let´s gowex - shareholder bulletin feb 13

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SPECIAL GAZETTE Feb./2013 Let´s GOWEX Investors’ Relation Let’s take risks and conquer your fears

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GOWEX (GOW-MAB, ALGOW-NYSE Alternext, LGWXY - OTC) it’s been 14 years operating in the Telecommunication sector and it’s currently leading the creation of WiFi Cities offering Free & Premium WiFi connectivity in streets and transportation. The company is now exporting the innovative business models in many cities in Europe, Latin America, Asia and in emerging countries. In 2010, it has become the first and only Spanish SMB to make a “dual listing”, publicly traded in the MAB (GOW) and the NYSE-Alternext (ALGOW). The company's total revenue in 2012 amounted to 114.1 million Euros. On December 2012 GOWEX subscribed almost 18 million € in a capital increase. With offices in Madrid, Burgos, Buenos Aires, London, San José (Costa Rica), Paris and Shanghai, GOWEX develops a sustainable business model in their WiFi networks, based in efficient and technical quality of their patented platforms: The Roaming platform, which allows users to connect freely in all the cities, the Geolocalization Content and Advertisement platform, which provides a financing business through marketing and advertisement agreements. In 2011, GOWEX joined the Wireless Broadband Alliance and received a prize for the “Best Web Company” in the Internet Day In February 2012, Jenaro Garcia GOWEX CEO, received the “Entrepreneur of the Year Award” by Ernst & Young in the category of Innovation

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Page 1: Let´s GOWEX - Shareholder bulletin feb 13

SPECIALGAZETTE

Feb./2013

Let´s GOWEX Investors’ Relation

Let’s take risksand conquer your fears

Page 2: Let´s GOWEX - Shareholder bulletin feb 13

If you would like to be included in the distribution list ofGOWEX shareholder news, send us an e-mail with thesubject "mailing list" and your full name to:

[email protected]

You will be informed on time, via e-mail, about the latestrelevant news, results publication, shareholder meetingsand other significant information about GOWEX Groupand its shares.

NEWS DISTRIBUTION LIST for shareholders

Page 3: Let´s GOWEX - Shareholder bulletin feb 13

SPECIAL GAZETTE

Agreements reached at the EGM on Nov. 12th 4

Increase in share capital results of Dec. 2012 6

Shareholding structure after the share capital

increase7

Agreements reached at the EGM on Feb. 2013 5

GOWEX’s shares 8

R&D&i projects 9

Best Tweets about GOWEX 10

GOWEX news 11

GOWEX on the MWC 2013 14

Shareholders and investors’ contact details 15

Page 4: Let´s GOWEX - Shareholder bulletin feb 13

Agreements reached at the EGM on Nov./2012

The Let's GOWEX, SA Extraordinary General Meetingof its Shareholders held on November the 5th, 2012,on a first call, had a total number of 22 shareholderspresent or represented, that accounted the 70.77% ofthe total share capital and they approved unanimouslyin full the resolutions proposed:

Application to the SEC (US Securities and Exchange

Commission), for an authorization to issue a program of ADR (American Depositary Receipt)

Delegation to raise share capital

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70.77%

Page 5: Let´s GOWEX - Shareholder bulletin feb 13

Increase in Share CapitalResults of Dec. /2012

"60% of all the shareholders who attended the share

capital increase, were large international

funds"

The increase in share capital approved by theBoard of Directors of the Company onNovember the 12th, 2012 in exercise of thepowers delegated by the ExtraordinaryGeneral Meeting of November the 5th, 2012,has been executed.

It consisted of the issuance of 1,528,404 newordinary shares of five cents of euro (0.05) ofnominal value and of the same class andseries as those GOWEX shares currentlyoutstanding and issued with a premium of11.55 euros, so it has been an issue price of11.60 euros per share. Therefore, the totalamount of the subscription amounted to17,729,486.40 Euros.

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Page 6: Let´s GOWEX - Shareholder bulletin feb 13

Shareholding structureafter the share capital

increase

“free float increasing that stood at 37.9%”

The social capital of the Company amountsto € 723,133.60, divided into 14,462,672shares of € 0.05 per value each. Fullysubscribed and paid each one of them. Theyall belong to a single class and series, thatgives identical voting and dividend rightsand are represented by account entries.

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37,90%

27,40%

24,76%

9,94%

37,90%

27,40%

24,76%

9,94%

Page 7: Let´s GOWEX - Shareholder bulletin feb 13

The Let's GOWEX Extraordinary General Meeting of Shareholdersheld on February 21st, 2013, on a first call, represented by the62.38% of the share capital, approved by a majority of theattendants the following resolutions :

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First.- Renewal of the authorization

granted to the Company to proceed withthe acquisition of its own shares.

Second.- Modification of the

nominal value of the shares withoutchanging the amount of share capital(Split) from 0.05 Euros to 0.01 Eurosper share.

Agreements reached at the EGM on Feb/2013

Page 8: Let´s GOWEX - Shareholder bulletin feb 13

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GOW - MAB Target Price ALGOW - NYSE Alternext

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Analysts evolution

GOWEX Coverage Analysis

Page 9: Let´s GOWEX - Shareholder bulletin feb 13

R&D&iProjects

Develops Intelligent Systems for Public Transport (ITS) for both, own

transportation that will impact on the overall efficiency of the city, and

also for travelers who use it.

It is an intelligent virtual personal assistant that is able to interpret natural

language and give an answer to any questions asked by the user.

Proposes the development of a platform for users of mobile devices

capable of suggesting in real-time the best cultural and entertainment

offers depending on the preferences of the user through WiFi networks of

public access.

It is an intelligent content distribution and information system for users of

public transport focused on urban and interurban bus fleets.

It Searches for solutions to reduce the energy consumption that a

telecommunications operator needs to provide a certain capacity. This

shall be done in the proper use of the spectrum.

It is a system consisting of heterogeneous networks which involve rapid

integration of existing communication resources to reduce the operation

time and which improve the coordination between the various Law

Enforcement Agencies in a natural disaster or emergency situation.

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Page 10: Let´s GOWEX - Shareholder bulletin feb 13

The best Tweetsabout GOWEX

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GOWEX Results

“GOWEX: the unstoppable Spanish Apple”

“If a Spanish SME can now capture 30 million Euros in funding

(capital) that is GOWEX”

“GOWEX is the new apple of my eye, small start up very very

powerful long-term”

“In the simulation of portfolios, and thanks to @Impok

support, They said I'm the first, and yes, it is thanks to

GOWEX

Page 11: Let´s GOWEX - Shareholder bulletin feb 13

NewsGOWEX celebrates the Free WiFi "made in Spain“ partyElcorreo.com

Starting today and thanks to the GOWEXMadrid hard work, open access to the Wi-finetwork will be available around the CityHall of Dame Street, San Patricio Park andSmithfield.

The Irish press mentioned GOWEX as thecompany of Madrid that provides theservice. They also informed that it willgenerate more revenue through advertisingand roaming agreements with other mobileservice providers.

The GOWEX CEO, Jenaro García added:

GOWEX takes free Wi-Fi to Paris public transportEuropa press

GOWEX will provide free WiFi in 48 transitstations and surrounding outdoor areas ofParis. According to the company, thisproject will provide WiFi access in 66"smartzones". Thus, the 4.5 million dailypassengers who use the metro of Paris canaccess with their mobile devices to theInternet for free.

However, the service will incorporate theentire subway network gradually, whichcurrently has 14 lines, 245 stations andcarries over 1,500 million passengers a year.

With this initiative, the company takes animportant step in its goal of making theFrench capital in a Wireless Smart City, withconnection anywhere .

In this sense, the CEO of GOWEX, JenaroGarcia, has indicated that, for the companythe inter-urban transport is an integral partof theWireless Smart Cities®

Follow the official GOWEX Twitter account on @gowex https://twitter.com/gowex

“This agreement will not only increase the number of Wi-Fi cities for GOWEX, but also increase the attractiveness of our advertising

channels pinpointed because, coverage is being global”

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Page 12: Let´s GOWEX - Shareholder bulletin feb 13

The Spanish company GOWEX brings free Wi-Fi, to Marseille busesExpansión.com

The Spanish company GOWEX announcedtoday the signing of an agreement withthe French company transport "RDT 13"to implement Internet wirelessconnection services (WiFi), in Marseille(South of France) buses.

The project complements the company'sofferings in train stations near Marseilleand Aix-en-Provence, which make iteasier for users who move between thosetwo cities creating a "permanentconnection“.

Regarding its use, travelers can register inthe GOWEX Website or in the bus.

GOWEX conquers Dubai with its free Wi-FielEconomista

The Spanish company brings theirnetwork to the main bus line of theEmirates.

Users of, the main bus line in the UAEwhich connects Dubai and Abu Dhabi,enjoy free Wi-Fi service on board thanksto the action of the GOWEX company inthat area of the Persian Gulf.

"The global position of the United ArabEmirates, as a gateway to threecontinents and Dubai as technologicaland financial epicenter, is the idealenclave to extend our model of free Wi-Fieverywhere in the Middle East" explainedsome sources of the Spanish company .

According to Jenaro Garcia, CEO ofGOWEX, "this initiative is an integral partof GOWEX global growth strategyconsisting of promoting recurringrevenues through the development ofprojects of Wi-Fi Smart Cities andWireless Smart Transports, which has ledus to achieve 19 Wi-Fi projects intransport.

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News

Page 13: Let´s GOWEX - Shareholder bulletin feb 13

Free Wi-Fi, the treasure huntEl País

GOWEX, founded in the nineties as aprovider of Internet, entered the free Wi-Fi in 2006. GOWEX end up addingcontracts in Spain and abroad, withmunicipalities, associations and transportcompanies, in which it offers free or paidWi-Fi. GOWEX is established in 65 citiesaround the world and serves 15 metro orbus companies in Buenos Aires, Paris,Marseille and Dubai. It also hasagreements with Nintendo and DeutscheTelekom.

GOWEX invoiced in 2006 Euros 10.5million and ended 2011 with 66.7 millioneuros. No wonder it has been the greatsuccess of last year stock. After tradingout to MAB in 2010 to € 4.2, it increasedup to 14.4 on Thursday. Its value hasdoubled in the past five months. "Ourcapitalization exceeds 180 million Euros"recalls Garcia.

GOWEX signs an agreement with SNCF to offer free Wi-Fi in the main train station in MarseilleelEconomista.es

GOWEX has signed an agreement withthe French National Railways (SNCF) tooffer its free Wi-Fi service in the maintrain station in Marseille, as reported bythe firm specializing in Wi-Fi cities.

Thus, under this agreement, more than15 million passengers per year of"Marseille St. Charles" station will enjoyfree 24 hours Wi-Fi.

This station is one of the main points oftourist arrivals in Marseille, EuropeanCapital of Culture for 2013.

Recently, SNCF has announced its "lowcost" high speed train (TGV) operatingbetween Paris, Lyon, Marseille andMontpellier, which will help considerablyto multiply the volume of travelersplanned for next year and potential usersof the Wi-Fi service in St. Charles station.

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News

Page 14: Let´s GOWEX - Shareholder bulletin feb 13

GOWEXat the MWC 2013

For the third consecutive year, GOWEX participated in the Mobile World Congress2013, landmark event in the mobile sector, worldwide hold from the 25th to the 28th

of February in Barcelona. The company's booth was located in the Pavilion of Spain(center aisle between the hall 4 and 5) which were also represented other importantSpanish companies such as Abertis, Unkasoft or Zed.

All attendees had the opportunity to learn about the GOWEX model of Smart WiFiCities, already operating successfully in public spaces, transport, cafés, etc.worldwide thanks to the agreements reached with governments, associations,franchises, transport companies ,etc.

Wireless Smart Cities of GOWEX ® improve the quality of life of citizens by creating ahyperconnected city thanks to Wi-Fi technology. The aim of the Smart WiFi Cities is toreduce costs and improve efficiency in communications infrastructure, enhance datatransmission needs by relieving congestion of mobile networks (offloading) andfinally get users to enjoy for free anytime and anywhere.

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Page 15: Let´s GOWEX - Shareholder bulletin feb 13

Florencia Maté Garabito

International Communications Manager & Investor Relations+34 670 738 [email protected]

Alicia Viñas Díaz

Investor Relations & Corporate Area+34 91 360 14 [email protected]

Javier Solsona Piera

Investor Relations & Corporate Area+34 638 780 [email protected]

Shareholders and investors’ contact details

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