Company Denies Any Liability; Will Respond Aggressively Seeking All Available Remedies
VANCOUVER, BRITISH COLUMBIA– (Nov. 5, 2007) – GPS Industries, Inc. (GPSI) (OTCBB:GPSN), the world’s leading provider of WiFi-enabled golf management systems, intends to respond decisively and aggressively to the patent infringement lawsuit filed last week by ProLink Holdings Corp. Robert Silzer, President and CEO of GPSI, provided these initial comments about the suit: "Our Inforemer Golf Management System is built on our own state of the art technology and is protected by our own intellectual property. We are familiar with ProLink’s patents, but simply have no use for that technology. We are confident that the Inforemer system does not infringe any aspect of ProLink’s patents. We are advised by Uplink, and our own investigation confirms, that the Uplink systems do not encroach upon these patents. So from our point of view, the lawsuit has no merit whatsoever."
GPSI’s legal team has considerable expertise, depth and experience in patent lawsuits such as this. Silzer added, "We are working closely with our patent litigation counsel and advisors to evaluate all available legal options and remedies available to GPSI and Uplink as a result of ProLink’s actions. Given the baseless nature of ProLink’s assertions in the lawsuit, and the ill motive suggested by the timing of the suit and by ProLink’s misleading press release, we are considering a number of possibilities. I feel, however, that both GPSI and Uplink are best served if I withhold further comment until our legal strategy is finalized and placed into action."
About GPS Industries, Inc.
GPS Industries, Inc. (GPSI) develops and markets GPS and Wi-Fi multimedia solutions to enable managers of golf facilities, resorts, and residential communities to improve operational efficiencies and generate significant new revenue streams. The Company’s Inforemerï?¢ Management Solutions product line provides integrated software applications and a high-resolution 10.4-inch cart mounted "HDX" display panel. The HDX panels vividly illustrate each hole, providing precise distance measurement information, strategic playing tips and targeted advertising messages. The patented system is seamlessly connected via a high-speed Wi-Fi network that effectively turns the entire facility into a wireless hot spot.. 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
Dan Klores Communications
Jason Geller
212.685.4300
