DDS Wireless International Inc.
TSX : DD

DDS Wireless International Inc.

September 30, 2009 08:00 ET

DDS Wireless Signs $1,000,000 Contract With OAIS of India

RICHMOND, BRITISH COLUMBIA--(Marketwire - Sept. 30, 2009) - DDS Wireless International Inc.'s (TSX:DD) Taxi business unit, Digital Dispatch, today announces that it has signed a contract for 1,000 Vector mobile data terminals ("MDT") with ORIX Auto Infrastructure Services Limited ("OAIS") of Mumbai, India. OAIS had previously purchased 750 MDTs and this brings the total to 1,750 units. The contract also includes a five year service agreement for support and maintenance of the system. DDS Wireless is immediately going to expand its existing Indian office to provide support services and repairs. The total contract is worth approximately $1 million dollars.

OAIS is a joint venture between ORIX Corporation, Japan and Infrastructure Leasing and Financial Services Ltd., India. OAIS provides a comprehensive suite of products and services in automobile financing and value added services such as car rental, radio taxi services, business transport solution, and construction equipment financing in the Transport Infrastructure Segment. The multi-product business approach of OAIS has helped it in achieving leadership position in Transport Infrastructure Segment.

"This partnership will usher in a new paradigm of using technology for efficient management of Road Transport Services in India," said Neeraj Kumar, CEO of OAIS.

"We are very pleased to extend our relationship with OAIS and we will open a repair center to service our expanding install base in India. OAIS and previously announced sale to Taxi Dusseldorf are extending our horizons and making us a true global company. This year we expect over 50% of our annual revenue to come from outside of North America," stated Vari Ghai, CEO of DDS Wireless.

About OAIS
INFRASTRUCTURE LEASING & FINANCIAL SERVICES LIMITED initially promoted by the Central Bank of India (CBI), Housing Development Finance Corporation Limited (HDFC) and Unit Trust of India (UTI), now has a broad shareholding with induction of State Bank of India, Life Insurance Corporation of India, ORIX Corporation - Japan, HSBC Group, Government of Singapore and others. A leading participant in the Indian financial services sector, IL&FS operates across a wide array of business areas focusing on the commercialization and development of infrastructure projects in India through creation of value-added financial services.

ORIX Corporation is an integrated financial service group based in Tokyo, Japan, providing innovative value-added products and services to both corporate and retail customers. With operations in 23 countries, its activities include Leasing, Corporate Finance, Real Estate-Related Finance and Development, Life Insurance and Investment & Retail Banking. It has an asset base of USD 56 billion with its equities listed on New York, Tokyo, Nagoya and Osaka Stock/Securities Exchanges.

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, India, 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.

The Toronto Stock Exchange has neither approved nor disapproved the contents of this press release.

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