Global Digital Solutions has won new contract revenues of approximately $223,000. These contract revenues are part of the company’s recurring routine maintenance work. This work consists of seven infrastructure projects in Northern California and one project in Northern Nevada.
W. J. “Bill” Delgado (President and CEO, Global Digital Solutions): Although these contracts seem smaller in nature, they will collectively contribute, over the year, approximately $2,000,000 of our 2012 projected revenues.
In addition, these routine projects contribute a larger Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) margin than the larger infrastructure projects, typically in excess of 20%.
Global Digital Solutions provides engineering and consulting services.