Jul 1 2010
WPCS International Incorporated (Nasdaq: WPCS), a leader in design-build engineering services for communications infrastructure, has announced that it has received approximately $7.3 million in new contracts.
The new contracts include projects to be completed for New London Police Department, Central Connecticut State University, Camden City Police Department, Eagle Research, Duquesne Light, National Grid, Florida Department of Transportation, Clearwire, AT&T, Qwest, Boeing, DNV Global Energy Concepts and Infinity Wind Power.
Additionally, there are many new international projects. In China, the company has received new contracts from Jiaxing Gas Pipeline and Shenzhen Gas Pipeline. In Australia, WPCS has received new project awards from Stanthorpe Police, Nambour General Hospital, Clontarf Beach State High School, Oakey Hospital, Yeronga State High School, Wynnum State High School and Bremer State High School.
Jim Heinz, Executive Vice President of WPCS commented, "We are pleased to see bids being converted to backlog as it helps us establish some momentum. Although economic conditions remain less than favorable, we are seeing increased activity which is an indication that our market strategy and services capability is giving us a competitive advantage. We believe that we will see even stronger results in the future. We remain very confident that our goals can be achieved."
Source: http://www.wpcs.com/