GPS Industries, Inc. ("GPSI" or the "Company") was incorporated on December 12, 1995 as Diversified Marketing Services, Inc. It changed its name to Inforetech Wireless Technology, Inc. on December 6, 1999 and again on September 30, 2003 to GPS Industries, Inc. The Company has been publicly traded since January 2000 on the OTC.BB under the symbol IWTI and after its latest name change under the symbol GPSN. GPSI develops and markets global positioning satellite ("GPS") and Wi-Fi wireless multimedia solutions to golf facilities worldwide. The Company's unique and patented Inforemer(TM) product line provides a complete Wi-Fi GPS golf business solution, combining a backend management information system and revenue generating modules with mobile color handheld and cart-mounted Differential GPS units, seamlessly connected via a wireless, high-speed Wi-Fi network.
GPSI's current target market is the golf industry with the goal to be one of the premier supplier of GPS and Wi-Fi business solutions. Management believes that GPSI's technology is well suited to recreational activities outside of golf and, subject to available working capital, the Company plans to expand its offering to other recreational industries in the future.
GPSI's Inforemer suite of products provides golf facility managers with a total business solution, helping the facilities drive profit and become more competitive. Inforemer enables managers to run their businesses more efficiently with a wireless Virtual Private Network (VPN), wireless security camera applications and data management and reporting capabilities. Facilities can generate more revenue with advertising, wireless internet access, tournament and point-of-purchase applications. The mobile handheld or cart-mounted GPS units help attract and retain customers by delivering a better golf experience on the course or at the learning center with precise distance measurements, detailed color course maps, media streaming of real-time sports scores and news headlines, food and beverage ordering, electronic scoring, tournament play and emergency communication to the clubhouse.
GPSI offers the broadest product line in the industry, including both handheld and cart-mounted GPS units and offers golf facilities to mix and match any combination of these units to best suit their needs. GPSI was the first company to develop a handheld and a color handheld GPS unit, and remains the only company to mount their cart units ergonomically to the steering column instead of on the cart roof.
GPSI's current target market is the golf industry with the goal to be one of the premier supplier of GPS and Wi-Fi business solutions. Management believes that GPSI's technology is well suited to recreational activities outside of golf and, subject to available working capital, the Company plans to expand its offering to other recreational industries in the future.
GPSI's Inforemer suite of products provides golf facility managers with a total business solution, helping the facilities drive profit and become more competitive. Inforemer enables managers to run their businesses more efficiently with a wireless Virtual Private Network (VPN), wireless security camera applications and data management and reporting capabilities. Facilities can generate more revenue with advertising, wireless internet access, tournament and point-of-purchase applications. The mobile handheld or cart-mounted GPS units help attract and retain customers by delivering a better golf experience on the course or at the learning center with precise distance measurements, detailed color course maps, media streaming of real-time sports scores and news headlines, food and beverage ordering, electronic scoring, tournament play and emergency communication to the clubhouse.
GPSI offers the broadest product line in the industry, including both handheld and cart-mounted GPS units and offers golf facilities to mix and match any combination of these units to best suit their needs. GPSI was the first company to develop a handheld and a color handheld GPS unit, and remains the only company to mount their cart units ergonomically to the steering column instead of on the cart roof.
