GPS Industries, Inc. owner of numerous golf-related GPS (Global Positioning System) technology patents, has released a follow-up statement regarding the patent infringement suit filed by the Company against: Altex Corporation; DECA International Corp.; GolfLogix, Inc.; GPS Golf Pro, LLC; GPS Technologies, Inc.; Intelligolf LLC; L1 Technologies, Inc.; Links Point, Inc.; SkyHawke Technologies, Inc.; and Tee2Green Technologies, Pty Ltd.
“Since the announcement that GPS Industries filed a patent infringement suit in Dallas, Texas Federal District Court on May 11, 2007, the Company has been contacted by many golf industry analysts, publications and business media personnel, all seeking further details. GPS Industries has prepared this further statement in response to those inquiries.
“As part of our considerable investment in golf-related technology, we have established the most robust and sophisticated suite of management solutions in the industry and a significant, litigation-tested intellectual property portfolio. Included in this valuable portfolio are patents that relate to distance measurement on golf courses in fourteen countries.
“The acquisition of these patents required a major financial commitment on the part of GPS Industries, Inc. It is because of obligations to our shareholders and licensees-in-good-standing that we determined to take legal action. We are now in litigation and will thus have no further comment until a resolution is reached.
GPS Industries www.gpsindustries.com
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