The Vector product line includes the Vector ST for global marine use and the Vector Sensor for the world's rapidly emerging "machine control" market - including agricultural and heavy construction equipment - that depends on very accurate headings.
"Our new Vector line represents an exciting new core technology for CSI Wireless," said President and CEO Stephen Verhoeff. "We integrated Vector technology with some of our other high-accuracy core technologies - including RTK GPS and COAST(TM) - to produce highly accurate and affordable alternatives to gyro compasses and other more expensive competing products."
"There are thousands of marine and machine control customers around the world for whom the Vector line is very good news," Mr. Verhoeff added. "We have great expectations for this product family."
The Vector ST is a rugged "smart antenna" system that combines two GPS receivers and two multipath-resistant antennas into a single enclosure about a half-metre long. Using a sophisticated moving base station Real-Time Kinematic (RTK) technique, the Vector ST provides heading information to within half-degree (0.5) accuracy - enough to replace traditional gyrocompasses for many applications at only a fraction of the cost.
The Vector ST, besides providing accurate headings with GPS signals, also delivers sub-metre DGPS positioning accuracy when using decoded correction data. The Vector ST is capable of receiving differentially corrected data from land-based Coast Guard beacon stations and from Space Based Augmentation Systems (SBAS) such as the U.S. Wide Area Augmentation System (WAAS), the European GPS Navigation Overlay System (EGNOS), and Japan's MTSAT Satellite Augmentation System (MSAS).
The Vector Sensor is similar to the Vector ST, but instead of combining the two GPS receivers and two antennas into a single package, the Vector Sensor separates them. The receivers are housed in one enclosure, and each of the antennas is housed in a separate enclosure. This enables users to increase the distance between the antennas, which increases heading accuracy.
With the antennas two meters apart, compared to the half-metre antenna separation available with the ST, the Vector Sensor computes heading information with better than 0.15 degrees accuracy - matching or exceeding the accuracy of competitors' products while being significantly more affordable.
The ability to adjust the antennas' separation gives the Vector Sensor more versatility and the potential for higher performance. It's designed for the "machine control" market, including agriculture, heavy construction equipment, mining equipment, cranes, and any other equipment and industries for which accurate headings are essential.
Vector products are capable of outputting five differentially corrected GPS positions per second, and 10 heading information corrections per second. Vectors products also have integrated MEMS (micro electro mechanical systems) sensors to assist in the rapid, robust acquisition of GPS satellite signals. And during periods of differential signal outage, Vector products use CSI Wireless' unique COAST(TM) technology that accurately predicts how errors change over time, and that results in accurate positioning for up to 40 minutes or more.
The Global Positioning System (GPS) is a constellation of 24 U.S. government-owned satellites that circle 13,000 miles or 22,000 kilometres above Earth. A ground-level GPS receiver, using pre-programmed data, knows where each satellite is in its orbit. The receiver compares this information with the amount of time required to receive each satellite's signals at ground level, to calculate or "triangulate" a specific geographic position on Earth.
About RTK GPS
Several systems exist to correct signal errors and improve GPS accuracy. The most advanced is Real-Time Kinematic or RTK GPS, which CSI Wireless' Vector products employ. It uses two receivers, with each gathering GPS data from some of the 24 orbiting satellites. One receiver also sends corrections to the other receiver, to achieve real-time navigational headings that are far more accurate than what can be achieved using basic GPS.
About Coast Guard Beacons
There are networks of Coast Guard radiobeacons around the world that constantly broadcast signals to receivers that enable them to differentially correct, or enhance the accuracy of, the data they receive from standard GPS. Signals provided to the public are free.
About Space Based Augmentation Systems
Spaced Based Augmentation Systems feature networks of stations on the ground that receive signals from the GPS's 24 orbiting satellites. These ground stations, rather than sending differentially corrected signals to users via land-based radiobeacons, instead send signals up to their geostationary satellites, which in turn transmit the signals back to individual SBAS-capable receivers on Earth. SBAS services, including WAAS and EGNOS that are operating in test mode, and the yet-to-be-operational MSAS, are free to the public.
About CSI Wireless
With offices in Calgary, Silicon Valley, and Phoenix, CSI Wireless (TSE: CSY) 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 and Mobile Computing applications. The Company owns several 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 19.1 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' 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' 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 proceeds, CSI Wireless will derive therefrom.