BSQUARE to Acquire New Telematics Technology, New Customers In Purchase of InfoGation

3/11/2002 - BSQUARE Corporation (Nasdaq: BSQR) today announced the acquisition of privately-held InfoGation Corporation in a cash and stock transaction valued at approximately $8 million. InfoGation is a recognized industry leader in the development of on-board and handheld vehicle navigation systems, one of the largest and fastest growing smart device market segments. With this acquisition, BSQUARE will increase its presence in the telematics market with a high quality line of product and service offerings. InfoGation will become a wholly owned subsidiary of BSQUARE and its 26 employees will continue to operate out of its San Diego, California location.

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