SARASOTA, Fla., July 7, 2005 (PRIMEZONE) -- GPS Industries, Inc. (GPSI) (OTCBB:GPSN); (Frankfurt WKN#:252179), a leading innovator of Wi-Fi wireless and GPS-enabled multimedia communications and management solutions for golf facilities and residential communities, announces that four courses in France; Paris International Golf Club, Makila Golf Club, Hotel Golf de Seignosse and Golf de Sainte Maxime have been installed with the Inforemer(tm) Wi-Fi GPS Golf Business Solution.
GPSI is strategically positioned in Europe, the world's second largest golf market with its recent opening of a European office, signing of a local distributor, GEPSCO, and the acquisition of the patents for GPS golf solutions in 11 European countries, has allowed GPSI to move with installations at a rapid pace. France is the second largest golf market in Europe with more than 500 golf facilities and Europe's fastest growing golf market.
"We've only recently entered the European market and are extremely pleased by the rapid adoption rate of our solutions in France and throughout Europe," comments Bob Silzer, President and CEO of GPSI. "This momentum will continue both in France and across the continent as GPSI is not only well positioned strategically, but our Inforemer solution is ideally suited to European golf facilities with multiple language capabilities, and distance displays in both yards and meters."
All three courses have installed the full Inforemer management system Wi-Fi network and equip their golf cart fleets with 10.4" color GPS units. The Makila Golf Club, located near Biarritz has installed the Inforemer 5.5" GPS portable units. These installations were arranged in collaboration with GPSI distributor, GEPSCO, and Europe's largest golf cart provider and lease finance company, Mox.
About GPS Industries, Inc.
GPS Industries, Inc. (GPSI) develops and markets GPS and Wi-Fi wireless multimedia solutions to enable managers of golf facilities, resorts, sporting events, and residential communities worldwide to generate significant new revenue streams and improve operational efficiencies. The company's unique and patented Inforemer(tm) product line provides a complete GPS golf business solution, combining a powerful backend management information system and revenue generating modules with mobile color handheld or cart-mounted Differential GPS units, seamlessly connected via a wireless, high-speed Wi-Fi network. GPSI owns the GPS golf patents for all major golf markets worldwide, including North America, Australia, Japan and 11 European nations. Legendary golfer Greg Norman is a member of GPSI's Board. For additional information on GPSI and its solutions, please visit 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.