ParView, Inc. secures international GPS patent

ParView, Inc. secures international GPS patent

SARASOTA, Fla., Jan. 23 - ParView, Inc., the provider of golf cart installed Global Positioning Systems (GPS), has secured an exclusive international patent license agreement with PagiSat, LLC, based in Tulsa, OK, and Pinranger of Australia, for the rights to all international golf industry- related GPS applications.

"This is a significant step for ParView," says David Chessler, CEO of ParView. "Before finalizing this exclusive license agreement, we sought legal counsel from leading law firms specializing in international patents. This patent is extremely strong, giving ParView exclusivity to utilizing GPS or DGPS on a golf course. We intend to take every action necessary to protect the integrity of the patent. Securing this patent will offer our company and our strategic partners a unique opportunity for growth and international expansion in both hand-held and cart-mounted systems."

"We are delighted to enter into a relationship with ParView, Inc. ParView has by far the best system on the market. We expect our partnership to quickly dominate the international market for GPS distance measurement," says Jim McGill, Managing Director of PagiSat, LLC.

Under the terms of the agreement, ParView will continue to promote its cart-mounted GPS Course Management System and pursue other integrated GPS solutions for walking golfers, turf care equipment and irrigation systems.

Founded in 1994, ParView, Inc. is a privately owned company based in Sarasota, FL. ParView was named in Digital South as "One of the top 50 companies to watch" and its founder, David Chessler, was awarded the 1998 Young Entrepreneur for the state of Florida by the Small Business Administration. In July of 2000, Chessler was awarded the prestigious Ernst & Young Technology Entrepreneur of the Year for the state of Florida. In 2000, the Committee for The Economic Development, a division of the Sarasota County Chamber of Commerce, named ParView the Technology Company of the Year.

ParView was recently recognized as the 16th fastest growing company in the state of Florida by The University of Florida. ParView also earned BoardRoom Magazine's 1999 Excellence Award for Advertising, Marketing, and Promotions. To find out more visit http://www.parview.com .