WPCS Awarded $1.9 Million of New Contracts in November
72.7% Increase Over Same Period in 2014
SUISUN, CA -- (Marketwired) -- 12/01/15 -- WPCS International Incorporated (NASDAQ: WPCS), which specializes in contracting services for communications infrastructure, today announced that it secured nearly $1.9 million in new contracts in the month of November, 2015 as compared to $1.1 million during the same period last year.
According to Sebastian Giordano, Interim CEO of WPCS, "This is a testament to our Suisun Operations leadership. Just thirty days ago, we implemented an expansion of our Suisun management team, now under the supervision of Butch Roller and the day-to-day management of Rick Ruth. They responded, in what was clearly a transitional month, by generating a 72.7% increase in contracts signed as compared to November 2014."
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.
INVESTOR CONTACT WPCS International Incorporated Mr. David Allen Chief Financial Officer Phone: 707.759.6008 Email: Email Contact
Source: WPCS International Inc
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