New Chief Financial Officer to Guide Burgeoning Global Enterprise
VANCOUVER, BC – GPS Industries Inc. (GPSI)
Mr. Miller earned his Certified Management Accounting (CMA) designation in 1992 and has established considerable financial management and strategic planning experience with publicly traded firms in the energy sector. He comes to GPS Industries from TransAlta Corporation where he was Director of Financial Operations for that company’s Energy Marketing division.
"I am very excited to be joining the GPSI team," said Miller. "The Company’s GPS patents coupled with WiFi technology is cutting-edge and the strength of their global investment partners create a uniquely compelling business opportunity. It is a diversified business model with truly enormous upside potential."
GPSI President and CEO Robert Silzer, Sr said: "We are very pleased to have Joe as part of our senior management team. Our growth has been accelerating and Joe’s financial guidance will be critically important through this rapid development period and beyond."
Silzer continues: "The significant investments we’ve enjoyed from our shareholders and financial partners, including Greg Norman’s Great White Shark Enterprises, necessitates that we maintain the most sophisticated financial management possible. It’s an essential part of building out the full potential of our technology and business plan."
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GPSI 2/2
About GPS Industries (GPSI)
GPS Industries, Inc. (OTCBB: GPSN) is a global media and technology solutions provider. In the golf industry, the Company’s Inforemerï?¢ GPS Management System features an integrated WiFi communications network, a comprehensive suite of management tools, and award-winning cart-mounted display units that provide an enriched playing experience for golfers and a lucrative advertising opportunity for the Company and its client facilities. In the community development vertical, the Company’s WiStreamâ?¢ division implements WiFi coverage for residential communities, creating a wireless ‘hot-spot’ which sup-ports an 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. The Company 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 addition-al 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
Chief Marketing Officer
604-576-7442
steven@gpsindustries.com
Ryan Gray
Investor Relations
310-276-6743
ryan@gpsindustries.com
