NEW YORK, New York, January 18, 2006 – 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 their participation and plans to highlight their MS Certified and award winning "Inforemer" GPS/WiFi wireless solutions at the golf industry’s largest business event, the 2006 PGA Merchandise Show, January 26-29, at the Orange County Convention Center in Orlando, Florida.
GPS Industries will be located in the Golf Products & Services section of the Show floor, in booth number 7206. Golf legend Greg Norman will be speaking about the company’s products and plans for 2006 on Thursday January 26, 2006, at a scheduled time of 1:45 pm. Greg Norman has partnered with GPSI to help promote the groundbreaking "Inforemer" product along with GPSI’s Microsoft Award-Winning software.
"We have the lowest risk, highest value proposition in the market," says Robert Silzer, Sr., President and CEO of GPSN. "With this GPS/WiFi system you are future proof, because it is by far the best product available right now, and we have the most add-on potential for any and all future wireless enhancements as the next generation of WiFi products are designed and become available."
Organized in partnership with The PGA of America, the 2006 PGA Merchandise Show, January 26-29, will host more than 45,000 PGA Professionals, retailers and industry leaders to preview the products and services of more than 1,200 golf-related exhibitors within 500,000 net square feet of the Orange County Convention Center in Orlando, Florida.
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