$GDSI..news out.. W. J. "Bill" Delgado, Presiden
Post# of 25339
$GDSI..news out..
W. J. "Bill" Delgado, President/CEO of Global Digital Solutions, Inc., commented,
"Although these contracts seem Global Digital Solutions, Inc. Announces New Contract Awards
FOLSOM, Calif., March 9, 2012 /PRNewswire via COMTEX/ -- Global Digital
Solutions, Inc. (GDSI.PK - News), a leader in telecom engineering and consulting
for telecom infrastructure services, today announced new contract revenues of
approximately $223,000. These contract revenues are part of the company's
recurring routine maintenance work. This work consists of seven infrastructure
projects in Northern California and one project in Northern Nevada.
smaller in nature, they will collectively
contribute, over the year, approximately $2,000,000 of our 2012 projected
revenues. In addition, these routine projects contribute a larger Earnings Before
Interest, Taxes, Depreciation, and Amortization (EBITDA) margin than the larger
infrastructure projects, typically in excess of 20%. We plan to expand our
recurring routine maintenance work throughout the Western United States."
About Global Digital Solutions, Inc.:
Global Digital Solutions provides engineering and consulting services to Local
Exchange Carriers, Long Haul Fiber Optic Carriers, Fortune 1000 companies as well
as Federal, State, and Local governments. For more information please visit
http://www.gdsi.co.
Statements about the company's expectations, including 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.
Contact:
W.J. Delgado916-838-8833 info@gdsi.co
SOURCE Global Digital Solutions, Inc.
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