EXTON, Pa., June 30 /PRNewswire-FirstCall/ -- WPCS International Incorporated (Nasdaq: WPCS), a leader in design-build engineering services for communications infrastructure, has announced that it has received approximately $7.3 million in new contracts.
The new contracts include projects to be completed for New London Police Department, Central Connecticut State University, Camden City Police Department, Eagle Research, Duquesne Light, National Grid, Florida Department of Transportation, Clearwire, AT&T, Qwest, Boeing, DNV Global Energy Concepts and Infinity Wind Power.
Additionally, there are many new international projects. In China, the company has received new contracts from Jiaxing Gas Pipeline and Shenzhen Gas Pipeline. In Australia, WPCS has received new project awards from Stanthorpe Police, Nambour General Hospital, Clontarf Beach State High School, Oakey Hospital, Yeronga State High School, Wynnum State High School and Bremer State High School.
Jim Heinz, Executive Vice President of WPCS commented, "We are pleased to see bids being converted to backlog as it helps us establish some momentum. Although economic conditions remain less than favorable, we are seeing increased activity which is an indication that our market strategy and services capability is giving us a competitive advantage. We believe that we will see even stronger results in the future. We remain very confident that our goals can be achieved."
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: |
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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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