WPCS Announces $8 Million in New Projects

EXTON, Pa., Feb. 22 /PRNewswire-FirstCall/ -- WPCS International Incorporated (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 Ericsson, Cathedral Hill Hospital, Larchmont Farms, Greenfield Police Department, Springfield Police Department, Fairfield Police Department, Agawam Police Department, Southington Police Department, Town of Wethersfield, the University of Massachusetts, Infinity Wind Power, Crown Castle and Madigan Army Medical Center.  

Jeffrey Voacolo, Executive Vice President of WPCS commented, "We are pleased to announce these new contracts, which adds to our backlog. In the public services sector, we believe that fiscal stimulus funding is becoming more readily available which should lead to more bidding opportunities in the future. In the healthcare and energy sector, we are seeing a reasonable level of bid activity. Although we have not seen a robust economic recovery yet, we do believe that there are positive trends ahead which should work in our favor. WPCS remains focused on delivering positive results for our shareholders."

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.

SOURCE WPCS International Incorporated

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED