Garmin and GyPsii sign multi-year agreement

Garmin has signed a multi year global agreement with GyPsii according to a statement from GyPsii. As we are aware, Garmin is known for it’s Sat Nav hardware, whereas GyPsii is a “geo-location and mobile social networking provider”.

As per the agreement terms, GyPsii will provide technology, products, worldwide data center infrastructure, development licenses and GyPsii branding rights to Garmin. GyPsii would provide the rights on a non-exclusive basis, for a variety of Garmin products. The deal would help Garmin to incorporate in its future products, friend finding applications that support the GyPsii-powered-location-based social networking services platform.

GyPsii’s existing tech is centred around Smartphones, and with some MIDs (Mobile Internet Devices) – but we can’t imagine it will be a great stretch to port it. The services that will be enabled could be varying mashups of location-specific or presence functions, together with social networking features. Quite what exactly, we’ll have to wait and see.

GyPsii’s technology is currently compatible with Symbian, Windows Mobile, and Black Berry devices, as well as on Apple (NSDQ: AAPL) iPhone along with browser-based Internet connected devices.

GyPsii incorporates a wide range of location-specific functions and mobile lifestyle services in a single platform. These include features like mobile search, user generated content-sharing and social networking.

Garmin have been quite busy recently in the device space too – check out Dusan’s recent story on the interestingly-titled “Nuvifone”.

[Via: RTTNews]