RICHMOND, BRITISH COLUMBIA--(Marketwire - Aug. 10, 2012) - DDS Wireless International Inc. (TSX:DD) ("DDS" or "the Company") announces today that its Transit business unit, StrataGen Systems Inc., has been awarded several contracts to expand its Mobile Data Terminal ("MDT") footprint as well as to implement a significant system upgrade to ADEPT™ 6.1 for an existing customer.
The software upgrade contract is for the Suburban Mobility Authority for Regional Transportation ("SMART") serving greater Detroit. In addition to implementing the significant new feature sets in this latest release of ADEPT™, the upgrade project will include the deployment of additional modules, enhanced customer contact automation and a complete overhaul of the Mobile Data Terminal footprint to the latest Vector 9000™ MDT.
StrataGen has also seen significant demand for its Mobile Data offering in targeted expansion markets, including a 100 MDT unit project with a non-emergency medical transportation customer on the East Coast.
"The adoption rate of our new ADEPT™ release in the market has exceeded our expectations and we are pleased that so many of our existing clients have chosen to make the transition," states Matt Scheuing, President of StrataGen Systems, Inc. "With a proven ROI on upgrades, coupled with our latest generation of MDTs, we look forward to seeing growing numbers of our customers on this exciting new platform which will continue to see additional features and innovation."
The bulk of the revenue from these contracts will be recorded in fiscal 2012, followed by customary maintenance and support provisions.
DDS's Taxi business unit, Digital Dispatch Systems, also signed contracts with a long standing Canadian customer for upgrades to its PathFinder™ dispatch system together with Vector 9000 MDT sales to two other customers. In addition, another key DDS customer of taxi systems has purchased eFleet SaaS for use in its airport shuttle operation.
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 and Work Trucks. The Company supports its customers worldwide through its offices in Canada, Finland, Singapore, Sweden, U.K. and U.S.A.
About StrataGen
Using patented technology and expertise from all levels of the industry, combined with experience gained from installations worldwide, StrataGen Systems is an international leader in the transit industry. StrataGen provides enterprise-wide and service based solutions to transit agencies of all sizes, focusing on Demand Response, ADA (Americans with Disability Act) compliant and Special Needs providers. Striving to achieve delivery of the best results possible, StrataGen prides itself on responsiveness, commitment and class leading customer service.
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.