Trimble to Acquire Pacific Crest Corporation

SANTA CLARA, Calif., December 22, 2004 – Pacific Crest Corporation, the leading manufacturer of wireless communication equipment designed for position centric and environmental applications, entered into a definitive agreement to be acquired by Trimble based in Sunnyvale, California.  

The closing of the transaction is expected to be in early January.   The change is not expected to affect current Pacific Crest staffing and existing customers will continue to be supported by the company.

For additional details please refer to the news release by Trimble at http://www.trimble.com/news/

About Trimble
Trimble is a leading innovator of Global Positioning System (GPS) technology. In addition to providing advanced GPS components, Trimble augments GPS with other positioning technologies as well as wireless communications and software to create complete customer solutions. Trimble's worldwide presence and unique capabilities position the Company for growth in emerging applications including surveying, automobile navigation, machine guidance, asset tracking, wireless platforms, and telecommunications infrastructure. Founded in 1978 and headquartered in Sunnyvale, Calif., Trimble has more than 2,000 employees in more than 20 countries worldwide.

For an interactive look at company news and products, visit Trimble's Web site at www.trimble.com.

About Pacific Crest Corporation
Pacific Crest Corporation is a leading manufacturer of wireless data communication equipment. Founded in 1994 and with headquarters in Santa Clara, California, Pacific Crest Corporation maintains a strong international presence in the GPS survey and environmental monitoring industries.