WPCS Announces Adjournment of Special Meeting and Rescheduling of Special
Meeting to July 1, 2014
EXTON, PA -- (Marketwired) -- 06/25/14 -- WPCS International
Incorporated (NASDAQ: WPCS), which specializes in contracting
services for communications infrastructure and the development of a
Bitcoin trading platform, today announced that its special meeting of
stockholders scheduled for, and convened on June 24,2014, was
adjourned due to the lack of a requisite quorum. Only stockholders of
record on the record date of April 25, 2014 are entitled to, and are
being requested to, vote. The date of the special meeting has been
rescheduled for July 1, 2014.
Sebastian Giordano, Interim Chief Executive Officer, commented, "The
Company is very close to gaining a quorum so every vote is important.
As we have reiterated before, we are asking and strongly suggest
shareholders to support our initiatives and vote 'FOR' all the
proposals. Doing so will allow us to enact our strategic initiatives
which are in the best interest of the Company's future."
The special meeting will take place on July 1, 2014 at 10:00 a.m.
(Eastern Daylight Time) at the offices of Sichenzia Ross Friedman
Ference LLP at 61 Broadway, 32nd Floor, New York, NY 10006 to allow
additional time for the stockholders to vote on the proposals set
forth in the Company's proxy statement filed with the SEC, which is
The Company encourages all stockholders who have not yet voted to do
so before June 30, 2014 at 11:59 p.m. (Eastern Daylight Time). The
stockholders may vote by internet at http://www.cesvote.com, or by
telephone at (888) 693-8683, or by returning your proxy card to
Alliance Advisors LLC, PO Box 2400, Pittsburgh, PA 15230-9762.
No changes have been made in the proposals to be voted on by
stockholders at the special meeting. The Company's proxy statement
and any other materials filed by the Company with the SEC remain
unchanged and can be obtained free of charge at the SEC's website at
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
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
Capital Markets Group, LLC
PH: (914) 669-0222 or (212) 398-3486
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