Feb 24 2010
WPCS International Incorporated (Nasdaq: WPCS), a leader in design-build engineering services for communications infrastructure, has announced that it has received approximately $8 million in new projects.
The new contracts include projects to be completed for Ericsson, Cathedral Hill Hospital, Larchmont Farms, Greenfield Police Department, Springfield Police Department, Fairfield Police Department, Agawam Police Department, Southington Police Department, Town of Wethersfield, the University of Massachusetts, Infinity Wind Power, Crown Castle and Madigan Army Medical Center.
Jeffrey Voacolo, Executive Vice President of WPCS commented, "We are pleased to announce these new contracts, which adds to our backlog. In the public services sector, we believe that fiscal stimulus funding is becoming more readily available which should lead to more bidding opportunities in the future. In the healthcare and energy sector, we are seeing a reasonable level of bid activity. Although we have not seen a robust economic recovery yet, we do believe that there are positive trends ahead which should work in our favor. WPCS remains focused on delivering positive results for our shareholders."
Source: http://www.wpcs.com