Exhibit 99.1

EXTON, PA — (PR Newswire-First Call) - March, 19, 2007) WPCS International Incorporated (Nasdaq: WPCS) a leader in design-build engineering services for specialty communication systems and wireless infrastructure, has reported its financial results for the third quarter ended January 31, 2007. For the quarter ended January 31, 2007, WPCS reported total revenue of approximately $18.1 million compared to $11.8 million for the same period a year ago, which represents an increase of approximately 53%. For the third quarter of FY2007, the reported net income was approximately $1.25 million or $0.20 per diluted share. For the same period last year, the reported net loss was approximately $9 million or $2.26 per diluted share which included a non-cash charge of approximately $9.7 million related to accounting for warrant liabilities.

For the nine months ended January 31, 2007, WPCS reported total revenue of approximately $52.3 million compared to $38.2 million for the same period a year ago, which represents an increase of approximately 37%. For the nine months of FY2007, the reported net income was approximately $3.2 million or $0.54 per diluted share. For the same period last year, the reported net loss was approximately $9.6 million or $2.48 per diluted share which included a non-cash charge of approximately $11.4 million related to accounting for warrant liabilities.

Andrew Hidalgo, CEO of WPCS International Incorporated, stated: “The management team at WPCS is very pleased with the third quarter results. The financial performance reported in the third quarter keeps us on track to achieve our FY2007 guidance estimates. For the third consecutive quarter, we achieved record revenue production. In addition, we have a strong balance sheet with approximately $23 million in cash, $29 million in working capital and only $4.7 million in long term debt. Our shareholder equity and net tangible asset value has increased to approximately $47 million and $26 million respectively, which are both all time highs. WPCS has also generated over $7 million in cash from operations through the first nine months of this fiscal year ended January 31, 2007. With a backlog of $25 million and a bid list of $69 million, we continue to see a robust market for our engineering services. We anticipate a strong finish for FY2007 and a very successful FY2008.”

WPCS International Incorporated provides design-build engineering services for specialty communication systems and wireless infrastructure including site design, product integration and project management. The company has an extensive customer base that includes corporations, government entities and educational institutions. For more information, please visit our website at www.wpcs.com.

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 "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.

WPCS INTERNATIONAL INCORPORATED AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)

	Three Months Ended						Nine Months Ended
	January 31,						January 31,
	2007			2006			2007			2006
				(Note 1 )						(Note 1 )

REVENUE	$	18,121,405		$	11,821,189		$	52,310,727		$	38,243,071

COSTS AND EXPENSES:
Cost of revenue		12,150,372			8,257,514			36,202,802			27,726,737
Selling, general and administrative expenses		3,538,395			2,204,838			9,874,455			6,820,446
Depreciation and amortization		310,074			212,334			880,965			633,394

Total costs and expenses		15,998,841			10,674,686			46,958,222			35,180,577

OPERATING INCOME		2,122,564			1,146,503			5,352,505			3,062,494

OTHER EXPENSE (INCOME):
Interest expense		112,387			70,391			326,823			182,433
Interest income		(120,164	)		(22,994	)		(294,916	)		(40,238	)
Loss on change in fair value of warrants		-			9,678,732			-			11,406,414

INCOME (LOSS) BEFORE INCOME TAX PROVISION		2,130,341			(8,579,626	)		5,320,598			(8,486,115	)

Income tax provision		878,462			432,665			2,089,642			1,153,773

NET INCOME (LOSS)	$	1,251,879			($9,012,291	)	$	3,230,956			($9,639,888	)

Basic net income (loss) per common share	$	0.23			($2.26	)	$	0.59			($2.48	)

Diluted net income (loss) per common share	$	0.20			($2.26	)	$	0.54			($2.48	)

Basic weighted average number of common shares outstanding		5,547,671			3,995,768			5,454,911			3,890,382

Diluted weighted average number of common shares outstanding		6,323,169			3,995,768			6,011,224			3,890,382

WPCS INTERNATIONAL INCORPORATED AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS


	January 31,		April 30,
ASSETS		2007		2006
		(Unaudited)		(Note 1)
CURRENT ASSETS:
Cash and cash equivalents	$	23,028,985	$	12,279,646
Accounts receivable, net of allowance of $98,786 and $104,786 at January 31, 2007 and April 30, 2006, respectively		12,080,394		12,141,789
Costs and estimated earnings in excess of billings on uncompleted contracts		1,905,753		1,441,977
Inventory		1,660,981		1,204,540
Prepaid expenses and other current assets		682,273		286,625
Deferred income taxes		51,000		78,000
Total current assets		39,409,386		27,432,577

PROPERTY AND EQUIPMENT, net		1,930,702		1,352,216

CUSTOMER LISTS, net		1,426,805		864,388

GOODWILL		19,019,452		14,239,918

DEBT ISSUANCE COSTS, net		71,468		111,091

DEFERRED INCOME TAXES		73,000		51,000

OTHER ASSETS		233,130		71,128

Total assets	$	62,163,943	$	44,122,318

WPCS INTERNATIONAL INCORPORATED AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS (continued)



	January 31,		April 30,
LIABILITIES AND SHAREHOLDERS' EQUITY	2007		2006
	(Unaudited)		(Note 1)
CURRENT LIABILITIES:
Current portion of capital lease obligation	$	8,960	$	-
Current portion of loans payable		269,056		231,065
Accounts payable and accrued expenses		5,895,701		4,989,861
Billings in excess of costs and estimated earnings on uncompleted contracts		2,269,810		1,085,312
Deferred revenue		493,426		128,052
Due to shareholders		747,000		381,377
Income taxes payable		588,443		420,066
Deferred income taxes		25,000		21,000
Total current liabilities		10,297,396		7,256,733

Borrowings under line of credit		4,437,446		3,000,000
Loans payable, net of current portion		247,438		256,692
Due to shareholders, net of current portion		-		514,623
Deferred income taxes		499,000		531,000
Total liabilities		15,481,280		11,559,048

COMMITMENTS AND CONTINGENCIES

SHAREHOLDERS' EQUITY:
Preferred stock - $0.0001 par value, 5,000,000 shares authorized, none issued		-		-

Common stock - $0.0001 par value, 75,000,000 shares authorized, 6,616,415 and 5,264,284 shares issued and outstanding at January 31, 2007 and April 30, 2006, respectively		662		526
Additional paid-in capital		44,413,431		33,525,130
Retained earnings (accumulated deficit)		2,268,570		(962,386	)

Total shareholders' equity		46,682,663		32,563,270

Total liabilities and shareholders' equity	$	62,163,943	$	44,122,318


	January 31,			April 30,
		2007			2006

Total Assets, as reported	$	62,163,943		$	44,122,318

Deduct: Total liabilities		(15,481,280	)		(11,559,048	)
Goodwill		(19,019,452	)		(14,239,918	)
Customer lists		(1,426,805	)		(864,388	)

Net Tangible Asset Value	$	26,236,406		$	17,458,964