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Wi2Wi Announces Full Production with Major Global Leader in Business-Class Fleet Management
Wi2Wi Announces Full Production with Major Global Leader in Business-Class Fleet Management ...
About this update from Wi2wi Corp.
[{"type":"text","content":"Wi2Wi Announces Full Production with Major Global Leader in Business-Class Fleet ManagementWi2Wi Announces Full Production with Major Global Leader in Business-Class Fleet Management\nToronto, ON Canada, August 13, 2013 /FSC/ - Wi2Wi Inc. (YTY - TSX Venture),is pleased to announce that a leading global fleet management company with dominant presence at all major airports worldwide is in full production with Wi2Wi?s WiFi-Bluetooth product.  Wi2Wi has shipped over 120,000 units to-date for the North American and European fleets of this Marquee customer.  The expected initial phase over the next few years is up to approximately 500,000 units for their cars, with an upside potential of a total of up to one million units for the existing fleets worldwide.  Wi2Wi products are embedded as part of an in-dash communications equipment and in-car technology.  In addition, it is expected that recurring annual revenue will continue as a consequence of new car purchases both for growing the fleet as well as replacing older cars in the fleet.\nChief Executive Officer Dr. Reza Ahy stated that ?WiFi and Bluetooth will be the main means of in-car networking communications and infotainment, combined with mobile wireless such as 3G & 4G connecting the car to the network.  This constitutes a multi-billion dollar opportunity for in-car technologies.  Wi2Wi is pleased to be serving our Marquee customer who is a visionary leader in the fleet management and who leverages innovations and technology to set the pace for their industry?s major new trends.  WiFi deployment in their fleet initially for in-car technology, is also aligned with the major trends in the auto industry globally and IEEE emerging standards for not only in-car networking but also the emerging real-time vehicle-to-infrastructure and vehicle-to-vehicle communications including intelligent highway transportation systems.  Wi2Wi?s industrial-class product portfolio is well-matched to the requirements of these rapidly growing Auto Industry needs.?\nWi2Wi Chairman Dr. Hans Black stated, ?Wi2Wi?s leadership has a clear vision and understanding of major global technology, markets, and applications trends.  It is gratifying to see Wi2Wi?s products implemented by an industry leader who is well-known fo...