<SEC-DOCUMENT>0001144204-14-056636.txt : 20140918
<SEC-HEADER>0001144204-14-056636.hdr.sgml : 20140918
<ACCEPTANCE-DATETIME>20140918092035
ACCESSION NUMBER:		0001144204-14-056636
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20140918
DATE AS OF CHANGE:		20140918
EFFECTIVENESS DATE:		20140918

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WPCS INTERNATIONAL INC
		CENTRAL INDEX KEY:			0001086745
		STANDARD INDUSTRIAL CLASSIFICATION:	COMMUNICATION SERVICES, NEC [4899]
		IRS NUMBER:				980204758
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34643
		FILM NUMBER:		141109289

	BUSINESS ADDRESS:	
		STREET 1:		ONE EAST UWCHLAN AVENUE
		STREET 2:		SUITE 301
		CITY:			EXTON
		STATE:			PA
		ZIP:			19341
		BUSINESS PHONE:		6109030400

	MAIL ADDRESS:	
		STREET 1:		ONE EAST UWCHLAN AVENUE
		STREET 2:		SUITE 301
		CITY:			EXTON
		STATE:			PA
		ZIP:			19341

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PHOENIX STAR VENTURES INC
		DATE OF NAME CHANGE:	20010424

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WOWTOWN COM INC
		DATE OF NAME CHANGE:	20000315

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PARAMOUNT SERVICES CORP
		DATE OF NAME CHANGE:	19990519
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>v389357_defa14a.htm
<DESCRIPTION>DEFA14A
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>WASHINGTON, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>SCHEDULE 14A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>Proxy Statement Pursuant to Section 14(a)
of the Securities</B> <B>Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: justify; width: 42%"><font style="font-size: 10pt">Filed by the Registrant</font></td>
    <TD STYLE="padding-right: 0.8pt; text-align: justify; width: 58%"><font style="font: 10pt Wingdings"><b>x</b></font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Filed by a Party other than the Registrant</font></td>
    <TD STYLE="padding-right: 0.8pt; text-align: justify"><font style="font: 10pt Wingdings">&uml;</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td colspan="2" style="padding-right: 1.8pt; text-align: justify"><font style="font-size: 10pt">Check the appropriate box:</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: justify; width: 7%"><font style="font: 10pt Wingdings">&uml;</font></td>
    <TD STYLE="padding-right: 0.8pt; text-align: justify; width: 93%"><font style="font-size: 10pt">Preliminary Proxy Statement</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: justify"><font style="font: 10pt Wingdings">&uml;</font></td>
    <TD STYLE="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt"><b>Confidential, For Use of the Commission Only (as Permitted by Rule 14a-6(e)(2))</b></font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: justify"><font style="font: 10pt Wingdings">&uml;</font></td>
    <TD STYLE="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Definitive Proxy Statement</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: justify"><font style="font: 10pt Wingdings"><b>x</b></font></td>
    <TD STYLE="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Definitive Additional Materials</font></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="padding-right: 0.8pt; text-align: justify"><font style="font: 10pt Wingdings">&uml;</font></td>
    <TD STYLE="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Soliciting Material Pursuant to &sect; 240.14a-12</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><U>WPCS INTERNATIONAL INCORPORATED</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name of Registrant as Specified in its
Charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Name of Person(s) Filing Proxy Statement,
if other than the Registrant)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td colspan="2" style="padding-right: 1.8pt; text-align: justify"><font style="font-size: 10pt">Payment of Filing Fee (Check the appropriate box):</font></td></tr>
<tr style="vertical-align: top">
    <td style="width: 7%; padding-right: 0.8pt; text-align: justify"><font style="font: 10pt Wingdings"><b>x</b></font></td>
    <td style="width: 93%; padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">No fee required</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font: 10pt Wingdings">&uml;</font></td>
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">(1)</font></td>
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Title of each class of securities to which transaction applies: &nbsp;</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify">&nbsp;</td>
    <td style="padding-right: 0.8pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">(2)</font></td>
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Aggregate number of securities to which transaction applies: &nbsp;</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&nbsp;</td>
    <td style="padding-right: 0.8pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">(3)</font></td>
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&nbsp;</td>
    <td style="padding-right: 0.8pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">(4)</font></td>
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Proposed maximum aggregate value of transaction: &nbsp;</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&nbsp;</td>
    <td style="padding-right: 0.8pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">(5)</font></td>
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Total fee paid: &nbsp;</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&nbsp;</td>
    <td style="padding-right: 0.8pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font: 10pt Wingdings">&uml;</font></td>
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Fee paid previously with preliminary materials:</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&nbsp;</td>
    <td style="padding-right: 0.8pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font: 10pt Wingdings">&uml;</font></td>
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&nbsp;</td>
    <td style="padding-right: 0.8pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">(1)</font></td>
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Amount previously paid:</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&nbsp;</td>
    <td style="padding-right: 0.8pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">(2)</font></td>
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Form, Schedule or Registration Statement No.:</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&nbsp;</td>
    <td style="padding-right: 0.8pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">(3)</font></td>
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Filing Party:</font></td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt">&nbsp;</td>
    <td style="padding-right: 0.8pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">(4)</font></td>
    <td style="padding-right: 0.8pt; text-align: justify"><font style="font-size: 10pt">Date Filed:</font></td></tr>
</table>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On September 18, 2014, WPCS International
Incorporated, in connection with its Annual Meeting of Stockholders scheduled to be held on September 29, 2014, issued a press
release. A copy of the press release is set forth below. The letter to stockholders contained within the press release will also
be mailed to stockholders of record in connection with the Annual Meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><IMG SRC="image_001.gif" ALT="Description: WPCS" STYLE="height: 81px; width: 189px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>WPCS Provides Shareholders with a Year
in Review and </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Why a &ldquo;YES&rdquo; Vote to Increase
Authorized Shares is Crucial</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Suisun City, CA - (Marketwired &ndash; September 18, 2014) - WPCS International Incorporated (NASDAQ:&nbsp;WPCS) (the &ldquo;Company&rdquo;), which specializes in contracting services
for communications infrastructure and the development of a digital currency trading platform, today is providing a letter to shareholders
with a year in review and why a &ldquo;YES&rdquo; vote to increase the authorized shares is crucial.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dear Shareholders,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As we reflect upon the 2014 fiscal year
that recently concluded, it was clearly a period of transition, restructuring, planning and preparing for the future. I am writing
this letter to you today because your management team and Board of Directors (&ldquo;Board&rdquo;) wish to remain transparent throughout
this process so that you may understand the critical juncture we are at today and how your vote at the upcoming annual shareholder
meeting will help pave the way for our future success.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We want you to know that we are entering
the final stages of our current restructuring. The Board believes that once our proposal to increase the number of common shares
authorized by the Certificate of Incorporation and other proposals are approved, it will enable WPCS to seek key strategic initiatives
to enhance our balance sheet through debt reduction, which we believe will ultimately improve our shareholders&rsquo; equity and
cash position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">With these changes, we believe that the
Company will also have the ability to pursue strategic opportunities to create new value for shareholders. While the very important
decisions WPCS shareholders face today are driving this letter, it is my intention to continually and consistently ensure that
management and the Board maintain direct communication activities with you.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Since commencing the restructuring of WPCS
in August 2013, our entire team has been totally committed to the vision of moving towards creating opportunities to develop growth
businesses. We are, and will continue, to be steadfast in our goal of building shareholder value.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Restructuring Accomplishments:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">a)</TD><TD STYLE="text-align: justify">Overcame approximately $2.0 million in projected cash flow shortages by closing Trenton operations,
implementing cost reductions and renegotiating vendor payment terms;<B> </B></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">b)</TD><TD STYLE="text-align: justify">Financial results that include increased revenue and an improved balance sheet:</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">a.</TD><TD STYLE="text-align: justify">For the 2014 fiscal fourth quarter, revenue increased 25.7% from the same period in fiscal 2013.
Taking into account the strategic reduction of WPCS&rsquo; Trenton operations, revenue for the quarter and full year ended April
30, 2014 increased 47.2% and 34.4%, respectively, compared to the same periods in 2013;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; background-color: white"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-align: justify; background-color: white">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">b.</TD><TD STYLE="text-align: justify">Cash and cash equivalents increased from $1.4 million as of April 30, 2013 to $2.2 million as of
April 30, 2014; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">c.</TD><TD STYLE="text-align: justify">Shareholders&rsquo; equity increased by approximately $6.9 million from a deficit of $900,000 at
April 30, 2013 to equity of $6.0 million at April 30, 2014;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">c)</TD><TD STYLE="text-align: justify">Annualized savings of over $1.1 million achieved through administrative and operating cost reductions;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">d)</TD><TD STYLE="text-align: justify">Completed the sale of Australia Operations;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">e)</TD><TD STYLE="text-align: justify">Negotiated $1 million severance reduction with Chief Financial Officer; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">f)</TD><TD STYLE="text-align: justify">Negotiated the removal of certain onerous default provisions contained within outstanding secured
convertible notes.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left; background-color: white"><B>Other
News:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; text-indent: -0.25in; background-color: white">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">a)</TD><TD STYLE="text-align: justify">Suisun City, for the period January 1, 2014 through May 31, 2014, announced approximately $5.5
million in new contracts as compared to $2.3 million for the same period year-over-year, an increase of 139%;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; background-color: white">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">b)</TD><TD STYLE="text-align: justify">Since acquiring the BTX Trader software platform in December 2013, the online platform has grown
to 5,000 users and over 1,500 unique visitors per month; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify; background-color: white">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; background-color: white"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">c)</TD><TD STYLE="text-align: justify">BTX Trader has launched Celery (www.gocelery.com), a new product providing consumers with a simple
and fast way to buy digital currency using direct bank transfers, initially focused on Bitcoin and Dogecoin.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">These positive strides to-date have helped
curtail losses, reduce cash flow deficiencies and have set the stage for future growth potential. Going forward, we are continuing
these restructuring efforts by moving towards the divestiture of our Seattle operations, which we expect to occur at the end of
this month, and looking to find a buyer for our China Joint Venture interest. The successful closing of these transactions could
generate approximately $3.5 million for the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The upcoming proxy statement proposal to
increase the authorized shares of the Company, which shareholders did not approve when last presented, is required for us to meet
the existing equity conversion and warrant obligations under our secured convertible notes, convertible preferred stock and warrants.
We are required to continue to seek this approval, which will result in additional cost and expenses to WPCS, until our obligation
is met. We believe that an increase in authorized common stock could lead to the reduction or elimination of our outstanding secured
debt, which has been highly restrictive on the Company and our ability to create value for all shareholders going forward. Additionally,
the increase in authorized shares would better position the Company to attract talent through a new stock option plan, provide
the Company with flexibility for potential growth capital and enhance our ability to leverage our position as a publicly-traded
company to pursue selected strategic acquisitions that we believe could enhance our business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">When developing the restructuring plan
last year, I envisioned that at this time, the Company would be debt-free, with several million dollars of working capital, and
the equity available to focus entirely on revenue growth and profitability. The steps management and the Board have taken has prepared
us to accomplish just that. But, <B>we need your support</B>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The way to accomplish these objectives
is to once again seek your approval to increase the number of authorized shares of the Company. If any such proposal is not approved,
I feel that WPCS will remain constrained by its debt, find it difficult to attract talent, be unable to secure necessary financing,
and limit its ability to close any substantive value-enhancing acquisitions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">I am pleased with the progress we have
made. I am also very encouraged by the opportunities being presented to WPCS and highly optimistic about the future prospects of
this Company. There may be no better time to help us finish the task at hand and finally change the direction of WPCS for the better.
Right now is your chance as a shareholder to be an important part of the next significant decision facing your company. We have
filed a new proxy statement and are asking you to please vote &ldquo;yes&rdquo; with management and the Board on the proposal to
increase the number of shares of common stock authorized by the Certificate of Incorporation of the Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We wish to thank our shareholders, customers,
partners and employees for their continued trust, confidence, and support as we hope to move into the next exciting phase of WPCS&rsquo;
history.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sincerely,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sebastian Giordano</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Interim CEO</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>About WPCS International Incorporated</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">WPCS operates
in two business segments: (1) providing communications infrastructure contracting services to the public services, healthcare,
energy and corporate enterprise markets worldwide; and (2) developing a digital currency trading platform. For more infor<FONT STYLE="color: Black">mation,
please visit&nbsp;<U>www.wpcs.com</U>, <U>www.btxtrader.com</U> and</FONT> <U>www.gocelery.com</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><I>Statements
about the Company's future expectations, including future revenue and earnings and all other statements in this press release,
other than historical facts, are &quot;forward looking&quot; statements and are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995.&nbsp;Such forward-looking statements involve risks and uncertainties and
are subject to change at any time.&nbsp;The Company's actual results could differ materially from expected results.&nbsp;In reflecting
subsequent events or circumstances, the Company undertakes no obligation to update forward-looking statements.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><I>&nbsp;</I></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 0.75pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>INVESTOR CONTACT</I>:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Capital Markets Group, LLC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Valter Pinto</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">PH: (914) 669-0222 or (212) 398-3486</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">valter@capmarketsgroup.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"></P>

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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>



<P STYLE="margin: 0"></P>

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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
