DataWind Named to MIT Technology Review's 2014 50 Smartest Companies List Recognizing World's Most Innovative Companies

MONTREAL, QC--(Marketwired - Feb 18, 2014) - DataWind has been identified as one of 2014's 50 Smartest Companies in MIT Technology Review's annual list of the world's most innovative technology companies. The honorees are nominated by MIT Technology Review's editors, who look for companies that have demonstrated original and valuable technology over the last year, are bringing that technology to market at significant scale, and are clearly influencing their competitors. The companies on the list represent the disruptive innovations most likely to change our lives.

"At times it seems impossible to keep pace with important emerging technologies. This issue celebrates organizations at the forefront, displaying 'disruptive innovation' that will prove to surpass the competition, transform an industry, and change our lives," states Jason Pontin, publisher and editor in chief of MIT Technology Review. "DataWind has an innovative approach: sell inexpensive hardware and make money instead on advertisements and apps. After beginning by selling inexpensive tablets in India, the company is now selling in several other countries and could significantly expand the tablet market."

DataWind is one of the two Canadian companies to make it to MIT Technology Review's 2014 list of 50 Smartest Companies List. The company carries out its entire R&D operations on new generation low cost android tablet PC and web access products from its hub in Montreal, Canada.

DataWind was chosen for its breakthrough internet delivery platform and disruptive business model that allows it to deliver the world's lowest cost tablet computers with 'free' internet access. Delivered to the Indian government as Aakash and commercially as the UbiSlate computers, DataWind's products break the affordability barrier and deliver internet access across traditional mobile networks as the company executes a vision to empower the next three billion internet users.

Since its launch in India, DataWind's UbiSlate tablet computers have positioned the company consistently among the three largest tablet suppliers in the country, which was followed in late 2013 with the US & Canadian launch at $37.99 for the UbiSlate 7Ci model.

"We are honored and humbled to be recognized by MIT Technology Review as one of the most innovative technology companies in the world," said Suneet Singh Tuli, CEO of DataWind. "Such recognition provides further encouragement for us to pursue our vision of making the power of computing and internet access available to all."

DataWind and the other honorees will be featured in the March/April edition of MIT Technology Review, published online today and available on newsstands worldwide starting March 4.

DataWind has offices in London, UK; Montreal and Mississauga, Canada, Dallas, USA, Amritsar and New Delhi, India.

For further information, visit www.datawind.com or www.ubislate.ca