- The 5,5 million people at its metropolitan area and the 12
million tourists that visit the city will have GOWEX Free WiFi
connection, like cities as New York, Madrid, Dubai or
Paris
- Miami is a priority city
for GOWEX, being a strategic commercial link between US and Latin
America
Miami,
April 24th 2014-. GOWEX
(GOW-MAB, ALGOW-NYSE Alternext LGWXY-OTC Market), leader
Company in creating Wireless Smart Cities®, keeps growing in the
United States and adds its third 'WiFi City' in the US:
Miami. This new agreement will
position Miami as a strategic city for GOWEX in the country and
will open the way for the development of new business and
alliances. In addition, due to the consideration of Miami as the
capital of Latin America within the United States, an important
commercial link for the company that will facilitate the flow
between the north and south of the American continent will be
established.
In March 2013, after signing an agreement to
deploy 2.000 Smart WiFi Zones at New York (project where the Big
Apple's City Council wanted to take part in September 2013), GOWEX
landed in June of last year in San Francisco. Today, GOWEX could
show off about its new 'WiFi City' in the USA, because next May the
company will deploy its WiFi network at Miami, in order to provide
its services in the North American tropical paradise.
"Personally, I feel very comfortable at Miami, I
have a special fondness because it was the city in which I
initiated and developed a big part of my business and career"
stressed Jenaro Garcia, CEO and founder of GOWEX, who also said
"Miami is a very important and strategic link between the U.S. and
Latin America"
GOWEX Wireless Smart Cities® (WSC) global model
success and recognition in the American cities (and at the other 85
cities where the Company is present) have been decisive facts to
deploy the project at Miami. As in other cases, GOWEX will make
profitable the investment effort of that have been carried out for
this project, thanks to the following incomes:
- Advertising Incomes: thanks to the Smart
Advertising platform that will maximizing the use of the American
ad market, the largest in the world
- Roaming and Offloading Incomes: as a result of
the 150 agreements between GOWEX and carriers participating at the
Roaming Platform, as Oi Brasil, AT&T or Deutsche Telekom
- Incomes belonging from the Smart City services:
incomes obtained from the smart services provided with the
GOWEX Wireless Smart Cities® platform
Free WiFi all over Miami's
main Districts
GOWEX network will cover the main city's districts
and emblematic streets through its Smart WiFi Zones. Every
smartphone or tablet user will be able to get a Free WiFi
connection in around 400 hotpots, distributed in Lenox Avenue,
Biscayne Boulevard, Collins Avenue., Miracle Mile, and Flagler
Street or at Ocean Drive, one the most symbolic avenue.
Miami receives 12 million visitors per year and
has 5, 5 million inhabitants in its metropolitan area, and all of
them will be able to connect to GOWEX Free WiFi. And, as in all
GOWEX networks, any user with an account will get a 1 Mbps speed
connection for free and will have other Premium options.
The propitious weather (3.000 hours of sun per
year), and its intense "street" life -in comparison with the
remaining states in the country-, as its importance as a financial
and tourist hub, have make Miami the ideal location to deploy the
company's network. The potential use per inhabitants and the
attractiveness of the place as a touristic destination match
together as the perfect elements to make Miami a success model case
for GOWEX.
PPP: Public Private
Partnership
Just the same as it has been done in New York or
San Francisco, the key to develop the GOWEX Free WiFi services at
Miami, has been the collaboration between different local actors
and partners (public and private), which have given the strength to
GOWEX business model.
With Miami as new Wireless Smart City, the Company
keeps its path to archives the 300 worldwide capital cities goal on
a medium term. GOWEX capacity is every day more global, allowing
users to connect in Madrid, New York, Paris, San Francisco or
Edinburgh, etc, or in any of its 85 Wireless
Smart Cities® around the world.
About GOWEX (GOW-MAB,
ALGOW-NYSE Alternext, LGWXY-OTC Market)
GOWEX has operated in the
telecommunications sector for 15 years. The Company is currently
leading the creation of Wireless Smart Cities, offering free and
premium WiFi connectivity in streets, public spaces, public
transport and stations. GOWEX is now exporting its innovative
business models at 85 cities in the world, thanks to different
agreements with Public Administrations, Franchise, Associations and
Transport companies.
The company works to create
Wireless Smart Cities ® (WiFi Smart Cities), offering free WiFi
access to citizens, improving the services given through wireless
connectivity: online meter reading, traffic light control, public
transport fleet management, video surveillance and so
on.
In 2010, GOWEX became the
first and only Spanish SME making a "dual listing," publicly traded
in MAB (GOW) and NYSE-Alternext (ALGOW). The company's total
revenue amounted to €114, 1 million in 2012, a 71% more compared to
2011. In December 2012, GOWEX subscribed a €18 million capital,
adding 1,528,404 new common shares to the market. In February 2012,
the Securities and Exchange Commission (SEC) approved the emission
of the ADR's program (American Depositary Receipt) allowing the
Group to be quoted in the USA's market OTCQX.
Having offices in Madrid,
Paris, Dubai, London, Buenos Aires, Shanghai and Costa Rica, GOWEX
develops a sustainable business model in its WiFi networks, based
on the efficient and technical quality of their patented platforms:
the Roaming Platform, which allows users to connect freely in GOWEX
cities, and the Geolocation Content and Advertisement Platform,
which provide financing system through marketing and advertisement
agreements.
In 2011, GOWEX joined the
Wireless Broadband Alliance and received a prize for being the
"Best Company" on the Internet Day. In 2013, the company was
rewarded as "Best New listed Company" in the first edition of the "
European Small *Mid-Cap Awards".
Contact:
David Villafruela
Orduña
Communication Officer
Tlf.+34 635 581 653
GOWEX España (Sede Central)
Paseo de la Castellana, 21 28046 Madrid (Spain)
T.+34 91 360 14 70
Press release (PDF)
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The issuer of this announcement warrants that they are solely
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information contained therein.
Source: Gowex via Globenewswire
HUG#1779725