|By Marketwired .||
|June 16, 2014 08:00 AM EDT|
EXTON, PA -- (Marketwired) -- 06/16/14 -- 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 11,2014, 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 June 24, 2014.
Sebastian Giordano, Interim Chief Executive Officer, commented, "Management and the Board believe it is important to allocate additional time for stockholders who have not yet voted ample time to do so. 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 June 24, 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 http://www.sec.gov/Archives/edgar/data/1086745/000114420414025401/v376074_def14a.htm.
The Company encourages all stockholders who have not yet voted to do so before June 23, 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 www.sec.gov.
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.
Capital Markets Group, LLC
PH: (914) 669-0222 or (212) 398-3486
Jul. 2, 2015 02:00 PM EDT Reads: 988
Jul. 2, 2015 01:45 PM EDT Reads: 2,265
Jul. 2, 2015 01:36 PM EDT Reads: 244
Jul. 2, 2015 01:15 PM EDT Reads: 679
Jul. 2, 2015 01:00 PM EDT Reads: 1,195
Jul. 2, 2015 01:00 PM EDT Reads: 1,023
Jul. 2, 2015 12:00 PM EDT Reads: 2,003
Jul. 2, 2015 11:50 AM EDT Reads: 371
Jul. 2, 2015 11:17 AM EDT Reads: 387
Jul. 2, 2015 11:15 AM EDT Reads: 1,025
The cloud has transformed how we think about software quality. Instead of preventing failures, we must focus on automatic recovery from failure. In other words, resilience trumps traditional quality measures. Continuous delivery models further squeeze traditional notions of quality. Remember the venerable project management Iron Triangle? Among time, scope, and cost, you can only fix two or quality will suffer. Only in today's DevOps world, continuous testing, integration, and deployment upend...
Jul. 2, 2015 11:00 AM EDT Reads: 2,103
Malicious agents are moving faster than the speed of business. Even more worrisome, most companies are relying on legacy approaches to security that are no longer capable of meeting current threats. In the modern cloud, threat diversity is rapidly expanding, necessitating more sophisticated security protocols than those used in the past or in desktop environments. Yet companies are falling for cloud security myths that were truths at one time but have evolved out of existence.
Jul. 2, 2015 11:00 AM EDT Reads: 2,186
IT data is typically silo'd by the various tools in place. Unifying all the log, metric and event data in one analytics platform stops finger pointing and provides the end-to-end correlation. Logs, metrics and custom event data can be joined to tell the holistic story of your software and operations. For example, users can correlate code deploys to system performance to application error codes. In his session at DevOps Summit, Michael Demmer, VP of Engineering at Jut, will discuss how this can...
Jul. 2, 2015 10:46 AM EDT Reads: 345
"A lot of the enterprises that have been using our systems for many years are reaching out to the cloud - the public cloud, the private cloud and hybrid," stated Reuven Harrison, CTO and Co-Founder of Tufin, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Jul. 2, 2015 10:45 AM EDT Reads: 717
In his session at 16th Cloud Expo, Simone Brunozzi, VP and Chief Technologist of Cloud Services at VMware, reviewed the changes that the cloud computing industry has gone through over the last five years and shared insights into what the next five will bring. He also chronicled the challenges enterprise companies are facing as they move to the public cloud. He delved into the "Hybrid Cloud" space and explained why every CIO should consider ‘hybrid cloud' as part of their future strategy to achi...
Jul. 2, 2015 10:00 AM EDT Reads: 792