CSI Wireless Inc., a leading provider of GPS and Wireless products, and Kansas-based RHS Inc. ("RHS"), have entered into an agreement whereby CSI will purchase RHS' sales, marketing and distribution assets associated with the market-leading Outback® line of GPS guidance products for agriculture applications.



CSI and RHS will combine their respective GPS operations to create the world's leading supplier of GPS products for agricultural markets. The Outback business will be combined with CSI's GPS Business Unit to create "Hemisphere GPS" which will market Satloc and Outback branded products, together with all of CSI's other GPS products. CSI currently manufactures the Outback branded line exclusively for RHS.



The transaction is aligned with CSI's corporate strategy to leverage its GPS engineering strength. CSI is a technology leader in several specialized GPS niche markets, and is intent on leveraging its advanced technology position and the underlying intellectual property to increase its dominance within its existing and new GPS markets.



Source: Company Release