DDS Wireless' StrataGen Announces Over $800,000 in Contracts
(firmenpresse) - RICHMOND, BRITISH COLUMBIA -- (Marketwire) -- 09/08/11 -- DDS Wireless International Inc. (TSX: DD) ("DDS" or "the Company") announces today that its Transit business unit, StrataGen Systems Inc., has closed on several deals initially valued at over $800,000. These deals include a full end-to-end systems sale to a rural customer in Oregon, a wireless infrastructure expansion in Colorado as well as national pilot initiatives in non-emergency medical transportation.
The largest of the contracts is with Regional Transportation District ("RTD") in Denver, Colorado to upgrade the paratransit mobile data system. The project calls for upgrading RTD's paratransit fleet to full public data networks access and includes a recurring services revenue component.
These wins further underscore one of the Company's objectives of leveraging vertical applications such as StrataGen's ADEPT™ transit platform into full end-to-end solutions including mobile data infrastructure and related services. This initiative is bolstered by the success of the Company's top-of-the-line Vector 9000™ mobile data terminals which have seen great market success in paratransit and related markets, aided by their ability to seamlessly bridge private and public data networks.
A key component of the full solution is StrataGen's latest release, ADEPT™ 6.1, a powerful platform for managing the complex and dynamic operating conditions of transit providers both small and large. Built on a Microsoft SQL Server 2008 platform, ADEPT™ 6.1 offers a flexible user-friendly reporting environment via Microsoft Reporting Services. The new release also includes a significant number of enhancements such as integration of automated GPS travel speed profiles for route planning, deeper support for non-emergency medical providers including taxi companies and a new trip brokering module.
StrataGen anticipates that many of its customers will be upgrading to the new offering over the next twelve to eighteen months.
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 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.
Contacts:
DDS Wireless International Inc.
Investor Relations
(604) 214-7275
DDS Wireless International Inc.
Vari Ghai
Chief Executive Officer
(604) 241-1441
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Datum: 08.09.2011 - 12:00 Uhr
Sprache: Deutsch
News-ID 63541
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Cable & Satellite Services
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