MISSISSAUGA, ONTARIO–(Marketwired – Dec. 19, 2014) –
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES
DataWind Inc. (“DataWind” or the “Company“) (TSX:DW) announces that it has changed its auditor from BDO Canada LLP (the “Former Auditor“) to Deloitte & Touche LLP (the “Successor Auditor“).
On December 1, 2014, the Former Auditor notified the Company that it resigned as the auditor of the Company. Following the Former Auditor’s resignation, the board of directors of the Company appointed the Successor Auditor as the Company’s auditor effective December 11, 2014 until the close of the next annual general meeting of the Company.
There were no reservations in the Former Auditor’s reports on any of the Company’s financial statements relating to the period during which the Former Auditor was the Company’s auditor. There were no reportable events between the Company and the Former Auditor.
The Company’s audit committee and the board of directors of the Company have approved the resignation of the Former Auditor. Pursuant to National Instrument 51-102 – Continuous Disclosure Obligations, the notice of change of auditor, together with the letter from the Former Auditor and the letter from the Successor Auditor have been reviewed by the Company’s audit committee and board of directors and are available on SEDAR.
About DataWind
DataWind is a leader in low-cost Internet connectivity for emerging markets. DataWind’s mission is to bring the Internet, which has the ability to create tremendous social and economic benefits, to billions of unconnected people in the developing world. The Company’s Internet Delivery Platform offers a low-cost Internet browsing solution by bundling an affordable tablet device with an inexpensive, pre-paid, 2G Internet service plan. DataWind is traded on the Toronto Stock Exchange (TSX:DW). For more information visit www.datawind.com.
No securities regulatory authority has either approved or disapproved the contents of this press release.
Chief Financial Officer
(613) 277-3266
dan.hilton@datawind.com
www.datawind.com
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