$8 Million in New Projects Awarded to WPCS
EXTON, PA -- (Marketwire) -- 06/18/12 -- WPCS International Incorporated (WPCS) (NASDAQ: WPCS), a leader in design-build engineering services for communications infrastructure, has announced that it has received approximately $8 million in new projects.
The new contracts include projects to be completed for Jordan Middle School, University of Connecticut, Avon Fire Department, Rhode Island College, City of Ventnor, Transdyn Controls, Borgata Hotel Casino, Madigan Army Medical Center, FEMA, Mount Holyoke College, Springfield Public Schools, Norwich Public Utilities, Peoples Natural Gas, Pitney Bowes, Con Edison, National Grid, Johnson Controls and Siemens. In Australia, new contracts were awarded for Mackay Child Safety Service Center, Biloela Hospital, Kilkivan State School and North Lakes College. WPCS was also awarded a contract from the Taian Gas Group in China.
Joseph Heater, CFO of WPCS, commented, "We continue to see solid bid activity which has been encouraging as we work towards improving our financial performance over the next few quarters. Our reputation for quality work is highly regarded and we look forward to adding more contracts from existing and new customers in the future."
About WPCS International Incorporated:
WPCS is a design-build engineering company that focuses on the implementation requirements of communications infrastructure. The company provides its engineering capabilities including wireless communication, specialty construction and electrical power to the public services, healthcare, energy and corporate enterprise markets worldwide. For more information, please visit www.wpcs.com
Statements about the company's future expectations, including future revenue and earnings and all other statements in this press release, other than historical facts, are "forward looking" statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements involve risks and uncertainties and are subject to change at any time. The company's actual results could differ materially from expected results. In reflecting subsequent events or circumstances, the company undertakes no obligation to update forward looking statements.
CONTACT: WPCS International Incorporated 610-903-0400 x101 Email Contact
Source: WPCS International Incorporated