DDS Wireless International Inc.
TSX : DD

DDS Wireless International Inc.

March 30, 2011 08:00 ET

DDS Wireless' Taxi Unit Signs $3.8 Million Contract to Upgrade European Customer

RICHMOND, BRITISH COLUMBIA--(Marketwire - March 30, 2011) - DDS Wireless International Inc. (TSX:DD) ("DDS" or "the Company") announces today that its Taxi business unit, Digital Dispatch Systems, has signed an important contract with Helsinki Taksi-Data Oy ("Helsinki Taxi") for the sale of the Company's Vector 9000™ mobile data terminals to replace a previous generation DDS system. Under the agreement, Helsinki Taxi will be upgrading its entire fleet. The contract has a value of $3.8 million.

The largest taxi operator in Finland, Helsinki Taxi is one of several leading European taxi companies that rely on DDS fleet management technologies. This group of customers includes Taxis G7 of Paris, Taxi Stockholm, SKT Copenhagen and Taxi Düsseldorf.

"DDS has proven itself over several years as a trusted and reliable partner," stated Eero Keinänen, Chairman of the Board of Helsinki Taksi-Data Oy. "We have been very pleased with the performance of the DDS products and services, and are convinced that the Vector 9000™ mobile data terminal is the best choice to meet the demanding needs of our taxi business."

"We are very pleased that Helsinki Taxi has again selected Digital Dispatch Systems to provide its in-vehicle technology. The use of industry-leading technology like the Vector 9000™ improves the efficiency of taxi drivers and supports Helsinki Taxi's customer service objectives," stated Patrick Nangle, President of Digital Dispatch Systems. "With many of our customers and prospective customers reaching the end of their technology lifecycles, we are very excited about the market prospects of our latest generation technologies."

The latest generation Vector 9000™ will provide Helsinki Taxi with advanced features and functionality such as Navigator Deluxe™ turn-by-turn navigation, high definition graphics, in-vehicle browser capability and touch screen technology. In addition, the greater processing power, expanded memory, and 3G wireless capabilities offered by the Vector 9000™ will enable Helsinki Taxi to further extend their system capabilities in the future.

The contract also provides for the negotiation of a seven year support and maintenance agreement to cover the newly purchased mobile data terminals and related software. Once completed, the expected multi-million dollar maintenance agreement will take effect after an initial warranty period expires.

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.

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