WPCS Secures $2.7 Million of New Contracts in First Quarter
WPCS INTL (WPCS)
US:NASDAQ Investor Relations:
wpcsir.com
Company Research
Source: Marketwire
SUISUN, CA -- (Marketwired) -- 08/02/16 -- 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 added $2.7 million of new contracts during its first quarter ended July 31, 2016. One-third of these contracts were sparked by a series of recently implemented organic growth and business development initiatives in our start-up Texas Operations, as well as from new recurring revenue opportunities. According to Sebastian Giordano, CEO of WPCS, "In addition to the continued strong performance of our core Suisun Operations, we are now beginning to see tangible results from our recently established Texas Operations, newly hired direct sales team as well as from the integration and rollout of all of our capabilities into each of the markets we currently serve, all integral components of our 2017 strateg
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