GPS Industries Inc.

• Public

Dow Jones Description

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.

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