Let's GOWEX Begins Trading Its ADRS on OTCQX Market *From Today GOWEX ADRS Will Be Traded on the OTCQX Market ®, the Premier Tier of the Over the Counter (OTC) Market in the U.S. *GOWEX Will Join Adidas, Repsol, Gazprom and AkzoNobel by Listing on the OTCQX® Market Business Wire MADRID -- April 16, 2013 Regulatory News: GOWEX (GOW-MAB, ALGOW-NYSE Alternext, LGWXY-ADR Program)(MAD:GOW)(Paris:ALGOW)(OTCQX:LGWXY), a leader in creating Wi-Fi Smart Cities (Wireless Smart Cities®) and Intelligent Wi-Fi for Transport, has chosen to have its American Depositary Receipts (ADRs) traded on OTCQX®, ^ the best OTC marketplace with qualified companies. Following the stock split by 5:1 effective since March 25^th, the ADR ratio per share is still 1 ADR per common share. Trading on OTCQX Market® GOWEX ADRs will move to the OTCQX Market ®, the largest OTC market in the U.S. which has been chosen by prominent international companies including Gazprom, Adidas and Peugeot among many others. U.S. investors can find information of the Company and the listing of ADRs on www.otcmarkets.com Bank of New York Mellon BNY Mellon will continue to be the custodian bank of GOWEX ADRs on OTCQX® and will be responsible for advising the Company and making sure that it meets market requirements. About GOWEX (GOW-MAB, ALGOW-NYSE Alternext, LGWXY OTCQX) GOWEX has operated in the telecommunications sector for 14 years. It is currently leading the creation of "Wi-Fi Cities," which offers free and premium Wi-Fi connectivity on the street and in public transportation. The company is now exporting its innovative business models to many cities in Europe, South America, Asia, and emerging countries. In 2010, it became the first and only Spanish SMB to achieve a "dual listing," publicly traded in MAB (GOW) and NYSE-Euronext (ALGOW). The company's total revenue amounted to €66.7 million in 2011, and for the first half of 2012, it was €41 million (60% over the same period on 2011). In December 2012, GOWEX executed a €18 million capital raising exercise, adding 1,528,404 new common shares to the market. In February 2012, the SEC approved the launch of a program of ADR’s (American Depositary Receipts), enabling the Group to also be listed in the United States on the OTC market. With offices in Madrid, Burgos, Buenos Aires, London, San José (Costa Rica), Paris, Shanghai, and Dubai, GOWEX has developed a sustainable business model in its Wi-Fi networks, based on the efficient and technical quality of their patented platforms: the “Roaming Platform”, which allows users to connect freely in all the cities, and the”Geolocalization Content and Advertisement Platform”, which provides financing business through marketing and advertisement agreements. In 2011, GOWEX joined the Wireless Broadband Alliance and received a prize for the “Best Web Company” on Internet Day. In February 2012, Jenaro García GOWEX CEO received the “Entrepreneur of the Year Award” by Ernst & Young in the category of "Innovation” Contact: GOWEX International Communications Manager & Investor Relations Florencia Mate Garabito, +34 9 13 60 14 70 Fmate@gowex.com
Let's GOWEX Begins Trading Its ADRS on OTCQX Market
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