Scottsdale, AZ – Hemisphere GPS announces the launch of its new Earthworks Business Unit that designs and manufactures products for the construction market. The Earthworks product line is focused on machine guidance and control of earth-moving machinery. Hemisphere GPS has adapted its proven technology and applications currently used in agriculture, aerial application, marine and survey markets to meet the needs of the construction industry.
growing innovation company, we’re always looking to leverage related vertical
markets that are a natural fit for our technology and business,” says Steven Koles, President and CEO of Hemisphere GPS.
“There is great potential in the construction market for our new Earthworks
business segment through use of our machine guidance and control technologies.”
Formally available today, the Earthworks X200 excavator machine guidance system
is Hemisphere GPS’ first construction solution targeted at improving operator
accuracy, simplifying machine operations and reducing the amount of excavation rework.
Utilizing Hemisphere GPS’ exclusive Crescent Vector GPS sensor and
other precision sensors, the X200 guides the operator with a graphical and
numeric display of the excavator bucket relative to the desired grade.
“Hemisphere GPS’ Earthworks business is targeted at building products for
the small to mid-size construction contractors who want to improve their
profitability, productivity and safety of operations,” says John Bohlke, General Manager of Earthworks of Hemisphere
GPS. “Our current Earthworks X200 system and future products under development
are based on task-oriented solutions that give contractors a quick return on
Hemisphere GPS’ Earthworks X200 excavator machine guidance system is
designed for easy installation and can be used by operators of all skill
levels. By using X200, excavator contractors can significantly reduce their
input costs and ultimately become more competitive in bidding on new contracts.
engaged two Hemisphere GPS X200 systems during Fall 2009 and we have proven
them to increase productivity and impact the bottom line by more than 25%, even
on smaller jobs,” said Doug Pratt, President of Prattco Excavating Ltd. “The
X200 proved rugged enough to operate continuously through -30ºC conditions. It will build confidence, safety and enthusiasm
amongst our operators. My company's future includes Hemisphere GPS Earthworks
Finally, in support of the Earthworks business segment, Hemisphere GPS and
Prolec Ltd. have agreed to a strategic alliance. Prolec Ltd. is a leader in machine guidance, safety
and on-board weighing technology for the construction, road and rail industries. The two companies are collaborating on
integrated systems incorporating their respective technologies.
GPS is in the process of signing Earthworks distribution agreements in the US and Canada and is currently seeking more
product dealers. The company also plans
to expand its Earthworks product portfolio by offering complementary excavator
and blade solutions throughout 2010. For more information on Hemisphere GPS’
Earthworks business and Earthworks X200, please visitwww.hemispheregps.com.
GPS designs and manufactures innovative, cost-effective GPS products for
positioning, guidance, and machine control applications in agriculture, marine,
construction and other markets. The Company holds numerous patents and other
intellectual property and owns leading brand names including Outback Guidance in precision agriculture. The Company is headquartered in Calgary,
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. This year
marks the Company’s 20th anniversary of providing innovative GPS
technology and product solutions to customers worldwide. 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.
Hemisphere GPS Launches Earthworks Business Unit
March 25, 2010