EXTON, PA--(Marketwire - Mar 21, 2013) - WPCS International Incorporated (NASDAQ: WPCS), a leader in design-build engineering services for communications infrastructure, has announced that it has received approximately $3.8 million in new projects.
The new contracts include projects to be completed for ATS, Trane, Siemens, San Francisco General Hospital, Sutter Health and Holaday-Parks. In Australia, new contracts were awarded for Holy Spirit Hospital, Redcliffe Watch House, Emerald Centerlink and South Brisbane Railway. WPCS was also awarded new contracts from Taian Gas Group and Sichuan Oil and Gas Construction in China.
Myron Polulak, Executive Vice President of WPCS, commented, "It is encouraging to continue to see new contracts being awarded. The bid activity remains at a higher level and we are seeing more opportunities to provide our communication infrastructure services particularly in the healthcare and public services sector. We look forward to continuing our growth in these markets."
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 communications, 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.