WPCS Announces Financial Results for Fiscal Year Ended April 30, 2015

4th Quarter Generated Income From Continuing Operations

SUISUN, CA--(Jul 30, 2015) - WPCS International Incorporated (NASDAQ: WPCS), which specializes in contracting services for communications infrastructure, today announced that on July 29, 2015, it filed its Form 10-K, Annual Report for the fiscal year ended April 30, 2015.

Sebastian Giordano, Interim CEO of WPCS, commented, "Operational results this past year demonstrated that our core business, Suisun City Operations, continues to perform profitably. While the overall Company had an operating loss of $1,069,000 and $3,932,000 for the twelve months ended April 30, 2015 and 2014, Suisun City Operations had operating income of $1,577,000 and $776,000 for the same periods. Moreover, the Company produced income from continuing operations of $397,000 during the three months ended April 30, 2015 as compared to a loss from continuing operations of $420,000 for the same period in 2014."

Fortinet Announces Agreement to Acquire Meru Networks

Acquisition Expected to Bolster Fortinet's Secure Wireless Solutions, Add Enterprise Customers, and Expand Total Addressable Market

SUNNYVALE, CA--(May 27, 2015) - Fortinet (FTNT), the global leader in high-performance cyber security solutions, and Meru Networks (MERU), a leader in intelligent Wi-Fi networking, today announced a definitive agreement for Fortinet to acquire Meru. The acquisition is synergistic with Fortinet's secure wireless vision and enterprise growth focus, broadens the company's solutions portfolio, and expands its opportunity to uniquely address the $5B global enterprise Wi-Fi market(1) with integrated and intelligent secure wireless solutions. Leading the trend to provide broad security for wired and wireless networks and devices, Fortinet also announced today a new FortiGuard mobile security subscription service to protect mobile devices and applications across the enterprise.