WPCS Appoints Marcum LLP as Its New Independent Public Accounting Firm

WPCS Appoints Marcum LLP as Its New Independent Public Accounting Firm 
EXTON, PA -- (Marketwired) -- 01/30/14 --   WPCS International
Incorporated (NASDAQ: WPCS) today announced that it has appointed
Marcum LLP ("Marcum") as its new independent registered public
accounting firm. The decision to engage Marcum was made by the
Company's Audit Committee, acting on behalf of the Company's Board of
Directors. 
According to Audit Committee Chairman Kevin Coyle, "While the
Company's former auditors, CohnReznick LLP resigned on December 20,
2013, the Company had no unresolved disagreements with them during
the two most recent fiscal years or through the date of their
resignation, on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure. Upon
being notified of their decision, we immediately commenced the
process to identify and interview prospective, highly qualified firms
and, as a result, we have determined that Marcum would be best suited
for WPCS." 
The Company also pointed, in large part, to Marcum's experience and
reputation given: 


 
--  More than 60 years of experience serving middle market companies;
--  More than 1,200 professionals, ranking the firm among the top 20
    nationwide;
--  Ninth (9th) largest SEC auditing practice in the nation, with over 100
    publicly-traded clients, including those that trade on the NYSE, AMEX
    and NASDAQ;
--  Twenty (20) offices with a broad scope of national and international
    resources;
--  Four (4) offices in China, with over 75 U.S. trained CPAs; and,
--  Significant experience with both construction and technology
    organizations.

  
Sebastian Giordano, Interim CEO, added that, "Given the Company's
evolving business needs, especially with our recent bitcoin-related
acquisition, we are very pleased to engage Marcum as our new
independent auditors." 
About WPCS International Incorporated 
WPCS operates in two business segments including: (1) providing
communications infrastructure contracting services to the public
services, healthcare, energy and corporate enterprise markets
worldwide; and (2) developing a Bitcoin trading platform. For more
information, please visit www.wpcs.com and www.btxtrader.com. 
Statements about the company's future expectations, including future
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:  
WPCS International Incorporated
484-359-7228
ir@wpcs.com