Let's Gowex S.A. (LGWXY: OTCQX International Premier) |

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Let's Gowex S.A. (LGWXY: OTCQX International Premier) | GOWEX and Cisco Announce Global Strategic Relationship to Boost Smart Wi-Fi Connectivity Solutions for Cities

GOWEX and Cisco Announce Global Strategic Relationship to Boost Smart Wi-Fi Connectivity Solutions for Cities

 

  • This strategic relationship will help build out new Wireless Smart Cities projects in the major world regions in coming years

 

  • Using high-quality wireless technology and innovative business models, both companies will change the way cities offer Wi-Fi and IoE (Internet of Everything) solutions

 

  • For the f irst project under the new initiative, GOWEX and Cisco will work with the Wireless Smart City "Dubai Airport Freezone Authority (DAFZA)", to provide the necessary infrastructure for smart services and M2M communications

 

Madrid, June 18, 2014-. GOWEX (GOW-MAB, NYSE Alternext ALGOW, LGWXY OTC Market), the leader in creating Wireless Smart Cities, and Cisco announced today that the two companies will promote a comprehensive smart Wi-Fi connectivity solution for cities and their citizens.   GOWEX will become a Cisco? Smart+Connected Communities? (S+CC) global strategic partner.

 

"We are pleased to announce Cisco?s participation in the GOWEX Smart Cities project, which will help drive the company towards its goal of bringing a free and smart Wi-Fi connection to 600 cities by 2018. We will position ourselves together as a global Internet reference for cities wishing to offer free Wi-Fi connection and smart services to its citizens and visitors," says Jenaro Garc?a , GOWEX CEO. This collaborative approach will significantly increase GOWEX?s current pipeline of city projects which are in different stages of negotiation, and which has almost doubled since 2013. The sustainable GOWEX model is already operating successfully in more than 90 cities worldwide.

 

This strategic relationship will further the efforts of new Smart Cities projects in the major world regions in the coming years. In addition, it will allow for faster development on a combined smart Wi-Fi connectivity solution, to generate significant business opportunities.

 

? More than 50 percent of people live in urban areas today, and Smart Cities worldwide are competing for sustainable, economic and social urban services now as their populations rise rapidly,? said Wim Elfrink , Cisco?s EVP of industry solutions and Chief Globalisation Officer. ?Cisco?s strategic relationship with GOWEX creates a powerful framework for an end-to-end, Internet of Everything solution for urban services. The combination of proven network infrastructure and critical applications not only can optimize all types of urban services but also provide citizens with a better, more connected quality of life.?

 

Global Smart City solution

 

The combination of the Cisco Internet of Everything ecosystem, and innovative business models, provided by GOWEX, will create a more efficient and effective urban services offer to improve quality of life for citizens. This new model can then help influence the way cities enable Wi-Fi and IoE (Internet of Everything) solutions through various S+CC deployments (such as smart transport and parking, urban safety, traffic management, and smart tourism).

 

GOWEX brings a model of differentiation and an attractive business for cities that can provide Wi-Fi and intelligent geo-located mobile content services for free. The GOWEX model of monetization is based on multi-year commercial exploitation contracts, with a revenue income resulting from hosting services such as the geo-located advertising platform, the roaming and offloading platform, and the Wireless Smart Cities platform.

 

Through this agreement, GOWEX will widen its global presence in vertical markets (retail, sports and entertainment, etc.). The first Smart Cities project under the new collaboration is being deployed at "Dubai Airport Freezone Authority (DAFZA)."   For this project, Cisco has provided the necessary infrastructure to provide M2M communications and smart services to its citizens and workers.

 

Re-imagining cities

 

The two companies? agreement will be announced at the New Cities Summit Dallas 2014 , a world renowned roundtable event focused on showcasing the best ideas for the future of cities and on generating particular and scalable solutions that can be adopted and replicated across the world. The agreement will be discussed during the round table where Jenaro Garc?a , CEO of GOWEX, will be a panelist.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

BETR's Slide: Investors Face Big Losses, Leadership Shift

Updated Category News Views 206

BETR Investors Left in the Lurch It's a real trainwreck, folks. Better Home & Finance Holding Company, trading under NASDAQ:BETR, is in the spotlight for all the wrong reasons. The company expanded the class period for its investor lawsuit to include even more dates between March and August 2026, reflecting a torturous ride for shareholders. Their stock cratered by a...

Continue Reading
Novo's Research Unlocks New Insights into Food Noise

Updated Category News Views 376

Unpacking the Science Behind Food Noise When folks think about losing weight, most picture shedding pounds and fitting into those elusive smaller jeans. But get this—there’s a curveball called ‘food noise’ that’s making waves in obesity treatment. Novo Nordisk’s semaglutide injections are shaking things up, cutting down on those persistent thoughts about food....

Continue Reading
WeaveGrid Powers EVConnectNC: Charging Incentives Launched

Updated Category News Views 177

Transforming Utilities with EVConnectNC In a fresh move by WeaveGrid, North Carolina's Electric Cooperatives have teamed up to roll out EVConnectNC. This innovative program aims to manage the burgeoning demand for electric vehicle (EV) charging in rural and suburban areas under North Carolina's cooperative umbrella. Think of it as a smart way to handle new loads without...

Continue Reading
Lilly's Obesity Breakthroughs: A Step Beyond the Scale

Updated Category News Views 243

Pushing the Boundaries of Obesity Treatment Alright, let's cut through the noise and get to what really matters here. Eli Lilly is taking on obesity treatment like it's Clash of the Titans at this year's ObesityWeek 2026 in Washington, D.C. Forget just dropping pounds—Lilly wants to reshape how we think about obesity entirely. They're not just leaning into the scale,...

Continue Reading
Webull Faces Class Action: Key Details for Investors

Updated Category News Views 254

What's Really Going on With Webull? When you hear there's a class-action lawsuit brewing, you know something's gone real sideways. Webull Corporation (NASDAQ: BULL) finds itself neck-deep in a securities fraud class action alleging some dicey dealings with China. If you've got skin in the game—and if you bought Webull stock between April 26, 2025, and October 6,...

Continue Reading
Servier's Data on Tovorafenib Shows Promise in pLGG

Updated Category News Views 433

New Light on a Critical Challenge Talk about a fight in the dark. Pediatric low-grade glioma (pLGG) is a menace that families dread, an uphill battle with odds that feel relentless. Enter Servier and its four-year updated data on OJEMDA® (tovorafenib), a beacon of hope for kids battling these tricky brain tumors. Results, presented at the SNO meeting, are fresh off the...

Continue Reading
El Pollo Loco Faces Class Action Over Wage Practices

Updated Category News Views 407

Alright, here's where things start sizzling—El Pollo Loco, the fast-food chicken chain whose name translates to 'The Crazy Chicken'—is in a legal pickle. The lawsuit hanging over their heads could spell a sticky situation for them and possibly ripple through the fast-food industry. The suit, filed by the steadfast firm Blumenthal Nordrehaug Bhowmik De Blouw LLP, has...

Continue Reading
HONGQI's EHS4 Launch in Europe: Bridging East and West

Updated Category News Views 168

Revving Up a New Chapter: HONGQI in Venice There's a new player in the European automotive scene, and it's rolling in with more style than a Venetian gondola. HONGQI, a name that's been turning gears in China since '58, is packing its suitcases full of Eastern elegance and landing straight in Venice with the all-electric EHS4. On November 16, the brand is set to unveil...

Continue Reading
Novo's CagriSema Trial Shows Promising Obesity Results

Updated Category News Views 392

Novo's Latest Weight Loss Gamble Well, look what we have here. Novo Nordisk is shaking up the obesity treatment scene with some bold numbers from their REDEFINE 9 trial. The investigational CagriSema combo of amylin analog and GLP-1 receptor agonist has churned out an eyeball-popping near 21% weight loss. For context, we're staring down the barrel of numbers far meatier...

Continue Reading
Advanta's Game-Changer: Acquiring Misr Hytech to Expand in Africa

Updated Category News Views 338

Advanta's Strategic Move into Africa Alright, let's cut to the chase. Advanta is making a big splash with its acquisition of Misr Hytech, a move that's going to shake things up in Africa's agricultural sector. This isn't just another merger to gloss over with your morning coffee. We're talking about a deal that's supposed to wrap up by January 31, 2027, bringing together...

Continue Reading

Top 5 Most Recently Viewed Articles

Viatris Launches Cash Tender Offers for Outstanding Notes

Updated Category News Views 56

Viatris Launches Cash Tender Offers for Outstanding Notes Viatris Inc. (NASDAQ: VTRS), a leading player in the global healthcare sector, has initiated tender offers to acquire certain outstanding notes. This move is designed to strengthen its financial framework and enhance returns for its shareholders. Notably, the offers include various senior notes that were originally...

Continue Reading
Coke Florida Launches Joyful Holiday Caravan Across Florida

Updated Category News Views 239

Coke Florida Kicks Off Holiday Spirit with Caravan Tour Coca-Cola Beverages Florida, LLC (Coke Florida) is thrilled to share that its beloved annual "Holiday Caravan" is set to return. This event, which has become an essential part of the holiday season, features the iconic Coca-Cola red delivery truck decked out in festive cheer. Families will enjoy complimentary samples...

Continue Reading
Nexxen to Join RBC Conference, Share Insights on Technology

Updated Category News Views 68

Nexxen's Upcoming Participation at RBC Global Conference Nexxen International Ltd. (AIM/NASDAQ: NEXN), a leading global advertising technology platform, is geared up to take part in a significant event, the RBC Global Technology, Internet, Media and Telecommunications Conference. This event provides a stellar opportunity for companies to connect with investors and share...

Continue Reading
GayVeterans.us Obtains 501(c)(3) Status to Broaden Support

Updated Category News Views 125

GayVeterans.us Achieves 501(c)(3) Tax Exempt Status GayVeteransUS-Inc. has recently been granted 501(c)(3) tax-exempt status, marking a significant milestone for the organization. This designation enables supporters to make tax-deductible contributions, strengthening the community's ability to provide enhanced resources and support. The dedication of veteran volunteers...

Continue Reading
Virbac Expands Portfolio with Acquisition of Felanorm Solution

Updated Category News Views 130

Virbac Enhances Its Offerings with Felanorm Acquisition Virbac has announced a significant acquisition that marks a pivotal moment in its commitment to improving the health and quality of life for senior cats. This globally recognized drug is aimed at treating feline hyperthyroidism, a condition that is becoming increasingly common in older cats. Understanding Feline...

Continue Reading