GPS Industries Partners with FatPort to Bring the Wireless World to Golf.Business Editors/High-Tech Writers VANCOUVER, British Columbia--(BUSINESS WIRE)--March 1, 2004 GPS Industries Creates Large Wi-Fi Hotspots on Golf Courses, Residential Golf Course Communities and Golf Resorts with the Help of a Major Wi-Fi Supplier GPS Industries Inc. (GPSI GPSI Graphics Processor Software Interface GPSI Global Positioning System Inertial GPSI Generic Pharmaceutical Services, Inc. (Hauppauge, NY) GPSI Group Policy Software Installation GPSI General Purpose Serial Interface ), (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:GPSN)(Germany: Berlin and Frankfurt WKN WKN Wertpapier-Kenn-Nummer (identifying number assigned to securities traded in Germany) WKN Warrior Knowledge Network (US Army) #:252179), a leading developer and provider of global positioning (GPS) golf course and sports solutions, announced a partnership with FatPort Corporation, Canada's largest wireless Internet service provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , to introduce Wi-Fi Hotspots to golf courses, golf course residential communities and golf resorts worldwide. The companies will leverage GPSI's existing high-speed wireless network, available through its Inforemer(R) GPS-based golf management system, with FatPort's modular Internet access See how to access the Internet. gateways. The integrated product will provide secure subscriber authentication and provisioning, secure payment methods and processing, account management, and customer service for GPSI's Wi-Fi InforeZone(TM) service, creating a completely new and substantial revenue stream for golf courses. The companies will also collaborate on new voice-over IP and wireless applications that can be bundled and offered to the golf industry in conjunction with the InforeZone service. "GPS Industries is a very strong business partner uniquely positioned in a vertical market that FatPort would have had difficulty entering," stated Michael Kuhlmann, FatPort's VP of Business Development, while speaking at the Wi-Fi Power 2004 Conference in Toronto, Canada. "Their distinctive product line, corporate vision and international approach are sure to create a formidable impact in premier golf course locations and resorts worldwide." "This is an exceptional fit," commented Blake Ponuick, Vice President of Sales and Marketing for GPSI Industries. "Our Inforemer system creates an instant, fully-featured wireless network on the golf course. By simply extending the coverage beyond the borders of the golf course and seamlessly integrating FatPort's technology, we are able to provide complete golf communities and large-scale resorts with high-speed wireless Internet service." 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 wireless technology, differential global positioning location-based services See mobile positioning. , Internet protocols Refers to all the standards that keep the Internet running. The foundation protocol is TCP/IP, which provides the basic communications mechanism as well as ways to copy files (FTP) and send e-mail (SMTP). , 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 Noun 1. Greg Norman - Australian golfer (born in 1955) Gregory John Norman, Norman . Additional information can be obtained from the company's web site: www.gpsindustries.com About FatPort FatPort is Canada's most extensive wireless Internet service provider (WISP) and provider of Wi-Fi (802.11b) turnkey solutions. FatPort's custom-built FatPoint wireless access point enables location owners to quickly establish a commercial FatZone. In each FatZone, anyone with a wireless-enabled laptop or PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). may access the Internet at speeds many times faster than cellular networks. FatPort is now offering Voice over IP through its newly formed division mobitus. FatPort is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Ignition Point Technologies Corporation (TSX-VENTURE:IPN IPN Instant Payment Notification (PayPal) IPN Instituto Politecnico Nacional (México) IPN Infectious Pancreatic Necrosis IPN Interplanetary Internet (JPL) ). (www.fatport.com). Forward-Looking Statements This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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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