DDS Wireless Reports Revenues of $8.7 million and Declares Cash Dividend of $0.02 per Share

First Quarter 2012
Revenue of $8.7 million
Net loss of $0.5 million, or $0.03 per share
EBITDAS⁽¹⁾ loss of $0.4 million, or $0.03 per share

Richmond, BC, May 10, 2012 – 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 quarter ended March 31, 2012 and announced that the Company’s Board of Directors has approved a cash dividend on the Company’s common shares (“Shares”). All financial information is expressed in Canadian (“CDN”) dollars and has been prepared in accordance with International Financial Reporting Standards (“IFRS”), except as otherwise noted.

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