GPS Industries launches into opportunities outside the golf industry
Leisurecorp extends commitment to GPS Industries through additional scope of
works agreement
The contract with GPSI is to deliver four separate and distinct solutions
to Jumeirah Golf Estates in
A utilities management application, InFOREmeter, will monitor, record and bill residents for the amount of water used to irrigate their personal green spaces. The system will include individual wireless water meters at each residence.
An asset tracking solution, InFOREtrak -- The Asset Tracking System, will include both vehicle-mounted and portable asset tags. These tags will use the GPS satellite tracking system to determine the location of homeowners' assets as they move around the community.
An amenities management system will offer solutions in two phases. The first phase will allow residents and guests to perform a series of online activities. The second stage will allow vendors or third parties a portal enabling them to present products online to Jumeirah Golf Estates residents and guests.
Finally, the eCommunity Management system will manage and control access to these applications. Development and delivery of these solutions is expected to occur over the next eight to 12 months.
Through the company's major projects team, the expansion of the Jumeirah Golf Estates contract continues to diversify GPSI beyond the golf industry as a provider of Wi-Fi technology solutions.
Leisurecorp, the owner of the Jumeirah Golf Estates, is a significant investor and related party to GPSI.
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 new revenue streams. The Company's Inforemer(R) Management Solutions product line provides integrated software applications and high-resolution cart mounted display panels that vividly illustrate each hole, providing precise distance measurement information, strategic playing tips and targeted advertising messages to the golfer while enabling the course with state-of-the-art management capabilities such as cart tracking, food and beverage service, and tournament sponsorships. The patented system is seamlessly connected via a high-speed Wi-Fi network that enables the entire facility into a wireless hot spot. GPSI now has an installed base of over 320 active course installations worldwide. For additional information, please visit http://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.
SOURCE GPS Industries, Inc.
