[July 15, 2004] CSI Wireless Establishes Supply and Product Development Relationship with DICKEY-john Corporation CALGARY, July 15 /PRNewswire-FirstCall/ -- (TSX:CSY): CSI Wireless Inc., a designer and manufacturer of advanced wireless and GPS products used in almost 50 countries, today announced it has established a supply and product- development relationship with DICKEY-john Corporation, a leading manufacturer of electronic equipment for the agricultural and public works sectors, with customers on six continents. DICKEY-john, a well-recognized global technology leader in agriculture, public works and analytical instrumentation, develops and manufactures innovative electronic products used to control and monitor consistent and accurate seed and chemical application. The Illinois-based company also manufactures analytical products and moisture sensors that are recognized as the national standards for use in grain elevator storage and transportation. Through its extensive distribution channels and European head offices in France, DICKEY-john has global reach into all of its market segments. CSI Wireless' relationship with DICKEY-john involves two supply agreements, plus an agreement concerning joint product-development initiatives. CSI Wireless has agreed to supply GPS technology for GPS Speed Sensor, an innovative new DICKEY-john product that, by creating velocity pulses in relationship to a vehicle's speed, enables DICKEY-john's products to monitor and control variable rate applications of seeds and chemicals. GPS Speed Sensor complements DICKEY-john's Dopplar Radar ground speed sensor line products. CSI Wireless has also agreed to supply lightbar-based precision guidance systems that DICKEY-john will market as "FieldGuide." The systems, featuring sub-metre accuracy, give farmers and their tractors straight-line and contour guidance, plus data logging. FieldGuide, DICKEY-john's first product entry in the rapidly growing agricultural precision guidance market, will be marketed through the company's large domestic and international distribution channels. As part of their new strategic relationship, CSI Wireless and DICKEY-john have also agreed to take advantage of their substantial, diverse and complementary core technologies by pursuing other joint product-development strategies and market opportunities. "These supply and product-development agreements will help CSI Wireless' GPS sales maintain their current growth path," said Stephen Verhoeff, CSI's President and CEO. "We welcome the opportunity to combine our companies' engineering skills, knowledge and innovation. Because DICKEY-john has historically developed all its core technology in-house, CSI is excited to be developing products for DICKEY-john. Together, we'll achieve maximum benefit for DICKEY-john customers." "CSI Wireless is a respected and prominent player in agricultural guidance, and was a very logical choice for us when we began looking for a long-term supplier and product-development partner," said Chris Tarpley, DICKEY-john's Vice-President of Marketing and Sales. About DICKEY-john Two innovative farmers founded DICKEY-john Corporation in 1966 after developing a revolutionary planter monitor -- the first electronic tool to confirm to farmers that seeds were being planted consistently. Since then, Auburn, Illinois-based DICKEY-john has become a world leader in manufacturing ruggedized electronic assemblies for the agricultural and public works sectors, with customers on six continents. Its products include planter monitors, materials application systems, sprayer and spreader systems, joystick controls, and analytic systems. For more information about DICKEY-john go to http://www.dickey-john.com/ About CSI Wireless With offices in Calgary, Silicon Valley, and Phoenix, CSI Wireless designs and manufactures innovative, cost-effective, wireless and GPS products for mobile and fixed applications in the agriculture, marine, automotive and other markets. CSI is a leader in several emerging high-growth markets including Precision Guidance in Agriculture, Consumer Telematics and Fixed Wireless Telephones. The Company owns numerous patents and intellectual property relating to wireless and GPS technologies. It has licensed its cellular technology to GPS, cellular handset, and chipset manufacturers. The company's common shares trade on The Toronto Stock Exchange under the trading symbol "CSY", with approximately 33 million outstanding. For more information about CSI Wireless, go to http://www.csi-wireless.com/. The above disclosure contains certain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond CSI Wireless's control, including: the impact of general economic conditions, industry conditions, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to the announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. CSI Wireless's actual results, performance or achievement could differ materially from those expressed in, or implied by these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceed, that CSI Wireless will derive therefrom. CSI Wireless Inc. CONTACT: Stephen Verhoeff, President & CEO, CSI Wireless Inc.,(403) 259-3311, [email protected]; Corbet Pala, InvestorRelations, E-vestor Communications Inc., (416) 657-2400,[email protected]; Jeff Adams, Public Relations Manager, CSI WirelessInc., (403) 259-3311, 615-8747 (cell), [email protected]; ChrisTarpley, Vice-President, Marketing & Sales, DICKEY-john Corporation,(217) 438-2314, [email protected] [ Back To TMCnet.com's Homepage ]