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2014-05-20

Gowex : The GOWEX free WiFi lands on the streets of Chicago

The GOWEX free WiFi lands on the streets of Chicago

GOWEX takes its global model of Wireless Smart Cities ® (WSC) to
Chicago,
the third-largest U.S. city by population after New York and Los Angeles, and
one of the most important business hubs in the world

With
GOWEX's
arrival in Chicago, the company adds its fourth WiFi City
in
the country, a major step in its growth strategy in the North American region

The 9.5 million inhabitants in the Windy City's metropolitan
district
and its 46 million annual visitors will now will be able to enjoy the free
WiFi, similar to
other leading cities in the world such as New York, Madrid, Paris or Dubai

Madrid, May the 20th 2014

-.

GOWEX
(GOW-MAB, ALGOW-NYSE Alternext, LGWXY-OTC Market)
, a leading company in the creation of Wireless Smart Cities®, will offer free
WiFi connection in Chicago as of today, thanks to network ofmore than 450
free WiFi hotspots,
deployed mostly Downtown and the central business district.

This strategy extends GOWEXs footprintto the third-largest U.S. city by
population, after New York and Los Angeles
; Chicago also being one of the most important business hubs in the world. The
companys fourth WiFi City in the US, afterNew York,San FranciscoandMiami,
represents a major step in its growth strategy in the North American region.

The success and the accolades of the global model of Wireless Smart Cities®
(WSC) achieved by GOWEX in these cities - and the other 86 cities where the
Company is present - have weighed on the decision to expand to Chicago. GOWEX
will be able to leverage this investment thanks to the unique Smart
Advertising platforms, Roaming, Offloading and Smart City services.

Jenaro García

, CEO of GOWEX commented about this new launch that "We are very proud of our
contribution to make Chicago a hyper-connected WiFi City and a technological
reference, comparable to New York or San Francisco" and added that "with this
new project we continue to expand and strengthen our presence in the U.S., a
strategic focus for the Company due to its enormous potential amongst users
and the possibilities offered by the advertising and technological
development."
The Company recently announced the appointment ofCarlos Pujol
, former CEO of Cemusa (USA) to lead the expansion of GOWEX in North America.

'Chicago WiFi' by GOWEX

The 9.5 million inhabitants of the metropolitan area of Chicago
will be able to enjoy the new free WiFi service, which will be available in
the main districts of the downtown area(Lake View, Old Town, Cabrini-Green,
Goose Island, De Paul, Streeterville,
River north, etc.)
and in certain public spaces at the north area. A significant number of
hotspots of the network are concentrated within Near West Side community,
adyacent to 'The Loop', the main business district of Chicago, where the
Government office and thehub
of the"L", the fast transportation system of the city,
are located.

Thanks to this new service, the millions of tourists visiting Chicago -
whichrecorded more than 46 million visitors in 2013- will be able to surf for
free while visiting some of the most important attractions of the Windy city
(Magnificent Mile, Gold Coast, Navy Pier or its famous skyscrapers
etc.) or while walking on the most important shopping districts.

Users will be able to access the .FREEGOWEXWiFi network providing up to 1 Mbps
in mobile devices and the WiFi Roaming service. They will be able to connect
for free with the same username in any of the 86 WiFi Cities of the
company(New York, San Francisco, Dublin, Dubai, Paris, Madrid etc.).

In addition, the new wireless service will be an important partner for mobile
operators present in the city, allowing the data offloading through the WiFi
GOWEX hotspots in areas where the 3G/4G networks are saturated. This is a key
aspect of GOWEXS deployment considering thatChicago's mobile devices
penetration is 57%and, according to the forecasts made by Cisco,the mobile
data traffic in the U.S. will be 18 times higher in 2016.

Local Partnerships

Similar to Miami, San Francisco or New York, the key to the GOWEX network
development in Chicago has been the cooperation between different local
actors and partners, both public and private that reinforced the business
model and profit channels of GOWEX.
With the addition of Chicago as a new Wireless Smart City, the company
continues to progress towards its goal of reaching the 600 major cities in
the world in the next five years.

The GOWEX free WiFi lands on the streets of Chicago
http://hugin.info/158036/R/1787293/613625.pdf

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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

HUG#1787293

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