Sale of Can-Net to Trimble

Dear Valued Customer,

We are pleased to announce that Trimble has purchased Can-Net, Cansel’ s RTK network correction service. Trimble has a long history of providing VRS network infrastructure design and build, as well as delivering reliable GNSS correction solutions for the agriculture, geospatial, construction and automotive industries. As Cansel’ s trusted partner, Trimble is already familiar with Can-Net’ s network operation, allowing for a seamless transition. This collaboration brings greater resources and expertise to ensure that your experience as a Can-Net subscriber remains excellent.

Cansel has serviced the Canadian market for over 15 years with Can-Net. This experience, combined with Trimble’ s breadth of solutions and expertise in network management, will further improve the superior service and network reliability to which you’ve become accustomed. It is important for subscribers to know that your experience with Can-Net will be the same as before. Cansel will still be your first point of contact and your subscription will continue to be purchased, maintained and supported through Cansel.

Please continue to work with your current Can-Net account team and service representatives at Cansel going forward. Our focus remains on delivering value to our customers and providing the highest quality products and services that you have come to expect. We value your business and assure you that there will be no disruption to the service you are using today.

With proven reliability and operational excellence, we (Cansel and Trimble) look forward to demonstrating a continued commitment to our customer base.

If you have any questions or concerns, please feel free to contact your local representative.

Sincerely,

Martin Trudelle
President

Trimble Press Release:

SUNNYVALE, Calif., Dec. 3, 2019 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today the acquisitions of Cansel Survey Equipment's Can-Net and AllTerra New Zealand's iBase networks. The acquisitions significantly increase the global footprint of Trimble-owned Virtual Reference Station (VRS) networks by adding key geographies in North America and New Zealand. Subscription-based VRS correction services are now accessible to more customers around the world who rely on high-accuracy corrections to increase productivity and reduce operational costs. The correction services are ideal for professionals in agriculture, geospatial and construction as well as emerging high-accuracy applications, such as on-road positioning for passenger vehicles. Financial terms were not disclosed.

Trimble is transforming how and where users can leverage precision and accuracy by:

• Deploying and acquiring networks and services worldwide that deliver high-accuracy positioning nearly anywhere in the world, making Trimble a leading provider of corrections in urban, suburban and even the most rural areas.
• Continuing to advance GNSS corrections technology that enables industries to re-think what is possible when using augmented positioning for improving safety, performance, productivity and operational efficiency, whether in the field or on the road.
• Empowering emerging consumer markets by delivering absolute positioning for passenger vehicles, enabling Advanced Driver Assistance Systems (ADAS) to maintain precise in-lane positioning.

The Can-Net and iBase acquisitions add over 1.1 million square kilometers (over 425, 000 square miles) to Trimble's correction services coverage that has grown robustly over the past eight years, contributing to Trimble's shift toward software, services and subscription business emphasis.

Canada - Can-Net Network

The Can-Net network is comprised of multiple VRS networks and single-base solutions offering GNSS corrections across Canada. The acquisition provides Trimble with the largest VRS footprint in Canada, covering over one million square kilometers (over 386, 000 square miles). Subscribers primarily work in the agriculture, survey and construction industries. In addition, the Can-Net network enables Trimble corrections technology to be utilized by automotive stakeholders deploying ADAS systems along the Trans-Canadian Highway.