NEW YORK, New York, January 10, 2006 – GPS Industries Inc. (OTCBB: GPSN), a leading innovator of GPS-enabled multimedia communications and Wi-Fi management solutions for golf facilities, resorts, sporting events and residential communities is pleased to announce the hiring of Peter Lesyk as the new Vice-President for Wireless Solutions.
Peter joins the company with over sixteen years of international wireless experience including sales, business development, marketing and R&D with both blue-chip and emerging high-tech companies. His expertise includes over 10 years at Ericsson where he took on R&D and marketing assignments in Europe and in the United States, respectively. Most recently, Peter was at VoiceAge Networks, a global leader in wireless multimedia transcoding infrastructure, where he led the sales activities for Europe, Middle East and Africa. He subsequently went on to lead the global business development for the company.
States GPSI President and CEO Robert Silzer, Sr., "We are currently developing both products and strategies to widen our GPS influence and patents into exciting new areas, and the addition of Peter will ensure a focused strategy. His expertise and experience in the wireless field is a great addition to our company, and will help fuel the growth we have planned for 2006."
GPS Industries is currently in the process of developing a second-generation of products to target spectator hand-held applications for sporting events. The company’s hand-held units bring the exciting promise of opening up new revenue streams and new channels for wireless GPS applications.
The company’s flagship product, the "Inforemer", has seen sales increase over 300% in second year the product has been offered on the market. Purchasers routinely cite the "Inforemer" as being far and away the best product available in golfing GPS, and the only product offering Wi-Fi enhancements bringing add-on content such as real-time sports information, food and beverage sales, and security camera options to golf course management.
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.
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
