SOURCE: WPCS International Inc

WPCS International Inc

September 02, 2015 09:00 ET

Suisun City Operations Adds $3.0 Million in New Contracts for July and August

SUISUN CITY, CA--(Marketwired - Sep 2, 2015) - WPCS International Incorporated (NASDAQ: WPCS), which specializes in contracting services for communications infrastructure, today announced that it was awarded $3.0 million in new contracts during the months of July and August 2015.

According to Sebastian Giordano, Interim CEO of WPCS, "Suisun City remains a profitable operation, performing as expected during the first four months of the fiscal year ended April 30, 2016. Since our business has historically been strongest in the third and fourth quarters, we look forward to building upon this positive news as the year unfolds."

These new projects include a $1.4 million contract to provide low voltage structured cabling and telecommunications closet build outs for Sutter Coast Hospital, an 80,000 square foot general medical and surgical hospital with 49 beds, located in Crescent City, California. In addition, the Company was also awarded $1.6 million in new work from existing customers.

About WPCS International Incorporated
WPCS provides contracting services to the public services, healthcare, energy and corporate enterprise markets in the United States. For more information, please visit www.wpcs.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including, but not limited to, statements with respect to the Company's future growth opportunities and strategic plan. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Contact Information

  • INVESTOR CONTACT:
    WPCS International Incorporated
    David Allen
    Chief Financial Officer
    Phone: 707.759.6008
    Email: Email Contact