DDS Wireless International Inc.

DDS Wireless International Inc.

April 02, 2013 07:30 ET

DDS Wireless' Taxi Unit Announces $1.5 Million Order for the Largest Taxi Operator in Europe

RICHMOND, BRITISH COLUMBIA--(Marketwired - April 2, 2013) - DDS Wireless International Inc. ("DDS" or "the Company") (TSX:DD) announced today that its Taxi business unit, Digital Dispatch Systems, has accepted a significant order from Taxis G7 of Paris, France for the Company's Vector 9000™ mobile data computers. The order has a value of $1.5 million and will be delivered during the 2013 Fiscal Year.

One of the largest taxi operators in Europe with more than 6,500 taxis in Paris, Taxis G7 is one of several leading European taxi companies that rely on DDS fleet management technologies to optimize their operations. Taxis G7 has been a DDS customer since 2001 and has purchased the MC 1700, MC 1790, iPilot 9000 and Vector 9000 and other software products in the past. This order supports the ongoing upgrade of previous generation DDS mobile data computers and fleet expansion and collectively we will have shipped over 12,000 units.

"I am very pleased that Taxis G7 continues to choose Digital Dispatch for its in-vehicle mobile data computers. They have been a long standing and highly valued customer of DDS for over 12 years and I am delighted that we continue to provide them leading technological solutions," stated Vari Ghai, CEO of DDS.

All figures are in Canadian Dollars. This deal was part of the existing guidance and forecast for 2013.

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 Limousines, Airport Shuttles and Work fleets. 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

  • DDS Wireless International Inc.
    Investor Relations
    (604) 241 1441

    DDS Wireless International Inc.
    Caroline J. Dunn
    Chief Financial Officer
    (604) 214 7206