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DDS Wireless Announces Several Significant Taxi Deals

DDS Wireless (TSX: DD) is pleased to announce that its taxi business unit, Digital Dispatch, recently signed three significant customers for its TaxiBook(TM) bundled subscription service. The largest of these is Tectrans Inc. of Los Angeles, which has contracted for 90 vehicles and is utilizing TaxiBook(TM) as a platform to integrate newly acquired taxi fleets. All of these deals are significant as they represent deployments well in excess of the current average fleet size for TaxiBook(TM) and demonstrate the flexibility, scalability and rapid deployment of the solution.

"TaxiBook(TM) is a central part of our strategy to grow our business. It enables us to quickly integrate new fleets and drive improvements in efficiency, reduce costs, and increase revenues. We are able to deploy TaxiBook(TM) in extremely short order allowing us to quickly realize a return on investment", stated Salvatore Palma, Vice President of Taxi Operations, of Tectrans, Inc.

Digital Dispatch has also been awarded a contract with a large taxi and limousine operator with over 1,000 vehicles in a major US travel destination. The contract covers the installation of Digital Dispatch's Pathfinder(TM) taxi dispatch system and an initial deployment of mobile data terminals for 130 vehicles.

These contracts have a combined value of approximately $800,000.

Q3 2009 Earnings Release and Conference Call Scheduled

DDS Wireless will announce its 2009 third quarter financial results on November 5, 2009 before the market opens. The financial statements and MD&A will be available on the Company's web site and on SEDAR at that time. The Company will also host a conference call at 12:00 PM Eastern time on the same day to discuss the financial results. Please call 416-340-8061 / 866-225-0198 to participate in the call. A replay of this conference call will be available until November 14, 2009, 11:59PM, by dialing 416-695-5800 or 800-408-3053 and entering access code 2024488.

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, India, 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.

Visit www.ddswireless.com for more information.

The Toronto Stock Exchange has neither approved nor disapproved the contents of this press release.

Contacts:
DDS Wireless International Inc.
Jim Zadra, CA
CFO
(604) 241-1441
investors@ddswireless.com
www.ddswireless.com


SOURCE: DDS Wireless International Inc.

mailto:investors@ddswireless.com
http://www.ddswireless.com

Copyright (C) 2009 Market Wire. All rights reserved

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Related terms: business, california, canada, communications, conference, contract, earnings, financial results, finland, india, investment, market, president, singapore, software, subscription, sweden, travel, web, wireless

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