DDS Wireless International Inc.
TSX : DD

DDS Wireless International Inc.

May 01, 2008 08:00 ET

DDS Wireless' Transit Business Closes ASI Deal Worth Over $3 Million

Company will Announce 2008 First Quarter Results on May 14, 2008

RICHMOND, BRITISH COLUMBIA--(Marketwire - May 1, 2008) - DDS Wireless' (TSX:DD) Transit business, StrataGen Systems is pleased to announce that Access Services Inc. (ASI) of Los Angeles, California, has ratified the previously announced recommendation by its board to appoint StrataGen as the primary transit solutions provider for ASI's paratransit fleet. As announced in October 2007, this contract is worth approximately $3.32 million for project management services to integrate StrataGen's ADEPT software with voice recognition software from Unified Dispatch LLC of Altadena, California.

"StrataGen has a strong customer base servicing 4 out of 5 of the largest transit agencies in North America. This most recent agreement is evidence that our integrated approach in handling the transit market is on the right track," said Mike Nienhuis, President of StrataGen Systems. "We are very excited to be the choice of ASI, an operator that utilizes a multi-mode fleet of small buses, mini-vans and taxi vehicles to service their customers. This contract is a major endorsement of our leadership as a primary solutions provider in this market."

2008 First Quarter Earnings Release

DDS Wireless will announce its 2008 first quarter financial results on May 14, 2008. The financial statements and MD&A will be available on the Company's web site and on SEDAR at that time. The Company will also host a conference call at 5:00 PM EST (2:00 PM PST) on the same day to discuss the financial results. Please call 416-641-6142 or 1-866-300-7687 to participate in the call. A replay of this conference call will be available until May 21, 2008, by dialing 416-695-5800 or 1-800-408-3053 and entering access code 3260464.

About Access Services Inc.

Based in Los Angeles, California, Access Services Inc., one of the largest paratransit operators in North America, is a state mandated local governmental agency created by Los Angeles County's public transit agencies to administer and manage the delivery of regional ADA paratransit service. Access Services Inc. is organized as a California public benefit corporation and is a "governmental" agency within the meanings of the California Fair Political Practices Act and the Open Meetings and Records Act (Brown Act). Access Services Inc. was established by 44 public fixed route transit operators in Los Angeles County. It is governed by a nine member board appointed by the Los Angeles County municipal fixed route operators, the Los Angeles County local fixed route operators, the City of Los Angeles, the County of Los Angeles, the Transportation Corridor Representatives of the Los Angeles branch of the League of Cities, the Los Angeles County Commission on Disabilities, and the Coalition of Independent Living Centers.

About DDS Wireless International Inc.

DDS Wireless International Inc. is a global provider of wireless mobile data solutions to multiple markets using state of the art technologies in real-time dispatching, vehicle location and tracking, as well as computerized routing and scheduling. Its offerings include mobile data computers, fleet management applications, communications infrastructure, project management, long-term customer support as well as multimedia mobile commerce systems for fleets. Previously known as Digital Dispatch Systems Inc. a world leader in providing wireless data dispatch systems to the taxi market for over 20 years, the Company changed its name on March 4, 2008, to re-brand itself after restructuring its operations into four market focused business units to facilitate diversification and growth, as well as effectively integrate the recently acquired businesses of Finland-based Mobisoft OY and Washington-based StrataGen Systems Inc. Visit www.ddswireless.com for more information.

DDS Wireless' Taxi business continues to operate as Digital Dispatch providing a wide range of solutions for all sizes of taxi fleets worldwide. Its Transit business operates as StrataGen Systems and provides transit solutions for all sizes of transit operators.

Forward-Looking Statements

This press release contains statements which, to the extent that they are not recitations of historical fact, may constitute forward-looking information. Such forward-looking statements may include the Company's success in generating future sales and customers in its expansion efforts including but not limited to, financial and other projections as well as statements regarding the Company's future plans, market opportunities, objectives, performance, revenues, growth, profits, operating expenses or the Company's underlying assumptions. Factors that could cause actual events or results to differ materially from those suggested by these forward-looking statements include, but are not limited to: the need to develop, integrate and deploy applications to meet our customer's requirements; the possibility of development or deployment difficulties or delays; the dependence on our customer's satisfaction with DDS Wireless International's products; the timing of entering into significant contracts; our customers' continued commitment to the deployment of our solutions; and including but not limited to other factors described in DDS Wireless International's reports filed on Sedar, including its Annual Information Form and financial report for the year ended December 31, 2007. In drawing a conclusion or making a forecast or projection set out in the forward-looking information, the Company takes into account the following material factors and assumptions in addition to the above factors: the Company's ability to execute on its business plan; the acceptance of the Company's products and services by its customers; the timing of execution of outstanding or potential customer contracts by the Company and the sales opportunities available to the Company; This list is not exhaustive of the factors that may affect our forward-looking information. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. All forward-looking statements made in this press release are qualified by this cautionary statement and there can be no assurance that actual results or developments anticipated by the Company will be realized. The Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Contact Information