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2014-05-29

Gowex: GOWEX adopts Newcastle and Gateshead as new Wireless Smart Cities in the United Kingdom

* Newcastle and Gateshead add to important cities of Edinburgh and Dublin,
and to 89 other worldwide cities that have already signed-up to the GOWEX
Wireless Smart City model
* The company reached an 10 year agreement as both consistory parts can
exploit the network
* Recently, GOWEX announced Philip Brown as the company's Country Manager for
the North of Europe

Madrid, May, the 28th 2014-.

The City Councils ofNewcastle
andGateshead
have awarded GOWEX (GOW-MAB, NYSE Alternext ALGOW, LGWXY OTC Market), a
leading company in the creation Wireless Smart Cities®, the contract to
develop and manage their respective public WiFi networks. The region of
Tyneside in northeast of England, where both cities belong, is thesixth most
populous area in the United Kingdom with 829,300 inhabitants.

Newcastle and Gateshead add to the important cities ofEdinburghandDublin,
which already trust the GOWEX Wireless Smart Cities model and whose residents
and tourists are enjoying 24/7 free Internet connection."We are extremely
proud that the City of Newcastle and Gateshead have trusted
GOWEX to offer to all their citizens and visitors the best free WiFi service
in order to transform them in Wireless Smart Cities. These contracts create a
platform for GOWEX growth in the United Kingdom, as well as in the rest of
the world
" saysJenaro García
GOWEX CEO.

GOWEX bets on the United Kingdom

This new contract signed with both cities will boost GOWEX growth strategy in
the British Isles, where the company has a strong commitment to development.
The Company has obtained from both Councils a 10-year contract for the
commercial exploitation of these networks and they will work together on the
incorporation of more and more access points and partners in order to improve
the coverage and quality of service and to gradually provide WiFi coverage in
those areas most seriously affected by the digital divide.

Both Tyneside cities will offer to their citizens and visitors free WiFi 24
hours per day. The first phase will roll-out approximately 40% of the planned
access points in each city.

To support this growth, GOWEX is building resources in United Kingdom and
Ireland, starting with therecent appointment of Philip Brownto head the
operation of the Company in North Europe.

Free WiFi in NewcastleGateshead

Citizens and visitors of Newcastle-Gateshead area -over 17 million visitors
per annum- will enjoy a free WiFi connection from this summer, in some of the
busiest districts of Newcastle:Shields Road District Centre, Newcastle
centre, South Gosforth Neighbourhood
Centre, Stanhope Street Neighbourhood Centre, Throckley Neighbourhood Centre,
andTwo Ball Lonnen Neighbourhood Centre,
among others.

In Gateshead a free wireless connection will be provided in the districts
ofBeacon Lough Centre, Birtley Centre, Centre Blaydon, Chopwell Centre,
Coatsworth Road, Crawcrook Centre, Deckham Centre, Centre Dunston, Dunston
Hill Centre, Felling Centre
, andGreenside Centre
, among others.

Like in all the rest of the GOWEX networks, all users who will register for
the free WiFi service in both cities will be able to browse for free with
their unique personal profile in all GOWEX WiFi networks distributed all over
the world:Dublin, Edinburgh, New York, Chicago, Miami, San Francisco, Madrid
, and many more with a free download speed of 1Mbps.

It is worth mentioning that Newcastle is a part ofCity Mayor's list of top UK
citiesand, Gateshead is part of theEurocities networkof European cities.

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 to more than
80 cities in the world, thanks to different agreements with Public
Administrations, Franchise, Associations and Transport companies. Big capital
cities like Paris, New York, Dublin, Madrid, Edinburgh, Dubai or San
Francisco are enjoying GOWEX services in its streets.

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 €183 million in 2013, a 60%
more compared to 2012. 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's cities, and
the Geolocated 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".

Press release (PDF)
http://hugin.info/158036/R/1789381/615074.pdf

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Gowex via Globenewswire

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