DataWind Appoints Technology Veteran Jerry Tarasofsky to Board of Directors

MISSISSAUGA, ON, Aug. 18, 2016 (GLOBE NEWSWIRE) -- DataWind Inc. (TSX:DW), the leader in delivering Internet access to emerging markets, has appointed Jerry Tarasofsky to its board of directors.

Tarasofky is a pioneer of the computer industry having spent the last 40 years in technology retail, software development, and executive and business consulting.

“As DataWind enters its next phase of development with the recent launch of our mobile app, we are pleased to bring a technology entrepreneur with public company experience to our board of directors," commented Raja Tuli, Executive Co-Chairman. “Jerry’s wealth of disruptive technology knowledge and executive management consulting experience makes him a valuable addition to our board.”

Currently Tarasofsky serves as chief executive officer of CSI Diagnostics, a business management consulting firm, which he co-founded in 2010. Prior to that, he co-founded, served as president and chief executive officer of iPerceptions, a customer analytics company which traded publicly on the TSX Venture Exchange.

Before that, Mr. Tarasofsky co-founded and was chief executive officer of Capability Snapshot Inc., a privately held company that conceived and developed a unique methodology for evaluating organizations’ capabilities. Tarasofsky also co-founded and was president of Mage Centers for Management Development, an international management consulting firm, and co-founded and was president of Compucentre Inc., one of the first computer and electronic retail chains, with 50 locations across Canada.

Tarasofsky replaces Chander Dhawan, who stepped down from the board. With this appointment, DataWind’s board composition now consists of four independent directors and two internal directors.

"On behalf of the entire Board of Directors, I would like to thank Mr. Dhawan for his contributions to the company and we wish him well," added Tuli.

About DataWind
DataWind, Inc. is a leader in providing affordable mobile Internet connectivity in emerging markets. The company's patented, cloud-based technology reduces up to 97% the amount of data needed for web browsing, providing a broadband experience on any network -- even on legacy 2G networks that are still prevalent in developing countries. DataWind also provides economical smartphones and tablets that come bundled with one year of unlimited Internet access, making it the largest tablet provider in India. DataWind's unique solution offers broad social and economic benefits for the billions of people around the world for whom an Internet connection was previously out of reach. DataWind is traded on the Toronto Stock Exchange (TSX:DW). For more information, visit www.datawind.com.

Company Contact:
Dan Hilton
Chief Financial Officer
DataWind Inc. 
+1(613) 277-3266
dan.hilton@datawind.com

Investor Relations:
Michael Koehler
Liolios 
+1(949) 574-3860
DW@liolios.com

08/18/2016 9:00

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