GPS Industries Inc. (GPSN.OB) develops and markets GPS and Wi-Fi wireless multimedia solutions to the $38 billion worldwide golf market. The company’s solutions enable managers of golf facilities, resorts, sporting events and residential communities worldwide to generate significant new revenue streams and improve operational facilities. GPS Industries now has an installed base of over 320 active golf-course installations worldwide.

GPS Industries has been looking to expand their business beyond the golf business. On June 27,2008, the company announced a $4.9 million expansion of the contract GPS already had with Leisurecorp LLC. Leisrecorp is part of Dubai World, the huge finance and holding company based in Dubai. In 2007, Leisurecorp invested $10 million into GPS Industries, becoming the largest shareholder in the company.

The extended contract that GPS now has with Leisurecorp involves Leisurecorp’s Jumeirah Golf Estates located in Dubai. The solutions provided for Jumeirah by GPS through the company’s products include: monitoring

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