SOURCE: GPS Industries, Inc.

January 24, 2006 06:30 ET

GPS Industries Announces Speakers' Schedule at the 2006 PGA Merchandise Show

VANCOUVER, BC -- (MARKET WIRE) -- January 24, 2006 -- GPS Industries Inc. (OTC BB: GPSN), a leading innovator of Wi-Fi and GPS-enabled multimedia communications and management solutions for golf facilities, resorts, sporting events and residential communities announced today their schedule of speakers for the golf industry's largest business event, the 2006 PGA Merchandise Show, January 26-29, at the Orange County Convention Center in Orlando, Florida.

GPS Industries will be located in the Golf Products & Services section of the Show floor, in booth #7206. Greg Norman, Chairman and CEO of Great White Shark Enterprises will be speaking on Thursday January 26, 2006, at 1:45 pm.

Tony Bartletta, the General Manager of the Blue Ridge Trail Golf Club in Pennsylvania, who has personally overseen the installation and advertising benefits of the "Inforemer" at his course, will be speaking at the booth daily at 11:00 am to discuss "Turning Advertising into Dollars." Don Adamson, GPS Industries' Director of Golf Development will also be speaking daily, at 1:00pm. He will discuss "Turning Your Tournament Software into a Revenue Magnet." Finally, speaking daily at 3:00pm will be Peter Lesyk, the company's Vice President of Wireless Solutions. He will discuss "Driving More Revenue & Cost Saving For Your Business -- Leveraging Your Existing Wi-Fi Investment."

GPSI cordially invites all show attendees to drop by the booth and meet GPS Industries international team of sales agents.

Comments GPS Industries CEO and President Robert Silzer, Sr.: "We have a great line up of speakers for the 2006 PGA Show, and we encourage anyone interested in adding the lowest risk and highest reward GPS product to their course to stop by our booth and hear what we have to say. Our Wi-Fi enhancements really set our product apart from the competition, and once you've seen what we can do you will agree we are head and shoulders above the competition. We look forward to seeing you at the PGA Show in Orlando."

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™ 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. For additional information on GPSI and its solutions, please visit www.gpsindustries.com.

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.

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