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The Toro Company and ProShot Golf Announce Alliance for Global Positioning Satellite Technology for Golf Course Management.

MINNEAPOLIS, Jan. 5 /PRNewswire/ -- The Toro Company (NYSE: TTC) and ProShot Golf, Inc., a Newport Beach, Calif.-based provider of information and communication products to the golf industry, have announced a strategic alliance to provide Global Positioning Satellite (GPS)-based measurement and course management systems for golf courses around the world.

Under terms of the agreement, Toro becomes an equity partner in ProShot Golf and will share engineering expertise as well as leverage its distribution network. ProShot will assist in the integration of GPS technology into Toro equipment and provide support to the golf course owners, managers, and superintendents.

The ...

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