June 26, 2007 - 9:31 AM EDT
PDGE 1.07 0.04
PDG Environmental Awarded Contracts Worth $7.5 Million
PDG Environmental, Inc. (OTC BB: PDGE), a leading provider of environmental remediation and specialty contracting services, announced today that it has been awarded a number of contracts valued, in aggregate, at $7.5 million. Of the total, approximately $4.0 million of these awards are for reconstruction, mold remediation, and restoration projects in several states – Pennsylvania, Mississippi, California, Arizona, and Texas. The contracts include apartment complexes, schools, and commercial facilities, with most of the work to be completed in the second and third quarters of fiscal 2008. The company has also been awarded approximately $3.5 million in asbestos abatement projects in Pennsylvania, New York, West Virginia, and New Jersey, for industrial and commercial customers.
“As discussed on our first quarter conference call, we’ve seen good bidding activity across the board heading into the summer season,” said John Regan, chairman and chief executive officer. “Our reconstruction business, in particular, is building a strong backlog for the remainder of this fiscal year, and our asbestos operation remains healthy.”
About PDG Environmental
PDG Environmental, Inc., headquartered in Pittsburgh, PA, is a leading provider of specialty contracting services including asbestos abatement, mold remediation, emergency response, demolition and reconstruction to commercial, industrial and governmental clients nationwide. With over twenty years experience, PDG Environmental has offices nationwide capable of responding to customer requirements coast to coast. For additional information, please visit www.pdge.com.
Safe Harbor Statement under Private Securities Act of 1995: The statements contained in this release, which are not historical facts, may be deemed to contain forward-looking statements, including, but not limited to, deployment of new services, growth of customer base, and growth of service area, among other items. Actual results may differ materially from those anticipated in any forward-looking statement with regard to magnitude, timing or other factors. Deviation may result from risk and uncertainties, including, without limitation, the Company's dependence on third parties, market conditions for the sale of services, availability of capital, operational risks on contracts, and other risks and uncertainties. The Company disclaims any obligation to update information contained in any forward-looking statement.
PDG Environmental, Inc.
John C. Regan, Chairman & CEO
412-243-3200
or
Investor:
Lippert/Heilshorn & Associates, Inc.
Chris Witty, 212-201-6609
cwitty@lhai.com
Source: Business Wire (June 26, 2007 - 9:31 AM EDT)
News by QuoteMedia
www.quotemedia.com
PDGE 1.07 0.04
PDG Environmental Awarded Contracts Worth $7.5 Million
PDG Environmental, Inc. (OTC BB: PDGE), a leading provider of environmental remediation and specialty contracting services, announced today that it has been awarded a number of contracts valued, in aggregate, at $7.5 million. Of the total, approximately $4.0 million of these awards are for reconstruction, mold remediation, and restoration projects in several states – Pennsylvania, Mississippi, California, Arizona, and Texas. The contracts include apartment complexes, schools, and commercial facilities, with most of the work to be completed in the second and third quarters of fiscal 2008. The company has also been awarded approximately $3.5 million in asbestos abatement projects in Pennsylvania, New York, West Virginia, and New Jersey, for industrial and commercial customers.
“As discussed on our first quarter conference call, we’ve seen good bidding activity across the board heading into the summer season,” said John Regan, chairman and chief executive officer. “Our reconstruction business, in particular, is building a strong backlog for the remainder of this fiscal year, and our asbestos operation remains healthy.”
About PDG Environmental
PDG Environmental, Inc., headquartered in Pittsburgh, PA, is a leading provider of specialty contracting services including asbestos abatement, mold remediation, emergency response, demolition and reconstruction to commercial, industrial and governmental clients nationwide. With over twenty years experience, PDG Environmental has offices nationwide capable of responding to customer requirements coast to coast. For additional information, please visit www.pdge.com.
Safe Harbor Statement under Private Securities Act of 1995: The statements contained in this release, which are not historical facts, may be deemed to contain forward-looking statements, including, but not limited to, deployment of new services, growth of customer base, and growth of service area, among other items. Actual results may differ materially from those anticipated in any forward-looking statement with regard to magnitude, timing or other factors. Deviation may result from risk and uncertainties, including, without limitation, the Company's dependence on third parties, market conditions for the sale of services, availability of capital, operational risks on contracts, and other risks and uncertainties. The Company disclaims any obligation to update information contained in any forward-looking statement.
PDG Environmental, Inc.
John C. Regan, Chairman & CEO
412-243-3200
or
Investor:
Lippert/Heilshorn & Associates, Inc.
Chris Witty, 212-201-6609
cwitty@lhai.com
Source: Business Wire (June 26, 2007 - 9:31 AM EDT)
News by QuoteMedia
www.quotemedia.com