Kavveri Acquires WPCS International Inc

BENGALURU: Kavveri Telecom Products Limited, a leading wireless subsystem manufacturer, providing world class hardware products and solutions for the telecom, defense and space industry today, announced its latest acquisition of WPCS International Incorporated (Wireless Communication Division).(Nasdaq:WPCS)(www.wpcs-solutions.com)

Kavveri Telecom Products Limited, through its 100% subsidiary company Kavveri Technologies Americas Inc., acquired WPCS Wireless Communication division with operations in Lakewood, New Jersey and Hartford Connecticut. The company acquired these two operations through its 100% subsidiaries Quality Communication Systems Inc. & New England Communication Systems Corp.

Kavveris strategy is to build its core wireless technology groups and establish itself as a global end to end wireless infrastructure solutions Company. The acquisition of the wireless division of WPCS International Incorporated significantly enhances Kavveris expansion and positioning in US market for projected growth in both the cellular and public safety market segments. The acquisition will provide Kavveri with a comprehensive range of wireless systems solutions including In-Building for Public Safety and Cellular Applications, Network Solutions, Mobile Data, Asset Tracking, Radio Systems, Video solutions, Wireless Infrastructure and Integrated Business Systems.

Mr. Shivakumar Reddy, Managing Director, Kavveri Telecom Products Limited stated that, We are extremely pleased to announce the completion of the US acquisition. The essence of the WPCS International Incorporated acquisition not only enhances our wireless systems solutions capabilities but will expand and strengthen our sales channels for Kavveri Group products in the US market. Ms. Uma Reddy, President and COO, Kavveri Telecom Products Limited further pointed out that Kavveri is now well positioned to take advantage of the significant growth opportunities in both public safety and cellular inbuilding applications.

Mr. Andy Hidalgo, CEO of WPCS International stated that the wireless communication division had always been a strong performer for WPCS and it was a strategic acquisition that made a lot of sense for Kavveri given their end to end wireless infrastructure product and solutions business.