MISSISSAUGA, Ga., Dec. 16, 2004 (PRIMEZONE) -- AllPennyStocks.com announces its latest article by Glenn Wilkins, an AllPennyStocks.com News Reporter, this one discussing GPS Industries, Inc. (OTCBB:GPSN), its industry and future prospects.
Wilkins notes that golf has gone GPS and multimedia with an innovative solution known as the Inforemer(r), a proprietary combination of global positioning system (GPS) technology, innovative facilities management and customer-service software and broadband Wi-Fi wireless technology
The company responsible is Vancouver-based GPS Industries (OTCBB:GPSN), which caters to a golf industry that is already huge and still booming. Taking in an estimated $38 billion annually (all figures in U.S. dollars unless specified otherwise), golf is still the world's fastest growing sports-recreational market. GPSI aims to attract not only the well-heeled Tiger and Vijay wannabes, but the folks who run the courses on which they play.
Wilkins notes that like other outfits that start out small, GPS has relied on partnerships to help it grow. Hook-ups with CBS Sportsline and golf legend Greg Norman helped strengthen GPS' technological ties. Instant credibility resulted in early December 2004 from a $3-Million cash infusion by Norman's Great White Shark Enterprises.
The full version of this special report on GPS Industries, Inc. can be found at: http://www.allpennystocks.com/apsc/us/article/gpsn_december_16_2004.htm
About AllPennyStocks.com:
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly stocks to watch, has a weekly market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTC BB, and much more information for the average investor.
Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on GPS Industries, Inc. (OTCBB:GPSN); this creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/apsc/us/stock_profiles/gpsn.htm.