Golf Courses To Profit From Wi-Fi Innovation
Vancouver, BC – April 20, 2006 — GPS Industries Inc. (GPSI) today announced the latest enhancement to their INFOREMERTM GPS Golf Management system; it is called InforezoneTM.
InforezoneTM enables any golf course operator, or golf community developer, to become a Wireless Internet Service Provider (WISP) and generate revenue from access fees to their own wireless hot spot.
"The size of the hot spot is virtually limitless" says Peter Lesyk, Vice President of Wireless Solutions at GPSI. "A stand-alone golf course generally covers at least 140 acres but some of the real estate developers we’re working with have projects of more than 1,000 acres. InforezoneTM is fully capable of covering all that."
GPSI’s InforezoneTM innovation is a comprehensive turn-key program which includes network design and deployment, customer-branding, web site hosting, network monitoring, customizable access rate plans, full payment processing, even 24/7 support.
"Because our InforemerTM GPS system uses Wi-Fi as the communications vehicle, we’re able to easily add InforezoneTM to the range of management and marketing tools already in the InforemerTM package," says Lesyk. "The obvious benefit to the golf course operator, or community developer, is a brand new and lucrative revenue stream. The bottom line potential for them is enormous."
About GPS Industries, Inc.
The company’s unique suite of systems and software maximize operational efficiency while also generating significant new revenue streams. The company’s patented InforemerTM GPS system is a comprehensive golf management solution, combining powerful backend management tools and revenue generating modules with mobile handheld or cart-mounted full color display screens, seamlessly connected via a high-speed wireless network. GPSI owns the patents covering golf-related GPS technology for all major golf markets worldwide, including North America, Australia, Japan and 11 European nations. GPSI’s Board of Advisors includes legendary golfer and businessman Greg Norman.
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:
Mr. Steven Barrett
Director, Marketing & Communications, GPS Industries
604.576.7442 ext 115
steven@gpsindustries.com
Ryan Gray
Investor Relations
310.276.6743
ryan@gpsindustries.com
