FOLSOM, Calif., March 9, 2012 /PRNewswire/ -- 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.
W. J. "Bill" Delgado, President/CEO of Global Digital Solutions,
Inc., commented, "Although these contracts seem 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. Delgado
916-838-8833
info@gdsi.co
SOURCE Global Digital Solutions, Inc.