RICHMOND, B.C. -- DDS Wireless International Inc. recently disclosed that its New Markets business unit, DDS eFleet Services Inc., has signed several important contracts for the deployment of mobile data terminals and a total of 133 new subscription contracts with five-year terms.
The majority of the contract value comes from three new customers in the limousine industry. Each operates a substantial luxury transportation fleet, one in San Diego, another in New Orleans, and the third in Vancouver, B.C. The remainder of the contract value comes from two existing customers adding additional eFleet subscriptions to accommodate growth in their fleets.
"We're pleased to see continued adoption of eFleet's industry leading functionality among prestigious luxury transportation providers throughout North America," said Ray Fast, President of DDS eFleet Services Inc. "We're also very gratified to see existing customers realizing the value of eFleet and expanding their deployments."
eFleet has established itself in several important markets including limousines, shuttle bus services, and work trucks. These bundled solutions, sold on a subscription basis, feature the company's hosted web applications bundled with its mobile data terminals. These recent contract wins are key to the Company's strategy of building on its already significant base of recurring revenue.
About DDS Wireless International Inc.
DDS Wireless International Inc. provides application software for multiple vertical markets within the transportation industry. It 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 three business units dedicated for Taxi, Transit and New Markets such as limousines and work trucks. The company supports its customers worldwide through its offices in Canada, Finland, Singapore, Sweden, U.K. and USA.