling 800-628-0885 or fax 703-256-8988. We look forward to working with NavtechGPS to better meet our customers' needs. About Electronic System Division: The Electronic Systems Division of Raven Industries, Inc. is a total solution provider of contract electronic manufacturing services primarily for low volume/high mix industrial products that stand up to harsh environments with great reliability. End markets served include controls and instrumentation, aerospace and aviation, and secure communications.About Raven Industries, Inc: Since 1956, Raven Industries has provided high-quality, high-value technical products. Raven is publicly traded on NASDAQ (RAVN) and has earned an international reputation for innovation, product quality, high performance and unmatched service. With strengths in engineering and technological innovation, Raven provides custom solutions including precision agriculture applications, high performance specialty films, aerostats for communications and surveillance, and electronic manufacturing services. Learn more about Raven Industries at www.ravenind.com. About NavtechGPS: NavtechGPS is a technology driven small business with more than two decades of experience in Global Positioning System (GPS) and geolocation technology. As a reseller of hundreds of GPS-related products, NavtechGPS delivers innovative solutions for military, commercial and research commercial-off-the-shelf (COTS) integration projects. NavtechGPS has been a critical team member on hundreds of complex projects and has helped its partners win competitive programs. NavtechGPS' deep technical understanding — combined with practical experience — results in solutions that meet its customers' technical needs, budgetary and scheduling requirements. NavtechGPS is also a world leader in GPS/GNSS education with more than 25 years of experience and a comprehensive list of course offerings. Its courses are taught by world-class instructors who have educated thousands of GNSS professionals. For more information about NavtechGPS, its products, services, and seminars, please visit www.NavtechGPS.com.Forward-Looking Statements This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the expectations, beliefs, intentions or strategies regarding the future. Without limiting the foregoing, the words "anticipates," "believes," "expects," "intends," "may," "plans," and similar expressions are intended to identify forward-looking statements. Raven Industries intends that all forward-looking statements be subject to the safe harbor provisions of the Private Securities Litigation Reform Act. Although management believes that the expectations reflected in forward-looking statements are based on reasonable assumptions, there is no assurance these assumptions are correct or that these expectations will be achieved. Assumptions involve important risks and uncertainties that could significantly affect results in the future. These risks and uncertainties include, but are not limited to, those relating to changes in competition, raw material availability, technology or relationships with Raven Industries' largest customers—any of which could adversely affect any of Raven Industries' product lines—as well as other risks described in the company's 10-K under Item 1A. This list is not exhaustive, and Raven Industries does not have an obligation to revise any forward-looking statements to reflect events or circumstances after the date these statements are made.CONTACT: Kristin Tilus, Public Relations Coordinator Raven Industries, Inc. Ph: 605-575-0640 Email: Kristin.Tilus@ravenind.com Paula Danko, Marketing Manager NavtechGPS Ph: 703-256-8900 Email: pdanko@NavtechGPS.com