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WPCS Int'l Receives About $22 Mln In New Contracts

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8/21/2012 12:49 PM ET

WPCS International Inc. (WPCS: Quote), said Tuesday that it has received about $22 million in new contracts.

The new contracts include projects to be completed for San Francisco General Hospital, University of the Pacific, Oakland Airport, Kaiser Permanente, Trane, Siemens, Sutter Health, Yakima Valley Community College and Mulkiteo School District.

In Australia, new contracts were awarded for Nambour General Hospital, Toowoomba Base Hospital, Caboolture Mental Health Unit, Rockhampton South Medicare, Wondai State School and Mackay Northern Beaches State High School.

The company was also awarded contracts from the Taian Gas Group and Sichuan Oil and Gas Construction in China.

Myron Polulak, Executive Vice President of WPCS, said, "We had a recent surge in new contract awards that has created a healthier backlog going forward. This is very encouraging news for WPCS as the management team continues to focus on delivering a successful year for our shareholders."

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by RTT Staff Writer

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