Hemisphere GNSS Announces Strategic Partnership Expansion with CPAC Systems AB

SCOTTSDALE, AZ, USA – April 13, 2016 – Hemisphere GNSS is pleased to announce a significant expansion of their strategic partnership with CPAC Systems, Gothenburg, Sweden (CPAC), owned by the Volvo Group. After signing a large contract, Hemisphere will now be the sole source of GNSS positioning and heading systems to CPAC Systems.

Hemisphere’s technology is being used in the recently announced Co-Pilot series for Volvo Construction Equipment (Volvo CE) as part of Volvo CE’s industry-changing machine control solutions.

“We were extremely pleased to be chosen by CPAC for use of our GNSS technology,” said Chuck Joseph, Hemisphere GNSS President and CEO. “We are proud of the relationship we have developed with CPAC over the years. It is one of the most innovative companies in the industry and this latest, deeply integrated solution proves how well we collaborate to create value together. It is the very nature of this agreement that defines Hemisphere GNSS as a company, willing to work with and for our strategic partners. We see it as our responsibility to make certain we align ourselves and our business strategy with our OEM and integrator partners like CPAC.”

Initially offering its GNSS positioning and heading technology to CPAC to be used in marine applications, Hemisphere’s diverse cross-platform technology portfolio allows it to be applied in other areas where high-precision, high-accuracy GNSS is required.

“Over the years, Hemisphere GNSS has provided our company with top tier innovation, technology, and service,” said Richard Berkling, President of CPAC Systems. “Hemisphere GNSS’ long term strategy and awareness of their value-added contribution to our customer’s solutions are in perfect alignment with ours which is why we chose them as a partner for the GNSS technology. We look forward to executing this next major phase of our partnership with them.”

For more information on Volvo CE’s recently announced Co-Pilot series, please click here.

About CPAC Systems AB

CPAC Systems is passionate about turning differentiating technology into industrialized solutions for their end customers. Technology that generates new revenues and unique value creation of core products by challenging mature industries and value-chains. Working with system integration in safety critical environments, CPAC Systems has a proven track record of developing and industrializing differentiating technology within vehicle automation, maneuvering, X-by-wire systems, and HMI. The Company’s clients are global renowned brands within the commercial transport industry, both within and outside the Volvo Group. CPAC Systems has its headquarters in Gothenburg, Sweden. For more information, please visit www.CPACSystems.se.

About Hemisphere GNSS

Hemisphere GNSS designs and manufactures innovative, cost-effective GNSS products for positioning, heading, and navigation applications for marine, survey, construction, mapping, OEM, and other markets. The Company holds numerous patents and other intellectual property and sells globally with several leading product brands including Athena, Atlas®, Crescent®, Eclipse, and Vector for precise GNSS applications. Hemisphere GNSS has its business headquarters in Scottsdale, Arizona, USA and is part of UniStrong Science & Technology Co., Ltd. in Beijing, China. For more information, please visit www.HGNSS.com.

Contacts:

Lauren Vidal

Hemisphere GNSS

Phone: +1 (480) 348-6380

Email: Email Contact

www.HGNSS.com




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