DECATUR, IL, Aug. 28 /CNW/ - (TSX: HEM) Today, Hemisphere GPS introduced
Outback S-Lite(TM) from the Farm Progress Show in Decatur, Illinois. As the
entry-level product of its popular Outback brand, S-Lite is a low-cost,
portable, entry-level GPS guidance solution for non-precision spraying,
spreading, and broad-acre tillage and seeding.
Offering many of the same features as its popular Outback S(TM) series
products, Outback S-Lite includes Straight Guidance, Contour Guidance, and
Return to Point. It can eliminate the need for a foam marker and is expandable
to work with Outback AutoMate(TM), which monitors and controls individual
sprayer sections to minimize overlaps and skips. It is SBAS (WAAS, EGNOS,
etc.) enabled and includes Hemisphere GPS's e-Dif(R) solution so it does not
require any additional costly GPS subscription services. At the heart of
Outback S-Lite is Hemisphere GPS' Crescent(R) GPS receiver technology,
providing accurate and robust GPS reception.
"As the costs associated with the agricultural industry continue to rise,
the marketplace has been demanding ways to offset those increases," said
Steven Koles, President and CEO of Hemisphere GPS. "Utilizing GPS guidance
tools like Outback S-Lite generates valuable cost saving, and offers a very
quick return on investment, for the large segment of farmers globally whom
require an entry level GPS offering for their precision agriculture needs."
Hemisphere GPS will begin shipping Outback S-Lite in November 2007. With a
manufacturer suggested retail price of only $995, it comes with a 1-year
standard manufacturer's warranty. It will be available through Outback
Guidance Centers, other distributors in North America, and through select
Hemisphere GPS distributors worldwide.
Please visit Hemisphere GPS at the Varied Industries Tent at the Farm
Progress Show, today through August 30th in Decatur, Illinois. The latest
Outback Guidance products will be on display, and information will be
available on products that are soon to be released.
About Hemisphere GPS
Hemisphere GPS (formerly CSI Wireless Inc.), designs and manufactures
innovative, cost-effective GPS products for positioning, guidance, and machine
control applications in agriculture, marine and other markets. The Company
owns leading brand names, numerous patents, and other intellectual property.
The Company is headquartered in Calgary, Alberta, with major product
development, sales, and marketing facilities in Arizona, Kansas, and Texas.
For more information about Hemisphere GPS go to www.hemispheregps.com.
The above disclosure contains certain forward-looking statements that
involve substantial known and unknown risks and uncertainties. These
forward-looking statements are subject to numerous risks and uncertainties,
certain of which are beyond Hemisphere GPS' control, including: the impact of
general economic conditions, industry conditions, increased competition, the
lack of availability of qualified personnel or management, fluctuations in
foreign exchange or interest rates, stock market volatility and market
valuations of companies with respect to the announced transactions and the
final valuations thereof, and obtaining required approvals of regulatory
authorities. Hemisphere GPS' actual results, performance or achievement could
differ materially from those expressed in, or implied by these forward-looking
statements and, accordingly, no assurances can be given that any of the events
anticipated by the forward-looking statements will transpire or occur, or if
any of them do so, what benefits, including the amount of proceed, that
Hemisphere GPS will derive there from.
For further information:
For further information: Jeff Farrar, Ground Ag Marketing Manager,
Hemisphere GPS, Phone: (785) 742-5131, E-mail : JFarrar@hemispheregps.com,
www.hemispheregps.com; Cory Pala, Investor Relations, E.vestor Communications
Inc., (416) 657-2400, CPala@evestor.com