MISSISSAUGA, ON--(Marketwired - Jul 28, 2015) - DataWind Inc. (
"Our patented technology allows us to deliver broadband Internet across India's existing 2G infrastructure to the over 750 million people currently without internet access," commented Raja Tuli, Datawind's CTO and co-founder. "This unique technology has allowed us to double the sales of internet-enabled products over the last year, and has made us the largest tablet provider in India behind only Samsung."
"Given our progress and the opportunity ahead, we have engaged this team of experienced professionals to help us navigate the capital markets and increase our institutional investor awareness. Liolios Group helps companies like DataWind deliver the right message to the right audience, and by establishing high-quality relationships with influential members of the financial community."
Over the course of the next several months, Liolios Group will work closely with DataWind senior management to develop and execute a comprehensive capital markets strategy. Activities will include messaging and corporate positioning, strategic advisory and introductions to new investors and key influencers in the capital markets.
Liolios Group will also assist in scheduling financial conferences over the next several months including the firm's Gateway Conference being held September 9-10 in San Francisco.
For additional information about DataWind, contact Liolios Group at 949-574-3860 or email DW@liolios.com.
About Liolios Group
Liolios Group, Inc. is a highly selective and comprehensive investor relations firm specializing in small-cap companies. The firm aims to deliver superior performance in corporate messaging and positioning, investor awareness, analyst and financial press coverage, and capital attraction. Founded in 1999, Liolios Group executives have extensive experience in finance and investments, and represent clients in a wide range of industries, including technology, digital media, consumer/internet retail, healthcare/life sciences, natural resources, financial services and business services. For more information about Liolios Group, please visit www.liolios.com.
DataWind is a leader in low-cost Internet connectivity for emerging markets. DataWind's mission is to bring the Internet, which has the ability to create tremendous social and economic benefits, to billions of unconnected people in the developing world. The Company's Internet Delivery Platform offers a low-cost Internet browsing solution by bundling an affordable tablet device with an inexpensive, pre-paid, 2G Internet service plan. DataWind has been named to MIT Technology Review's 2014 annual list of 50 Smartest Companies of the world's most innovative technology companies and has received acknowledgement at several prestigious fora including Mobile World Congress, UKTI Annual Awards for Most Innovative companies, CTIA Wireless Show, Forbes Impact 15 List to name a few.
DataWind has offices in London, UK; Montreal and Mississauga, Canada; and Amritsar and New Delhi, India.
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking information includes information with respect to our goals, beliefs, plans, expectations, anticipations, estimates and intentions. Forward-looking information is identified by the use of terms and phrases such as "may," "would," "should," "could," "expect," "intend," "estimate," "anticipate," "plan," "foresee," "believe," and "continue," or the negative of these terms and similar terminology, including references to assumptions. Please note, however, that not all forward-looking information contains these terms and phrases. Forward-looking information is based upon a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond our control. These risks and uncertainties could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, the risk factors identified in the Company's prospectus dated June 27, 2014, which is available on the SEDAR website at www.sedar.com. Consequently, all of the forward-looking information contained herein is qualified by the foregoing cautionary statements, and there can be no guarantee that the results or developments that we anticipate will be realized or, even if substantially realized, that they will have the expected consequences or effects on our business, financial condition or results of operation. Unless otherwise noted or the context otherwise indicates, the forward-looking information contained herein is provided as of the date hereof, and we do not undertake to update or amend such forward-looking information whether as a result of new information, future events or otherwise, except as may be required by applicable law.
No securities regulatory authority has either approved or disapproved the contents of this press release/media advisory.
Chief Financial Officer
Liolios Group, Inc.