RICHMOND, BRITISH COLUMBIA — (Marketwire) — 12/15/11 — DDS Wireless International Inc. (the “Company”) (TSX: DD) announced today that its Taxi Business Unit, Digital Dispatch Systems, has accepted a significant order from Taxis G7 of Paris, France for the Company-s Vector 9000 mobile data terminals. The order has a value of more than $1.25 million and will be delivered in several lots between December 2011 and June 2012.
One of the largest taxi operators in Europe with more than 6,500 taxis in Paris, Taxis G7 is one of several leading European taxi companies that rely on DDS fleet management technologies to optimize their operations. This group of customers includes Helsinki Taxi, Taxi Stockholm, Taxa 4×35 Copenhagen and Taxi Dusseldorf. This order supports both the ongoing upgrade of previous generation DDS mobile data terminals and fleet expansion.
“We are very pleased that Taxis G7 continues to choose Digital Dispatch for its in-vehicle mobile data terminals. The use of industry-leading technology like the Vector 9000 improves the efficiency of taxi drivers and supports Taxis G7-s growth and customer service objectives,” stated Patrick Nangle, President of Digital Dispatch Systems. “Taxis G7 is amongst the many DDS customers that are currently upgrading to latest generation DDS technology. We are very encouraged by this ongoing trend and vote of confidence from our customers.”
The latest generation Vector 9000 will provide Taxis G7 with advanced features and functionality such as high definition graphics, touch screen technology, greater processing power and expanded memory, enabling Taxis G7 to further extend their system capabilities in the future.
About DDS Wireless International Inc.
DDS Wireless International Inc. is a global leader in providing application software for multiple vertical markets within the transportation industry. The Company specializes in transit routing and scheduling, real-time dispatching, vehicle location and tracking software applications, communications infrastructure as well as in-vehicle wireless devices. DDS Wireless operates four businesses dedicated for Transit, Taxi, Limousines and Work Truck, and Wireless Devices and Communication Infrastructure. The Company supports its customers worldwide through its offices in Canada, Finland, Singapore, Sweden, U.K. and U.S.A.
Forward-Looking Statements
This press release may contain forward-looking statements that involve risks and uncertainties. These forward-looking statements relate to, among other things, operations, anticipated financial performance, business prospects and strategies, statements about future market conditions, supply and demand conditions, revenues, gross margins, operating expenses, profits, and other expectations, intentions, and plans contained in this press release that are not historical facts. Such forward-looking statements are subject to a number of known and unknown risks, uncertainties and other factors which could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, business risks, changes in market and competition, technological and competitive developments and potential downturns in economic conditions generally. Given these risks and uncertainties DDS Wireless cannot guarantee that any forward looking statements will be realized.
Contacts:
DDS Wireless International Inc.
Investor Relations
(604) 241 1441
DDS Wireless International Inc.
Caroline J. Dunn
Chief Financial Officer
(604) 214 7206
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