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NEW FIRM ENTERS SURVEYING INDUSTRY

CALGARY, Alberta-Tokyo-based Sokkia Co. Ltd., a provider of optical surveying instruments, and Calgary-based NovAtel Inc., developer of global positioning system technology, signed an agreement to form a jointly owned subsidiary company called POINT Inc.

POINT Inc. will provide measurement solutions for the fields of surveying, mapping, geographical information systems, construction and machine control. It will be headquartered in Lenexa, Kan., with offices in Calgary, and it will begin operations Aug. 2, said the companies.

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