WPCS International Incorporated (NASDAQ: WPCS) has completed the acquisition of Pride Electronic Security Systems located in Queensland, Australia. The purchase price includes a payment at closing of AUD$2 million of a potential of up to an additional AUD$2 million of purchase price based on the achievement of certain earnings goals over the next two years.
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About WPCS International Incorporated:
WPCS is a design-build engineering company that focuses on the implementation requirements of communications infrastructure. The company provides its engineering capabilities including wireless communication, specialty construction and electrical power to the public services, healthcare, energy and corporate enterprise markets worldwide.
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