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WirelessDevNet.com Press Release
CSI Wireless Awarded Three Additional Patents
CALGARY, Alberta - Nov. 20, 2003 - (TSX:CSY): CSI Wireless Inc., a designer and
manufacturer of advanced wireless and GPS products that are used in more than
40 countries, today announced it has been awarded three more patents -
bringing CSI Wireless' total number of patents to nine, with an additional 12
patents pending.
"Our growing inventory of patented technologies, and the benefits they
offer our customers, are a direct result of the very focused and results-
oriented investment in research and development that we continue to make each
year," said Stephen Verhoeff, CSI Wireless' President and CEO.
"Our R&D investment has enabled CSI to stay ahead of its competitors, and
to become a dominant force in several global GPS and wireless niche markets,"
Mr. Verhoeff added. "It is a key reason why we are consistently recognized as
one of the fastest-growing high-tech companies in North America, with
significant improvements in profitability."
The patents awarded to CSI Wireless recently by the U.S. Patent Office
include:
- GPS technology that enables agricultural guidance systems to define a
tractor's desired path while also monitoring its current path, so when
the tractor occasionally strays from its desired path, the system
provides correction signals so the driver can quickly return the
tractor to the desired path without over-compensating.
- GPS technology that enables GPS receivers to achieve greater accuracy
by supplementing, in a unique way, the normal signals they receive
from GPS satellites with additional signals from non-GPS satellites
that are part of space-based augmentation systems such as North
America's WAAS. CSI's innovative technology enables GPS receivers to
achieve centimeter-level accuracy and access both types of signals by
employing the GPS and WAAS satellites' "carrier phase."
- Wireless technology that enables analog or AMPS modems to synchronize
their internal clocks much more quickly, to enable faster and more
cost-effective data transmission.
CSI Wireless also announced earlier this year that it had been awarded
patents for:
- GPS "signal splitting" technology that enables a vehicle's standard
AM/FM radio antenna to receive accuracy-enhancing Differential GPS
(DGPS) signals, without any need or cost for an additional antenna.
- A ceramic filter that enables DGPS receivers to function with greater
sensitivity, better signal acquisition, and less interference than
traditional receivers that use metal inductors.
These recently patented inventions play key roles in CSI Wireless
products. For example:
- CSI's tractor guidance technology has become an important feature of
CSI's popular Outback(TM) product line that is available throughout
North America, part of South America, Europe and Australia, under an
exclusive marketing agreement with RHS Inc.
- CSI's technology that enables DGPS receivers to access additional WAAS
signals is an essential element of CSI's Vector heading systems, which
achieve very accurate headings at much less cost than that of
traditional gyro-compasses or other heading systems.
- CSI's performance-enhancing ceramic filter is utilized in all CSI
Wireless beacon DGPS receivers, including the MBX3 - more than 5,000
of which have been purchased by the U.S. Department of Agriculture.
About CSI Wireless
With offices in Calgary, Silicon Valley, and Phoenix, CSI Wireless
designs and manufactures innovative, cost-effective, wireless and GPS products
for mobile and fixed applications in the agriculture, marine, automotive and
other markets. Through the integration of GPS and wireless, CSI has begun
serving several emerging high-growth markets including Fleet Management, Asset
Tracking, Telematics, Stolen Vehicle Recovery and Fixed-Base Wireless
Telephones. The Company owns numerous patents and intellectual property
relating to wireless and GPS technologies. CSI Wireless has licensed its
cellular technology to GPS, cellular handset, and chipset manufacturers. The
company's common shares trade on The Toronto Stock Exchange under the trading
symbol "CSY", with approximately 25 million outstanding. For online
information about CSI Wireless, go to www.csi-wireless.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 CSI Wireless's 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. CSI
Wireless's 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 CSI Wireless will
derive therefrom.
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