$2.4 Million In New Contracts Awarded To WPCS.Business Editors/High-Tech Writers EXTON, Pa.--(BUSINESS WIRE)--Feb. 24, 2004 WPCS WPCS Wireless Personal Communication System (cellular phone) WPCS Window Primary Coolant System International (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :WPCS), a leader in providing project engineering services for wireless infrastructure, today announced it has been awarded $2.4 million in new contracts for the deployment of various specialty communication systems. The contracts involve WPCS International subsidiaries either directly from the end users or through general contractors. The awards include projects for Lockheed Martin, Sybase, the Sacramento Regional Transit District The Sacramento Regional Transit District, commonly referred to as the RT, is the agency responsible for public transportation in the Sacramento, California area. A It was established on April 1, 1973, as a result of the acquisition of the Sacramento Transit Authority. , Xilinx, the Reno Events Center The Reno Events Center is a 7,500-seat multi-purpose arena in Reno, Nevada. It was built in 2005. It will be home to the Reno franchise in the East Coast Hockey League in 2006. Reno Sparks Convention Center and Carollo Engineers. This amount also includes a $1.3 million project awarded by a major healthcare company. Andrew Hidalgo, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. for WPCS International, commented: "Our order activity remains strong, which has allowed us to further increase our backlog of projects. Although the severe weather during this winter, particularly in the Northeast Region of the United States, has hampered our ability to complete outdoor projects, we remain exceedingly active in the bidding process and continue to be awarded new contracts. From our perspective, the wireless infrastructure and specialty communication systems market is continuing to generate significant opportunities for our company." About WPCS International Incorporated WPCS International Incorporated (NASDAQ: WPCS) is an American corporation with worldwide operations that is headquartered in Exton, Pennsylvania. The company engages in the design and deployment of wireless networks. : WPCS and its subsidiary companies offer project engineering services for specialty communication systems, wireless fidelity (WiFi) and fixed wireless applications. WPCS offers the ability to integrate superior solutions across the vast majority of communication requirements. The company has an extensive customer base that includes many major corporations, government entities and educational institutions. For more information, please visit our website at www.wpcs.com 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 safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Securities Exchange Act of 1934. 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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