GyPSii and Garmin Sign Global Multi-year agreement for Location-Based Services and Social Networking.

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.
GyPSii currently interoperates on Symbian, Windows Mobile, and BlackBerry devices, as well as the Apple iPhone, along with browser-based Internet connected devices.
Via the GyPSii site.

Yesterday we reported about another location-based services deal. Verizon Wireless signed a deal with Loopt. Looks like the time is ripe for social geo location-based fun.