DDS Wireless signs Customer Upgrades Valued at $1.1 Million Richmond, BC, December 13, 2010 – DDS Wireless International Inc. (“DDS” or “the Company”) announces today that its Taxi Business Unit, Digital Dispatch Systems, has signed significant contracts with Waterloo Taxi of Waterloo, Ontario and San Gabriel Transit Inc. of El Monte, California. The projects include upgrades of each company’s taxi dispatch systems to PathFinder™, the Company’s latest, market leading, enterprise level taxi fleet management solution. The contracts also include deployment of the Company’s newest Vector mobile data terminals to re-equip the fleets. The contracts have a combined value of more than $1.1 million, and represent the latest in over $9 million in customer upgrades for the Company’s next generation technologies in 2010 alone.Read Full Press Release |
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DDS Wireless signs $2.6 million in Contracts to Upgrade Existing Customers to Latest Generation Technology Richmond, BC, November 9, 2010 – DDS Wireless International Inc. (“DDS” or the “Company”) announces today that its Taxi Business Unit, Digital Dispatch Systems, has signed significant contracts with the Colorado Cab Company of Denver, Colorado, and Irving Holdings Inc. of Dallas, Texas. The contracts include upgrades of each company’s taxi dispatch systems to PathFinder™, the Company’s latest, market leading, enterprise level taxi fleet management solution. The contract with Irving Holdings also includes the deployment of 1,000 of the Company’s Vector™ mobile data terminals to re-equip their fleet, and a 5 year system support agreement.Read Full Press Release |
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DDS Wireless Reports Third Quarter 2010 Results - Revenue growth of 17% on record quarterly revenues of $9.7 million
- EBITDAS of $2.8 million ($0.20 per share) for the nine months ended September 30 and $1.6 million ($0.11 per share) for the quarter
- Grows earnings to $0.05 per share for the quarter
Richmond, BC, November 4, 2010 – DDS Wireless International Inc. (TSX: DD) a world leader in providing wireless data solutions for fleet management for more than 20 years, today reported financial results for the three and nine months ended September 30, 2010. All financial information is expressed in Canadian (“CDN”) dollars and Canadian generally accepted accounting principles (“GAAP”), except as otherwise noted.Read Full Press Release |
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DDS Announces $1.7 million Upgrade of European Customer. Schedules Q3 Earnings Release and Conference Call Richmond, BC, October 18, 2010 – DDS Wireless International Inc. (“DDS or the Company”) announces today that it has received an initial $1.7 million order for the Company’s latest generation Vector 9000™ mobile data terminals (“MDT”). The order is from Taxis G7 of France, one of the Company’s largest customers that has been using DDS’s technology to build its business for over 8 years. Today Taxis G7 has over 5,000 vehicles in its fleet and the Company expects to finalize an agreement before the end of the year to supply G7 with further Vector 9000™ units. The current order will be deployed to approximately 20% of G7’s fleet and it is expected that half of this order will be delivered in the current year. Read Full Press Release |
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DDS Wireless Announces Taxicab Technology Enhancement Agreement Comes to the End of Term Richmond, BC, October 14, 2010 – DDS Wireless International Inc. (“DDS”) announces today that its Taxicab Technology Enhancement Agreement with the Taxi and Limousine Commission of New York City (“TLC”) has come to the end of its term and DDS will, in cooperation with TLC, be phasing out its participation in the program. Read Full Press Release |
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DDS Wireless’ StrataGen and Digital Dispatch Units Secure $1.1 million in New Orders Richmond, BC, September 21, 2010 – DDS Wireless International Inc. (the “Company” or “DDS Wireless”) announces today that its Transit business unit, StrataGen Systems, and its Taxi Business Unit, Digital Dispatch, have closed $1.1 million in new orders. Most of these orders will ship this year, including a portion to be shipped in the 3rd quarter of 2010. Read Full Press Release |
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DDS Wireless’ StrataGen and Digital Dispatch Units sign $1.4 million in new contracts Deals strengthen StrataGen’s position as a provider for Non Emergency Medical Applications Richmond, BC, August 17, 2010 – DDS Wireless International Inc. announces today that its Transit business unit, StrataGen Systems, and Taxi business unit, Digital Dispatch Systems, have closed $1.4 million in new contract wins including two significant Transit contracts with non emergency medical providers in the United States and Sweden, and in the Taxi market, the first step of a large equipment upgrade in France and a new customer in the Boston area. Read Full Press Release |
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DDS Wireless Delivers 12% EBITDAS on Record Second Quarter Revenues of $9.4 million Richmond, BC, August 5, 2010 – DDS Wireless International Inc. (TSX: DD) a world leader in providing wireless data solutions for fleet management for more than 20 years, today reported financial results for the three and six months ended June 30, 2010. All financial information is expressed in Canadian (“CDN”) dollars and Canadian generally accepted accounting principles (“GAAP”), except as otherwise noted. Read Full Press Release |
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DDS Wireless Q2 Earnings Release and Conference Call Notice Richmond, BC, July 21, 2010 – (TSX:DD) DDS Wireless International Inc. (the “Company”) issued notice today that it will release its 2010 second quarter financial results on August 5, 2010 before 8:00 am Eastern Time. The financial statements and MD&A will be available on the Company’s website and on SEDAR at that time. Read Full Press Release |
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DDS Wireless’ Taxi Unit signs $3.8 million Contract to Upgrade European Customer Richmond, BC, June 22, 2010 – DDS Wireless International Inc. announces today that its Taxi business unit, Digital Dispatch Systems, has signed a contract with Taxi Stockholm featuring the sale of the Company’s iMax 9000™ mobile data terminals (MDTs) to replace a previous generation DDS system. The contract has a value of $3.8 million. Read Full Press Release |
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Patrick Nangle joins DDS Wireless as President of Digital Dispatch Unit Richmond, BC, June 10, 2010 – DDS Wireless International Inc. announces today the appointment of Patrick Nangle to the role of President of its Taxi business unit, Digital Dispatch. Patrick Nangle comes to DDS Wireless with a background that spans a variety of general management settings, with a particular focus on international operations. His most recent assignment was as COO responsible for North America and Japan at Neopost, a French company providing mail technology solutions with worldwide revenues in excess of $1 billion. He has significant international experience, including six years as President of Ascom Mailing Systems based in Switzerland. Read Full Press Release |
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DDS Wireless’ StrataGen Unit signs $950,000 contract Richmond, BC, June 2, 2010 – DDS Wireless International Inc. announces today that its Transit business unit, StrataGen Systems, has closed a significant contract with its existing customer, MTA New York City Transit (NYCT). Read Full Press Release |
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DDS Wireless Delivers 25% Revenue Growth in Q1 2010 Richmond, BC, May 6, 2010 – DDS Wireless International Inc. (TSX: DD), a world leader in providing wireless data solutions for fleet management for more than 20 years, today reported financial results for the three months ended March 31, 2010. All financial information is expressed in Canadian (“CDN”) dollars and Canadian generally accepted accounting principles (“GAAP”), except as otherwise noted. Read Full Press Release |
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DDS Wireless Q1 Earnings and Conference Call Notice - Matt Scheuing Appointed as Interim President of DDS WirelessRichmond, BC, April 22, 2010 – (TSX:DD) DDS Wireless International Inc. (the “Company”) issued notice today that it will release its 2010 first quarter financial results on May 6, 2010 before 8:00 am Eastern Time. The financial statements and MD&A will be available on the Company’s web site and on SEDAR at that time. The Company will 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 through May 15, 2010, by dialing 416-695-5800 / 800-408-3053 and entering access code 2024488. Read Full Press Release |
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DDS Wireless and RideCharge Partner to Provide Taxi Fleets with Advanced Booking SolutionsRichmond, BC and Alexandria, VA, April 19, 2010 – DDS Wireless International Inc. (TSX: DD), a world leader in providing wireless data solutions for fleet management for more than 20 years, and RideCharge Inc., makers of Taxi Magic, the leading nationwide electronic taxi booking service, announced today that they have signed a long term deal to provide integrated solutions for taxi fleets. Read Full Press Release |
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DDS Wireless’ StrataGen Unit signs $900,000 ADEPT enhancement contract with MTA New York City TransitRichmond, BC, April 12, 2010 – DDS Wireless International Inc. announces today that its Transit business unit, StrataGen Systems Inc., has closed a significant contract with MTA New York City Transit (NYCT). Valued at over $900,000, the contract provides for additional functionality to the existing StrataGen ADEPT™ Software system allowing New York City Transit to gain greater scheduling efficiency while achieving longer term cost savings from the system. The Paratransit Division of NYCT currently schedules up to 27,000 trips per day through its Access-A-Ride service, all of which are managed and scheduled using StrataGen’s ADEPT™ Software. NYCT has been a customer of StrataGen for over seven years, and this contract follows on a contract award from NYCT announced in January for the integration of interactive voice response with StrataGen’s ADEPTTM installation. Read Full Press Release |
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DDS Wireless’ eFleet Unit Signs Contract with Leading Limousine and Shuttle Service Richmond, BC, April 6, 2010 – DDS Wireless International Inc.’s 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. Read Full Press Release |
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DDS Wireless International Inc. announced today that Mr. Daniel Daviau has resigned from the Company’s Board of Directors.Mr. Daviau is a Principal at Genuity Capital Markets in Toronto, Ontario, and has served on the Board of DDS Wireless since May 2004. On March 4, 2010, Canaccord Financial Inc. announced a definitive agreement to acquire Genuity Capital Markets. Mr. Daviau will head Canadian investment banking under the combined entity, to be named Canaccord Genuity.” Read Full Press Release |
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DDS Wireless’ StrataGen Unit signs 2 contracts totaling $4.1 Million Richmond, BC, January 13, 2010 – DDS Wireless International Inc. announces today that its Transit business unit, StrataGen Systems Inc., has closed two significant contracts with existing customers with an aggregate value of $4.1 million. The larger contract is with MTA New York City Transit (NYCT), a long-time StrataGen customer. Valued at $3.5 million, the contract is for the addition of Interactive Voice Response (IVR) into the existing StrataGen system installed at the Authority. The Paratransit Division of NYCT currently provides up to 27,000 daily trips through its Access-A-Ride™ service, all of which are managed and scheduled using StrataGen’s AdeptTM Software. This important system expansion assists in addressing NYCT’s stated objectives for the project – “to increase the efficiency of Paratransit operations and customer services, thereby improving service response and customer satisfaction while further reducing revenue vehicle mileage requirements.” Read Full Press Release |
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DDS Wireless International Inc. (TSX: DD), a world leader in providing wireless data solutions for fleet management for more than 20 years, today reported financial results for the three months and year ended December 31, 2009.“We closed out 2009 with our seasonally strong Q4 delivering EBITDAS of $2.3 million in the quarter, demonstrating the earnings leverage that is attainable by DDS Wireless,” said Vari Ghai, CEO of DDS Wireless. “Our ability to consistently deliver year over year quarterly growth throughout 2009 was due to the growth of our recurring revenues and growth in StrataGen Systems, our Transit business unit.” Read Full Press Release |
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