Awards recognize innovative technology organizations
October 18, 2007 (Vancouver, Canada) – GPS Industries, Inc. (GPSI) (OTC BB: GPSN.OB) has been recognized by Cisco for its innovative use of networking technology to generate breakthrough business benefits. GPS Industries was named a runner-up in the Sales and Marketing category of the Cisco Growing with Technology Awards 2007. Winners were announced Oct. 9 during a ceremony at the Hotel Sofitel in Redwood Shores, Calif.
As the technology leader in the golf management industry, the Company considers research and development integral to the business. "We are extremely proud of the technology solutions we’ve developed" stated Alex Doaga , Executive VP & CTO of GPS Industries. "Our suite of Management applications has been chosen by more than 300 leading golf facilities around the world and there is nothing that can compare to the quality or variety of our solutions. This recognition from Cisco certainly validates our confidence."
The company’s Inforemer® Golf Management System is the most advanced solution of its kind, providing an enriched playing experience for golfers and a comprehensive suite of management tools for course operators. GPS Industries serves more than 300 leading golf facilities on five continents and owns key patents for golf-related GPS applications in fifteen countries worldwide.
"The Cisco Growing with Technology Awards program celebrates the entrepreneurial approach that leading small and midsized businesses are taking towards the adoption of technology." said Peter Alexander, Vice President of Business Marketing at Cisco. "This year’s winners exemplify the Cisco Smart Business approach to technology adoption. Being a ‘smart business’ means using technology to improve internal business processes: working smarter instead of harder. As one of this year’s winners, GPS Industries is ahead of its peers in terms of being a smart business. We hope other organizations will be inspired by GPS Industries’ creative and resourceful approach to harnessing the Internet and networking technology to set itself apart from its peers."
The Cisco Growing with Technology Awards program was created to recognize organizations from across the United States and Canada that use networking technology in innovative ways to improve sales and marketing, expand and deliver superior service to customers, improve operational efficiencies, or outpace their competition. Award winners are those companies that showcase best practices in the use of technology to address business challenges. A panel of 10 judges selected the winners from more than 570 applicants.
"We are tremendously excited about our technology and proud of our accomplishments to date," said Doaga. "It is very exciting to be recognized for our advancements, and we expect to further the superiority of our business management solutions."
About GPS Industries (GPSI)
GPS Industries, Inc. (OTCBB: GPSN) is a global technology solutions provider. In the golf industry, the Company’s Inforemer® Golf Management System features an integrated WiFi communications network, a comprehensive suite of management tools, and award-winning cart-mounted display units. These display units deliver an enriched playing experience for golfers and a lucrative advertising opportunity for the Company and its client facilities. For golf communities, the WiFi infrastructure enables significant lifestyle amenities for residents, creating a wireless ‘hot-spot’ which supports an unique array of technologies: 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 the patent for position-based on-course advertising as well as numerous patents for GPS and Differential GPS (DGPS) applications for golf in fifteen countries worldwide, including the United States, Australia, Great Britain and Japan. 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:
GPS Industries
Steve Barrett, CMO
604.576.7442 ext 115
GPS Industries
Ryan Gray, Investor Relations
310.276.6743