GPS Industries Inc. (GPSI) (OTCBB: GPSN), the leading innovator of Wi-Fi enabled GPS communications for golf facilities and residential communities, is pleased to announce that Tustin Ranch has installed their comprehensive INFOREMER(TM) Golf Management System. The installation includes a combination of GPSI's 10.4-inch cart-mounted display screens and fully portable hand-held units, all delivering vivid full-color renderings of each hole along with strategic playing tips and advertising messages. Satelinx's (OTC: SLXI) Board of Directors yesterday approved the formal agreement in principle between CQIP and Satelinx whereby CQIP has agreed to invest into Satelinx through a combination of transfer of assets and funding. The completed transaction will bring into Satelinx assets of over 100 million U.S. and 25 million U.S. in cash. In exchange CQIP will receive shares of Satelinx representing 51% of the total issued and outstanding shares of Satelinx at the time of the closing. The agreement still requires shareholder approval and the approval of the CQIP. Closing is expected to take place by June 01, 2006. To view the full report for SLXI visit www.stocksjournal.com
Trimble (Nasdaq: TRMB) announced today that it has supplied 271 GeoXT(TM) rugged GPS handheld receivers, part of the GeoExplorer(R) series, to Poland's Plant Health and Seed Inspection Services (PHSIS), a national government agency. This purchase follows an earlier sale of 156 GeoExplorer units to Poland's agency for Restructuring and Modernization of Agriculture in early 2005. i2 Technologies Inc., a maker of supply chain management software, said Thursday it swung to a profit in the first quarter despite lower revenue. i2 (Nasdaq: ITWO) posted earnings of $2.4 million, or 7 cents per share, compared to a loss of $24.5 million, or $1.36 per share, a year earlier. Revenue fell 22 percent to $64 million from $81.9 million, in the absence of a one-time customer settlement and contract revenue that boosted last year's quarterly results. Adjusted for special items, i2 said it would have earned 21 cents per share in the quarter, behind the analyst consensus estimate of 23 cents, according to Thomson Financial.