NEW YORK, New York, November 10th, 2005 – GPS Industries Inc. (OTCBB: GPSN), a leading innovator of Wi-Fi and GPS-enabled multimedia communications and management solutions for golf facilities, resorts, sporting events and residential communities announced today that it has issued court proceedings in London, UK alleging infringement of European Patent 0617794B1 against ProLink Solutions LLC, Elumina Iberica SA, and Elumina Iberica Limited.
This legal move has been made by the company in order to ensure that the patented golf GPS technology the company controls worldwide is properly licensed.
Robert Silzer, Sr., CEO and President of GPS Industries, Inc. says: "GPS Industries, Inc. is willing to sell licenses on reasonable commercial terms to all those who wish to offer the technology covered by our patents. Repeated attempts to put licenses in place with these particular companies have failed, and so we are now forced to seek remedies through the legal system to stop them from using our patented technology."
Silzer anticipates that a successful licensing program would increase revenue for the company and would be a significant long-term source of profit. According to Silzer, the pursuit of court enforcement proceedings as a last resort measure is a necessary component of GPS Industries’ licensing strategy.
Companies currently in need of a license to provide golfing GPS technology should contact GPS Industry’s licensing representative James McGill at jamesmcgill@goanyware.com or direct 918-388-3525.
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(TM) 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. For additional information on GPSI and its solutions, please visit www.gpsindustries.com.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: The Company’s ability to raise finance; global and market conditions within the golf industry; demand for and market acceptance of new and existing products; successful development of new products; the timing of new product introductions; pricing pressures and other competitive factors; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the company’s Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. Other brands and names contained in this release are the property of their respective owners.
Contact:
Bernadine Plavcic
Director, Marketing & Communications, GPS Industries
604.576.7442 ext 136
bernadine@gpsindustries.com
Ryan Gray
Investor Relations
310.276.6743
ryan@gpsindustries.com
