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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Global Digital Solutions Inc (CE) | USOTC:GDSI | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.0001 | 0.00 | 01:00:00 |
From Jul 2019 to Jul 2024
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.
Copyright 2012 PR Newswire
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