SOURCE: WPCS International

WPCS International

February 23, 2012 10:11 ET

WPCS Receives $9 Million in New Projects

EXTON, PA--(Marketwire - Feb 23, 2012) - WPCS International Incorporated (NASDAQ: WPCS), a leader in design-build engineering services for communications infrastructure, has announced that it has received approximately $9 million in new contracts.

The new contracts include projects to be completed for St. Luke's Hospital, Oxnard High School, Sutter Health, The Town of East Longmeadow, University of Rhode Island, Hartford Hospital, Connecticut Yankee Atomic Power Company, Nassau County Police Department, Con Edison of New York, Bridgeton Fire Department, Narragansett County, Amherst Fire Department, Galloway Township Police Department, Holaday-Parks and Pitney Bowes. In Australia, new contracts were awarded for Goondir Health Clinic, Palmwoods Hotel, Helensvale Station, Cairns Depot, North Lakes State College and Wynnum Central Station.

Jeffrey Voacolo, Executive Vice President of WPCS, commented, "WPCS continues to see a strong level of bid activity in public services and healthcare which is an indication that there are opportunities to obtain new project awards for our communication infrastructure services. Our focus is converting this bid activity to backlog that can be recognized as profitable revenue in the quarters ahead."

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

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.

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