Novariant Inc. announces that its board of directors has appointed Chris Ragot to serve as the company’s president and CEO.

“I am very excited about this opportunity,” says Ragot. “The company pioneered GPS control systems in the agricultural market. With our AutoFarm division having just recently introduced ParaDyme, the world’s first totally integrated precision farming system, we continue the focus on helping our dealers and their farm producer customers be more efficient and more successful in their businesses.”

“Chris Ragot was most recently president and CEO of FreightCar America Inc. (NASDAQ: RAIL) where he led a profitable public company through multiple business cycles,” says Jim Gibbons, chairman, Novariant, Inc. “Prior to FreightCar America, Inc., Chris spent the majority of his career with Terex Corp. and Ingersoll-Rand Co. in various executive and senior level management positions from 1984 to 2007.”

Gibbons adds, “Having spent most of his career in the capital equipment industry where he developed a strong foundation of financial, operations and commercial skills, we are confident that Chris can lead us to new levels of success and accomplishment in the markets we serve.”

About Novariant, Inc.
Novariant is the premier industrial solutions provider for precision positioning, intelligent control systems and positioning infrastructures.  The company’s precision solutions are enabled by the Global Positioning System (GPS) and other patented location and communications-based technologies to automatically steer equipment, map terrain, and land aircraft. Founded in 1994, Novariant can be found at www.novariant.com.

About AutoFarm

AutoFarm, a division of Novariant Inc., manufactures and markets Global Positioning System (GPS) receivers and precision agriculture solutions for machine control and automatic steering  based on its experience in advanced aviation landing systems.AutoFarm is a pioneer of GPS Precision Farming systems having developed the first farm tractor automated steering system in 1998 . AutoFarm can be found at www.gpsfarm.com or by calling +1-877-947-7327.