GOWEX : The Spanish Government awarded GOWEX by its business model and global vision

The Spanish Government awarded GOWEX by its business model and global vision GOWEX has been awarded as START-EX with a global vision during "Global Forum Spain" first edition GOWEX bets since the beginning for its Wireless Smart City international business model strategy and, since 2013 S1, 56% of its business was outsider Jenaro García, CEO of GOWEX, will receive the award next Monday on the Forum's closing session, which will be handled by the General Director of Commercer and Investment, Antonio Fernández-Martos Madrid, 27th of February 2014-...

The Spanish Government awarded GOWEX by its business model and global vision

 

GOWEX has been awarded as START-EX with a global vision during "Global Forum Spain" first edition

 

GOWEX bets since the beginning for its Wireless Smart City international business model strategy and, since 2013 S1, 56% of its business was outsider

 

Jenaro García, CEO of GOWEX, will receive the award next Monday on the Forum's closing session, which will be handled by the General Director of Commercer and Investment, Antonio Fernández-Martos

 

Madrid, 27th of February 2014-. GOWEX (GOW-MAB, ALGOW-NYSE Alternext, LGWXY-OTC Market), leader Company increating Wireless Smart Cities® will receive START-EX award with a global vision during the Global Forum Spain first edition which will take place next Monday 3^rd of March at the Museum Guggenheim of Bilbao.

START-EX Awards

During the Forum, the Spanish Government decided to award those companies which have been established in Spain, as GOWEX did, and which started their business model according to a global vision and an export capability. The recognition prize is dedicated to those companies which knew how to construe globalization as an advantage and a growth source, and not as a menace or an impediment. Thus, since its beginning, GOWEX always bet for an international strategy business model focused on Wireless Smart Cities. During the 2013 S1, 56% of its business was outsider.

Jenaro García, CEO of GOWEX, will be the one receiving the award at the event's closing session, which will be presented by Antonio Fernández-Martos, General Director of Commerce and Investments. The Presidential table will be integrated by the Spanish Government President, Mariano Rajoy, the Spanish Minister of Economy and Competitiveness, Luis de Guindos, and the State's Secretary of Commerce, Jaime García-Legaz.

"We are proud of receiving an award that backs up our international expansion strategy, supporting the goal to reach 300 worldwide reference cities on a medium and long term", says Jenaro García.

Recently, the Chamber of Commerce of Spain in France awarded GOWEX as Best SMEs.

Entradas.com, LlaoLlao and RUSTICAE complete the awarded companies list.

Global Forum Spain

The first Global Forum edition "Spain: from Stability to Growth" is organized by the Minister of Economy and Competitiveness, ICEX and the Spanish Exporters and Investors Club, will focus on the opportunities for Spanish companies.

During the summit, the highest government and European Commission representatives, and Spanish companies and bank managers will discuss about economy keys in Europe and 2014 global economy. (consult speakers).

 

About GOWEX (GOW-MAB, ALGOW-NYSE Alternext, LGWXY -LGWXY-OTC Market)

 

GOWEX has been operating in the telecommunications sector for 15 years and is currently leader in the creation of Wi-Fi Cities, providing Free and Premium Wi-Fi connectivity on the streets and on public transport. The company's reach currently extends to 80 cities around the world, thanks to agreements with public administrations, franchises, operators, associations and transportation companies.

 

In 2010 GOWEX become the first and only Spanish SME to achieve a "dual listing", on both the MAB (GOW) and Nyse-Alternext (ALGOW) stock exchanges. The company's overall turnover reached 114 million in 2012, which represents a 71% increase compared with 2011. In December 2012 GOWEX successfully finalised a capital increase in which it raised almost 18 million Euros, adding 1,528,404 new shares to the market. In February 2012, the SEC approved the launch of an ADR programme (American Depositary Receipt) allowing the Group to be quoted on the OTQXC market in the United States.

 

With offices in Madrid, Paris, Dubai, London, Buenos Aires, Shanghai and Costa Rica, GOWEX develops a sustainable business model in its Wi-Fi network, based on the efficiency and technical quality of its patented platforms: the Roaming Platform, which allows users to be freely connected in all cities, and the Advertising and Geo-localized Content Platform, which allows a financing system by means of advertising and marketing agreements.

 

In 2011 GOWEX joined the Wireless Broadband Alliance and was awarded with the Internet Day's prize for "Best Company". In 2013, the Company was awarded with the "Best New Listed Company" in the first edition of the "European Small &Mid-Cap Awards".

 

Copyright GlobeNewswire

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