EXTON, PA--(Marketwire - Aug 21, 2012) - WPCS International Incorporated (NASDAQ: WPCS), a leader in design-build engineering services for communications infrastructure, has announced that it has received approximately $22 million in new projects.
The new contracts include projects to be completed for San Francisco General Hospital, University of the Pacific, Oakland Airport, Kaiser Permanente, Trane, Siemens, Sutter Health, Yakima Valley Community College and Mulkiteo School District.
In Australia, new contracts were awarded for Nambour General Hospital, Toowoomba Base Hospital, Caboolture Mental Health Unit, Rockhampton South Medicare, Wondai State School and Mackay Northern Beaches State High School. WPCS was also awarded contracts from the Taian Gas Group and Sichuan Oil and Gas Construction in China.
Myron Polulak, Executive Vice President of WPCS, commented, "We had a recent surge in new contract awards that has created a healthier backlog going forward. This is very encouraging news for WPCS as the management team continues to focus on delivering a successful year 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.