WPCS Int'l (WPCS) Names New IR Advisor

October 5, 2016 8:36 AM EDT

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WPCS International Incorporated (Nasdaq: WPCS) announced that it has appointed Capital Markets Group, LLC ("CMG") as Investor Relations Advisor. Headquartered in New York City, CMG is comprised of capital markets professionals assisting emerging growth public and private companies on strategic advisement, messaging/brand building, communications and marketing to the investment community.

Sebastian Giordano, CEO of WPCS, commented, "Now that our successful restructuring is behind us, we are entirely focused on achieving an absolute turnaround. For us, that means growth, a permanent return to profitability and achieving sustainable increases in shareholder value. Our current backlog and pipeline of potential opportunities are steadily building and we expect this will fuel significant growth this fiscal year. It is imperative that our current stockholders and the investment community clearly understand the Company's growth plan. CMG is the right partner to help us communicate our message effectively."

Valter Pinto, Partner at CMG added, "Under Sebastian's leadership, the WPCS team has done a great job in navigating WPCS through some very rough waters these past few years and successfully completing the restructuring. Today, the Company is well-positioned for growth with a strong pipeline not only in California, but also in new markets such as San Antonio and Dallas. We are excited about working with Sebastian and the entire team at WPCS and telling the investment community this emerging growth story."

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