SOURCE: DataWind, Inc.

DataWind, Inc.

November 04, 2015 08:00 ET

DataWind Ranks Among Top 20 Most Innovative Public Companies

DataWind Invited to Participate at the Canadian Innovation Exchange Public Investors Day on November 18

MISSISSAUGA, ON--(Marketwired - Nov 4, 2015) - DataWind Inc. (TSX: DW), a leader in the delivery of internet access in emerging markets, has been named as one of the 20 most innovative public Canadian technology companies by the Canadian Innovation Exchange (CIX).

The CIX selection committee evaluates all Canadian small and mid-cap publicly traded technology companies and rates each based on their business model, depth of management, market opportunity, and quality of product or service offering.

"This recognition for innovation reflects the success of our revolutionary technology that is bringing the experience of high-bandwidth Internet to people around the world in an entirely new way," commented DataWind CTO, Raja Tuli.

DataWind provides Internet access to emerging markets by overcoming the traditional hurdles of insufficient infrastructure and prohibitive costs to provide a broadband-like Internet experience on any data network, and at a price that is affordable even to those in developing economies.

DataWind will be featured at the CIX Public Investor Day being held Wednesday, November 18, 2015 at the MaRS Discovery District in Toronto. The conference, which includes all 20 Most Innovative companies, is designed to connect small and mid-market Canadian public technology companies with the investment community. Activities will include company presentations, exhibits, keynote speakers and one-on-one meetings.

For more information on the award or the event, please visit www.publicinvestorday.com.

About CIX
The Canadian Innovation Exchange (CIX) is a leading technology innovation destination where investors, innovative companies, entrepreneurs and facilitators converge to drive economic growth and accelerate the development and implementation of new ideas.

This forum attracts the key players behind Canadian's innovative technology products and services in order to learn from each other, meet and pursue customer partnerships and investment relationships, and encourage the development of innovative technology that will be an integral part of Canada's economic growth.

About DataWind
DataWind is a leader in providing affordable mobile Internet connectivity in emerging markets. The company's patented, cloud-based technology reduces up to 97% the amount of data needed for web browsing, providing a broadband experience on any network -- even on legacy 2G networks that are still prevalent in developing countries. DataWind also provides economical smartphones and tablets that come bundled with one year of unlimited internet access, making it the largest tablet provider in India only behind Samsung. DataWind's unique solution offers broad social and economic benefits for the billions of people around the world for whom an Internet connection was previously out of reach. DataWind is traded on the Toronto Stock Exchange (DW.TO). For more information visit www.datawind.com.

Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking information includes information with respect to our goals, beliefs, plans, expectations, anticipations, estimates and intentions. Forward-looking information is identified by the use of terms and phrases such as "may," "would," "should," "could," "expect," "intend," "estimate," "anticipate," "plan," "foresee," "believe," and "continue," or the negative of these terms and similar terminology, including references to assumptions. Please note, however, that not all forward-looking information contains these terms and phrases. Forward-looking information is based upon a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond our control. These risks and uncertainties could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, the risk factors identified in the Company's prospectus dated June 27, 2014, which is available on the SEDAR website at www.sedar.com. Consequently, all of the forward-looking information contained herein is qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that we anticipate will be realized or, even if substantially realized, that they will have the expected consequences or effects on our business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained herein is provided as of the date hereof, and we do not undertake to update or amend such forward-looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law.

No securities regulatory authority has either approved or disapproved the contents of this press release/media advisory.

Contact Information

  • Company Contact:
    Dan Hilton
    Chief Financial Officer
    DataWind Inc.
    +1(613) 277-3266
    Email Contact

    Investor Relations:
    Michael Koehler
    Liolios Group, Inc.
    +1(949) 574-3860
    Email Contact