Global Digital Solutions Projects Revenues to Exceed $6 Million in 2012

FOLSOM, Calif., Nov. 8, 2011 /PRNewswire/ -- Global Digital Solutions, Inc. (GDSI.PK), a leader in telecom engineering and consulting for telecom infrastructure services announced today that it is projecting revenues of $6.2 million for calendar year 2012. According to management's projections and estimates based on the current pipeline, the company is also projecting revenue growth at a minimum of 50% through 2015.

The Company recently completed an engineering job for a New York Stock Exchange-listed national communications carrier in the San Francisco area. The Company also has an additional $20 million of potential revenue in outstanding job bids which if awarded, these revenues would all be recognized during the next 24 months.

J.L. "Jerry" Gruben, Vice President-Engineering of Global Digital Solutions remarked, "We are getting overwhelming interest from many of our business partners, including interest from some of the largest telecommunication carriers on West Coast."

Mr. Gruben concluded his statement by saying, "We hope to deliver more good news to the market in the near future."

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.  

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SOURCE Global Digital Solutions, Inc.

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