Vancouver, BC, September 12, 2011--(T-Net)--DDS Wireless International Inc. (TSX:DD) announced the appointment of Ms. Caroline Dunn as Chief Financial Officer of the Company, effective immediately.
Caroline has held CFO positions with leading Canadian companies, both public and private, during the past 15 years. She was with Sierra Systems Group Inc. from 1998 to 2006 where she held various executive positions including Chief Financial Officer of the company, and was most recently CFO at Courtyard Group, a provider of healthcare consulting services. She also spent 10 years in public practice with Coopers & Lybrand in Canada and Ernst & Whinney in Scotland. She is a Chartered Accountant (Scotland), has a Bachelor of Accountancy degree from Glasgow University and serves on the board of a pan-Canadian non-profit organization.
"I am excited to have Caroline join our senior management team," said Mr. Vari Ghai, CEO of the Company. "She brings to DDS her expertise and experience in financial reporting and public markets along with a very pragmatic approach to business."
Caroline Dunn commented, "I am delighted to join such a well developed management team in a rapidly growing company."
Caroline's appointment is on a contract basis through the end of 2011 at which time the position may be extended or made permanent upon mutual agreement.
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.
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.
DDS Wireless International Inc.
DDS Wireless International Inc.
Chief Financial Officer