WPCS International,Inc. (WPCS)

[Iam_in]

NEWS OUT: WPCS Int'l Offers Update on Q2 Contract Activity

WPCS International Incorporated (Nasdaq: WPCS) announced that it added $1.2 million of new contracts in October 2016 bringing its fiscal 2nd quarter for the year ending April 30, 2017 total to $8.0 million, its best contract signing quarter since the 4th quarter of its fiscal year ending April 30, 2016.

According to Sebastian Giordano, CEO of WPCS, "In October, we added new audio-visual work out of our Texas Operations involving several purchase orders from a private university for three campus remodeling projects, a new student activity center and a new high school gymnasium. In addition, we secured various contracts from existing clients in our California market. As of October 31, 2016, our backlog was $16.4 million."

http://www.streetinsider.com/Corporate+News/WPCS+Int%27l+%28WPCS%29+Offers+Update+on+Q2+Contract+Activity/12231236.html