DDS Wireless International Inc.

DDS Wireless International Inc.

July 08, 2013 07:30 ET

North America's Leading Taxi Co. Extends Relationship With DDS Wireless; Signs Landmark Contract for $2.3 Million

RICHMOND, BRITISH COLUMBIA--(Marketwired - July 8, 2013) - DDS Wireless International Inc. (TSX:DD), a world leader in providing wireless data solutions for fleet management for more than 25 years, announced today that its Taxi business unit, Digital Dispatch has signed an agreement with LA Taxi Co-Operative, Inc. of Los Angeles, California, part of one of the largest taxi co-operatives in the United States. Under this agreement, valued at $2.3 million including an extended service agreement, LA Taxi Co-Op is to purchase the complete Pathfinder software package and 855 Vector 9000 wireless mobile computers. All dollar figures are in Canadian Dollars.

LA Taxi Co-Op and its affiliated companies are pioneers in adopting the most advanced taxi dispatch systems, and introduced many new concepts and technology to the industry dating back to the early 1980s. The Vector 9000 is DDS's most successful product and the company has shipped over 20,000 units worldwide. LA Taxi Co-Op has been a DDS customer since 2003 and this agreement will extend the relationship to at least 2018.

"We feel that these devices and dispatch system will provide LA Taxi Co-Op with the advanced operational features and enhanced customer service that will allow them to maintain their leadership position," said Vari Ghai, CEO for DDS Wireless. "This is one of Digital Dispatch's largest Vector 9000 installation in North America and we are very pleased with LA Taxi's decision to purchase Digital Dispatch's Pathfinder & Vector 9000," Mr. Ghai added.

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 OEM partners, Limousines, Airport Shuttles and Buses. The Company supports its customers worldwide through its offices in Canada, Finland, Singapore, Sweden, U.K. and U.S.A.

Contact Information

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

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