WPCS Announces Agreement to Sell Australia Operations

WPCS Announces Agreement to Sell Australia Operations

EXTON, PA — (Marketwired) — 09/27/13 — WPCS International Incorporated (NASDAQ: WPCS), ("WPCS" or the "Company"), which specializes in design-build engineering services for communications infrastructure, today announced that it has entered into a definitive stock purchase agreement for the sale of The Pride Group (QLD) Pty Ltd., (the "Australia Operations") to Turquino Equity LLC ("Turquino"), for a purchase price of $1.4 million. Turquino-s managing m