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July 8, 2014
09:12 EDTWPCSWPCS International announces $5.5M in new contracts
WPCS International announced approximately $5.5M in new contracts in its Suisun City operations for the period January 1, through May 31. These results compare to $2.3M for the same year-over-year period, an increase of 141%. The company is only reporting on its Suisun City operations as it expects it to be the only remaining domestic contracting operation following the proposed sale of the Seattle operations.
News For WPCS From The Last 14 Days
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August 18, 2014
09:04 EDTWPCSWPCS International obtains holder approval for sale of Seattle operations assets
WPCS International announced that on August 15 the company held a special meeting of stockholders at which a majority of the company's shareholders overwhelmingly approved the sale of substantially all of the assets of its wholly-owned subsidiary WPCS International -- Seattle, Inc. Over 94% of the total shares voted by the majority of shareholders in this special meeting were in favor of this transaction. The company expects that this transaction will close on or around August 31 and that it will generate over $1.5M in working capital.

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