DDS Wireless International Inc.

DDS Wireless International Inc.

December 04, 2009 08:00 ET

DDS Wireless' StrataGen Unit Signs 3 Contracts Totaling $1.2 Million

Heikki Karintaus Appointed to Board of Directors

RICHMOND, BRITISH COLUMBIA--(Marketwire – Dec. 4, 2009) - DDS Wireless International Inc. (TSX:DD) announces today that its Transit business unit, StrataGen Systems, has closed three significant contracts totaling $1.2 million.

The largest contract is with Avail Technologies Inc. of Pennsylvania to supply Mobile Data Terminals to a number of Avail's clients across North America. Avail is a StrataGen partner focused on mid-market fixed route Transit applications, one of the largest market segments in the industry.

"We are very excited about our long term partnership with Avail as it provides StrataGen with market access to extend its reach from our core market for routing and scheduling systems for Paratransit services," states Matt Scheuing, President of StrataGen Systems Inc. "The fixed route and small fleet Transit markets represent large new market opportunities for StrataGen."

StrataGen also received a services contract from Broward County in Fort Lauderdale Florida, to provide services to enable the County's call center centralization project. Broward County has been a StrataGen customer for over 5 years and this project further extends their investment in StrataGen's software. "The Broward County contract is significant for StrataGen as it reflects a common trend within our client base towards services centralization. Centralization of services is a natural application for StrataGen's Adept system due to its ability to efficiently handle very large transaction volumes from multiple transit services providers," states Matt Scheuing.

Finally, StrataGen through its UK office, was awarded a contract to provide a comprehensive transit fleet management system to a County in Eastern England. The contract includes the latest generation of DDS Wireless' iMax 8000 Mobile Data Terminals, a comprehensive enterprise transit management system and related services and maintenance contracts.

DDS Wireless Appoints Heikki Karintaus to the Board of Directors

The Board of Directors of DDS Wireless International Inc. has appointed Mr. Heikki Karintaus, M. Sc. (Eng.) to the Board effective January 1, 2010. Mr. Karintaus is a co-founder of Mobisoft OY which was acquired by DDS in October of 2007, and has led Mobisoft as its Managing Director since 1994. Mr. Karintaus has announced that he will step down from his role as Managing Director of Mobisoft, but will continue to serve as a Strategic Advisor to the DDS Wireless board of directors and senior management.

"As a founder and the Managing Director of Mobisoft OY, Heikki built a successful business centered on hosted solutions for fleet management which maximize subscription and transaction based revenues. Heikki's knowledge of these business models and the European market will provide an important contribution to our strategy going forward," states Vari Ghai, CEO and Chairman of DDS Wireless International Inc.

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.

About StrataGen

Using patented technology and expertise from all levels of the industry, combined with experience gained from installations worldwide, StrataGen Systems is an international leader in the transit industry. StrataGen provides enterprise-wide and service based solutions to transit agencies of all sizes, focusing on Demand Response, ADA (Americans with Disability Act) compliant and Special Needs providers.

Striving to achieve delivery of the best results possible, StrataGen prides itself on responsiveness, commitment and class leading customer service.

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

  • DDS Wireless International Inc.
    Cory Pala
    Investor Relations Representative
    (604) 214-7275
    DDS Wireless International Inc.
    Jim Zadra, CA
    Chief Financial Officer
    (604) 241-1441