DALLAS, Dec. 20, 2004 (PRIMEZONE) -- TalkingStocks.com has released a profile report on GPS Industries (OTCBB:GPSN), a leading innovator of wireless multimedia and management systems for golf facilities and residential communities. The report, authored by Senior Investment Analyst, Jeff Bishop, discusses the company's flagship product, the Inforemer(tm) which incorporates both Wi-Fi and GPS technologies to deliver a wide range of multimedia and management programs in a unique portable device. The key features of this device include: streamed internet content, food and beverage purchase, 2-way player communication, distance to pin information, real-time leaders and scores, and a wide variety of course management solutions-all available wirelessly from the mobile unit. Mr. Bishop also discusses the company's future growth prospects, patents, and its strategic alliance with golfing great Greg Norman's Great White Shark Enterprises. This alliance provides GPS Industries with $3 million of financial backing, as well as the name recognition of one of golf's most famous personalities.
The report also discusses the firm's recent expansion into Europe, notably into Spain at the 5-star Abama Golf Resort.
To view this report in its entirety please visit TalkingStocks.com or at the address below:
http://talkingstocks.com/reports/GPSN_122004.php
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's Board of Directors includes legendary golfer and businessman Greg Norman. For additional information on GPSI and its solutions, please visit www.gpsindustries.com.
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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.
Disclosure:
As of the date of this release, TalkingStocks.com, LLC, and its affiliate Pentony Enterprises, LLC (StockGuru.com), have been compensated $3,000 by GPS Industries. Neither TalkingStocks.com, LLC, nor Pentony Enterprises, LLC, are registered investment advisers or broker/dealers. TalkingStocks.com, LLC and Pentony Enterprises, LLC makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable.