DDS Wireless International Inc.

DDS Wireless International Inc.

February 22, 2011 08:00 ET

DDS Wireless 2010 Year-end Earnings Release and Conference Call Notice

Appoints Markus Pauli as President of Digital Wireless Business Unit

RICHMOND, BRITISH COLUMBIA--(Marketwire - Feb. 22, 2011) - DDS Wireless International Inc. ("DDS" or "the Company") (TSX:DD) announced today the appointment of Markus Pauli to the position of President of the Company's Digital Wireless business unit. Markus is joining DDS with a broad background of experience with international technology companies. Markus previously served on the Executive Team of Coe Newnes McGehee, a world leader in Lumber Processing and Optimization Systems as head of Worldwide Operations and International Business Development and as Chief Operating Officer of Romaco, a Swiss based manufacturer of pharmaceutical processing and control systems with operations around the world. Previously Markus spent 10 years with Alcatel, where he was instrumental in setting up the German and North American Conductors Divisions as well as Alcatel Optronics in Dallas, Texas. Markus holds an advanced engineering degree and an undergraduate degree in political sciences from the University of Technology Aachen, Germany (RWTH). He has also completed the Alcatel International Masters Program, in cooperation with Ecole de Management Lyon, France.

"We are very pleased to welcome Markus to our senior management team," said Vari Ghai, CEO of DDS. "Markus brings a wealth of senior leadership experience in the areas of technology sales and marketing, business development and international operations which are key to our objective of building new channels and markets for our technologies through our Digital Wireless business unit."

"I am excited about DDS and the opportunity to join such a dedicated team. I look forward to leveraging our technology leadership, innovation and customer service dedication to drive growth both in existing and new markets!" said Markus Pauli, President of Digital Wireless.

2010 Year-end Earnings Release and Conference Call Notice

DDS also issued notice today that it will release its 2010 year-end financial results on March 3, 2011 before 8:00 am Eastern time. The financial statements and MD&A will be available on the Company's website and on SEDAR at that time. The Company will host a conference call at 12:00 pm Eastern time on the same day to discuss the financial results. Please call 416-695-6617 / 800-396-7098 to participate in the call. A replay of this conference call will be available through March 12, 2011 by dialing 905-694-9451 / 800-408-3053 and entering access code 6014050.

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.

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. 

Contact Information