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.
Contact:
info@gdsi.co
SOURCE Global Digital Solutions, Inc.