GPS World's stock tracker

GPS World, Nov, 2004

GPS WORLD'S STOCK TRACKER

                                           SEPT 15, 2004  OCT 15, 2004
COMPANY              STOCK MARKET  SYMBOL  ADJ. CLOSE     ADJ. CLOSE

CSI WIRELESS INC.    TORONTO S.E.  CSY.TO    $2.38          $2.40
GARMIN LTD.          NASDAQ        GRMN     $39.21         $46.35
NOVATEL INC.         NASDAQ        NGPS     $10.27         $12.83
SIRF TECHNOLOGY      NASDAQ        SIRF     $12.17         $13.22
TRIMBLE NAVIGATION   NASDAQ        TRMB     $29.78         $29.91

                       GAIN/LOSS   GAIN/LOSS
COMPANY                IN $ VALUE  AS % VALUE

CSI WIRELESS INC.      $0.02         0.84%
GARMIN LTD.            $7.14         8.21%
NOVATEL INC.           $2.56        24.93%
SIRF TECHNOLOGY        $1.05         8.63%
TRIMBLE NAVIGATION     $0.13         0.44%

                               SEPT 15, 2004  OCT 15, 2004  GAIN/LOSS
INDEX                 SYMBOL   ADJ. CLOSED    ADJ. CLOSE    AS % VALUE

DOW JONES IND. AVG.   DJI       10,231.36      9,933.38     (2.91%)
NASDAQ COMPOSITE      IXIC       1,896.52      1,911.50      0.79%
S & P 500             GSPC       1,120.37      1,108.20     (1.09%)
S & P TSX COMPOSITE   GSPTSE     8,467.00      8,788.90      3.80%

Note: GPS World's STOCK TRACKER is designed to detail general trends in
the GPS community and key capital markets. The five companies listed
here are publicly traded and represent GPS "pure play" enterprises that
derive most of their income from GPS-related products. For up-to-the
minute stock valuations as well as historical trends for each of these
companies, visit http//:finance.yahoo.com. For recent financial
statements from these publicly held companies, please visit their
respective web sites: www.csi-wireless.com, www.garmin.com,
www.novatel.com, www.sirf.com, and www.trimble.com.