FOLSOM, Calif., Nov. 28, 2011 /PRNewswire/ -- Global Digital
Solutions, Inc. (GDSI.PK), a leader in telecom engineering and
consulting for telecom infrastructure services, announced today
over $29 million in outstanding job
bids.
The bids range from a highest of $7,257,398 to a low of $25,000. All the bids lie in the core of Global's
technical expertise and the company expresses a high degree of
confidence that a significant percentage of the job bids with be
awarded. It should be noted that Global has partners on many of
these projects, and so even if 100% of all bids are awarded, Global
would not realize the entire $29,000,000 in revenues. All of these job bids
are for projects within California.
"We have a significant portfolio of job bids outstanding with
very large telecommunications carriers," commented J.L. "Jerry"
Gruben, Vice President-Operations of Global Digital Solutions. "We
have recently been awarded some projects and we hope to announce
some details of these awards including final numbers after
contracts are completed."
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. Delgado
(916) 838-8833
info@gdsi.co
SOURCE Global Digital Solutions, Inc.