WPCS Announces $12 Million in New Contracts
EXTON, Pa., Aug. 9 /PRNewswire-FirstCall/ -- WPCS International Incorporated (Nasdaq: WPCS), a leader in design-build engineering services for communications infrastructure, has announced that it has received approximately $12 million in new contracts.
The new contracts include projects to be completed for Enfield Police Department, Vernon Police Department, Gardner Police Department, Wallingford Police Department, Bloomfield Fire Department, Northampton Police Department, Holyoke Police Department, Toms River Police Department, Duquesne Light, Neptune Township, Mount Airy Resort & Casino, Nokia, Teaneck Township, Camden City Police Department, Commonwealth of Pennsylvania, GTSI Corporation, Clearwire, Carnation Elementary School, Cherry Valley Elementary School, Clipper Windpower, DNV Global Energy Concepts, Infinity Wind Power and Princeton Theological Seminary. Additionally, there were international projects awarded to WPCS from Shenzhen Gas in China and Nambour General Hospital, Gladstone Oral Health Facility, Gympie Hospital and McDonald's Corporation in Australia.
Andrew Hidalgo, CEO of WPCS commented, "We are receiving many new projects from state and local municipalities, which indicates for us an increased level of fiscal stimulus spending. This certainly helps our backlog momentum. In addition, we are seeing a higher level of activity in our healthcare and energy sectors which is very encouraging. The WPCS management team remains optimistic as we continue to announce new contracts."
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.
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WPCS International Incorporated |
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610-903-0400 x101 |
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SOURCE WPCS International Incorporated
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