EXTON, PA - (PR Newswire - First Call) - December 5, 2007)
WPCS International Incorporated (NASDAQ: WPCS), a leader in design-build engineering services for specialty
communication systems and wireless infrastructure, has announced that, through its Heinz Corporation subsidiary,
it has been selected by Silverstein Properties as a wireless consultant in the design of an advanced wireless
communications system for World Trade Center buildings 2, 3 and 4. The design will include a needs analysis
with technical performance specifications for a wireless in-building radio system that will insure the reliable
communication for all emergency agencies including the Port Authority, FDNY and the NYPD.
Silverstein Properties is a Manhattan-based real estate development and investment firm that has developed,
owned and managed more than twenty million square feet of office, residential and retail space. In July 2001,
Silverstein Properties completed the largest real estate transaction in New York history by acquiring the
10 million square foot World Trade Center, only to see it destroyed by terrorist attacks six weeks later on
September 11, 2001.
Silverstein Properties is committed to the redevelopment of the World Trade Center site www.wtc.com and in
May 2006, Silverstein Properties opened 7 World Trade Center, a 52 story 1.7 million square foot office tower
at 250 Greenwich Street, just north of the World Trade Center site. The building is now approximately 75% leased
to a world-class roster of tenants. In September 2006, designs were unveiled for three new office towers on the
World Trade Center site which includes 200, 175 and 150 Greenwich Street, which will be developed by
Silverstein Properties. Construction on the three towers will begin when the Port Authority delivers the
sites to Silverstein Properties in January 2008.
Larry A. Silverstein, president and CEO of Silverstein Properties, commented, "Beginning with 7 World Trade Center, we have set a new standard in technology and security for our buildings. This includes a commitment to the most advanced communication systems throughout our properties."
Richard Fann, president of WPCS/Heinz, commented, "Our company completed a similar project for Silverstein Properties at 7 World Trade Center a few years ago and we are pleased to be selected again for this new project as we are aware of the high quality standards imposed by Silverstein Properties. We are looking forward to establishing the parameters for a best in class wireless communications system for such an important project."
About WPCS International Incorporated:
WPCS provides design-build engineering services for specialty communication systems, which includes dedicated wireless networks for specific applications and for wireless infrastructure, which encompasses cellular networks for wireless carriers. Our range of services includes site design, integration, cabling, electrical contracting, trenching, construction, testing and maintenance for corporations, government entities and educational institutions worldwide. For more information, please visit www.wpcs.com.
Statements about the company's expectations, including revenue and earnings and all other statements in this press release, other than historical facts, are "forward looking" statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements involve risks and uncertainties and are subject to change at any time. The company's actual results could differ materially from expected results. In reflecting subsequent events or circumstances, the company undertakes no obligation to update forward-looking statements.
Contact:
Carol Lindley / Investor Relations
WPCS International Incorporated
(610) 903-0400 x 100
ir@wpcs.com
www.wpcs.com