DDS Wireless International Inc.

DDS Wireless International Inc.

February 16, 2009 08:00 ET

DDS' Transit Business Unit Signs Major Contract with Helsinki

RICHMOND, BRITISH COLUMBIA--(Marketwire - Feb. 16, 2009) - DDS Wireless International Inc.'s (TSX:DD) Transit business unit has signed an important contract with the City of Helsinki to provide its Mobirouter™ demand response dispatch system. Mobirouter™ will support a new travel dispatch centre being established by the City of Helsinki to manage its para-transit services, and will enable the integration and management of overflow vehicles including those of private operators such as Helsinki Taxi, another DDS customer.

"When DDS Wireless acquired MobiSoft and Stratagen it was looking for synergies where its cross-market relationships would generate new business and this is one such example of it," said Vari Ghai, CEO of DDS Wireless. "The Transit business unit is showing good progress this year and it has been selected or short listed in several other contracts which we will announce once they are executed."

Departure of Stratagen Systems Inc. President

Stratagen Systems Inc., DDS Wireless' Kirkland, Washington based Transit Business Unit, announces the recent departure of its President, Mike Nienhuis, who has decided to return to Canada to pursue other interests. Mr. Nienhuis was instrumental in ensuring the smooth integration of StrataGen after its acquisition by DDS in December 2007. Stratagen is actively searching for a new president.

Withdrawal of Wireless TV lawsuit

Wireless TV Studios, Inc. ("WTV") has dismissed its lawsuit against DDS Wireless International Inc. DDS has also dismissed its counterclaims against WTV.

DDS Wireless will release its audited financial results for the year ended December 31, 2008 on March 13th, 2009.

Forward-Looking Statements

This press release contains statements which, to the extent that they are not recitations of historical fact, may constitute forward-looking information. Such forward-looking statements may include financial and other projections as well as statements regarding the Company's future plans, market opportunities, objectives, performance, revenues, growth, profits, operating expenses or the Company's underlying assumptions. Factors that could cause actual events or results to differ materially from those suggested by these forward-looking statements include, but are not limited to: the need to develop, integrate and deploy applications to meet our customer's requirements; the possibility of development or deployment difficulties or delays; the dependence on our customer's satisfaction with DDS Wireless' products; the timing of entering into significant contracts; our customers' continued commitment to the deployment of our solutions; the risks involved in developing integrated software and hardware solutions and integrating them with third-party communication and other services; the performance of the global economy and growth in software industry sales; market acceptance of the company's products and services; customer and industry analyst perception of the company and its technology vision and future prospects; the success of certain business combinations engaged in by the Company or by competitors; political unrest or acts of war; possible disruptive effects of organizational or personnel changes; technological change, new products and standards; risks related to acquisitions and international expansion; reliance on large customers; concentration of sales; international operations and sales; management of growth and expansion; dependence upon key personnel and hiring; reliance on a limited number of suppliers; industry growth; competition; intellectual property; product defects and product liability; currency exchange rate risk; concentration of ownership; and including but not limited to other factors described in DDS Wireless' reports filed on Sedar, including its Annual Information Form and financial report for the year ended December 31, 2007.
In drawing a conclusion or making a forecast or projection set out in the forward-looking information, the Company takes into account the following material factors and assumptions in addition to the above factors the Company's ability to execute on its business plan; the acceptance of the Company's products and services by its customers; the timing of execution of outstanding or potential customer contracts by the Company; the sales opportunities available to the Company; the Company's subjective assessment of the likelihood of success of a sales lead or opportunity; the Company's historic ability to generate sales leads or opportunities; and that sales will be completed at or above the Company's estimated margins. This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. All forward-looking statements made in this press release are qualified by this cautionary statement and there can be no assurance that actual results or developments anticipated by the Company will be realized. The Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.

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.

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