EXTON, PA--(Marketwired - Feb 19, 2014) - WPCS International Incorporated (NASDAQ: WPCS) today announced that it has appointed Alliance Advisors, LLC ("Alliance Advisors") as its investor relations firm. Located in New York City, Alliance Advisors is a comprehensive investor relations, market intelligence, corporate communications and strategic consulting services firm that has represented well over 300 United States publicly listed companies located in the Americas, Asia, and Europe.
According to Interim CEO Sebastian Giordano, "WPCS has the potential to be a great turnaround story, with a unique opportunity to be at the forefront of the emerging Bitcoin industry. These are exciting times at WPCS and partnering with Alliance Advisors, which represents other companies in the digital currency industry, will help us to more effectively communicate our evolving message to all WPCS stakeholders."
Thomas Walsh, Managing Partner of Alliance Advisors, commented, "We are a strong believer in digital currency and the impact that it will have on the future of financial transactions. WPCS has developed one of the first trading platforms to meet the natural progression of the industry by offering users an orderly market to trade Bitcoin. While the industry is in its infancy, we believe that by becoming an early adopter the Company will enjoy the benefit of achieving market leadership. We look forward to developing a pro-active communications program and sharing it with the investment community."
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.