SOURCE: DataWind, Inc.

DataWind, Inc.

March 21, 2016 11:00 ET

DataWind Receives Award for "Tablet Brand With Maximum Consumer Pull" at TeleAnalysis Device World 2016

MISSISSAUGA, ON--(Marketwired - Mar 21, 2016) -  DataWind Inc. (TSX: DW), the leader in delivering Internet access to emerging markets, has been recognized for the Tablet Brand with Maximum Consumer Pull. The award was presented to DataWind during the TeleAnalysis Device World 2016, Confluence of Indian Device Ecosystem, in New Delhi.

The dignitaries present at the Device World 2016 included CMDs, Chairmen, CEOs, COO, and senior people from policy formulators, market researchers and industry analysts, handset vendors, operators, OTT players, telecom vendors, VAS providers, consultants/System Integrators/VAR's, trade associations and media, amongst others.

DataWind was recognized for making UbiSlate, the low cost, Internet-connected device accessible to people at the grass root level and in turn making a transformational impact to the Indian tech industry. An evangelist for true democratization of technology, DataWind's efforts have received global attention as the company implements its vision of connecting billions of people to the Internet. The company is the only firm to offer free Internet browsing for one year on all its devices.

On receiving the award Suneet Singh Tuli, President and CEO of DataWind, said: "We thank the organizers for the recognition which further motivates us to continue the journey to bridge the digital divide. We were named as the leader in the tablet market for the 4th Quarter of 2015 both in the IDC and CMR Reports and now we have been named as the tablet brand with 'Maximum Consumer Pull.' I am deeply honored and humbled for this recognition."

"At DataWind we strive to make technology and connectivity affordable so that the true benefits of this digital age are accessible to all people."

At the event, DataWind also made a presentation on Make in India, conforming to the vision of the Prime Minister of India. The Award was received by Anil Gupta, Vice President, Platform Strategy from DataWind which was presented by Anupam Srivastava, CMD, BSNL.

Recently, DataWind was announced as the leader in the tablet market in fourth quarter of 2015 by both IDC and CMR Report with 21% and 24% market share respectively. According to CMR report, DataWind holds 58% market share in the sub-Rs 5,000 tablet segment (approximately $75) which is the largest growing segment of the overall market, having nearly doubled since 2014.

About DataWind
DataWind, Inc. 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. 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 (TSX: DW). 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.

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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