GyPSii and Garmin Sign Global Multi-year Agreement - GyPSii, the leading geo-location and mobile social networking provider, today announced it has entered into a multi-year worldwide agreement with Garmin®, the world’s global leader in satellite navigation. Under the terms of the agreement, GyPSii will provide technology, products, worldwide data center infrastructure, development licenses, and GyPSii branding rights to Garmin, on a worldwide non-exclusive basis for a range of Garmin products. Garmin anticipates that future products will include friend finding applications that support the GyPSii-powered location-based social networking services platform. The agreement provides development licenses to Garmin, to leverage the GyPSii location-based geo-social networking services infrastructure for internal development and integration with its products. The agreement also has provisions for revenue sharing between GyPSii and Garmin.