Jenaro Garcia, GOWEX CEO, meets institutional investors at New York

March 4, 2013 - PRLog -- Madrid, – Jenaro Garcia, CEO of  GOWEX (http://www.gowex.com/) (GOW-MAB, ALGOW-NYSE Alternext, LGWXY-OTC Market),  will be meeting some of the most important North American institutional investor at the second edition of  the Spanish Small & Midcaps Conference, hosted by JB Capital Markets and BME in collaboration with IESE Business School. The conference will take place tomorrow, March 5th, 2013 at IESE Business School, 165 W 57th Street, New York.

_________________________________________________________________

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

GOWEX (GOW-MAB, ALGOW-NYSE Euronext) has operated in the telecommunications sector for 14 years. It is currently leading the creation of "Wi-Fi Cities," which offers free and premium Wi-Fi connectivity on the street and in means of public transportation. The company is now exporting its innovative business models to many cities in Europe, South America, Asia, and emerging countries.

In 2010, it became the first and only Spanish SMB to make a "dual listing," publicly traded in MAB (GOW) and NYSE-Euronext (ALGOW). The company's total revenue amounted to €66.7 million in 2011, and for the first half of 2012, it was €41 million (60% over the same period on 2011. On December 2012, GOWEX subscribed a €18 million capital, adding 1,528,404 new common shares to the market. In February 2012, the SEC approved the launch of a program of ADR (American Depositary Receipt), enabling the Group to be also  listed in the United States on the OTC market.

With offices in Madrid, Burgos, Buenos Aires, London, San José (Costa Rica), Paris, Shanghai, and Dubai, GOWEX develops a sustainable business model in its Wi-Fi networks, based on the efficient and technical quality of their patented platforms: the Roaming Platform, which allows users to connect freely in all the cities, and the Geolocalization Content and Advertisement Platform, which provides financing business through marketing and advertisement agreements.

In 2011, GOWEX joined the Wireless Broadband Alliance and received a prize for the “Best Web Company” on Internet Day.

In February 2012, Jenaro Garcia GOWEX CEO received the “Entrepreneur of the Year Award” by Ernst & Young in the category of "Innovation”.