Global Technology Specialist Joins Growing Executive Team
Vancouver, Canada – GPS Industries, Inc. (GPSI)
Mr. Stratton comes to GPSI with an impressive twenty year history in international GPS and technology sales. His most recent posting was as Vice President Sales for Navitaire Inc., a division of Accenture. He has also held senior sales positions with the U.K.-based Tri-Mex International and U.S.-based travel and transportation IT giant, Sabre Inc.
"Obviously I am very excited to be joining the GPSI team," says Stratton. "Their patented GPS technology is truly remarkable and I am convinced we’re right on the verge of a huge growth opportunity." According to documents recently filed with the SEC, GPSI’s 2005 sales exceed those of the previous year by 166% and the company is projecting similar gains for 2006.
"The senior management already in place is another draw for me," Stratton continues. "It’s always exciting to be part of a talented and dynamic group. Of course, being connected to the golf industry has an allure all its own as well."
Says GPSI President & CEO Robert Silzer, Sr, "We are very pleased to have David as part of the GPSI team. Our sales performance over the last eighteen months has been spectacular and his international experience will help us leverage that globally."
About GPS Industries (GPSI)
GPS Industries, Inc. (OTCBB:GPSN) is the leading innovator of Wi-Fi enabled GPS systems for golf facilities and residential communities. The company’s patented INFOREMERï?¤ System provides GPS distance information, a Wi-Fi communications network with asset tracking capabilities, augmented by a suite of management tools and revenue generating modules. Central to the system’s functionality are the full color cart-mounted and handheld display units, which have been recognized for their remarkably vivid graphics. For additional information please visit www.gpsindustries.com
Forward-Looking Statements
Some statements contained in this release may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that such forward-looking statements involve risks and uncertainties that may cause the company’s actual results to differ materially from such forward-looking statements. These risks and uncertainties include, but are not limited to, the company’s ability to generate revenues and other factors as described in the Company’s literature and filings with the Securities and Exchange Commission.
Contact:
Steve Barrett
Director, Marketing & Communications
604-576-7442
steven@gpsindustries.com
Ryan Gray
Investor Relations
310-276-6743
ryan@gpsindustries.com
