Hemisphere GPS wins ASTech Leadership Foundation Award and 2008 Innovation Award for New Technology

    CALGARY, Oct. 27 /CNW/ - (TSX:HEM) At a gala awards presentation on
October 24th, Hemisphere GPS was announced winner of the Alberta Science and
Technology (ASTech) Leadership Foundation Award for its outstanding commercial
achievement in science and technology in the businesses over $25 million
category. The ASTech Awards are among the highest honors available to
individuals and organizations whose outstanding work has had an impact on
science, technology, business, medicine, the environment and the lives of
people in Alberta and worldwide.
    "To receive this type of recognition is icing on the cake for all of us,"
says Steven Koles, President and CEO of Hemisphere GPS. "The company's
performance and growth over the past few years are due to our team of
hard-working individuals who have striven for achievement in product
innovation and development. This is a tremendous honor for us."
    Earlier this month, Hemisphere GPS was also recognized by the Canadian
Manufacturers and Exporters and the National Research Council of Canada for
its innovative Crescent(R) GPS Technology. On October 16th, Hemisphere GPS was
announced winner of the 2008 Innovation Award for New Technology for Western
    The 2008 Innovation Award recognizes innovative excellence in the
development, adoption and application of new technology in processes or
products by Canadian manufacturers and exporters. Hemisphere GPS' Crescent(R)
technology is a leading L1 GPS technology known for its superior accuracy and
robustness with exclusive patented techniques. Hemisphere GPS has shipped over
100,000 GPS receivers with the Crescent(R) technology into a multitude of
precision positioning, navigation and machine control applications.

    About Hemisphere GPS

    Hemisphere GPS designs and manufactures innovative, cost-effective GPS
products for positioning, guidance, and machine control applications in
agriculture, marine and other markets. The Company holds numerous patents and
other intellectual property and owns leading brand names, including Outback
Guidance(R) and BEELINE(R), two of the leading brands in precision GPS for
ground agriculture. The Company is headquartered in Calgary, Alberta, with
major product development, sales, and marketing facilities in Arizona, Kansas,
Texas, and Australia. Hemisphere GPS trades on the Toronto Stock Exchange
under the symbol "HEM" and is a component of Standard & Poor's TSX SmallCap
Index. For more information about Hemisphere GPS, please go to

    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: Cheyenne Steffen, Public Relations Manager,
Hemisphere GPS, Phone: (403) 214-6128, E-mail: csteffen@hemispheregps.com,

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