DDS Wireless' eFleet Unit Signs Contract With Leading Limousine and Shuttle Service
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RICHMOND, BRITISH COLUMBIA, Apr 06 (MARKET WIRE) --
DDS Wireless International Inc.'s (TSX: DD) business unit, DDS eFleet
Services, today announced that it has signed a contract with a leading US
based limousine and shuttle service operator valued at more than
US$800,000. This contract represents continued momentum in building DDS's
subscriber base and recurring revenues for its eFleet and other hosted
fleet management solutions.
eFleet was selected as it provides very comprehensive functionality in
the form of an easily deployed turn-key hosted service, for a simple
monthly fee per vehicle. By providing digital trip dispatching, text
messaging, GPS tracking, GPS navigation, engine monitoring, and
in-vehicle wireless Internet access for passengers, the eFleet solution
enables significant gains in fleet efficiency, while enhancing customer
service.
"We are very proud to welcome this leading limousine and shuttle operator
as a client," states Ray Fast, President of DDS eFleet Services. "Given
the size and diversity of their operations, the selection of eFleet
underscores the flexibility and scalability of our solution. It also
reinforces the eFleet strategy of providing an integrated set of leading
edge dispatch and fleet management technologies, deployed as a hosted
service and offering a compelling value proposition."
About DDS eFleet Services
Catering to commercial fleets such as limousines and work trucks, eFleet
extends some of the core functionalities of computerized dispatching to
commercial fleet operators without the upfront costs of maintaining an
in-house solution. The eFleet solution includes a complete bundle of
software, hardware and data networks that are securely accessible via any
Internet web browser. The eFleet system integrates computer aided
wireless dispatch, GPS fleet tracking, GPS navigation, two-way text
messaging, and point-of-sale payment processing into a single hosted
system that is available as a subscription service.
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 four businesses dedicated for
Transit, Taxi, Limousines and Work Truck, and Wireless Devices and
Communication Infrastructure. The Company supports its customers
worldwide through its offices in Canada, Finland, Singapore, Sweden, U.K.
and U.S.A.
Forward-Looking Statements
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.
Contacts:
DDS Wireless International Inc.
Cory Pala
Investor Relations
(604) 214-7275
Investors@ddswireless.com
DDS Wireless International Inc.
Jim Zadra
Chief Financial Officer
(604) 241-1441
www.ddswireless.com
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