SARASOTA, Fla. – Dec. 16, 2004 –GPS Industries, Inc. (OTCBB:GPSN)(FWB:252179), a leading innovator of Wi-Fi wireless and GPS-enabled multimedia communications and management solutions for golf facilities and residential communities, has announced that it has signed leading European golf industry distributor GEPSCO Ltd. to market the Company's Inforemer Wi-Fi GPS Golf Business Solution in several of the continent's largest national golf markets. The announcement was made by Robert Silzer, Sr., president and CEO of GPS Industries.
GEPSCO will market GPSI's next-generation golf course products in the United Kingdom, Ireland, Spain, France and Portugal, four of the largest golf markets in Europe, representing more than 3,000 courses. The distribution pact with GEPSCO furthers GPSI's strategic growth and position in Europe. GPSI has recently opened an office in the UK, and purchased the exclusive patents to the use of key Differential GPS golf technology in 11 European nations.
Already firmly established with strong ties in the European golf industry, GEPSCO's distribution reach firmly establishes GPSI's presence in the world's second largest golf market. GEPSCO principals, Ben Porter and Phil Lewin, are both British Professional Golf Association (PGA) members, and have been major forces in the European golf industry.
"Ben and Phil were instrumental in pioneering GPS technology to European golf," said Mr. Silzer. "Their knowledge of both the game and the application of GPS to the business of golf will help them quickly establish Inforemer in the important European golf market."
"Inforemer is a state-of-the art GPS system, ideally suited to the unique needs of European golf," said Mr. Porter. "European golf courses will quickly recognize the benefits this system provides not only to the game of golf, but their bottom line." As the only GPS system to offer golf courses the choice of both handheld and cart-mount GPS view screen units, Inforemer is ideally suited to the European marketplace where golfers both walk the course and ride carts. Moreover, Inforemer provides European golf courses with a wide range of capabilities, including the management of tournaments and course facilities, analysis and monitoring of course activity, customer relationship management, the generation of revenue through remote food and beverage order placement, the sale of multi-media advertising spots and internet access through Wi-Fi hotspots.
GPSI is strategically positioned to penetrate the European golf market having recently acquired the exclusive patents to Differential GPS (DGPS) in Great Britain, Ireland, France, Spain, Portugal, Italy, Sweden, Switzerland, the Netherlands, Germany, Austria, Australia and Japan. With the recent announcement of the purchase of the GPS golf patents in North America, GPSI now owns the patents for all major markets in the worldwide golf marketplace.
About GEPSCO Ltd.
GEPSCO Ltd., is a leading distributor of golf products and services throughout several European countries. Based in the United Kingdom, the home of golf, GEPSCO distributes a broad range of products and services to clubs and companies who are serious about getting the most out of their golf courses. GEPSCO carries the latest, most useful and most innovative products in the golf industry. Company principals Ben Porter and Phil Lewin, both British Professional Golf Association (PGA) members, bring a combined 30 years experience in European golf. They introduced both GPS and digital video systems to the region, and have operated several golf academies and facilities, including the esteemed David Leadbetter Golf Academies.
About GPS Industries, Inc.
GPS Industries, Inc. (GPSI) develops and markets GPS and Wi-Fi wireless multimedia solutions to enable managers of golf facilities, resorts, sporting events, and residential communities worldwide to generate significant new revenue streams and improve operational efficiencies. The company's unique and patented Inforemer product line provides a complete GPS golf business solution, combining a powerful backend management information system and revenue generating modules with mobile color handheld or cart-mounted Differential GPS units, seamlessly connected via a wireless, high-speed Wi-Fi network. GPSI's Board of Directors includes legendary golfer and businessman Greg Norman. For additional information on GPSI and its solutions, please visit www.gpsindustries.com.
