Company Nets Increased Inforemer System Sales Force
Vancouver, CANADA – GPS Industries, Inc. (GPSI) (OTC BB: GPSN.OB), the only provider of Wi-Fi powered, advertising enhanced GPS systems for golf facilities, resorts and residential communities, today announced that it has acquired Golf Academies, a leading European distributor of golf industry products and services. In recent years, Golf Academies, based in Eastbourne, UK, has successfully marketed the Company’s Inforemer-HDâ?¢ Golf Management System throughout Europe’s largest golf markets.
Golf Academies is an established leader in the European golf industry, and has represented GPSI’s products for more than two years. Over that period they have secured sales at numerous leading golf facilities including Scotland’s St. Andrews Bay Resort and Royal Evian Resort in the French Alps.
Among other results of this acquisition, GPS Industries will gain the existing Golf Academies sales staff, which the Company plans to further build to eight representatives over the next 3 months. GPS Industries will now maintain several European sales offices, in England, France, Ireland and Spain.
"It has been very rewarding to market the Inforemer-HD system," said Ben Porter of Golf Academies Ltd. "The technology is vastly superior to other offerings in the industry and we have witnessed a growing preference for its enhanced features in a very discerning European golf marketplace."
GPSI’s President and CEO, Robert Silzer, Sr., commented: "We are pleased to welcome our friends at Golf Academies into our expanding global sales organization. With the accelerated momentum we are gaining, including our marketing alliances with high-profile industry associations and the five-year, $82.5 million contract we just secured through Global Golf Advisors, it is a very exciting time at GPS Industries. This new acquisition gives us a corporate-owned yet organic sales force and a unique presence in the lucrative European market. We fully anticipate a robust growth period there with Golf Academies now fully under the GPSI banner."
About Golf Academies Ltd.
Golf Academies Ltd. is a leading distributor of golf products and services throughout Europe. Based in the United Kingdom, the home of golf, Golf Academies distributes a broad range of products and services to clubs and companies who are serious about getting the most out of their golf facilities. Golf Academies carries the latest, most useful and most innovative products in the golf industry. Company principals Ben Porter and Phil Lewin, both British Professional Golf Association (PGA) members, bring a combined 34 years’ experience in European golf. They introduced both GPS and digital video systems to the region, and have operated several golf academies and facilities, including the esteemed David Leadbetter Golf Academies.
About GPS Industries (GPSI)
GPS Industries, Inc. (OTCBB: GPSN) is a global technology solutions provider whose GPS and Wi-Fi applications are best-of-breed in the vertical markets of golf course management and residential community development. In the golf industry, the Company’s Inforemer-HDï?¤ GPS Management System features an integrated Wi-Fi communications network, a comprehensive suite of club management tools, and award-winning cart-mounted display units that provide an enriched on-course playing experience for golfers and lucrative advertising opportunities the Company and its client facilities. In the community development vertical, the Company’s WiStreamï?¤ division implements WiFi coverage throughout an entire development, creating a community-wide wireless ‘hot-spot’ which supports the Company’s unique array of WiFi amenities: wireless internet connectivity, location tracking devices, wireless security protection, VOIP phones, mobile point-of-sale systems, and an interactive real estate sales tool. GPSI owns key patents for many important GPS and Differential GPS (DGPS) applications in fifteen countries worldwide, including the United States, Australia, Great Britain and Japan. For additional information, please visit www.gpsindustries.com, www.wistream.com and www.gpsifireattheflag.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
Chief Marketing Officer
604-576-7442
steven@gpsindustries.com
Ryan Gray
Investor Relations
310-276-6743
ryan@gpsindustries.com
Sean Collins, Senior Partner
CCG Investor Relations
310-477-9800, ext. 202
www.ccgir.com
