VANCOUVER, British Columbia, April 24 /PRNewswire/ --
GPS Industries, Inc. (GPSI) (OTC Bulletin Board: GPSN), the only provider of Wi-Fi powered, advertising enhanced GPS systems for golf facilities, resorts and residential communities and owner of golf-related GPS technology patents in 15 countries announced that it licensed its golf related GPS technology patent portfolio to Karrier Communications.
The license settles Karrier Communications involvement in a major patent infringement lawsuit brought by GPS Industries in Dallas federal district court. The License Agreement covers all jurisdictions in which GPS Industries holds patents, including U.S. Patent No. 5,364,093.