RICHMOND, BRITISH COLUMBIA -- (MARKET WIRE) -- Mar 29, 2011 -- DDS Wireless International Inc. (TSX: DD) ("DDS" or "the Company") announces today that its DDS eFleet Services business unit ("eFleet") has signed a Subcontractor Agreement with GeoDecisions, a division of Gannett Fleming, Inc., to jointly supply an integrated dispatch and fleet management system to a Fortune 50 US manufacturing company.
The subcontract awarded to eFleet is worth $850,000 and includes an order for the Company's industry leading Vector 9000™ Mobile Data Terminals shipped in December 2010. The system also includes eFleet's web-based dispatch and fleet management software and wireless data communications management which are contracted for on a subscription basis over a 3 year term. eFleet will work with GeoDecisions to integrate and host a full suite of applications that enable the end user to dispatch and manage the end customer's fleet of personnel transportation vehicles and their fleet of package delivery vehicles.
eFleet was selected for its comprehensive functionality in the form of an easily deployed turn-key hosted service with features for both passenger and goods transportation. By providing digital trip dispatching, text messaging, GPS tracking, GPS navigation, and integration with package ID scanners, the eFleet solution enables significantly improved fleet management and efficiency gains in terms of increased utilization of fleet vehicles and more efficient dispatching and scheduling.
"We are very pleased to have been selected as a subcontractor to GeoDecisions and as a key provider of the overall solution to this leading manufacturer, who has been a customer of DDS for the past twenty years," states Ray Fast, President of DDS eFleet Services. "Given the size and diversity of the end customer 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 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.
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 an 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.
GeoDecisions is an award-winning information technology company specializing in geospatial solutions. They deliver strategic geographic information systems (GIS) and information technology (IT) solutions and applications to empower defense, homeland security, transportation, state, county, municipal, and commercial clients to make smarter, more-informed decisions. GeoDecision's experienced staff of more than 150 professional consultants, analysts, and developers has a complete understanding of integrating this spatial information with cutting-edge technology for the business markets they serve.
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. Investor Relations (604) 214-7275 Email Contact DDS Wireless International Inc. Jim Zadra, CA Chief Financial Officer (604) 241-1441 www.ddswireless.com