DDS Wireless' Taxi Unit Announces $1.5 Million Order for the Largest Taxi
Operator in Europe
RICHMOND, BRITISH COLUMBIA -- (Marketwired) -- 04/02/13 -- 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(TM) 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.
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.
DDS Wireless International Inc.
(604) 241 1441
DDS Wireless International Inc.
Caroline J. Dunn
Chief Financial Officer
(604) 214 7206
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