| [August 25, 2004] |
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Award Winning Stonewall Golf Club Selects GPS Industries' Inforemer; Stonewall Golf Club to replace existing GPS system with the Inforemer golf business solution
VANCOUVER, British Columbia --(Business Wire)-- Aug. 25, 2004 -- GPS Industries Inc. (GPSI) (OTCBB:GPSN)(Germany: Frankfurt WKN#: 252179), a leading developer and provider of global positioning (GPS) and Wi-Fi wireless business solutions for golf courses, golf residential communities and golf resorts, today announced that Tom Jackson designed Stonewall Golf Club in Gainesville, Virginia selected the Inforemer(TM) GPS golf business solution. Stonewall Golf Club is a Western Golf Properties managed facility and was rated by Golf Magazine as one of the "Top Public Courses You Can Play." Western Golf Properties manages several golf courses throughout the United States, and provides management and consulting services to dozens more around the world.
Stonewall Golf Club is strategically located along the shores of stunning Lake Manassas, near Washington, D.C. "Being so close to Washington, D.C., our course attracts many business golfers and corporate tournaments," comments Robert Ford, PGA Director of Golf and General Manager at Stonewall. "The Inforemer's advanced tournament and leaderboard system will take our tournaments to the next level, and truly set us apart from the other high-end golf courses in the area." Stonewall also plans to use the Inforemer's Wi-Fi network to offer wireless, high-speed Internet service to corporate outings, functions and retreats. There is future potential to offer these services to residents of their golf community.
The Inforemer is being so widely received that award winning courses, such as Stonewall, are replacing their existing GPS systems. "With its fourth generation technology, the Inforemer has leaped ahead of other GPS systems," comments Blake Ponuick, Vice President of Sales and Marketing for GPSI. "Stonewall wanted to partner with a company with expertise in both technology and golf, offering an advanced, easy-to-use, reliable system backed by a strong service and support program. We are proud that Stonewall chose GPS Industries as their business partner."
Stonewall Golf Club will install the Inforemer's full management system and equip all 80 of its golf cart fleet with the Inforemer's 10.4" color cart-mounted GPS units. Stonewall Golf Club is the latest in a series of recent GPSI installations. GPSI currently has installations at top courses across the United States and internationally.
About GPS Industries Inc.
GPS Industries Inc. (GPSI) is a developer and provider of global positioning location-based management systems. The company's unique and patented Inforemer(TM) system was designed to meet the needs of golfers, golf courses and golf course management companies worldwide. The Inforemer combines the latest in unique high-speed Wi-Fi wireless technology, differential global positioning location-based services, Internet protocols, two-way messaging, media management and customer relationship management systems. GPSI's products are sold internationally through a growing network of independent distributors. GPSI's Board of Directors includes legendary golfer and businessman Greg Norman. Additional information can be obtained from the company's web site: www.gpsindustries.com.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: The Company's ability to raise finance; global and market conditions within the golf industry; demand for and market acceptance of new and existing products; successful development of new products; the timing of new product introductions; pricing pressures and other competitive factors; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; as well as other risks and uncertainties, including but not limited to those detailed from time to time in the company's Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise. Other brands and names contained in this release are the property of their respective owners.
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