Vehicle Tracking System In Windows Forms With C#

Question

Hi,
We have developing Vehicle Tracking System.Am Very new to Windows Forms.
We have Used GPRS Device In server.It will provide Following Input Format:
An example of typical auto report message,
24 70 80 53 01 77 00 50 24 06 01 80 22 32 96 92 00 11 35 52 42 3C 00 00 00 FF DF FB FF
00 00 00 (in Hex, but should be decoded in binary as above)
Note:
'$'(0x24): Head, standard auto-report message;
Time:0x050316,International standard time 05:03:16;
Date:0x220902, 22/09/2002
Longitude value: 0x22128745, 22°12.8745'
Latitude Value: 0x113466574C,113°46.6574'. Its last byte(0x15) express
bit7654,the last bit of latitude value
Roadsay Technology Limited Communication Protocol for RS AVL
- 12 -
bit3, 1: East Longitude, 0:West Longitude
bit2, 1: North latitude, 0:South latitude
bit1, 1:A valid GPS data,0:V invalid GPS data
bit0,/
==========================================================================
My doubt Is
===========
Is dis HexaDecimal Format?If Yes Means It cannot converted to Ascii Format.
Which means Valid Ascii Out is not converted Here.
Expected Conversion Is Shown Below
=======================
example1:*RS,1234567890,C2,112233,1,0,13808833059#




May i know how to convert from This
24 70 80 53 01 77 00 50 24 06 01 80 22 32 96 92 00 11 3