Calgary, AB — July 17, 2008 — (TSX: HEM) Hemisphere GPS introduced today the LV100™ GPS Compass Board, the latest addition to its innovative precise heading and positioning product line. The LV100 is a complete GPS compass and positioning assembly utilizing a unique design featuring a single carrier board with integrated GPS antennas, designed for easy integration by OEM customers.
“Our LV100 GPS Compass Board is the first all-in-one product of its kind, and is an industry first,” said Steven Koles, Hemisphere GPS President and CEO. “The smart, compact design coupled with superb, reliable performance will make the LV100 stand out in the marketplace.”
Based on the company’s patented Crescent® Vector™ technology, the LV100 integrates two GPS antennas, an NMEA 2000 communication processor, a single axis gyro, a tilt sensor, and a power supply into a single system. The dual integrated antennas provide both heading and position data, and the gyro and tilt sensor improve system performance and provide backup heading information, if the GPS-based heading is ever lost. The Crescent technology provides highly accurate code phase management and outstanding multipath mitigation resulting in excellent accuracy and stability.
The LV100 GPS Compass Board is ideal for a wide array of applications, especially in the marine, machine control and precision agriculture markets. An alternative to traditional gyro and fluxgate compass sensors, it provides precise positioning and speed measurements while being immune to magnetic interference typically present on vessels. The LV100 costs less than marine gyros and unlike other sensors, requires no maintenance or calibration. The LV100 includes Hemisphere GPS COAST™ technology. As a result, the LV100 is less affected by blocked or weak differential GPS (DGPS) signals, or other signal interference, because COAST can utilize older DGPS correction data for up to 40 minutes without significantly affecting the positioning quality.
With the unique design and high performance of the LV100 GPS Compass Board, Hemisphere GPS continues to be a leading innovator and developer of advanced GPS products.
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® and BEELINE®, 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. For more information about Hemisphere GPS, please 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.