DDS Wireless International Inc.

DDS Wireless International Inc.

December 18, 2013 07:30 ET

DDS Wireless Announces New Contracts Totaling $1.4 Million

RICHMOND, BRITISH COLUMBIA--(Marketwired - Dec. 18, 2013) - DDS Wireless International Inc. (TSX:DD), a world leader in providing wireless data solutions for fleet management for more than 26 years, announced today that its Taxi business unit, Digital Dispatch, has signed a contract with Signature Cab of Hawaii. Under this agreement, Signature Cab of Hawaii will purchase and deploy 800 Vector 9000™ wireless mobile computers.

"I continue to be encouraged by the alignment of our recent contract wins with our strategic growth initiatives," said Vari Ghai, CEO of DDS. "Signature Cab of Hawaii previously signed a contract with us for the deployment of 800 backseat passenger information monitors. At 800 units, each, of our backseat and front seat devices, this is one of Digital Dispatch's larger installations in North America and evidence of our continuing success in this market," Mr. Ghai further added.

In addition to this win, the Company further announced additional contract wins across all business units for deployment of both hardware and software. Combined with the Signature Cab of Hawaii deal, new contract wins total approximately $1.4 million. All figures are in Canadian dollars.

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 three businesses dedicated for Taxi, Transit and New Markets such as OEM partners, Limousines, Airport Shuttles and Buses. 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.

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