- 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 24, 2014 (GLOBE NEWSWIRE) -- 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".
David Villafruela Orduña
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) http://hugin.info/158036/R/1779725/608231.pdf