WPCS Awarded "As-Needed" $2 Million Contract With City of San Francisco
WPCS INTL (WPCS)
US:NASDAQ Investor Relations:
wpcsir.com
Company Research
Source: Marketwire
SUISUN, CA -- (Marketwired) -- 03/07/17 -- WPCS International Incorporated (NASDAQ: WPCS), a full-service low-voltage solutions provider in the business of developing, installing and servicing integrated structured cabling, audio-visual and security systems, today announced that it was awarded an "as-needed" Facilities Maintenance Low Voltage Service Contract for the Department of Public Health, City of San Francisco for the term of two (2) years in the amount of $2 million. Sebastian Giordano, Chief Executive Officer of WPCS, explained, "While this is not an actual booking today, the City of San Francisco can issue future work orders against this $2 million contract, which at such time(s) would become a booking. As such, there could be any number of small work orders, or larger ones, depending on the size of the project(s) over the next two years. Our Suisun team deserves tremendous credit for securing this opportunity for the Company. Moreover, in addition to this future op
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