WPCS Announces Adjournment of Special Meeting and Rescheduling of Special Meeting to July 15, 2014

WPCS Announces Adjournment of Special Meeting and Rescheduling of Special 
Meeting to July 15, 2014 
EXTON, PA -- (Marketwired) -- 07/01/14 --  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 July 1, 2014, was
adjourned due to the lack of a requisite quorum. To date, the Company
has received approximately 30.6% of the required 33 1/3% shareholder
vote necessary to conduct the special meeting. 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 15, 2014. 
Sebastian Giordano, Interim Chief Executive Officer, commented, "The
Company is very close to gaining a quorum and, and the majority of
the votes cast are in favor of the proposals. Whether you are in
favor of the proposals or not, every vote is very important. The
strategic initiatives include the approval of the sale of the
unprofitable Australia Operations and to stem future losses related
to this business, and to eliminate the future cash payments of the
remaining severance due the Company's former CEO. In addition, the
proposal to increase our authorized shares will enable the Company to
potentially eliminate its senior secured convertible notes and
provide for future growth capital." 
The special meeting will take place on July 15, 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
available at
The Company encourages all stockholders who have not yet voted to do
so before July 14, 2014 at 11:59 p.m. (Eastern Daylight Time).
Stockholders should follow the instructions printed on their proxy
card in order to vote. If you need any assistance in voting your
shares, please call our proxy solicitor, Innisfree M&A Incorporated,
at (888) 750-5834. 
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
Valter Pinto
PH: (914) 669-0222 or (212) 398-3486
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