FOLSOM, Calif., May 3, 2012 /PRNewswire/ -- Global Digital
Solutions (GDSI.PK) announced today that the company has received 4
separate bid requests for work with the Central Valley Independent
Network (CVIN) (3) and the city of Richmond, California (1). For strategic
reasons, the company is not revealing the source of the final bid
request.
The Central Valley Independent Network (CVIN) is a consortium of
affiliates of independent telephone companies in central and
northern California that has begun
construction on a new network that is expected to provide broadband
access to 1,973 communities in California's Central Valley area.
W.J. "Bill" Delgado, Chairman and Chief Executive Officer of
Global Digital Solutions commented, "We are very excited to receive
these recent requests for formal bids for $6
million in work. We are very confident that we will submit
very competitive bids for at least two of the bid requests which
would be almost $4 million in new
business for our company."
Delgado added, "We are definitely seeing an increase of activity
as more federal and state funding is allocated to improve the
infrastructure in Central and Northern
California. We are very excited about our internal economic
forecasts and we will be announcing updated revenue projections
within the next few weeks."
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.