Calgary, Alberta — February 7, 2011 — (TSX: HEM) Today, Hemisphere GPS announced the release of two very compact GPS compass products; the V102™ all-in-one and the H102™ OEM module. These products are ideal where heading and positioning are needed for marine and land-based applications such as yacht navigation, auto-pilot and machine guidance for earthmoving machinery. V102 is the market’s smallest, single-enclosure GPS compass and positioning system, while the H102 OEM board, found in the V102, is the market’s smallest fullyintegrated single board GPS compass that provides a low-cost yet highly accurate solution for integrators.
Based on Hemisphere GPS’ successful Crescent Vector II technology, V102 and H102 provide 0.75 degree heading accuracy while supporting the NMEA 0183 communications format. In addition, H102 supports the NMEA 2000 standardized data communication bus. The stable and maintenance-free design of V102 provides robus GPS positioning and heading and its small size allows users to easily mount the unit and get up and running quickly. Both V102 and H102 include the Crescent Vector II GPS receiver, two GPS antennas, a single axis gyro,and two tilt sensors providing pitch, roll and heave measurements all on a single board to provide precise heading and better than sub-meter position accuracy even while stationary.
“The addition of V102 and H102 expands our GPS compass product lineup to meet new lower price points making our patented technology accessible for nearly every situation,“ says Phil Gabriel, VP and General Manager, Precision Products, for Hemisphere GPS. “Both marine and land-based users now have a very accurate yet low-cost GPS compass option.”
V102 and H102 offer excellent in-band and out-of-band interference rejection and a fast time to first fix. Plus, with Hemisphere GPS’ patented COAST™ technology, both products maintain differentially-corrected positions for upto 40 minutes after loss of signal.
V102 and the H102 OEM board will be available starting in March 2011 through the Hemisphere GPS Precision Products global dealer network.
Hemisphere GPS designs and manufactures innovative, cost-effective GPS (GNSS) products for positioning, guidance, and machine control applications in agriculture, marine, construction, and other markets. The Company holds numerous patent and other intellectual property and owns several leading brand names, including Outback Guidance®, a leading brand in precision GPS for agriculture. The Company is headquartered in Calgary, Alberta, with major product development, sales, and marketing facilities in Arizona, Kansas, and Australia. Hemisphere GPS is listed on the Toronto Stock Exchange (TSX) trading under the symbol “HEM” and is one of the TSX Cleantech designated companies. 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 ormanagement, 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’ actualresults, 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.