Hemisphere GPS Cuts Ribbon on New Distribution Center in Hiawatha, KS
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Hiawatha, KS - May 24, 2007 (TSX: HEM) Hemisphere GPS, a designer and manufacturer of advanced GPS products, is pleased to announce the official opening of its new 40,000 square foot Ground Agriculture distribution center in Hiawatha, KS. Located in the heartland of America, this state-of-the-art facility provides product assembly, repair, and distribution functions for all of Hemisphere GPS' Ground Agriculture operations worldwide.
"The opening of Hemisphere GPS' new distribution center symbolizes our continued commitment to deliver cutting edge precision GPS technology to the agricultural industry, here in North America and around the world," said Steven Koles, President and CEO of Hemisphere GPS. "Our new facility will expand our presence and profile here in Kansas, and in the agricultural market as a whole."
Hemisphere GPS designs and manufactures precision ground agriculture products for a variety of farming operations and applications. Hemisphere GPS' patented GPS solutions help farmers minimize costs and maximize yields. With products featuring high accuracy GPS guidance and automated steering, farmers can run their farming operations with unprecedented precision and control, and in turn containing costs and increasing productivity. Data logging and analysis software tracks important application data to help farmers monitor and manage their business information.
Hemisphere GPS' ground agriculture products are sold under the Outback and Crescent brands, among others. They also serve as a major supplier to a variety of OEM and integrator customers.
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's head office is in Calgary, Alberta, and it has major product development and 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 more information, please contact:
Jeff Farrar
Ground Agriculture 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
Suzanne Auger
Marketing Coordinator
HEMISPHERE GPS
4110 - 9th Street SE
Calgary, Alberta T2G 3C4
(403) 640-6720 ext. 270
sauger@hemispheregps.com
