Digital Dispatch Systems Inc.

Digital Dispatch Systems Inc.

August 09, 2007 17:00 ET

Digital Dispatch Gains Momentum in Small Taxi Fleet Market

Company will Announce 2007 Second Quarter Results on August 14, 2007

RICHMOND, BRITISH COLUMBIA--(Marketwire - Aug. 9, 2007) - Boosting its market presence in the smaller taxi fleet market, Digital Dispatch Systems Inc. (TSX:DD) has recently won new contracts with several taxi companies with less than 100-vehicle fleets.

Digital Dispatch will soon be equipping the 20-vehicle transportation services of Yale University, New Haven, Connecticut with iPilot 8000™ mobile computers and PathFinder™ dispatch software application. Yale University, one of the premier institutions for higher education recognized around the world, operates its own on-demand and fixed route transportation services that are free for students and faculty in the town of New Haven. As this service is provided on a 24 hour basis, Yale University is focused on maintaining rider security and safety. They have selected Digital Dispatch's PathFinder™ with auto Callout functionality that notifies passengers when their rides arrive to ensure that riders do not have to wait out in the dark for their rides.

Brampton Kwik Cab of Ontario also turned to Digital Dispatch choosing a PathFinder™ dispatch application for its 80-vehicle fleet management needs. This expands Digital Dispatch's presence in the Toronto area taxi market. On the West Coast, Somali Taxi of San Diego, California, has chosen PathFinder™ dispatch application and the iPilot 8000™ for its 11-vehicle fleet.

"The fact that more and more smaller taxi fleets across the U.S. and Canada are turning to Digital Dispatch is a reassurance that our products are being recognized for their scalability and affordability within this taxi market segment," said Cliff Snelling, Vice President of Marketing for Digital Dispatch. "It is also rewarding to see our customer profiles diversify alongside this increasing market presence. Yale University contacted us directly for their needs and this is a confirmation that our brand is now being recognized outside the taxi industry."

Q2 Earnings Release

Digital Dispatch will announce its 2007 second quarter financial results on August 14, 2007. 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 August 14, 2007 to discuss the financial results. Please call 416-641-6125 or 1-866-542-4238 to participate in the call. A replay of this conference call will be available until Tuesday, August 21, 2007, by dialing 416-695-5800 or 1-800-408-3053 and entering access code 3231496.

About Yale University

Recognized as one of the leading universities in the world, Yale University, New Haven, Connecticut, has academic roots dating back to the 1640s. Over the years, this institution has also evolved into a local economic powerhouse driving and contributing to the local community. Through its many departments, Yale University today owns and runs its own on-demand transportation service.

About Digital Dispatch Systems Inc.

Digital Dispatch Systems Inc. is a worldwide provider of mobile data solutions for fleet and mobile workforce management. Founded in 1987, we have an installed base of more than 75,000 wireless mobile data devices and nearly 200 wireless data systems in four continents. We offer products and services to manage vehicle fleets and mobile workforces, including dispatch software, wireless communication infrastructure and a range of in-vehicle mobile devices.

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 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 Digital Dispatch Systems' products; the timing of entering into significant contracts; our customers' continued commitment to the deployment of our solutions; the risks involved in developing integrated software and hardware solutions and integrating them with third-party communication and other services; the performance of the global economy and growth in software industry sales; market acceptance of the company's products and services; customer and industry analyst perception of the company and its technology vision and future prospects; the success of certain business combinations engaged in by the Company or by competitors; political unrest or acts of war; possible disruptive effects of organizational or personnel changes; technological change, new products and standards; risks related to acquisitions and international expansion; reliance on large customers; concentration of sales; international operations and sales; management of growth and expansion; dependence upon key personnel and hiring; reliance on a limited number of suppliers; industry growth; competition; intellectual property; product defects and product liability; currency exchange rate risk; concentration of ownership; and including but not limited to other factors described in Digital Dispatch Systems' reports filed on Sedar, including its Annual Information Form and financial report for the year ended December 31, 2006.
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; the sales opportunities available to the Company; the Company's subjective assessment of the likelihood of success of a sales lead or opportunity; the Company's historic ability to generate sales leads or opportunities; and that sales will be completed at or above the Company's estimated margins. 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.

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