Agreement With Leading Consulting Firm Nets Quick Sales Results
Vancouver, BC – GPS Industries Inc. (GPSI)
The agreement between GPS Industries and Global Golf Advisors was signed June 15, 2007 with the expectation of achieving $16.5-Million in sales over 12 months. Through just the first 45 days of the relationship GGA has secured sales of the Company’s Inforemerï?¢ Golf Management System in Florida, Illinois, Michigan, Tennessee and Washington State, as well as in Canada and the Bahamas.
GPSI President and CEO Robert Silzer, Sr said: "I knew GGA’s impact on our sales performance would be substantial and I am pleased that we have achieved such strong early results. Their influence throughout the golf industry is reflected not only in the volume of business we’ve concluded but also in the geographic diversity of the customers they’ve attracted. GGA has already helped us close a dozen deals in three countries and that speaks volumes about the potential of this relationship."
Stephen Johnston, CA, MBA, President and Principal founder of Global Golf Advisors, commented: "The Inforemer system is unique in that it delivers a demonstrable positive return on investment for the golf course at a price that has never been seen before in this industry. That’s why we are so excited about partnering with GPS Industries. We are enabling golf course owners to realize a direct financial benefit while improving their competitive advantage in their marketplace." Mr. Johnston is a respected speaker at golf conferences, sits on a number of Boards related to improving the business component of golf, and is Canada’s King of Aces, with 49 holes in one to date.
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
